Microphones and Headphones in Philippines | The Observatory of Economic Complexity

About

Exports In 2022, Philippines exported $173M in Microphones and Headphones, making it the 31st largest exporter of Microphones and Headphones in the world. At the same year, Microphones and Headphones was the 69th most exported product in Philippines. The main destination of Microphones and Headphones exports from Philippines are: Malaysia ($30.6M), United States ($27.8M), China ($24M), Japan ($20.4M), and Germany ($18.6M).

The fastest growing export markets for Microphones and Headphones of Philippines between 2021 and 2022 were United Kingdom ($2.08M), Vietnam ($1.92M), and Malaysia ($1.25M).

Imports In 2022, Philippines imported $422M in Microphones and Headphones, becoming the 31st largest importer of Microphones and Headphones in the world. At the same year, Microphones and Headphones was the 87th most imported product in Philippines. Philippines imports Microphones and Headphones primarily from: China ($322M), Hong Kong ($28.1M), Vietnam ($21.7M), Singapore ($15.9M), and Malaysia ($10.8M).

The fastest growing import markets in Microphones and Headphones for Philippines between 2021 and 2022 were China ($67.2M), Vietnam ($10.6M), and Hong Kong ($6.36M).

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

Latest Trends

August 2021

About

Overview In August 2021 Philippines' Microphones and Headphones exports accounted up to $10.6M and imports accounted up to $15.4M, resulting in a negative trade balance of $4.85M. Between August 2020 and August 2021 the exports of Philippines' Microphones and Headphones have decreased by $-179k (-1.67%) from $10.7M to $10.6M, while imports increased by $2.26M (17.2%) from $13.1M to $15.4M.

Destinations In August 2021, Microphones and Headphones were exported mostly to Malaysia ($7.29M), United States ($1.68M), China ($410k), Japan ($250k), and Germany ($168k), and were imported mostly from China ($7.58M), Hong Kong ($1.89M), Malaysia ($1.35M), United States ($742k), and Thailand ($725k).

Growth In August 2021, the decrease in Microphones and Headphones's year-by-year exports was explained primarily by a decrease in exports to Malaysia ($-1.65M or -25.4%), Vietnam ($-388k or -99.8%), and Japan ($-275k or -35.4%). In August 2021, the increase in Microphones and Headphones's year-by-year imports was explained primarily by an increase in imports from Hong Kong ($639k or 67.1%), Denmark ($437k or 52.6%), and United States ($388k or 42.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2020 - August 2021)$-179k(-1.67%)

IMPORT GROWTH (August 2020 - August 2021)$2.26M(17.2%)

MAIN DESTINATION (August 2021)Malaysia$7.29M

This section shows Microphones and Headphones'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 Microphones and Headphones over time.

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