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2022
Exports $182MWorld Rnk 7 / 173
Flag Rnk 64 / 1127
2022
Destination $8.44M United States
2021 - 2022
FASTEST GROWING MARKET $8.44MUnited States
2022
PRODUCT COMPLEXITY IN Other Office Machines1.1Rnk 134 / 1025
2022
Imports $61.3MWorld Rnk 20 / 213
Flag Rnk 352 / 1201
2022
Origin $10.7M China
2021 - 2022
FASTEST GROWING ORIGIN $10.7MChinese Taipei
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $182M in Other Office Machines, making it the 7th largest exporter of Other Office Machines in the world. At the same year, Other Office Machines was the 64th most exported product in Philippines. The main destination of Other Office Machines exports from Philippines are: United States ($84.6M), Netherlands ($22.9M), Italy ($22.3M), Germany ($16.7M), and Japan ($6.16M).

The fastest growing export markets for Other Office Machines of Philippines between 2021 and 2022 were United States ($8.44M), Italy ($4.08M), and Germany ($3.86M).

Imports In 2022, Philippines imported $61.3M in Other Office Machines, becoming the 20th largest importer of Other Office Machines in the world. At the same year, Other Office Machines was the 352nd most imported product in Philippines. Philippines imports Other Office Machines primarily from: China ($26M), India ($15.3M), Chinese Taipei ($10.9M), Germany ($1.12M), and United States ($1.03M).

The fastest growing import markets in Other Office Machines for Philippines between 2021 and 2022 were Chinese Taipei ($10.7M), China ($9.07M), and India ($5.77M).

Latest Trends

August 2024

About

Overview In August 2024 Philippines' Other Office Machines exports accounted up to $6.13M and imports accounted up to $5.89M, resulting in a positive trade balance of $238k. Between August 2023 and August 2024 the exports of Philippines'   Other Office Machines have decreased by $-2.4M (-28.1%) from $8.53M to $6.13M, while imports increased by $4.77M (425%) from $1.12M to $5.89M.

Destinations In August 2024, Other Office Machines were exported mostly to United States ($2.57M), Netherlands ($2.04M), Paraguay ($275k), United Kingdom ($271k), and Italy ($236k), and were imported mostly from India ($2.79M), Germany ($1.23M), China ($1.23M), Japan ($342k), and South Korea ($141k).

Growth In August 2024, the decrease in Other Office Machines's year-by-year exports was explained primarily by a decrease in exports to United States ($-4.93M or -67.4%), Netherlands ($-3.79M or -79.1%), and Hungary ($-1.38M or -88.6%). In August 2024, the increase in Other Office Machines's year-by-year imports was explained primarily by an increase in imports from India ($3.43M or 8.77k%), China ($1.44M or 370%), and Japan ($523k or 7.11k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-2.4M(-28.1%)
IMPORT GROWTH (August 2023 - August 2024)$4.77M(425%)
MAIN DESTINATION (August 2024)United States$2.57M

This section shows Other Office Machines'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 Office Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$182M
IMPORTS (2022)$61.3M
NET TRADE (2022)$120M

In 2022, Philippines exported $182M in Other Office Machines. The main destinations of Philippines exports on Other Office Machines were United States ($84.6M), Netherlands ($22.9M), Italy ($22.3M), Germany ($16.7M), and Japan ($6.16M).

In 2022, Philippines imported $61.3M in Other Office Machines, mainly from China ($26M), India ($15.3M), Chinese Taipei ($10.9M), Germany ($1.12M), and United States ($1.03M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Office Machines EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United States$8.44M (11.1%)
Italy$4.08M (22.4%)
Germany$3.86M (30%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Office Machines BY Philippines WERE (2021 - 2022):
Hungary-$8.96M (-60.8%)
Netherlands-$7.79M (-25.4%)
India-$7.33M (-78.3%)
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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 Office Machines were:
China $1.52B
Germany $665M
South Korea $350M
In 2022, Philippines's main importing competitors in Other Office Machines were:
United States $1.1B
Germany $219M
France $192M

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Trade Value of Other Office Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $3.47M
TOP IMPORT POTENTIALChina+ $2.48M

Other Office Machines’s highest export potential is Japan. With an export gap of $3.47M.   Other Office Machines’s highest import potential is China with an import gap of $2.48M.

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