Other Electrical Machinery in Philippines | The Observatory of Economic Complexity

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Exports In 2022, Philippines exported $166M in Other Electrical Machinery, making it the 32nd largest exporter of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 72nd most exported product in Philippines. The main destination of Other Electrical Machinery exports from Philippines are: Japan ($27.4M), Germany ($25.2M), United States ($19.6M), China ($14.6M), and Chinese Taipei ($13.3M).

The fastest growing export markets for Other Electrical Machinery of Philippines between 2021 and 2022 were Germany ($9.61M), Chinese Taipei ($7.62M), and South Africa ($3.89M).

Imports In 2022, Philippines imported $363M in Other Electrical Machinery, becoming the 33rd largest importer of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 95th most imported product in Philippines. Philippines imports Other Electrical Machinery primarily from: China ($196M), Japan ($38.5M), Singapore ($35M), Hong Kong ($16.6M), and South Korea ($14.3M).

The fastest growing import markets in Other Electrical Machinery for Philippines between 2021 and 2022 were China ($24.2M), Portugal ($5.09M), and United States ($5.04M).

COMPANIES In 2020, leading companies such as were at the forefront of shipping Other Electrical Machinery from Philippines to the United States.

Latest Trends

August 2021

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Overview In August 2021 Philippines' Other Electrical Machinery exports accounted up to $2.97M and imports accounted up to $16M, resulting in a negative trade balance of $13M. Between August 2020 and August 2021 the exports of Philippines' Other Electrical Machinery have decreased by $-1.27M (-29.9%) from $4.24M to $2.97M, while imports increased by $7.02M (78.2%) from $8.97M to $16M.

Destinations In August 2021, Other Electrical Machinery were exported mostly to South Korea ($992k), China ($685k), South Africa ($415k), Hong Kong ($302k), and Australia ($232k), and were imported mostly from China ($5.29M), Belgium ($3.3M), South Korea ($1.47M), Malaysia ($1.47M), and Hong Kong ($1.09M).

Growth In August 2021, the decrease in Other Electrical Machinery's year-by-year exports was explained primarily by a decrease in exports to Japan ($-1.19M or -74.1%), South Africa ($-524k or -50.4%), and Hong Kong ($-273k or -73.5%). In August 2021, the increase in Other Electrical Machinery's year-by-year imports was explained primarily by an increase in imports from China ($4.85M or 133%), Malaysia ($2.41M or 1.73k%), and Chinese Taipei ($840k or 93%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2020 - August 2021)$-1.27M(-29.9%)

IMPORT GROWTH (August 2020 - August 2021)$7.02M(78.2%)

MAIN DESTINATION (August 2021)South Korea$992k

This section shows Other Electrical Machinery'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 Electrical Machinery over time.

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