2022
Exports
$1.75MWorld Rnk 71 / 178
Flag Rnk 544 / 1127
2022
PRODUCT COMPLEXITY IN Gravel and Crushed Stone
-0.31Rnk 651 / 1025
2022
Imports
$1.81MWorld Rnk 82 / 207
Flag Rnk 955 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $1.75M in Gravel and Crushed Stone, making it the 71st largest exporter of Gravel and Crushed Stone in the world. At the same year, Gravel and Crushed Stone was the 544th most exported product in Philippines. The main destination of Gravel and Crushed Stone exports from Philippines are: Japan ($720k), South Korea ($512k), Malaysia ($168k), Chinese Taipei ($158k), and United States ($78.4k).

The fastest growing export markets for Gravel and Crushed Stone of Philippines between 2021 and 2022 were Thailand ($8.48k), India ($7.9k), and China ($2.88k).

Imports In 2022, Philippines imported $1.81M in Gravel and Crushed Stone, becoming the 82nd largest importer of Gravel and Crushed Stone in the world. At the same year, Gravel and Crushed Stone was the 955th most imported product in Philippines. Philippines imports Gravel and Crushed Stone primarily from: China ($801k), Vietnam ($703k), Austria ($125k), Turkey ($77k), and Germany ($40.7k).

The fastest growing import markets in Gravel and Crushed Stone for Philippines between 2021 and 2022 were China ($664k), Vietnam ($319k), and Australia ($17.7k).

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$207k(303%)
IMPORT GROWTH (June 2023 - August 2024)$31(0.21%)
MAIN DESTINATION (August 2024)Marshall Islands$249k

This section shows Gravel and Crushed Stone'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 Gravel and Crushed Stone over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.75M
IMPORTS (2022)$1.81M
NET TRADE (2022)-$62.5k

In 2022, Philippines exported $1.75M in Gravel and Crushed Stone. The main destinations of Philippines exports on Gravel and Crushed Stone were Japan ($720k), South Korea ($512k), Malaysia ($168k), Chinese Taipei ($158k), and United States ($78.4k).

In 2022, Philippines imported $1.81M in Gravel and Crushed Stone, mainly from China ($801k), Vietnam ($703k), Austria ($125k), Turkey ($77k), and Germany ($40.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gravel and Crushed Stone EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Thailand$8.48k (93.3%)
India$7.9k (187%)
China$2.88k (90.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gravel and Crushed Stone BY Philippines WERE (2021 - 2022):
Japan-$1.03M (-58.9%)
United States-$341k (-81.3%)
Chinese Taipei-$325k (-67.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Gravel and Crushed Stone were:
In 2022, Philippines's main importing competitors in Gravel and Crushed Stone were:

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Trade Value of Gravel and Crushed Stone by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $288k
TOP IMPORT POTENTIALChina+ $363k

Gravel and Crushed Stone’s highest export potential is United States. With an export gap of $288k.   Gravel and Crushed Stone’s highest import potential is China with an import gap of $363k.

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