2023
Exports
$423MWorld Rnk 20 / 209
Flag Rnk 39 / 1123
2023
PRODUCT COMPLEXITY IN Industrial Printers
0.89Rnk 208 / 1025
2023
Imports
$373MWorld Rnk 30 / 222
Flag Rnk 69 / 1202
2023
ECONOMIC COMPLEXITY of Philippines
0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $423M in Industrial Printers, making it the 20th largest exporter of Industrial Printers in the world. At the same year, Industrial Printers was the 39th most exported product in Philippines. The main destination of Industrial Printers exports from Philippines are: United States ($80.4M), Mexico ($64.2M), Japan ($55.7M), China ($47.7M), and Brazil ($27.8M).

The fastest growing export markets for Industrial Printers of Philippines between 2022 and 2023 were France ($8.76M), Germany ($4.85M), and Czechia ($4.56M).

Imports In 2023, Philippines imported $373M in Industrial Printers, becoming the 30th largest importer of Industrial Printers in the world. At the same year, Industrial Printers was the 69th most imported product in Philippines. Philippines imports Industrial Printers primarily from: Japan ($111M), China ($98.9M), Indonesia ($54.6M), Hong Kong ($22.8M), and Vietnam ($21M).

The fastest growing import markets in Industrial Printers for Philippines between 2022 and 2023 were South Korea ($4.46M), Burma ($3.09M), and China ($2.72M).

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$53.1M(50%)
IMPORT GROWTH (July 2023 - July 2024)$2.54M(6.39%)
MAIN DESTINATION (July 2024)United States$41.3M

This section shows Industrial Printers'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 Industrial Printers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$423M
IMPORTS (2023)$373M
NET TRADE (2023)$49.4M

In 2023, Philippines exported $423M in Industrial Printers. The main destinations of Philippines exports on Industrial Printers were United States ($80.4M), Mexico ($64.2M), Japan ($55.7M), China ($47.7M), and Brazil ($27.8M).

In 2023, Philippines imported $373M in Industrial Printers, mainly from Japan ($111M), China ($98.9M), Indonesia ($54.6M), Hong Kong ($22.8M), and Vietnam ($21M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Industrial Printers EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
France$8.76M (52.4%)
Germany$4.85M (29.5%)
Czechia$4.56M (31.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Printers BY Philippines WERE (2022 - 2023):
China-$29.2M (-38%)
United States-$16.8M (-17.2%)
Hong Kong-$8.59M (-39%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Philippines's main exporting competitors in Industrial Printers were:
Japan $10.3B
China $10.1B
Germany $5.03B
In 2023, Philippines's main importing competitors in Industrial Printers were:

Explore Visualizations

Trade Value of Industrial Printers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $202M
TOP IMPORT POTENTIALChina+ $92.5M

Industrial Printers’s highest export potential is China. With an export gap of $202M.   Industrial Printers’s highest import potential is China with an import gap of $92.5M.

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