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2022
Exports $8.45MWorld Rnk 22 / 98
Flag Rnk 361 / 1127
2022
Destination $2.62M Japan
2021 - 2022
FASTEST GROWING MARKET $2.62MJapan
2022
PRODUCT COMPLEXITY IN Other Metals0.17Rnk 497 / 1025
2022
Imports $4.17MWorld Rnk 36 / 160
Flag Rnk 844 / 1201
2022
Origin $83.9k Chinese Taipei
2021 - 2022
FASTEST GROWING ORIGIN $83.9kSouth Korea
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $8.45M in Other Metals, making it the 22nd largest exporter of Other Metals in the world. At the same year, Other Metals was the 361st most exported product in Philippines. The main destination of Other Metals exports from Philippines are: Japan ($3.26M), Germany ($2.48M), Chinese Taipei ($1.22M), Singapore ($949k), and South Korea ($527k).

The fastest growing export markets for Other Metals of Philippines between 2021 and 2022 were Japan ($2.62M), South Korea ($491k), and Singapore ($308k).

Imports In 2022, Philippines imported $4.17M in Other Metals, becoming the 36th largest importer of Other Metals in the world. At the same year, Other Metals was the 844th most imported product in Philippines. Philippines imports Other Metals primarily from: Chinese Taipei ($3.66M), Thailand ($110k), South Korea ($83.9k), Japan ($77.6k), and United States ($71.7k).

The fastest growing import markets in Other Metals for Philippines between 2021 and 2022 were South Korea ($83.9k), India ($47.9k), and Japan ($27k).

Latest Trends

February 2024

About

Overview In February 2024 Philippines' Other Metals exports accounted up to $220 and imports accounted up to $21.9k, resulting in a negative trade balance of $21.7k. Between November 2022 and February 2024 the exports of Philippines'   Other Metals have decreased by $-33.5k (-99.3%) from $33.7k to $220, while imports decreased by $-75.3k (-77.5%) from $97.2k to $21.9k.

Destinations In February 2024, Other Metals were exported mostly to , and were imported mostly from Japan ($20.6k), United States ($910), South Korea ($290), and Germany ($37).

Growth In February 2024, the decrease in Other Metals's year-by-year exports was explained primarily by a decrease in exports to Singapore ($-11.7k or -12.9%). In June 2024, the decrease in Other Metals's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2022 - February 2024)$-33.5k(-99.3%)
IMPORT GROWTH (June 2023 - June 2024)$-75.3k(-77.5%)
MAIN DESTINATION (February 2024)

This section shows Other Metals'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 Metals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.45M
IMPORTS (2022)$4.17M
NET TRADE (2022)$4.29M

In 2022, Philippines exported $8.45M in Other Metals. The main destinations of Philippines exports on Other Metals were Japan ($3.26M), Germany ($2.48M), Chinese Taipei ($1.22M), Singapore ($949k), and South Korea ($527k).

In 2022, Philippines imported $4.17M in Other Metals, mainly from Chinese Taipei ($3.66M), Thailand ($110k), South Korea ($83.9k), Japan ($77.6k), and United States ($71.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Metals EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Japan$2.62M (410%)
South Korea$491k (1.38k%)
Singapore$308k (48.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Metals BY Philippines WERE (2021 - 2022):
Germany-$870k (-26%)
United States-$3.55k (-95.3%)
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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 Metals were:
China $536M
United States $209M
Brazil $207M
In 2022, Philippines's main importing competitors in Other Metals were:
United States $493M
Germany $206M
Japan $202M

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Trade Value of Other Metals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $54.9k
TOP IMPORT POTENTIALUnited States+ $68.1k

Other Metals’s highest export potential is South Korea. With an export gap of $54.9k.   Other Metals’s highest import potential is United States with an import gap of $68.1k.

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