2022
Exports
$2.65MWorld Rnk 74 / 193
Flag Rnk 483 / 1127
2022
PRODUCT COMPLEXITY IN Electric Generating Sets
0.31Rnk 443 / 1025
2022
Imports
$227MWorld Rnk 36 / 221
Flag Rnk 148 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $2.65M in Electric Generating Sets, making it the 74th largest exporter of Electric Generating Sets in the world. At the same year, Electric Generating Sets was the 483rd most exported product in Philippines. The main destination of Electric Generating Sets exports from Philippines are: Japan ($627k), China ($457k), Guyana ($440k), Brazil ($321k), and Thailand ($312k).

The fastest growing export markets for Electric Generating Sets of Philippines between 2021 and 2022 were China ($454k), Guyana ($440k), and Japan ($380k).

Imports In 2022, Philippines imported $227M in Electric Generating Sets, becoming the 36th largest importer of Electric Generating Sets in the world. At the same year, Electric Generating Sets was the 148th most imported product in Philippines. Philippines imports Electric Generating Sets primarily from: China ($153M), Vietnam ($12.5M), Japan ($12M), Singapore ($8.68M), and Slovenia ($8.44M).

The fastest growing import markets in Electric Generating Sets for Philippines between 2021 and 2022 were China ($12.9M), Slovenia ($6.95M), and United States ($2.76M).

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-511k(-73%)
IMPORT GROWTH (September 2023 - September 2024)$9.97M(122%)
MAIN DESTINATION (September 2024)Vietnam$70k

This section shows Electric Generating Sets'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 Generating Sets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.65M
IMPORTS (2022)$227M
NET TRADE (2022)-$224M

In 2022, Philippines exported $2.65M in Electric Generating Sets. The main destinations of Philippines exports on Electric Generating Sets were Japan ($627k), China ($457k), Guyana ($440k), Brazil ($321k), and Thailand ($312k).

In 2022, Philippines imported $227M in Electric Generating Sets, mainly from China ($153M), Vietnam ($12.5M), Japan ($12M), Singapore ($8.68M), and Slovenia ($8.44M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Generating Sets EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
China$454k (13.5k%)
Guyana$440k (1%)
Japan$380k (153%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Generating Sets BY Philippines WERE (2021 - 2022):
Australia-$593k (-91.2%)
Brazil-$184k (-36.5%)
Indonesia-$76.8k (-55.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Electric Generating Sets were:
In 2022, Philippines's main importing competitors in Electric Generating Sets were:

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Trade Value of Electric Generating Sets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $147k
TOP IMPORT POTENTIALChina+ $11M

Electric Generating Sets’s highest export potential is United States. With an export gap of $147k.   Electric Generating Sets’s highest import potential is China with an import gap of $11M.

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