Air Pumps in Philippines | The Observatory of Economic Complexity

About

Exports In 2022, Philippines exported $358M in Air Pumps, making it the 30th largest exporter of Air Pumps in the world. At the same year, Air Pumps was the 41st most exported product in Philippines. The main destination of Air Pumps exports from Philippines are: Japan ($98M), United States ($47.9M), China ($44.6M), Chinese Taipei ($30.6M), and Hong Kong ($16.4M).

The fastest growing export markets for Air Pumps of Philippines between 2021 and 2022 were Japan ($52.1M), United States ($10.3M), and Chinese Taipei ($9.69M).

Imports In 2022, Philippines imported $600M in Air Pumps, becoming the 36th largest importer of Air Pumps in the world. At the same year, Air Pumps was the 57th most imported product in Philippines. Philippines imports Air Pumps primarily from: China ($413M), Japan ($31.7M), Hong Kong ($22.7M), Chinese Taipei ($20.2M), and Singapore ($16.7M).

The fastest growing import markets in Air Pumps for Philippines between 2021 and 2022 were China ($153M), Hong Kong ($5.42M), and Thailand ($4.06M).

COMPANIES In 2022, leading companies such as Cloud Network Technology (6) were at the forefront of shipping Air Pumps from Philippines to the United States.

Latest Trends

December 2022

About

Overview In December 2022 Philippines' Air Pumps exports accounted up to $26.3M and imports accounted up to $26.5M, resulting in a negative trade balance of $166k. Between December 2021 and December 2022 the exports of Philippines' Air Pumps have increased by $10.2M (63.5%) from $16.1M to $26.3M, while imports decreased by $-2.28M (-7.93%) from $28.7M to $26.5M.

Destinations In December 2022, Air Pumps were exported mostly to Japan ($9.46M), United States ($4.32M), China ($4.05M), Mexico ($1.41M), and Chinese Taipei ($1.27M), and were imported mostly from China ($11.4M), Japan ($3.74M), United States ($1.61M), Hong Kong ($1.49M), and Belgium ($1.47M).

Growth In December 2022, the increase in Air Pumps's year-by-year exports was explained primarily by an increase in exports to Chinese Taipei ($889k or 105%), China ($447k or 10.8%), and Malaysia ($429k or 62.5%). In December 2022, the decrease in Air Pumps's year-by-year imports was explained primarily by a decrease in imports from Chinese Taipei ($-3.91M or -74%), Japan ($-1.69M or -52.1%), and United States ($-649k or -57.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2021 - December 2022)$10.2M(63.5%)

IMPORT GROWTH (December 2021 - December 2022)$-2.28M(-7.93%)

MAIN DESTINATION (December 2022)Japan$9.46M

This section shows Air Pumps'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 Air Pumps over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$358M

IMPORTS (2022)$600M

NET TRADE (2022)-$242M

In 2022, Philippines exported $358M in Air Pumps. The main destinations of Philippines exports on Air Pumps were Japan ($98M), United States ($47.9M), China ($44.6M), Chinese Taipei ($30.6M), and Hong Kong ($16.4M).

In 2022, Philippines imported $600M in Air Pumps, mainly from China ($413M), Japan ($31.7M), Hong Kong ($22.7M), Chinese Taipei ($20.2M), and Singapore ($16.7M).

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