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2022
Exports $4.27MWorld Rnk 48 / 181
Flag Rnk 421 / 1127
2022
Destination $644k Indonesia
2021 - 2022
FASTEST GROWING MARKET $644kIndonesia
2022
PRODUCT COMPLEXITY IN Other Mineral-1.21Rnk 881 / 1025
2022
Imports $1.84MWorld Rnk 75 / 203
Flag Rnk 953 / 1201
2022
Origin $421k China
2021 - 2022
FASTEST GROWING ORIGIN $421kChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $4.27M in Other Mineral, making it the 48th largest exporter of Other Mineral in the world. At the same year, Other Mineral was the 421st most exported product in Philippines. The main destination of Other Mineral exports from Philippines are: Indonesia ($3.44M), Japan ($237k), Chinese Taipei ($174k), Malaysia ($164k), and Vietnam ($87k).

The fastest growing export markets for Other Mineral of Philippines between 2021 and 2022 were Indonesia ($644k), Malaysia ($138k), and Thailand ($23.2k).

Imports In 2022, Philippines imported $1.84M in Other Mineral, becoming the 75th largest importer of Other Mineral in the world. At the same year, Other Mineral was the 953rd most imported product in Philippines. Philippines imports Other Mineral primarily from: China ($683k), Chinese Taipei ($300k), Malaysia ($289k), United Kingdom ($176k), and Turkey ($133k).

The fastest growing import markets in Other Mineral for Philippines between 2021 and 2022 were China ($421k), Malaysia ($154k), and United Kingdom ($89.2k).

Latest Trends

August 2024

About

Overview In August 2024 Philippines' Other Mineral exports accounted up to $146k and imports accounted up to $38.9k, resulting in a positive trade balance of $108k. Between August 2023 and August 2024 the exports of Philippines'   Other Mineral have increased by $22.3k (17.9%) from $124k to $146k, while imports decreased by $-133k (-77.4%) from $172k to $38.9k.

Destinations In August 2024, Other Mineral were exported mostly to Indonesia ($95.9k), Chinese Taipei ($44.7k), and Vietnam ($5.8k), and were imported mostly from Chinese Taipei ($38.5k) and Germany ($389).

Growth In August 2024, the increase in Other Mineral's year-by-year exports was explained primarily by an increase in exports to Indonesia ($23.3k or 10.3%), Singapore ($13.6k or 31.2%), and Chinese Taipei ($888 or 9.79%). In August 2024, the decrease in Other Mineral's year-by-year imports was explained primarily by a decrease in imports from Chinese Taipei ($-34.6k or -26.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$22.3k(17.9%)
IMPORT GROWTH (August 2023 - August 2024)$-133k(-77.4%)
MAIN DESTINATION (August 2024)Indonesia$95.9k

This section shows Other Mineral'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 Mineral over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.27M
IMPORTS (2022)$1.84M
NET TRADE (2022)$2.42M

In 2022, Philippines exported $4.27M in Other Mineral. The main destinations of Philippines exports on Other Mineral were Indonesia ($3.44M), Japan ($237k), Chinese Taipei ($174k), Malaysia ($164k), and Vietnam ($87k).

In 2022, Philippines imported $1.84M in Other Mineral, mainly from China ($683k), Chinese Taipei ($300k), Malaysia ($289k), United Kingdom ($176k), and Turkey ($133k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Mineral EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Indonesia$644k (23%)
Malaysia$138k (546%)
Thailand$23.2k (1.29k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Mineral BY Philippines WERE (2021 - 2022):
Chinese Taipei-$219k (-55.7%)
Singapore-$49.9k (-43.1%)
Vietnam-$37k (-29.8%)
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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 Mineral were:
Australia $8.27B
Brazil $336M
China $316M
In 2022, Philippines's main importing competitors in Other Mineral were:
China $8.79B
United States $151M
Japan $141M

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Trade Value of Other Mineral by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $219k
TOP IMPORT POTENTIALChina+ $301k

Other Mineral’s highest export potential is Japan. With an export gap of $219k.   Other Mineral’s highest import potential is China with an import gap of $301k.

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