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2022
Exports $657MWorld Rnk 11 / 204
Flag Rnk 24 / 1127
2022
Destination $103M Vietnam
2021 - 2022
FASTEST GROWING MARKET $103MVietnam
2022
PRODUCT COMPLEXITY IN Broadcasting Accessories0.61Rnk 315 / 1025
2022
Imports $629MWorld Rnk 23 / 223
Flag Rnk 53 / 1201
2022
Origin $62M China
2021 - 2022
FASTEST GROWING ORIGIN $62MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $657M in Broadcasting Accessories, making it the 11th largest exporter of Broadcasting Accessories in the world. At the same year, Broadcasting Accessories was the 24th most exported product in Philippines. The main destination of Broadcasting Accessories exports from Philippines are: Vietnam ($295M), China ($74.7M), Mexico ($49.8M), United States ($49.6M), and South Korea ($47.3M).

The fastest growing export markets for Broadcasting Accessories of Philippines between 2021 and 2022 were Vietnam ($103M), South Korea ($16M), and United States ($14.6M).

Imports In 2022, Philippines imported $629M in Broadcasting Accessories, becoming the 23rd largest importer of Broadcasting Accessories in the world. At the same year, Broadcasting Accessories was the 53rd most imported product in Philippines. Philippines imports Broadcasting Accessories primarily from: China ($434M), Japan ($99.8M), Hong Kong ($40.9M), Malaysia ($9.18M), and Singapore ($8.32M).

The fastest growing import markets in Broadcasting Accessories for Philippines between 2021 and 2022 were China ($62M), Hong Kong ($6.46M), and Singapore ($5.19M).

COMPANIES In 2023, leading companies such as Panasonic (35) were at the forefront of shipping Broadcasting Accessories from Philippines to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Philippines' Broadcasting Accessories exports accounted up to $25.1M and imports accounted up to $37.1M, resulting in a negative trade balance of $11.9M. Between October 2023 and October 2024 the exports of Philippines'   Broadcasting Accessories have increased by $1.43M (6.03%) from $23.7M to $25.1M, while imports increased by $8.16M (28.2%) from $28.9M to $37.1M.

Destinations In October 2024, Broadcasting Accessories were exported mostly to China ($7.34M), United States ($7.07M), Japan ($3.54M), Indonesia ($1.46M), and Chinese Taipei ($821k), and were imported mostly from China ($27.7M), Japan ($5.67M), Vietnam ($1.06M), Malaysia ($919k), and Hong Kong ($443k).

Growth In October 2024, the increase in Broadcasting Accessories's year-by-year exports was explained primarily by an increase in exports to United States ($6.76M or 460%), Thailand ($1.95M or 438%), and Hong Kong ($1.6M or 505%). In October 2024, the increase in Broadcasting Accessories's year-by-year imports was explained primarily by an increase in imports from China ($4.46M or 27.3%), Hong Kong ($1.17M or 56%), and Singapore ($1.1M or 883%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$1.43M(6.03%)
IMPORT GROWTH (October 2023 - October 2024)$8.16M(28.2%)
MAIN DESTINATION (October 2024)China$7.34M

This section shows Broadcasting 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 Broadcasting Accessories over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$657M
IMPORTS (2022)$629M
NET TRADE (2022)$28.3M

In 2022, Philippines exported $657M in Broadcasting Accessories. The main destinations of Philippines exports on Broadcasting Accessories were Vietnam ($295M), China ($74.7M), Mexico ($49.8M), United States ($49.6M), and South Korea ($47.3M).

In 2022, Philippines imported $629M in Broadcasting Accessories, mainly from China ($434M), Japan ($99.8M), Hong Kong ($40.9M), Malaysia ($9.18M), and Singapore ($8.32M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Broadcasting Accessories EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Vietnam$103M (53.3%)
South Korea$16M (51%)
United States$14.6M (41.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Broadcasting Accessories BY Philippines WERE (2021 - 2022):
Japan-$44.9M (-52.8%)
Germany-$19.4M (-89%)
Chinese Taipei-$5.83M (-53.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Broadcasting Accessories were:
China $19.5B
South Korea $6.94B
Chinese Taipei $4.71B
In 2022, Philippines's main importing competitors in Broadcasting Accessories were:
China $9.83B
Vietnam $4.23B
United States $3.56B

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Trade Value of Broadcasting Accessories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $137M
TOP IMPORT POTENTIALChina+ $60M

Broadcasting Accessories’s highest export potential is China. With an export gap of $137M.   Broadcasting Accessories’s highest import potential is China with an import gap of $60M.

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