Metal Lathes in Philippines

EXPORTS (2018): $53M, World Rnk 18 / 109
Flag Rnk 149 / 1084

TOP DESTINATION (2018): $24.9M, Japan

FASTEST GROWING MARKET (2017 - 2018): $14.7M, Japan

IMPORTS (2018): $28.5M, World Rnk 38 / 186
Flag Rnk 451 / 1201

TOP ORIGIN (2018): $17M, Japan

FASTEST GROWING ORIGIN (2017 - 2018): $3.12M, Japan

ECONOMIC COMPLEXITY of Philippines (2018): 0.5, Rnk 46 / 137

Overview: This page contains the latest trade data of Metal Lathes in Philippines.

Exports: In 2018, Philippines exported $53M in Metal Lathes, making it the 18th largest exporter of Metal Lathes in the world. At the same year, Metal Lathes was the 149th most exported product in Philippines. The main destination of Metal Lathes exports from Philippines are: Japan ($24.9M), United States ($7.7M), Netherlands ($6.07M), China ($4.99M), and Thailand ($2.48M).

The fastest growing export markets for Metal Lathes of Philippines between 2017 and 2018 were Japan ($14.7M), United States ($7.26M), and Thailand ($2.09M).

Imports: In 2018, Philippines imported $28.5M in Metal Lathes, becoming the 38th largest importer of Metal Lathes in the world. At the same year, Metal Lathes was the 451st most imported product in Philippines. Philippines imports Metal Lathes primarily from: Japan ($17M), China ($4.73M), Singapore ($2.79M), Chinese Taipei ($1.47M), and Thailand ($825k).

The fastest growing import markets in Metal Lathes for Philippines between 2017 and 2018 were Japan ($3.12M), Singapore ($2.1M), and China ($1.67M).

Overview: In July 2020 Philippines' Metal Lathes exports accounted up to $640k and imports accounted up to $606k, resulting in a positive trade balance of $34.1k. Between July 2019 and July 2020 the exports of Philippines'   Metal Lathes have increased by $61.5k (10.6%) from $579k to $640k, while imports decreased by $-1.91M (-75.9%) from $2.51M to $606k.

Destinations: In July 2020 Metal Lathes exported mostly to Malaysia ($304k), Netherlands ($165k), United States ($147k), and South Korea ($25k), and imported mostly from Japan ($526k), China ($49.9k), Chinese Taipei ($16.1k), Belgium ($8.18k), and Thailand ($5.42k).

Growth: In July 2020, the increase in Metal Lathes's year-by-year exports was explained primarily by an increase in exports to Malaysia ($160k or 111%) and South Korea ($24k or 2.35k%). In July 2020, the decrease in Metal Lathes's year-by-year imports was explained primarily by a decrease in imports from Japan ($-1.1M or -67.7%), Belgium ($-251k or -96.8%), and Chinese Taipei ($-176k or -91.6%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (July 2019 - July 2020): $61.5k, (10.6%)

IMPORT GROWTH (July 2019 - July 2020): $-1.91M, (-75.9%)

MAIN DESTINATION (July 2020): Malaysia, $304k

This section shows Metal Lathes'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 Metal Lathes over time.

Value

EXPORTS (2018): $53M

IMPORTS (2018): $28.5M

NET TRADE (2018): $24.5M

In 2018, Philippines exported $53M in Metal Lathes. The main destinations of Philippines exports on Metal Lathes were Japan ($24.9M), United States ($7.7M), Netherlands ($6.07M), China ($4.99M), and Thailand ($2.48M).

In 2018, Philippines imported $28.5M in Metal Lathes, mainly from Japan ($17M), China ($4.73M), Singapore ($2.79M), Chinese Taipei ($1.47M), and Thailand ($825k).

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IN 2018, Philippines HAD A POSITIVE NET TRADE IN Metal Lathes WITH:

  • Japan, $7.9M ($24.9M - $17M)
  • United States, $7.37M ($7.7M - $324k)
  • Netherlands, $6.04M ($6.07M - $35.1k)

IN 2018, Philippines HAD A NEGATIVE NET TRADE IN Metal Lathes WITH:

  • Singapore, -$2.79M ($0 - $2.79M)
  • Chinese Taipei, -$755k ($715k - $1.47M)
  • South Korea, -$425k ($16.5k - $441k)
Flow

THE FASTEST GROWING Metal Lathes EXPORT MARKETS FOR Philippines WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Lathes BY Philippines WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Philippines's main exporting competitors in Metal Lathes were:

In 2018, Philippines's main importing competitors in Metal Lathes were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Metal Lathes in Philippines. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the tariffs for Metal Lathes in the imports of Philippines were of 0% around the world.

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