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2022
Exports $358MWorld Rnk 30 / 220
Flag Rnk 41 / 1127
2022
Destination $52.1M Japan
2021 - 2022
FASTEST GROWING MARKET $52.1MJapan
2022
PRODUCT COMPLEXITY IN Air Pumps1.38Rnk 73 / 1025
2022
Imports $600MWorld Rnk 36 / 226
Flag Rnk 57 / 1201
2022
Origin $153M China
2021 - 2022
FASTEST GROWING ORIGIN $153MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

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 2023, leading companies such as Motorola (2) were at the forefront of shipping Air Pumps from Philippines to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Philippines' Air Pumps exports accounted up to $25.4M and imports accounted up to $33M, resulting in a negative trade balance of $7.58M. Between October 2023 and October 2024 the exports of Philippines'   Air Pumps have decreased by $-1.54M (-5.72%) from $26.9M to $25.4M, while imports increased by $4.17M (14.5%) from $28.8M to $33M.

Destinations In October 2024, Air Pumps were exported mostly to United States ($6.2M), Japan ($5.11M), China ($3.26M), Mexico ($1.5M), and Malaysia ($1.32M), and were imported mostly from China ($18.4M), Japan ($3.48M), Chinese Taipei ($1.25M), Germany ($1.2M), and Thailand ($1.09M).

Growth In October 2024, the decrease in Air Pumps's year-by-year exports was explained primarily by a decrease in exports to China ($-172k or -3.75%), Chinese Taipei ($-96.7k or -5.57%), and Hong Kong ($-66.2k or -12.2%). In October 2024, the increase in Air Pumps's year-by-year imports was explained primarily by an increase in imports from Japan ($4.63M or 298%), United States ($1.11M or 232%), and China ($623k or 4.44%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-1.54M(-5.72%)
IMPORT GROWTH (October 2023 - October 2024)$4.17M(14.5%)
MAIN DESTINATION (October 2024)United States$6.2M

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
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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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Air Pumps EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Japan$52.1M (114%)
United States$10.3M (27.3%)
Chinese Taipei$9.69M (46.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Air Pumps BY Philippines WERE (2021 - 2022):
China-$73.5M (-62.2%)
Singapore-$4.62M (-44.8%)
Netherlands-$2.29M (-16.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Air Pumps were:
China $26.1B
Germany $10.3B
United States $6.92B
In 2022, Philippines's main importing competitors in Air Pumps were:
United States $15.5B
Germany $5.83B
China $5.48B

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Trade Value of Air Pumps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $78.6M
TOP IMPORT POTENTIALChina+ $65.5M

Air Pumps’s highest export potential is China. With an export gap of $78.6M.   Air Pumps’s highest import potential is China with an import gap of $65.5M.

See methodology.

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