Lighters in Philippines | The Observatory of Economic Complexity

About

Exports In 2022, Philippines exported $25.7M in Lighters, making it the 11th largest exporter of Lighters in the world. At the same year, Lighters was the 234th most exported product in Philippines. The main destination of Lighters exports from Philippines are: United States ($7.59M), Malaysia ($7.41M), Indonesia ($2.88M), Hong Kong ($1.88M), and China ($1.68M).

The fastest growing export markets for Lighters of Philippines between 2021 and 2022 were United States ($7.49M), Sweden ($1.09M), and Finland ($541k).

Imports In 2022, Philippines imported $11.7M in Lighters, becoming the 41st largest importer of Lighters in the world. At the same year, Lighters was the 688th most imported product in Philippines. Philippines imports Lighters primarily from: China ($7.54M), Netherlands ($2.04M), Hong Kong ($973k), United States ($550k), and Singapore ($212k).

The fastest growing import markets in Lighters for Philippines between 2021 and 2022 were China ($2.66M), Hong Kong ($915k), and United States ($510k).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Lighters exports accounted up to $1.08M and imports accounted up to $105k, resulting in a positive trade balance of $974k. Between June 2023 and June 2024 the exports of Philippines' Lighters have decreased by $-342k (-24.1%) from $1.42M to $1.08M, while imports decreased by $-628k (-85.7%) from $732k to $105k.

Destinations In June 2024, Lighters were exported mostly to Malaysia ($529k), Indonesia ($408k), and Chinese Taipei ($142k), and were imported mostly from Singapore ($51.3k), Netherlands ($37.5k), Vietnam ($7.8k), Mexico ($3.46k), and South Korea ($1.95k).

Growth In June 2024, the decrease in Lighters's year-by-year exports was explained primarily by a decrease in exports to Malaysia ($-408k or -65.6%). In June 2024, the decrease in Lighters's year-by-year imports was explained primarily by a decrease in imports from China ($-229k or -38.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)$-342k(-24.1%)

IMPORT GROWTH (June 2023 - June 2024)$-628k(-85.7%)

MAIN DESTINATION (June 2024)Malaysia$529k

This section shows Lighters'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 Lighters over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$25.7M

IMPORTS (2022)$11.7M

NET TRADE (2022)$14M

In 2022, Philippines exported $25.7M in Lighters. The main destinations of Philippines exports on Lighters were United States ($7.59M), Malaysia ($7.41M), Indonesia ($2.88M), Hong Kong ($1.88M), and China ($1.68M).

In 2022, Philippines imported $11.7M in Lighters, mainly from China ($7.54M), Netherlands ($2.04M), Hong Kong ($973k), United States ($550k), and Singapore ($212k).

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