2023
Exports
$85.7kWorld Rnk 61 / 86
Flag Rnk 850 / 1123
2023
PRODUCT COMPLEXITY IN Military Weapons
0.28Rnk 470 / 1025
2023
Imports
$11.9MWorld Rnk 25 / 142
Flag Rnk 632 / 1202
2023
ECONOMIC COMPLEXITY of Philippines
0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $85.7k in Military Weapons, making it the 61st largest exporter of Military Weapons in the world. At the same year, Military Weapons was the 850th most exported product in Philippines. The main destination of Military Weapons exports from Philippines are: Australia ($85.7k).

The fastest growing export markets for Military Weapons of Philippines between 2022 and 2023 were Australia ($85.7k).

Imports In 2023, Philippines imported $11.9M in Military Weapons, becoming the 25th largest importer of Military Weapons in the world. At the same year, Military Weapons was the 632nd most imported product in Philippines. Philippines imports Military Weapons primarily from: South Korea ($4.91M), Israel ($4.22M), Indonesia ($987k), Spain ($956k), and United States ($824k).

The fastest growing import markets in Military Weapons for Philippines between 2022 and 2023 were South Korea ($4.91M), Indonesia ($987k), and Spain ($934k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Military Weapons. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$85.7k
IMPORTS (2023)$11.9M
NET TRADE (2023)-$11.9M

In 2023, Philippines exported $85.7k in Military Weapons. The main destinations of Philippines exports on Military Weapons were Australia ($85.7k).

In 2023, Philippines imported $11.9M in Military Weapons, mainly from South Korea ($4.91M), Israel ($4.22M), Indonesia ($987k), Spain ($956k), and United States ($824k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Military Weapons EXPORT MARKETS FOR Philippines WERE (2022 - 2023):Australia$85.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Military Weapons BY Philippines WERE (2022 - 2023):
Turkey-$576k (-100%)
Bulgaria-$68.4k (-100%)
Czechia-$13.2k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Philippines's main exporting competitors in Military Weapons were:
In 2023, Philippines's main importing competitors in Military Weapons were:

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Trade Value of Military Weapons by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $443
TOP IMPORT POTENTIALSouth Korea+ $149k

Military Weapons’s highest export potential is Poland. With an export gap of $443.   Military Weapons’s highest import potential is South Korea with an import gap of $149k.

See methodology.

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