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2022
Exports $454MWorld Rnk 15 / 213
Flag Rnk 32 / 1127
2022
Destination $35.6M Singapore
2021 - 2022
FASTEST GROWING MARKET $35.6MSingapore
2022
PRODUCT COMPLEXITY IN Oscilloscopes1.82Rnk 15 / 1025
2022
Imports $759MWorld Rnk 12 / 226
Flag Rnk 40 / 1201
2022
Origin $27.9M Malaysia
2021 - 2022
FASTEST GROWING ORIGIN $27.9MUnited States
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $454M in Oscilloscopes, making it the 15th largest exporter of Oscilloscopes in the world. At the same year, Oscilloscopes was the 32nd most exported product in Philippines. The main destination of Oscilloscopes exports from Philippines are: Singapore ($93M), China ($85.2M), Chinese Taipei ($70.8M), United States ($51.6M), and Malaysia ($29.4M).

The fastest growing export markets for Oscilloscopes of Philippines between 2021 and 2022 were Singapore ($35.6M), Chinese Taipei ($33.1M), and United States ($12.6M).

Imports In 2022, Philippines imported $759M in Oscilloscopes, becoming the 12th largest importer of Oscilloscopes in the world. At the same year, Oscilloscopes was the 40th most imported product in Philippines. Philippines imports Oscilloscopes primarily from: Malaysia ($220M), United States ($141M), Singapore ($93.3M), Japan ($70.3M), and China ($68.1M).

The fastest growing import markets in Oscilloscopes for Philippines between 2021 and 2022 were United States ($27.9M), China ($16.8M), and Dominican Republic ($11.3M).

Latest Trends

August 2024

About

Overview In August 2024 Philippines' Oscilloscopes exports accounted up to $68.4M and imports accounted up to $82.6M, resulting in a negative trade balance of $14.2M. Between August 2023 and August 2024 the exports of Philippines'   Oscilloscopes have increased by $1.98M (2.98%) from $66.4M to $68.4M, while imports decreased by $-9.13M (-9.96%) from $91.7M to $82.6M.

Destinations In August 2024, Oscilloscopes were exported mostly to South Korea ($16.1M), Chinese Taipei ($16.1M), China ($9.56M), Singapore ($8.42M), and United States ($4.95M), and were imported mostly from United States ($27.8M), Malaysia ($20.2M), China ($17.7M), Japan ($6.54M), and Singapore ($1.7M).

Growth In August 2024, the increase in Oscilloscopes's year-by-year exports was explained primarily by an increase in exports to Singapore ($2.5M or 27.8%), South Korea ($2.11M or 30%), and Netherlands ($814k or 48.9%). In August 2024, the decrease in Oscilloscopes's year-by-year imports was explained primarily by a decrease in imports from Singapore ($-14.5M or -91.4%), Chinese Taipei ($-3.65M or -58%), and Israel ($-2.57M or -73.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$1.98M(2.98%)
IMPORT GROWTH (August 2023 - August 2024)$-9.13M(-9.96%)
MAIN DESTINATION (August 2024)South Korea$16.1M

This section shows Oscilloscopes'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 Oscilloscopes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$454M
IMPORTS (2022)$759M
NET TRADE (2022)-$305M

In 2022, Philippines exported $454M in Oscilloscopes. The main destinations of Philippines exports on Oscilloscopes were Singapore ($93M), China ($85.2M), Chinese Taipei ($70.8M), United States ($51.6M), and Malaysia ($29.4M).

In 2022, Philippines imported $759M in Oscilloscopes, mainly from Malaysia ($220M), United States ($141M), Singapore ($93.3M), Japan ($70.3M), and China ($68.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Oscilloscopes EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Singapore$35.6M (61.9%)
Chinese Taipei$33.1M (87.8%)
United States$12.6M (32.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Oscilloscopes BY Philippines WERE (2021 - 2022):
Austria-$2.03M (-76.6%)
Nigeria-$909k (-99.5%)
Slovakia-$837k (-78.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Oscilloscopes were:
Malaysia $5.99B
United States $5.38B
Japan $3.49B
In 2022, Philippines's main importing competitors in Oscilloscopes were:
China $4.82B
United States $4.8B
Chinese Taipei $3.89B

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Trade Value of Oscilloscopes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $26.4M
TOP IMPORT POTENTIALChina+ $16.9M

Oscilloscopes’s highest export potential is United States. With an export gap of $26.4M.   Oscilloscopes’s highest import potential is China with an import gap of $16.9M.

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