2022
Exports
$624kWorld Rnk 75 / 148
Flag Rnk 645 / 1127
2022
PRODUCT COMPLEXITY IN Particle Board
0.11Rnk 516 / 1025
2022
Imports
$29.3MWorld Rnk 56 / 213
Flag Rnk 501 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $624k in Particle Board, making it the 75th largest exporter of Particle Board in the world. At the same year, Particle Board was the 645th most exported product in Philippines. The main destination of Particle Board exports from Philippines are: Japan ($396k), United States ($173k), Indonesia ($35.4k), South Korea ($5.54k), and Oman ($5.44k).

The fastest growing export markets for Particle Board of Philippines between 2021 and 2022 were United States ($115k), Indonesia ($21.7k), and South Korea ($5.54k).

Imports In 2022, Philippines imported $29.3M in Particle Board, becoming the 56th largest importer of Particle Board in the world. At the same year, Particle Board was the 501st most imported product in Philippines. Philippines imports Particle Board primarily from: China ($8.71M), Malaysia ($7.53M), Thailand ($5.57M), Austria ($2.03M), and Japan ($1.6M).

The fastest growing import markets in Particle Board for Philippines between 2021 and 2022 were Thailand ($1.35M), New Zealand ($1.15M), and Italy ($136k).

COMPANIES In 2023, leading companies such as Euromarket Designs (5), Arhaus (3), and Cinmar (3) were at the forefront of shipping Particle Board from Philippines to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - June 2024)$1.47M(1.35k%)
IMPORT GROWTH (June 2023 - June 2024)$149k(7.5%)
MAIN DESTINATION (June 2024)Japan$1.58M

This section shows Particle Board'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 Particle Board over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$624k
IMPORTS (2022)$29.3M
NET TRADE (2022)-$28.7M

In 2022, Philippines exported $624k in Particle Board. The main destinations of Philippines exports on Particle Board were Japan ($396k), United States ($173k), Indonesia ($35.4k), South Korea ($5.54k), and Oman ($5.44k).

In 2022, Philippines imported $29.3M in Particle Board, mainly from China ($8.71M), Malaysia ($7.53M), Thailand ($5.57M), Austria ($2.03M), and Japan ($1.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Particle Board EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United States$115k (195%)
Indonesia$21.7k (158%)
South Korea$5.54k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Particle Board BY Philippines WERE (2021 - 2022):
Japan-$94.5k (-19.3%)
Denmark-$328 (-100%)
Mongolia-$305 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Particle Board were:
In 2022, Philippines's main importing competitors in Particle Board were:

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Trade Value of Particle Board by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $247k
TOP IMPORT POTENTIALThailand+ $1.44M

Particle Board’s highest export potential is United States. With an export gap of $247k.   Particle Board’s highest import potential is Thailand with an import gap of $1.44M.

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