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2022
Exports $1.02MWorld Rnk 73 / 165
Flag Rnk 605 / 1127
2022
Destination $841k Japan
2021 - 2022
FASTEST GROWING MARKET $841kJapan
2022
PRODUCT COMPLEXITY IN Plaster Articles-0.24Rnk 628 / 1025
2022
Imports $20.7MWorld Rnk 35 / 222
Flag Rnk 568 / 1201
2022
Origin $5M China
2021 - 2022
FASTEST GROWING ORIGIN $5MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $1.02M in Plaster Articles, making it the 73rd largest exporter of Plaster Articles in the world. At the same year, Plaster Articles was the 605th most exported product in Philippines. The main destination of Plaster Articles exports from Philippines are: Japan ($895k), United States ($51.7k), Thailand ($27.9k), Micronesia ($19.4k), and China ($8.56k).

The fastest growing export markets for Plaster Articles of Philippines between 2021 and 2022 were Japan ($841k), Thailand ($26.7k), and United States ($17.3k).

Imports In 2022, Philippines imported $20.7M in Plaster Articles, becoming the 35th largest importer of Plaster Articles in the world. At the same year, Plaster Articles was the 568th most imported product in Philippines. Philippines imports Plaster Articles primarily from: China ($7.31M), Thailand ($7.16M), Japan ($3.53M), Indonesia ($2.53M), and South Korea ($108k).

The fastest growing import markets in Plaster Articles for Philippines between 2021 and 2022 were China ($5M), Indonesia ($1.67M), and South Korea ($87.4k).

Latest Trends

July 2024

About

Overview In July 2024 Philippines' Plaster Articles exports accounted up to $14.1k and imports accounted up to $2.25M, resulting in a negative trade balance of $2.24M. Between November 2022 and July 2024 the exports of Philippines'   Plaster Articles have increased by $6.63k (88.8%) from $7.46k to $14.1k, while imports increased by $501k (28.6%) from $1.75M to $2.25M.

Destinations In July 2024, Plaster Articles were exported mostly to Japan ($14.1k), and were imported mostly from Thailand ($1.02M), China ($608k), Indonesia ($376k), Japan ($164k), and Italy ($75.7k).

Growth In July 2024, the increase in Plaster Articles's year-by-year exports was explained primarily by an increase in exports to . In July 2024, the increase in Plaster Articles's year-by-year imports was explained primarily by an increase in imports from Indonesia ($192k or 263%), Thailand ($56.1k or 26%), and Japan ($53k or 31.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2022 - July 2024)$6.63k(88.8%)
IMPORT GROWTH (July 2023 - July 2024)$501k(28.6%)
MAIN DESTINATION (July 2024)Japan$14.1k

This section shows Plaster Articles'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 Plaster Articles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.02M
IMPORTS (2022)$20.7M
NET TRADE (2022)-$19.7M

In 2022, Philippines exported $1.02M in Plaster Articles. The main destinations of Philippines exports on Plaster Articles were Japan ($895k), United States ($51.7k), Thailand ($27.9k), Micronesia ($19.4k), and China ($8.56k).

In 2022, Philippines imported $20.7M in Plaster Articles, mainly from China ($7.31M), Thailand ($7.16M), Japan ($3.53M), Indonesia ($2.53M), and South Korea ($108k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Plaster Articles EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Japan$841k (1.56k%)
Thailand$26.7k (2.17k%)
United States$17.3k (50.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plaster Articles BY Philippines WERE (2021 - 2022):
Macau-$4.81k (-100%)
Guam-$4.43k (-100%)
Chinese Taipei-$1.57k (-93.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Plaster Articles were:
Germany $331M
Mexico $301M
Spain $259M
In 2022, Philippines's main importing competitors in Plaster Articles were:
United States $330M
France $202M
Canada $163M

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Trade Value of Plaster Articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $61.6k
TOP IMPORT POTENTIALMalaysia+ $42.4k

Plaster Articles’s highest export potential is United States. With an export gap of $61.6k.   Plaster Articles’s highest import potential is Malaysia with an import gap of $42.4k.

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