2022
Exports
$22.9MWorld Rnk 14 / 133
Flag Rnk 243 / 1127
2022
PRODUCT COMPLEXITY IN Audio and Video Recording Accessories
0.98Rnk 178 / 1025
2022
Imports
$32.6MWorld Rnk 12 / 199
Flag Rnk 477 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $22.9M in Audio and Video Recording Accessories, making it the 14th largest exporter of Audio and Video Recording Accessories in the world. At the same year, Audio and Video Recording Accessories was the 243rd most exported product in Philippines. The main destination of Audio and Video Recording Accessories exports from Philippines are: Japan ($13.2M), Thailand ($4.04M), Netherlands ($3.61M), China ($777k), and Hong Kong ($506k).

The fastest growing export markets for Audio and Video Recording Accessories of Philippines between 2021 and 2022 were Netherlands ($2.98M), Thailand ($885k), and Germany ($416k).

Imports In 2022, Philippines imported $32.6M in Audio and Video Recording Accessories, becoming the 12th largest importer of Audio and Video Recording Accessories in the world. At the same year, Audio and Video Recording Accessories was the 477th most imported product in Philippines. Philippines imports Audio and Video Recording Accessories primarily from: China ($27.1M), Japan ($1.78M), Singapore ($1.06M), Vietnam ($628k), and Hong Kong ($511k).

The fastest growing import markets in Audio and Video Recording Accessories for Philippines between 2021 and 2022 were Malaysia ($294k), Vietnam ($270k), and China ($244k).

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$33.8k(194%)
IMPORT GROWTH (September 2023 - September 2024)$-47.4k(-4.28%)
MAIN DESTINATION (September 2024)Japan$42.8k

This section shows Audio and Video Recording Accessories'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 Audio and Video Recording Accessories over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$22.9M
IMPORTS (2022)$32.6M
NET TRADE (2022)-$9.66M

In 2022, Philippines exported $22.9M in Audio and Video Recording Accessories. The main destinations of Philippines exports on Audio and Video Recording Accessories were Japan ($13.2M), Thailand ($4.04M), Netherlands ($3.61M), China ($777k), and Hong Kong ($506k).

In 2022, Philippines imported $32.6M in Audio and Video Recording Accessories, mainly from China ($27.1M), Japan ($1.78M), Singapore ($1.06M), Vietnam ($628k), and Hong Kong ($511k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Audio and Video Recording Accessories EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Netherlands$2.98M (474%)
Thailand$885k (28%)
Germany$416k (1.45k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Audio and Video Recording Accessories BY Philippines WERE (2021 - 2022):
Japan-$2.58M (-16.4%)
France-$1.07M (-99.2%)
Malaysia-$372k (-65.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Audio and Video Recording Accessories were:
In 2022, Philippines's main importing competitors in Audio and Video Recording Accessories were:

Explore Visualizations

Trade Value of Audio and Video Recording Accessories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.54M
TOP IMPORT POTENTIALJapan+ $481k

Audio and Video Recording Accessories’s highest export potential is China. With an export gap of $1.54M.   Audio and Video Recording Accessories’s highest import potential is Japan with an import gap of $481k.

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