Blank Audio Media in Philippines

EXPORTS (2018): $1.05B, World Rnk 14 / 172
Flag Rnk 13 / 1084

TOP DESTINATION (2018): $288M, United States

FASTEST GROWING MARKET (2017 - 2018): $165M, United States

IMPORTS (2018): $748M, World Rnk 15 / 209
Flag Rnk 27 / 1201

TOP ORIGIN (2018): $293M, Japan

FASTEST GROWING ORIGIN (2017 - 2018): $215M, Singapore

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

Overview: This page contains the latest trade data of Blank Audio Media in Philippines.

Exports: In 2018, Philippines exported $1.05B in Blank Audio Media, making it the 14th largest exporter of Blank Audio Media in the world. At the same year, Blank Audio Media was the 13th most exported product in Philippines. The main destination of Blank Audio Media exports from Philippines are: United States ($288M), Poland ($199M), Hong Kong ($169M), Singapore ($73.5M), and Slovakia ($42.5M).

The fastest growing export markets for Blank Audio Media of Philippines between 2017 and 2018 were United States ($165M), Poland ($115M), and Hong Kong ($95.5M).

Imports: In 2018, Philippines imported $748M in Blank Audio Media, becoming the 15th largest importer of Blank Audio Media in the world. At the same year, Blank Audio Media was the 27th most imported product in Philippines. Philippines imports Blank Audio Media primarily from: Japan ($293M), Singapore ($253M), South Korea ($89.6M), Hong Kong ($72.8M), and China ($16.9M).

The fastest growing import markets in Blank Audio Media for Philippines between 2017 and 2018 were Singapore ($215M), Hong Kong ($64.8M), and South Korea ($62.7M).

Tariffs: In 2018, the average tariff for Philippines in Blank Audio Media was 0.83%. The countries with the highest import tariffs for Blank Audio Media were Angola (0.88%), Burundi (0.88%), Benin (0.88%), Burkina Faso (0.88%), and Botswana (0.88%).

Overview: In July 2020 Philippines' Blank Audio Media exports accounted up to $774k and imports accounted up to $16.4M, resulting in a negative trade balance of $15.6M. Between July 2019 and July 2020 the exports of Philippines'   Blank Audio Media have decreased by $-485k (-38.5%) from $1.26M to $774k, while imports decreased by $-39.2M (-70.5%) from $55.6M to $16.4M.

Destinations: In July 2020 Blank Audio Media exported mostly to Japan ($234k), China ($226k), United States ($206k), Germany ($61.5k), and Chinese Taipei ($32.3k), and imported mostly from Singapore ($9.58M), Japan ($3.35M), China ($1.92M), Hong Kong ($370k), and United States ($252k).

Growth: In July 2020, the decrease in Blank Audio Media's year-by-year exports was explained primarily by a decrease in exports to United States ($-595k or -74.3%), Hong Kong ($-22.8k or -98.7%), and Portugal ($-4.64k or -89.9%). In July 2020, the decrease in Blank Audio Media's year-by-year imports was explained primarily by a decrease in imports from Singapore ($-21.7M or -69.3%), Japan ($-14.1M or -80.8%), and China ($-1.62M or -45.7%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (July 2019 - July 2020): $-485k, (-38.5%)

IMPORT GROWTH (July 2019 - July 2020): $-39.2M, (-70.5%)

MAIN DESTINATION (July 2020): Japan, $234k

This section shows Blank Audio Media'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 Blank Audio Media over time.

Value

EXPORTS (2018): $1.05B

IMPORTS (2018): $748M

NET TRADE (2018): $299M

In 2018, Philippines exported $1.05B in Blank Audio Media. The main destinations of Philippines exports on Blank Audio Media were United States ($288M), Poland ($199M), Hong Kong ($169M), Singapore ($73.5M), and Slovakia ($42.5M).

In 2018, Philippines imported $748M in Blank Audio Media, mainly from Japan ($293M), Singapore ($253M), South Korea ($89.6M), Hong Kong ($72.8M), and China ($16.9M).

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IN 2018, Philippines HAD A POSITIVE NET TRADE IN Blank Audio Media WITH:

  • United States, $285M ($288M - $3.08M)
  • Poland, $199M ($199M - $1.57k)
  • Hong Kong, $95.8M ($169M - $72.8M)

IN 2018, Philippines HAD A NEGATIVE NET TRADE IN Blank Audio Media WITH:

  • Japan, -$280M ($13.1M - $293M)
  • Singapore, -$179M ($73.5M - $253M)
  • South Korea, -$53.9M ($35.7M - $89.6M)
Flow

THE FASTEST GROWING Blank Audio Media EXPORT MARKETS FOR Philippines WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Blank Audio Media 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 Blank Audio Media were:

In 2018, Philippines's main importing competitors in Blank Audio Media were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Blank Audio Media 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 average tariff for Philippines in Blank Audio Media was 0.83%.

The countries with the highest tariffs for Blank Audio Media in Philippines were Angola (0.88%), Burundi (0.88%), Benin (0.88%), Burkina Faso (0.88%), and Botswana (0.88%).

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