2022
Exports | Imports
$8.9B | $185MWorld Rnk 14 / 176
Flag Rnk 3 / 1127
World Rnk 49 / 178
Flag Rnk 165 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.63Rnk 38 / 124
2022
PRODUCT COMPLEXITY IN Gold
-2.48Rnk 1016 / 1025

About

Exports In 2022, Philippines exported $8.9B in Gold, making it the 14th largest exporter of Gold in the world. At the same year, Gold was the 3rd most exported product in Philippines. The main destination of Gold exports from Philippines are: Switzerland ($3.72B), United Kingdom ($3.42B), United Arab Emirates ($931M), Hong Kong ($470M), and India ($139M).

The fastest growing export markets for Gold of Philippines between 2021 and 2022 were United Kingdom ($3.42B), Switzerland ($3.06B), and United Arab Emirates ($920M).

Imports In 2022, Philippines imported $185M in Gold, becoming the 49th largest importer of Gold in the world. At the same year, Gold was the 165th most imported product in Philippines. Philippines imports Gold primarily from: Singapore ($72.6M), South Korea ($70.6M), Japan ($16.1M), China ($13.1M), and United States ($6.03M).

The fastest growing import markets in Gold for Philippines between 2021 and 2022 were South Korea ($9.55M), United States ($486k), and United Arab Emirates ($414k).

COMPANIES In 2020, leading companies such as were at the forefront of shipping Gold from Philippines to the United States.

Latest Trends

August 2021

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2020 - August 2021)$3.04M(3.48%)
IMPORT GROWTH (August 2020 - August 2021)$2.64M(112%)
MAIN DESTINATION (August 2021)Switzerland$48.4M

This section shows Gold's exports and imports data at subnational level for Philippines. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Gold over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.9B
IMPORTS (2022)$185M
NET TRADE (2022)$8.71B

In 2022, Philippines exported $8.9B in Gold. The main destinations of Philippines exports on Gold were Switzerland ($3.72B), United Kingdom ($3.42B), United Arab Emirates ($931M), Hong Kong ($470M), and India ($139M).

In 2022, Philippines imported $185M in Gold, mainly from Singapore ($72.6M), South Korea ($70.6M), Japan ($16.1M), China ($13.1M), and United States ($6.03M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gold EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United Kingdom$3.42B (1%)
Switzerland$3.06B (463%)
United Arab Emirates$920M (8.49k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Philippines WERE (2021 - 2022):
India-$59.7M (-30%)
Israel-$15.5M (-100%)
Chinese Taipei-$3.64M (-13.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Gold were:
In 2022, Philippines's main importing competitors in Gold were:

Explore Visualizations

Trade Value of Gold by Exporters

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