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2022
Exports $349kWorld Rnk 58 / 148
Flag Rnk 708 / 1127
2022
Destination $41.1k Singapore
2021 - 2022
FASTEST GROWING MARKET $41.1kUnited Kingdom
2022
PRODUCT COMPLEXITY IN Photographic Chemicals2.07Rnk 4 / 1025
2022
Imports $18.2MWorld Rnk 29 / 212
Flag Rnk 594 / 1201
2022
Origin $1.46M United States
2021 - 2022
FASTEST GROWING ORIGIN $1.46MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $349k in Photographic Chemicals, making it the 58th largest exporter of Photographic Chemicals in the world. At the same year, Photographic Chemicals was the 708th most exported product in Philippines. The main destination of Photographic Chemicals exports from Philippines are: Singapore ($190k), New Zealand ($82.6k), United Kingdom ($41.1k), Tunisia ($10.1k), and Nepal ($3.72k).

The fastest growing export markets for Photographic Chemicals of Philippines between 2021 and 2022 were United Kingdom ($41.1k), Tunisia ($9.07k), and Nepal ($3.72k).

Imports In 2022, Philippines imported $18.2M in Photographic Chemicals, becoming the 29th largest importer of Photographic Chemicals in the world. At the same year, Photographic Chemicals was the 594th most imported product in Philippines. Philippines imports Photographic Chemicals primarily from: United States ($4.52M), China ($3.86M), Singapore ($3.75M), Japan ($2.96M), and Chinese Taipei ($1.45M).

The fastest growing import markets in Photographic Chemicals for Philippines between 2021 and 2022 were China ($1.46M), Japan ($492k), and Vietnam ($418k).

Latest Trends

July 2024

About

Overview In July 2024 Philippines' Photographic Chemicals exports accounted up to $417 and imports accounted up to $1.32M, resulting in a negative trade balance of $1.31M. Between March 2019 and July 2024 the exports of Philippines'   Photographic Chemicals have increased by $217 (109%) from $200 to $417, while imports decreased by $-236k (-15.2%) from $1.55M to $1.32M.

Destinations In July 2024, Photographic Chemicals were exported mostly to , and were imported mostly from Japan ($506k), United States ($358k), Singapore ($182k), Chinese Taipei ($68.1k), and China ($65.7k).

Growth In July 2024, the increase in Photographic Chemicals's year-by-year exports was explained primarily by an increase in exports to . In August 2024, the decrease in Photographic Chemicals's year-by-year imports was explained primarily by a decrease in imports from China ($-112k or -43.2%), Japan ($-93.7k or -26.5%), and Hong Kong ($-3.3k or -86.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2019 - July 2024)$217(109%)
IMPORT GROWTH (August 2023 - August 2024)$-236k(-15.2%)
MAIN DESTINATION (July 2024)

This section shows Photographic Chemicals'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 Photographic Chemicals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$349k
IMPORTS (2022)$18.2M
NET TRADE (2022)-$17.9M

In 2022, Philippines exported $349k in Photographic Chemicals. The main destinations of Philippines exports on Photographic Chemicals were Singapore ($190k), New Zealand ($82.6k), United Kingdom ($41.1k), Tunisia ($10.1k), and Nepal ($3.72k).

In 2022, Philippines imported $18.2M in Photographic Chemicals, mainly from United States ($4.52M), China ($3.86M), Singapore ($3.75M), Japan ($2.96M), and Chinese Taipei ($1.45M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Photographic Chemicals EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United Kingdom$41.1k (1%)
Tunisia$9.07k (910%)
Nepal$3.72k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Photographic Chemicals BY Philippines WERE (2021 - 2022):
Singapore-$211k (-52.6%)
New Zealand-$172k (-67.5%)
Nicaragua-$80.9k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Photographic Chemicals were:
Japan $3.47B
South Korea $731M
United States $573M
In 2022, Philippines's main importing competitors in Photographic Chemicals were:
China $1.86B
Chinese Taipei $1B
South Korea $583M

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Trade Value of Photographic Chemicals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $68.5k
TOP IMPORT POTENTIALJapan+ $1.89M

Photographic Chemicals’s highest export potential is Singapore. With an export gap of $68.5k.   Photographic Chemicals’s highest import potential is Japan with an import gap of $1.89M.

See methodology.

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