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Pricing

2022
Exports $1.95MWorld Rnk 50 / 127
Flag Rnk 532 / 1127
2022
Destination $736k Australia
2021 - 2022
FASTEST GROWING MARKET $736kAustralia
2022
PRODUCT COMPLEXITY IN Iron Sheet Piling0.13Rnk 511 / 1025
2022
Imports $439MWorld Rnk 1 / 210
Flag Rnk 82 / 1201
2022
Origin $159M China
2021 - 2022
FASTEST GROWING ORIGIN $159MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $1.95M in Iron Sheet Piling, making it the 50th largest exporter of Iron Sheet Piling in the world. At the same year, Iron Sheet Piling was the 532nd most exported product in Philippines. The main destination of Iron Sheet Piling exports from Philippines are: Australia ($1.57M), Thailand ($227k), United Arab Emirates ($65k), United States ($60.8k), and Kuwait ($10.7k).

The fastest growing export markets for Iron Sheet Piling of Philippines between 2021 and 2022 were Australia ($736k), Thailand ($227k), and United Arab Emirates ($65k).

Imports In 2022, Philippines imported $439M in Iron Sheet Piling, becoming the 1st largest importer of Iron Sheet Piling in the world. At the same year, Iron Sheet Piling was the 82nd most imported product in Philippines. Philippines imports Iron Sheet Piling primarily from: China ($417M), Japan ($11.5M), South Korea ($6.35M), Thailand ($3.32M), and Singapore ($379k).

The fastest growing import markets in Iron Sheet Piling for Philippines between 2021 and 2022 were China ($159M), Japan ($5.5M), and Singapore ($358k).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Iron Sheet Piling exports accounted up to $1.79k and imports accounted up to $230k, resulting in a negative trade balance of $228k. Between March 2022 and June 2024 the exports of Philippines'   Iron Sheet Piling have decreased by $-654k (-99.7%) from $656k to $1.79k, while imports decreased by $-24M (-99.1%) from $24.3M to $230k.

Destinations In June 2024, Iron Sheet Piling were exported mostly to Japan ($1.23k) and Vietnam ($557), and were imported mostly from Singapore ($132k), Hong Kong ($38.2k), Chinese Taipei ($27.3k), South Korea ($9.92k), and Finland ($8.06k).

Growth In June 2024, the decrease in Iron Sheet Piling's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the decrease in Iron Sheet Piling's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2022 - June 2024)$-654k(-99.7%)
IMPORT GROWTH (June 2023 - June 2024)$-24M(-99.1%)
MAIN DESTINATION (June 2024)Japan$1.23k

This section shows Iron Sheet Piling'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 Iron Sheet Piling over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.95M
IMPORTS (2022)$439M
NET TRADE (2022)-$438M

In 2022, Philippines exported $1.95M in Iron Sheet Piling. The main destinations of Philippines exports on Iron Sheet Piling were Australia ($1.57M), Thailand ($227k), United Arab Emirates ($65k), United States ($60.8k), and Kuwait ($10.7k).

In 2022, Philippines imported $439M in Iron Sheet Piling, mainly from China ($417M), Japan ($11.5M), South Korea ($6.35M), Thailand ($3.32M), and Singapore ($379k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Sheet Piling EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Australia$736k (87.9%)
Thailand$227k (1%)
United Arab Emirates$65k (123k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Sheet Piling BY Philippines WERE (2021 - 2022):
Japan-$29.1k (-86.3%)
Hong Kong-$3.69k (-100%)
China-$246 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Iron Sheet Piling were:
China $835M
Luxembourg $547M
United Arab Emirates $133M
In 2022, Philippines's main importing competitors in Iron Sheet Piling were:
Netherlands $206M
Germany $199M

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Trade Value of Iron Sheet Piling by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $2.19k
TOP IMPORT POTENTIALThailand+ $901k

Iron Sheet Piling’s highest export potential is Netherlands. With an export gap of $2.19k.   Iron Sheet Piling’s highest import potential is Thailand with an import gap of $901k.

See methodology.

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