Other Measuring Instruments in Philippines | The Observatory of Economic Complexity

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).

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

Latest Trends

August 2021

About

Overview In August 2021 Philippines' Other Measuring Instruments exports accounted up to $10.1M and imports accounted up to $24.3M, resulting in a negative trade balance of $14.3M. Between August 2020 and August 2021 the exports of Philippines' Other Measuring Instruments have increased by $616k (6.5%) from $9.48M to $10.1M, while imports increased by $12.8M (111%) from $11.5M to $24.3M.

Destinations In August 2021, Other Measuring Instruments were exported mostly to Japan ($2.95M), China ($2.28M), Finland ($1.26M), United States ($1.16M), and Germany ($594k), and were imported mostly from Japan ($6.31M), South Korea ($4.62M), Malaysia ($4.5M), China ($2.05M), and Hong Kong ($1.62M).

Growth In August 2021, the increase in Other Measuring Instruments's year-by-year exports was explained primarily by an increase in exports to Thailand ($257k or 552%), Malaysia ($213k or 1.09k%), and France ($201k or 39.8k%). In August 2021, the increase in Other Measuring Instruments's year-by-year imports was explained primarily by an increase in imports from Japan ($3.71M or 102%), India ($741k or 7.43k%), and Switzerland ($392k or 5.76k%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2020 - August 2021)$616k(6.5%)

IMPORT GROWTH (August 2020 - August 2021)$12.8M(111%)

MAIN DESTINATION (August 2021)Japan$2.95M

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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