Knit Socks and Hosiery in   Philippines

Overview In June 2024 Philippines' Knit Socks and Hosiery exports accounted up to $1.22M and imports accounted up to $528k, resulting in a positive trade balance of $690k. Between June 2023 and June 2024 the exports of Philippines'   Knit Socks and Hosiery have decreased by $-671k (-35.5%) from $1.89M to $1.22M, while imports decreased by $-2.15M (-80.3%) from $2.68M to $528k.

Destinations In June 2024, Knit Socks and Hosiery were exported mostly to Japan ($710k), United States ($160k), China ($155k), South Korea ($57.3k), and Canada ($49k), and were imported mostly from Chinese Taipei ($167k), Vietnam ($113k), India ($54.8k), Slovenia ($17k), and Pakistan ($16.2k).

Growth In June 2024, the decrease in Knit Socks and Hosiery's year-by-year exports was explained primarily by a decrease in exports to Germany ($-39k or -35.2%), Chinese Taipei ($-22.3k or -65.6%), and Malaysia ($-12.5k or -86.6%). In June 2024, the decrease in Knit Socks and Hosiery's year-by-year imports was explained primarily by a decrease in imports from Thailand ($-34k or -83.5%), Malaysia ($-20.9k or -80%), and Sri Lanka ($-3.68k or -35.5%).