2022
Exports | Imports
$800M | $1.42BWorld Rnk 21 / 110
Flag Rnk 21 / 1127
World Rnk 9 / 117
Flag Rnk 16 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.63Rnk 38 / 124
2022
PRODUCT COMPLEXITY IN Copper Ore
-1.95Rnk 988 / 1025

About

Exports In 2022, Philippines exported $800M in Copper Ore, making it the 21st largest exporter of Copper Ore in the world. At the same year, Copper Ore was the 21st most exported product in Philippines. The main destination of Copper Ore exports from Philippines are: South Korea ($254M), Singapore ($203M), China ($172M), Japan ($171M), and Malaysia ($146k).

The fastest growing export markets for Copper Ore of Philippines between 2021 and 2022 were South Korea ($195M), Singapore ($127M), and China ($23.6M).

Imports In 2022, Philippines imported $1.42B in Copper Ore, becoming the 9th largest importer of Copper Ore in the world. At the same year, Copper Ore was the 16th most imported product in Philippines. Philippines imports Copper Ore primarily from: Australia ($633M), Indonesia ($412M), Panama ($80.1M), United States ($67.6M), and Peru ($62.1M).

The fastest growing import markets in Copper Ore for Philippines between 2021 and 2022 were Australia ($611M), Indonesia ($161M), and Panama ($58.8M).

COMPANIES In 2020, leading companies such as were at the forefront of shipping Copper Ore from Philippines to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Copper Ore. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$800M
IMPORTS (2022)$1.42B
NET TRADE (2022)-$620M

In 2022, Philippines exported $800M in Copper Ore. The main destinations of Philippines exports on Copper Ore were South Korea ($254M), Singapore ($203M), China ($172M), Japan ($171M), and Malaysia ($146k).

In 2022, Philippines imported $1.42B in Copper Ore, mainly from Australia ($633M), Indonesia ($412M), Panama ($80.1M), United States ($67.6M), and Peru ($62.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Ore EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
South Korea$195M (326%)
Singapore$127M (168%)
China$23.6M (15.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Ore BY Philippines WERE (2021 - 2022):
Japan-$10.5M (-5.78%)
Thailand-$226k (-100%)
Indonesia-$170k (-79%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Copper Ore were:
Chile $22.8B
Peru $13.5B
In 2022, Philippines's main importing competitors in Copper Ore were:
China $50.5B
Japan $12.4B

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Trade Value of Copper Ore by Exporters

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