2022
Exports
$664kWorld Rnk 44 / 73
Flag Rnk 639 / 1127
2022
PRODUCT COMPLEXITY IN Military Weapons
0.3Rnk 453 / 1025
2022
Imports
$32MWorld Rnk 10 / 143
Flag Rnk 482 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $664k in Military Weapons, making it the 44th largest exporter of Military Weapons in the world. At the same year, Military Weapons was the 639th most exported product in Philippines. The main destination of Military Weapons exports from Philippines are: Turkey ($576k), Bulgaria ($68.4k), Czechia ($13.2k), South Africa ($6.15k), and Netherlands ($301).

The fastest growing export markets for Military Weapons of Philippines between N/A and 2022 were Turkey ($576k), Bulgaria ($68.4k), and Czechia ($13.2k).

Imports In 2022, Philippines imported $32M in Military Weapons, becoming the 10th largest importer of Military Weapons in the world. At the same year, Military Weapons was the 482nd most imported product in Philippines. Philippines imports Military Weapons primarily from: Israel ($26.6M), United States ($3.99M), Turkey ($568k), Australia ($150k), and Czechia ($131k).

The fastest growing import markets in Military Weapons for Philippines between 2021 and 2022 were Turkey ($568k), United States ($278k), and Australia ($150k).

Latest Trends

Jul 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 (2022)$664k
IMPORTS (2022)$32M
NET TRADE (2022)-$31.3M

In 2022, Philippines exported $664k in Military Weapons. The main destinations of Philippines exports on Military Weapons were Turkey ($576k), Bulgaria ($68.4k), Czechia ($13.2k), South Africa ($6.15k), and Netherlands ($301).

In 2022, Philippines imported $32M in Military Weapons, mainly from Israel ($26.6M), United States ($3.99M), Turkey ($568k), Australia ($150k), and Czechia ($131k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Military Weapons EXPORT MARKETS FOR Philippines WERE (N/A - 2022):
Turkey$576k (1%)
Bulgaria$68.4k (1%)
Czechia$13.2k (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Military Weapons were:
In 2022, 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
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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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