2022
Exports
$18.9kWorld Rnk 100 / 152
Flag Rnk 957 / 1127
2022
PRODUCT COMPLEXITY IN Granite
-1.39Rnk 929 / 1025
2022
Imports
$652kWorld Rnk 79 / 197
Flag Rnk 1043 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $18.9k in Granite, making it the 100th largest exporter of Granite in the world. At the same year, Granite was the 957th most exported product in Philippines. The main destination of Granite exports from Philippines are: Czechia ($11.3k), Japan ($6.5k), Luxembourg ($956), Germany ($139), and Finland ($2).

The fastest growing export markets for Granite of Philippines between 2021 and 2022 were Czechia ($6.34k), Japan ($1k), and Luxembourg ($43).

Imports In 2022, Philippines imported $652k in Granite, becoming the 79th largest importer of Granite in the world. At the same year, Granite was the 1043rd most imported product in Philippines. Philippines imports Granite primarily from: South Africa ($486k), India ($102k), China ($30.6k), Japan ($19.1k), and Malaysia ($7.31k).

The fastest growing import markets in Granite for Philippines between 2021 and 2022 were South Africa ($159k), Japan ($18.9k), and India ($9.12k).

Latest Trends

Jul 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 Granite. 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)$18.9k
IMPORTS (2022)$652k
NET TRADE (2022)-$633k

In 2022, Philippines exported $18.9k in Granite. The main destinations of Philippines exports on Granite were Czechia ($11.3k), Japan ($6.5k), Luxembourg ($956), Germany ($139), and Finland ($2).

In 2022, Philippines imported $652k in Granite, mainly from South Africa ($486k), India ($102k), China ($30.6k), Japan ($19.1k), and Malaysia ($7.31k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Granite EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Czechia$6.34k (129%)
Japan$1k (18.2%)
Luxembourg$43 (4.71%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Granite BY Philippines WERE (2021 - 2022):
Germany-$45.5k (-99.7%)
Austria-$16.9k (-100%)
France-$3.49k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Granite were:
In 2022, Philippines's main importing competitors in Granite were:

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Trade Value of Granite by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $3.43k
TOP IMPORT POTENTIALIndia+ $187k

Granite’s highest export potential is Japan. With an export gap of $3.43k.   Granite’s highest import potential is India with an import gap of $187k.

See methodology.

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