Philippines / United Kingdom

Overview In August 2021, Philippines exported $39M and imported $45.6M from United Kingdom, resulting in a negative trade balance of $6.6M. Between August 2020 and August 2021 the exports of Philippines have increased by $4.81M (14.1%) from $34.2M to $39M, while imports increased by $6.52M (16.7%) from $39.1M to $45.6M.

Trade In August 2021, the top exports of Philippines to United Kingdom were Recovered Paper Pulp ($4.87M), Commodities not elsewhere specified ($3.46M), Processed Fish ($3M), Other Processed Fruits and Nuts ($1.89M), and Industrial Printers ($1.56M). In August 2021 the top imports of Philippines from United Kingdom were Planes, Helicopters, and/or Spacecraft ($22.4M), Semiconductor Devices ($9.62M), Packaged Medicaments ($5.49M), Cars ($2.24M), and Aircraft Parts ($2.15M).

Growth In August 2021, the increase in Philippines's year-by-year exports to United Kingdom was explained primarily by an increase in product exports in Recovered Paper Pulp ($1.28M or 35.5%), Other Processed Fruits and Nuts ($1.19M or 171%), and Other Pure Vegetable Oils ($701k or 945%). In August 2021, the increase in Philippines's year-by-year imports  from United Kingdom was explained primarily by an increase in product imports  in Cars ($2.14M or 2.09k%), Semiconductor Devices ($1.78M or 22.8%), and Packaged Medicaments ($1.68M or 44.1%).