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2023
Exports $1.25BWorld Rnk 10 / 215
Flag Rnk 12 / 1123
2023
Destination $370M United States
2022 - 2023
FASTEST GROWING MARKET $370MUnited States
2023
PRODUCT COMPLEXITY IN Blank Audio Media1.56Rnk 35 / 1025
2023
Imports $193MWorld Rnk 30 / 224
Flag Rnk 134 / 1202
2023
Origin $9M Singapore
2022 - 2023
FASTEST GROWING ORIGIN $9MHong Kong
2023
ECONOMIC COMPLEXITY of Philippines0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $1.25B in Blank Audio Media, making it the 10th largest exporter of Blank Audio Media in the world. At the same year, Blank Audio Media was the 12th most exported product in Philippines. The main destination of Blank Audio Media exports from Philippines are: United States ($448M), Mexico ($340M), Hong Kong ($89.9M), China ($66.2M), and Chinese Taipei ($58.9M).

The fastest growing export markets for Blank Audio Media of Philippines between 2022 and 2023 were United States ($370M), Chinese Taipei ($57.4M), and China ($29M).

Imports In 2023, Philippines imported $193M in Blank Audio Media, becoming the 30th largest importer of Blank Audio Media in the world. At the same year, Blank Audio Media was the 134th most imported product in Philippines. Philippines imports Blank Audio Media primarily from: Singapore ($88.5M), Japan ($32.9M), Hong Kong ($29.7M), United States ($12.3M), and Chinese Taipei ($10.4M).

The fastest growing import markets in Blank Audio Media for Philippines between 2022 and 2023 were Hong Kong ($9M), Chinese Taipei ($4.58M), and United States ($4M).

COMPANIES In 2023, leading companies such as Panasonic (1) were at the forefront of shipping Blank Audio Media from Philippines to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Philippines' Blank Audio Media exports accounted up to $54.7M and imports accounted up to $56.2M, resulting in a negative trade balance of $1.45M. Between July 2023 and July 2024 the exports of Philippines'   Blank Audio Media have increased by $44.1M (415%) from $10.6M to $54.7M, while imports increased by $32M (133%) from $24.1M to $56.2M.

Destinations In July 2024, Blank Audio Media were exported mostly to United States ($18.2M), Czechia ($14.6M), Hong Kong ($12.5M), Singapore ($3.13M), and Poland ($1.87M), and were imported mostly from Singapore ($43.8M), China ($4.6M), Japan ($1.9M), United States ($1.79M), and Hong Kong ($1.22M).

Growth In July 2024, the increase in Blank Audio Media's year-by-year exports was explained primarily by an increase in exports to Hong Kong ($5.01M or 1.63k%), Singapore ($2.37M or 594%), and United States ($1.78M or 35.8%). In July 2024, the increase in Blank Audio Media's year-by-year imports was explained primarily by an increase in imports from Hong Kong ($1.5M or 98.4%), United States ($1.24M or 795%), and Thailand ($648k or 6.19k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$44.1M(415%)
IMPORT GROWTH (July 2023 - July 2024)$32M(133%)
MAIN DESTINATION (July 2024)United States$18.2M

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.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.25B
IMPORTS (2023)$193M
NET TRADE (2023)$1.05B

In 2023, Philippines exported $1.25B in Blank Audio Media. The main destinations of Philippines exports on Blank Audio Media were United States ($448M), Mexico ($340M), Hong Kong ($89.9M), China ($66.2M), and Chinese Taipei ($58.9M).

In 2023, Philippines imported $193M in Blank Audio Media, mainly from Singapore ($88.5M), Japan ($32.9M), Hong Kong ($29.7M), United States ($12.3M), and Chinese Taipei ($10.4M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Blank Audio Media EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
United States$370M (475%)
Chinese Taipei$57.4M (3.76k%)
China$29M (77.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Blank Audio Media BY Philippines WERE (2022 - 2023):
Mexico-$142M (-29.4%)
Poland-$51.5M (-73.4%)
Malaysia-$48.2M (-53.9%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Philippines's main exporting competitors in Blank Audio Media were:
China $6.83B
Chinese Taipei $6.21B
South Korea $5.59B
In 2023, Philippines's main importing competitors in Blank Audio Media were:
United States $11B
China $5.02B
Hong Kong $4.52B

Explore Visualizations

Trade Value of Blank Audio Media by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $75.9M
TOP IMPORT POTENTIALSouth Korea+ $38.2M

Blank Audio Media’s highest export potential is China. With an export gap of $75.9M.   Blank Audio Media’s highest import potential is South Korea with an import gap of $38.2M.

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