2022
Exports | Imports
$255M | $358MWorld Rnk 41 / 224
Flag Rnk 47 / 1127
World Rnk 52 / 225
Flag Rnk 99 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.63Rnk 38 / 124
2022
PRODUCT COMPLEXITY IN Medical Instruments
0.81Rnk 242 / 1025

About

Exports In 2022, Philippines exported $255M in Medical Instruments, making it the 41st largest exporter of Medical Instruments in the world. At the same year, Medical Instruments was the 47th most exported product in Philippines. The main destination of Medical Instruments exports from Philippines are: Japan ($85.6M), United States ($61.7M), South Korea ($14.3M), Indonesia ($10.7M), and Thailand ($10.4M).

The fastest growing export markets for Medical Instruments of Philippines between 2021 and 2022 were United States ($21.7M), Hong Kong ($6.15M), and South Korea ($4.17M).

Imports In 2022, Philippines imported $358M in Medical Instruments, becoming the 52nd largest importer of Medical Instruments in the world. At the same year, Medical Instruments was the 99th most imported product in Philippines. Philippines imports Medical Instruments primarily from: China ($82.7M), Singapore ($43.2M), United States ($32M), Japan ($31M), and Germany ($26M).

The fastest growing import markets in Medical Instruments for Philippines between 2021 and 2022 were Netherlands ($9.8M), Italy ($7.25M), and South Korea ($7.09M).

COMPANIES In 2020, leading companies such as were at the forefront of shipping Medical Instruments from Philippines to the United States.

Latest Trends

August 2021

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2020 - August 2021)$7.08M(48.1%)
IMPORT GROWTH (August 2020 - August 2021)$3.62M(21.7%)
MAIN DESTINATION (August 2021)Japan$10.4M

This section shows Medical Instruments'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 Medical Instruments over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$255M
IMPORTS (2022)$358M
NET TRADE (2022)-$103M

In 2022, Philippines exported $255M in Medical Instruments. The main destinations of Philippines exports on Medical Instruments were Japan ($85.6M), United States ($61.7M), South Korea ($14.3M), Indonesia ($10.7M), and Thailand ($10.4M).

In 2022, Philippines imported $358M in Medical Instruments, mainly from China ($82.7M), Singapore ($43.2M), United States ($32M), Japan ($31M), and Germany ($26M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Medical Instruments EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United States$21.7M (54.1%)
Hong Kong$6.15M (159%)
South Korea$4.17M (41.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Medical Instruments BY Philippines WERE (2021 - 2022):
India-$2.97M (-75.9%)
Malaysia-$2.53M (-43.4%)
Germany-$2.23M (-32.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Medical Instruments were:
In 2022, Philippines's main importing competitors in Medical Instruments were:

Explore Visualizations

Trade Value of Medical Instruments by Exporters

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with