2023
Exports
$64.3kWorld Rnk 66 / 102
Flag Rnk 868 / 1123
falsefalse South Korea
2023
PRODUCT COMPLEXITY IN Motor vehicle (8701 to 8705) chassis fitted with engine
0.99Rnk 179 / 1025
2023
Imports
$62.3MWorld Rnk 17 / 180
Flag Rnk 293 / 1202
2023
ECONOMIC COMPLEXITY of Philippines
0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $64.3k in Motor vehicle (8701 to 8705) chassis fitted with engine, making it the 66th largest exporter of Motor vehicle (8701 to 8705) chassis fitted with engine in the world. At the same year, Motor vehicle (8701 to 8705) chassis fitted with engine was the 868th most exported product in Philippines. The main destination of Motor vehicle (8701 to 8705) chassis fitted with engine exports from Philippines are: South Korea ($64.3k).

Imports In 2023, Philippines imported $62.3M in Motor vehicle (8701 to 8705) chassis fitted with engine, becoming the 17th largest importer of Motor vehicle (8701 to 8705) chassis fitted with engine in the world. At the same year, Motor vehicle (8701 to 8705) chassis fitted with engine was the 293rd most imported product in Philippines. Philippines imports Motor vehicle (8701 to 8705) chassis fitted with engine primarily from: India ($37.7M), Japan ($16.2M), Brazil ($2.47M), Netherlands ($2.2M), and China ($1.83M).

The fastest growing import markets in Motor vehicle (8701 to 8705) chassis fitted with engine for Philippines between 2022 and 2023 were India ($10.6M), Netherlands ($1.76M), and Indonesia ($1.29M).

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 Motor vehicle (8701 to 8705) chassis fitted with engine. 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)$64.3k
IMPORTS (2023)$62.3M
NET TRADE (2023)-$62.2M

In 2023, Philippines exported $64.3k in Motor vehicle (8701 to 8705) chassis fitted with engine. The main destinations of Philippines exports on Motor vehicle (8701 to 8705) chassis fitted with engine were South Korea ($64.3k).

In 2023, Philippines imported $62.3M in Motor vehicle (8701 to 8705) chassis fitted with engine, mainly from India ($37.7M), Japan ($16.2M), Brazil ($2.47M), Netherlands ($2.2M), and China ($1.83M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor vehicle (8701 to 8705) chassis fitted with engine BY Philippines WERE (2022 - 2023):
China-$112k (-100%)
Nigeria-$64.4k (-100%)
South Korea-$16.7k (-20.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Philippines's main exporting competitors in Motor vehicle (8701 to 8705) chassis fitted with engine were:
In 2023, Philippines's main importing competitors in Motor vehicle (8701 to 8705) chassis fitted with engine were:

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Trade Value of Motor vehicle (8701 to 8705) chassis fitted with engine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNigeria+ $6.21k
TOP IMPORT POTENTIALBrazil+ $1.64M

Motor vehicle (8701 to 8705) chassis fitted with engine’s highest export potential is Nigeria. With an export gap of $6.21k.   Motor vehicle (8701 to 8705) chassis fitted with engine’s highest import potential is Brazil with an import gap of $1.64M.

See methodology.

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