2023
Exports
$87.1MWorld Rnk 18 / 204
Flag Rnk 112 / 1123
2023
PRODUCT COMPLEXITY IN Electric Filament
0.86Rnk 228 / 1025
2023
Imports
$42.9MWorld Rnk 38 / 224
Flag Rnk 370 / 1202
2023
ECONOMIC COMPLEXITY of Philippines
0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $87.1M in Electric Filament, making it the 18th largest exporter of Electric Filament in the world. At the same year, Electric Filament was the 112th most exported product in Philippines. The main destination of Electric Filament exports from Philippines are: United States ($34.2M), China ($14.1M), Germany ($6.38M), Japan ($5.93M), and Netherlands ($3.63M).

The fastest growing export markets for Electric Filament of Philippines between 2022 and 2023 were China ($6.56M), United Kingdom ($1.35M), and India ($1.29M).

Imports In 2023, Philippines imported $42.9M in Electric Filament, becoming the 38th largest importer of Electric Filament in the world. At the same year, Electric Filament was the 370th most imported product in Philippines. Philippines imports Electric Filament primarily from: Japan ($18.4M), China ($16.7M), Hong Kong ($1.48M), United States ($1.39M), and Chinese Taipei ($954k).

The fastest growing import markets in Electric Filament for Philippines between 2022 and 2023 were Chinese Taipei ($323k), United States ($175k), and United Kingdom ($65.4k).

COMPANIES In 2023, leading companies such as Gallo Family Vineyards (3), Puma (3), and Cinmar (1) were at the forefront of shipping Electric Filament from Philippines to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-471k(-8.86%)
IMPORT GROWTH (July 2023 - July 2024)$2.3M(45.6%)
MAIN DESTINATION (July 2024)China$1.27M

This section shows Electric Filament'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 Electric Filament over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$87.1M
IMPORTS (2023)$42.9M
NET TRADE (2023)$44.2M

In 2023, Philippines exported $87.1M in Electric Filament. The main destinations of Philippines exports on Electric Filament were United States ($34.2M), China ($14.1M), Germany ($6.38M), Japan ($5.93M), and Netherlands ($3.63M).

In 2023, Philippines imported $42.9M in Electric Filament, mainly from Japan ($18.4M), China ($16.7M), Hong Kong ($1.48M), United States ($1.39M), and Chinese Taipei ($954k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electric Filament EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
China$6.56M (87.3%)
United Kingdom$1.35M (88.2%)
India$1.29M (96.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Filament BY Philippines WERE (2022 - 2023):
Netherlands-$4.96M (-57.7%)
United States-$3.32M (-8.84%)
Germany-$2.12M (-24.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Philippines's main exporting competitors in Electric Filament were:
China $2.41B
Germany $1.11B
Japan $505M
In 2023, Philippines's main importing competitors in Electric Filament were:

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Trade Value of Electric Filament by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $11.5M
TOP IMPORT POTENTIALChina+ $12M

Electric Filament’s highest export potential is United States. With an export gap of $11.5M.   Electric Filament’s highest import potential is China with an import gap of $12M.

See methodology.

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