2022
Exports
$1.02MWorld Rnk 56 / 102
Flag Rnk 606 / 1127
2022
PRODUCT COMPLEXITY IN Other Sea Vessels
-0.29Rnk 646 / 1025
2022
Imports
$126MWorld Rnk 11 / 178
Flag Rnk 223 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $1.02M in Other Sea Vessels, making it the 56th largest exporter of Other Sea Vessels in the world. At the same year, Other Sea Vessels was the 606th most exported product in Philippines. The main destination of Other Sea Vessels exports from Philippines are: United States ($770k), China ($226k), Chinese Taipei ($15.6k), and Singapore ($5.57k).

The fastest growing export markets for Other Sea Vessels of Philippines between 2021 and 2022 were United States ($770k), China ($226k), and Singapore ($5.57k).

Imports In 2022, Philippines imported $126M in Other Sea Vessels, becoming the 11th largest importer of Other Sea Vessels in the world. At the same year, Other Sea Vessels was the 223rd most imported product in Philippines. Philippines imports Other Sea Vessels primarily from: Japan ($94.4M), Israel ($27.3M), United States ($2.4M), China ($638k), and United Arab Emirates ($532k).

The fastest growing import markets in Other Sea Vessels for Philippines between 2021 and 2022 were Japan ($94M), Israel ($27.3M), and United States ($2.05M).

Latest Trends

Nov 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Other Sea Vessels. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.02M
IMPORTS (2022)$126M
NET TRADE (2022)-$125M

In 2022, Philippines exported $1.02M in Other Sea Vessels. The main destinations of Philippines exports on Other Sea Vessels were United States ($770k), China ($226k), Chinese Taipei ($15.6k), and Singapore ($5.57k).

In 2022, Philippines imported $126M in Other Sea Vessels, mainly from Japan ($94.4M), Israel ($27.3M), United States ($2.4M), China ($638k), and United Arab Emirates ($532k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Sea Vessels EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United States$770k (1%)
China$226k (1%)
Singapore$5.57k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Sea Vessels BY Philippines WERE (2021 - 2022):
Turkey-$64.4k (-100%)
Papua New Guinea-$1k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Other Sea Vessels were:
In 2022, Philippines's main importing competitors in Other Sea Vessels were:

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Trade Value of Other Sea Vessels by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $148k
TOP IMPORT POTENTIALChina+ $998k

Other Sea Vessels’s highest export potential is China. With an export gap of $148k.   Other Sea Vessels’s highest import potential is China with an import gap of $998k.

See methodology.

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