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2023
Exports $733kWorld Rnk 53 / 162
Flag Rnk 609 / 1123
2023
Destination $3.06k Vietnam
2022 - 2023
FASTEST GROWING MARKET $3.06kChile
2023
PRODUCT COMPLEXITY IN Carbon-based Electronics0.41Rnk 406 / 1025
2023
Imports $23.9MWorld Rnk 42 / 212
Flag Rnk 487 / 1202
2023
Origin $126k Japan
2022 - 2023
FASTEST GROWING ORIGIN $126kChinese Taipei
2023
ECONOMIC COMPLEXITY of Philippines0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $733k in Carbon-based Electronics, making it the 53rd largest exporter of Carbon-based Electronics in the world. At the same year, Carbon-based Electronics was the 609th most exported product in Philippines. The main destination of Carbon-based Electronics exports from Philippines are: Vietnam ($335k), Japan ($325k), China ($49.2k), Thailand ($5.54k), and Indonesia ($4.9k).

The fastest growing export markets for Carbon-based Electronics of Philippines between 2022 and 2023 were Chile ($3.06k), Thailand ($2.78k), and Hungary ($543).

Imports In 2023, Philippines imported $23.9M in Carbon-based Electronics, becoming the 42nd largest importer of Carbon-based Electronics in the world. At the same year, Carbon-based Electronics was the 487th most imported product in Philippines. Philippines imports Carbon-based Electronics primarily from: Japan ($15.7M), China ($5.78M), Chinese Taipei ($377k), Thailand ($314k), and Malaysia ($295k).

The fastest growing import markets in Carbon-based Electronics for Philippines between 2022 and 2023 were Chinese Taipei ($126k), France ($38.7k), and Germany ($19.8k).

Latest Trends

July 2024

About

Overview In July 2024 Philippines' Carbon-based Electronics exports accounted up to $66.9k and imports accounted up to $2.11M, resulting in a negative trade balance of $2.04M. Between July 2023 and July 2024 the exports of Philippines'   Carbon-based Electronics have increased by $13.9k (26.3%) from $52.9k to $66.9k, while imports decreased by $-304k (-12.6%) from $2.41M to $2.11M.

Destinations In July 2024, Carbon-based Electronics were exported mostly to Japan ($38.1k) and Vietnam ($28.8k), and were imported mostly from Japan ($1.57M), China ($317k), Thailand ($40.8k), Netherlands ($35.6k), and United States ($22.7k).

Growth In July 2024, the increase in Carbon-based Electronics's year-by-year exports was explained primarily by an increase in exports to Japan ($16.9k or 32.2%). In July 2024, the decrease in Carbon-based Electronics's year-by-year imports was explained primarily by a decrease in imports from China ($-1.56M or -88.4%), Japan ($-594k or -38.9%), and Singapore ($-81.8k or -90.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$13.9k(26.3%)
IMPORT GROWTH (July 2023 - July 2024)$-304k(-12.6%)
MAIN DESTINATION (July 2024)Japan$38.1k

This section shows Carbon-based Electronics'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 Carbon-based Electronics over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$733k
IMPORTS (2023)$23.9M
NET TRADE (2023)-$23.1M

In 2023, Philippines exported $733k in Carbon-based Electronics. The main destinations of Philippines exports on Carbon-based Electronics were Vietnam ($335k), Japan ($325k), China ($49.2k), Thailand ($5.54k), and Indonesia ($4.9k).

In 2023, Philippines imported $23.9M in Carbon-based Electronics, mainly from Japan ($15.7M), China ($5.78M), Chinese Taipei ($377k), Thailand ($314k), and Malaysia ($295k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Carbon-based Electronics EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
Chile$3.06k (1%)
Thailand$2.78k (101%)
Hungary$543 (17.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carbon-based Electronics BY Philippines WERE (2022 - 2023):
Vietnam-$822k (-71%)
Japan-$150k (-31.5%)
China-$131k (-72.6%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Philippines's main exporting competitors in Carbon-based Electronics were:
China $2.91B
Japan $466M
Spain $326M
In 2023, Philippines's main importing competitors in Carbon-based Electronics were:
Iceland $638M
Canada $545M
United States $535M

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Trade Value of Carbon-based Electronics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $256k
TOP IMPORT POTENTIALChina+ $4.46M

Carbon-based Electronics’s highest export potential is China. With an export gap of $256k.   Carbon-based Electronics’s highest import potential is China with an import gap of $4.46M.

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