NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Exports $8.86BWorld Rnk 7 / 222
Flag Rnk 2 / 1123
2023
Destination $93.4M China
2022 - 2023
FASTEST GROWING MARKET $93.4MChinese Taipei
2023
PRODUCT COMPLEXITY IN Office Machine Parts1.14Rnk 125 / 1025
2023
Imports $2.04BWorld Rnk 27 / 226
Flag Rnk 8 / 1202
2023
Origin $247M China
2022 - 2023
FASTEST GROWING ORIGIN $247MSouth Korea
2023
ECONOMIC COMPLEXITY of Philippines0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $8.86B in Office Machine Parts, making it the 7th largest exporter of Office Machine Parts in the world. At the same year, Office Machine Parts was the 2nd most exported product in Philippines. The main destination of Office Machine Parts exports from Philippines are: China ($1.77B), United States ($1.44B), Mexico ($794M), Germany ($708M), and Hong Kong ($673M).

The fastest growing export markets for Office Machine Parts of Philippines between 2022 and 2023 were Chinese Taipei ($93.4M), United Arab Emirates ($55.4M), and India ($42.8M).

Imports In 2023, Philippines imported $2.04B in Office Machine Parts, becoming the 27th largest importer of Office Machine Parts in the world. At the same year, Office Machine Parts was the 8th most imported product in Philippines. Philippines imports Office Machine Parts primarily from: China ($437M), South Korea ($426M), Hong Kong ($397M), Japan ($353M), and Thailand ($103M).

The fastest growing import markets in Office Machine Parts for Philippines between 2022 and 2023 were South Korea ($247M), Indonesia ($5.46M), and Israel ($2.46M).

Latest Trends

July 2024

About

Overview In July 2024 Philippines' Office Machine Parts exports accounted up to $110M and imports accounted up to $128M, resulting in a negative trade balance of $18M. Between July 2023 and July 2024 the exports of Philippines'   Office Machine Parts have increased by $45.3M (69.7%) from $65M to $110M, while imports increased by $43.9M (52.1%) from $84.4M to $128M.

Destinations In July 2024, Office Machine Parts were exported mostly to Thailand ($64.9M), Japan ($9.92M), United States ($9.43M), Hong Kong ($4.68M), and Vietnam ($3.37M), and were imported mostly from Hong Kong ($57.6M), Japan ($39.9M), China ($14M), Thailand ($6.77M), and Chinese Taipei ($3.08M).

Growth In July 2024, the increase in Office Machine Parts's year-by-year exports was explained primarily by an increase in exports to United States ($2.02M or 39.7%), Japan ($638k or 18.7%), and Germany ($468k or 91.8%). In July 2024, the increase in Office Machine Parts's year-by-year imports was explained primarily by an increase in imports from China ($8.06M or 51.9%), United States ($6.08M or 320%), and United Kingdom ($206k or 818%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$45.3M(69.7%)
IMPORT GROWTH (July 2023 - July 2024)$43.9M(52.1%)
MAIN DESTINATION (July 2024)Thailand$64.9M

This section shows Office Machine Parts'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 Office Machine Parts 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 (2023)$8.86B
IMPORTS (2023)$2.04B
NET TRADE (2023)$6.82B

In 2023, Philippines exported $8.86B in Office Machine Parts. The main destinations of Philippines exports on Office Machine Parts were China ($1.77B), United States ($1.44B), Mexico ($794M), Germany ($708M), and Hong Kong ($673M).

In 2023, Philippines imported $2.04B in Office Machine Parts, mainly from China ($437M), South Korea ($426M), Hong Kong ($397M), Japan ($353M), and Thailand ($103M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Office Machine Parts EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
Chinese Taipei$93.4M (65.9%)
United Arab Emirates$55.4M (38%)
India$42.8M (31.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Office Machine Parts BY Philippines WERE (2022 - 2023):
United States-$1.32B (-47.8%)
China-$549M (-23.7%)
Hong Kong-$364M (-35.1%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Philippines's main exporting competitors in Office Machine Parts were:
China $89B
Chinese Taipei $29.8B
Thailand $21.4B
In 2023, Philippines's main importing competitors in Office Machine Parts were:
United States $54.7B
China $23.4B
Hong Kong $23B

Explore Visualizations

Trade Value of Office Machine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $444M
TOP IMPORT POTENTIALChina+ $192M

Office Machine Parts’s highest export potential is China. With an export gap of $444M.   Office Machine Parts’s highest import potential is China with an import gap of $192M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms