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2022
Exports $257MWorld Rnk 30 / 221
Flag Rnk 46 / 1127
2022
Destination $9.93M Japan
2021 - 2022
FASTEST GROWING MARKET $9.93MFrance
2022
PRODUCT COMPLEXITY IN Other Measuring Instruments1.54Rnk 44 / 1025
2022
Imports $365MWorld Rnk 32 / 226
Flag Rnk 93 / 1201
2022
Origin $16.9M Japan
2021 - 2022
FASTEST GROWING ORIGIN $16.9MChinese Taipei
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $257M in Other Measuring Instruments, making it the 30th largest exporter of Other Measuring Instruments in the world. At the same year, Other Measuring Instruments was the 46th most exported product in Philippines. The main destination of Other Measuring Instruments exports from Philippines are: Japan ($49.5M), China ($44.3M), United States ($28.9M), Germany ($21.5M), and South Korea ($20.3M).

The fastest growing export markets for Other Measuring Instruments of Philippines between 2021 and 2022 were France ($9.93M), Germany ($6.38M), and Hong Kong ($3.52M).

Imports In 2022, Philippines imported $365M in Other Measuring Instruments, becoming the 32nd largest importer of Other Measuring Instruments in the world. At the same year, Other Measuring Instruments was the 93rd most imported product in Philippines. Philippines imports Other Measuring Instruments primarily from: Japan ($96.7M), China ($75.4M), Malaysia ($40.7M), South Korea ($20.9M), and Chinese Taipei ($20.7M).

The fastest growing import markets in Other Measuring Instruments for Philippines between 2021 and 2022 were Chinese Taipei ($16.9M), China ($12.6M), and Italy ($11M).

Latest Trends

August 2024

About

Overview In August 2024 Philippines' Other Measuring Instruments exports accounted up to $24.5M and imports accounted up to $24.3M, resulting in a positive trade balance of $179k. Between August 2023 and August 2024 the exports of Philippines'   Other Measuring Instruments have increased by $13.3M (118%) from $11.2M to $24.5M, while imports increased by $8.67M (55.6%) from $15.6M to $24.3M.

Destinations In August 2024, Other Measuring Instruments were exported mostly to Chinese Taipei ($5.35M), Hong Kong ($5M), China ($3.16M), Germany ($2.68M), and Japan ($2.33M), and were imported mostly from Malaysia ($11.8M), Japan ($3.39M), Hong Kong ($1.53M), United States ($1.5M), and China ($1.3M).

Growth In August 2024, the increase in Other Measuring Instruments's year-by-year exports was explained primarily by an increase in exports to United States ($1.33M or 99%), Israel ($289k or 165%), and Thailand ($236k or 449%). In August 2024, the increase in Other Measuring Instruments's year-by-year imports was explained primarily by an increase in imports from Japan ($3.99M or 59.5%), Italy ($1.63M or 9.11k%), and Hong Kong ($718k or 133%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$13.3M(118%)
IMPORT GROWTH (August 2023 - August 2024)$8.67M(55.6%)
MAIN DESTINATION (August 2024)Chinese Taipei$5.35M

This section shows Other Measuring Instruments'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 Measuring Instruments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$257M
IMPORTS (2022)$365M
NET TRADE (2022)-$108M

In 2022, Philippines exported $257M in Other Measuring Instruments. The main destinations of Philippines exports on Other Measuring Instruments were Japan ($49.5M), China ($44.3M), United States ($28.9M), Germany ($21.5M), and South Korea ($20.3M).

In 2022, Philippines imported $365M in Other Measuring Instruments, mainly from Japan ($96.7M), China ($75.4M), Malaysia ($40.7M), South Korea ($20.9M), and Chinese Taipei ($20.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Measuring Instruments EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
France$9.93M (327%)
Germany$6.38M (42.2%)
Hong Kong$3.52M (67.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Measuring Instruments BY Philippines WERE (2021 - 2022):
China-$23.6M (-34.7%)
Canada-$15.4M (-81.3%)
Mexico-$7.63M (-48.3%)
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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 Measuring Instruments were:
Germany $8.71B
United States $7.13B
China $6.9B
In 2022, Philippines's main importing competitors in Other Measuring Instruments were:
China $10.8B
United States $6.69B
Germany $3.73B

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Trade Value of Other Measuring Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $125M
TOP IMPORT POTENTIALChina+ $26.7M

Other Measuring Instruments’s highest export potential is China. With an export gap of $125M.   Other Measuring Instruments’s highest import potential is China with an import gap of $26.7M.

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