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2022
Exports $3.62MWorld Rnk 28 / 136
Flag Rnk 442 / 1127
2022
Destination $1.37M Malaysia
2021 - 2022
FASTEST GROWING MARKET $1.37MMalaysia
2022
PRODUCT COMPLEXITY IN Other Copper Products0.88Rnk 214 / 1025
2022
Imports $42.8MWorld Rnk 7 / 199
Flag Rnk 413 / 1201
2022
Origin $3.02MN/A
2021 - 2022
FASTEST GROWING ORIGIN $3.02MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $3.62M in Other Copper Products, making it the 28th largest exporter of Other Copper Products in the world. At the same year, Other Copper Products was the 442nd most exported product in Philippines. The main destination of Other Copper Products exports from Philippines are: Malaysia ($1.68M), India ($955k), Japan ($444k), United States ($252k), and Thailand ($152k).

The fastest growing export markets for Other Copper Products of Philippines between 2021 and 2022 were Malaysia ($1.37M), India ($821k), and Japan ($198k).

Imports In 2022, Philippines imported $42.8M in Other Copper Products, becoming the 7th largest importer of Other Copper Products in the world. At the same year, Other Copper Products was the 413th most imported product in Philippines. Philippines imports Other Copper Products primarily from: N/A.

The fastest growing import markets in Other Copper Products for Philippines between 2021 and 2022 were China ($3.02M), South Korea ($1.42M), and Finland ($578k).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Other Copper Products exports accounted up to $388k and imports accounted up to $617k, resulting in a negative trade balance of $229k. Between June 2023 and June 2024 the exports of Philippines'   Other Copper Products have decreased by $-76.9k (-16.5%) from $465k to $388k, while imports decreased by $-540k (-46.7%) from $1.16M to $617k.

Destinations In June 2024, Other Copper Products were exported mostly to Vietnam ($279k), Malaysia ($94k), Japan ($14.4k), and Thailand ($225), and were imported mostly from United States ($331k), Chinese Taipei ($49.4k), South Korea ($45.5k), Germany ($35.6k), and Netherlands ($35.6k).

Growth In June 2024, the decrease in Other Copper Products's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the decrease in Other Copper Products's year-by-year imports was explained primarily by a decrease in imports from China ($-1.11M or -73.5%), Chinese Taipei ($-1.01M or -96%), and Japan ($-294k or -46.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-76.9k(-16.5%)
IMPORT GROWTH (June 2023 - June 2024)$-540k(-46.7%)
MAIN DESTINATION (June 2024)Vietnam$279k

This section shows Other Copper Products'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 Other Copper Products over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.62M
IMPORTS (2022)$42.8M
NET TRADE (2022)-$39.2M

In 2022, Philippines exported $3.62M in Other Copper Products. The main destinations of Philippines exports on Other Copper Products were Malaysia ($1.68M), India ($955k), Japan ($444k), United States ($252k), and Thailand ($152k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Copper Products EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Malaysia$1.37M (444%)
India$821k (610%)
Japan$198k (80.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Copper Products BY Philippines WERE (2021 - 2022):
Vietnam-$683k (-99.3%)
Belgium-$475k (-99.7%)
Thailand-$320k (-67.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Other Copper Products were:
Chinese Taipei $214M
China $172M
Japan $157M
In 2022, Philippines's main importing competitors in Other Copper Products were:
Chinese Taipei $231M
United States $143M
Germany $62.3M

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Trade Value of Other Copper Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $338k
TOP IMPORT POTENTIALChina+ $3.38M

Other Copper Products’s highest export potential is China. With an export gap of $338k.   Other Copper Products’s highest import potential is China with an import gap of $3.38M.

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