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2022
Destination $3.32MN/A
2021 - 2022
FASTEST GROWING MARKET $3.32MChinese Taipei
2022
PRODUCT COMPLEXITY IN Precious Metal Compounds1.09Rnk 139 / 1025
2022
ImportsfalseWorld Rnk 33 / 184
Flag Rnk 448 / 1201
2022
Origin $1.45M Japan
2021 - 2022
FASTEST GROWING ORIGIN $1.45MJapan
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

The fastest growing export markets for Precious Metal Compounds of Philippines between 2021 and 2022 were Chinese Taipei ($3.32M) and United States ($133k).

Imports In 2022, Philippines imported $37.3M in Precious Metal Compounds, becoming the 33rd largest importer of Precious Metal Compounds in the world. At the same year, Precious Metal Compounds was the 448th most imported product in Philippines. Philippines imports Precious Metal Compounds primarily from: Japan ($23.5M), Chinese Taipei ($9.63M), Hong Kong ($3.05M), Germany ($339k), and South Korea ($271k).

The fastest growing import markets in Precious Metal Compounds for Philippines between 2021 and 2022 were Japan ($1.45M), Hong Kong ($1.01M), and Germany ($275k).

Latest Trends

August 2024

About

Overview In August 2024 Philippines' Precious Metal Compounds exports accounted up to $208k and imports accounted up to $888k, resulting in a negative trade balance of $680k. Between August 2023 and August 2024 the exports of Philippines'   Precious Metal Compounds have decreased by $-177k (-46%) from $385k to $208k, while imports increased by $223k (33.5%) from $665k to $888k.

Destinations In August 2024, Precious Metal Compounds were exported mostly to Chinese Taipei ($208k), and were imported mostly from Japan ($710k), South Korea ($163k), United States ($8.18k), Poland ($4.42k), and Spain ($1.45k).

Growth In August 2024, the decrease in Precious Metal Compounds's year-by-year exports was explained primarily by a decrease in exports to Chinese Taipei ($-86.7k or -36%). In August 2024, the increase in Precious Metal Compounds's year-by-year imports was explained primarily by an increase in imports from India ($2.4k or 654%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-177k(-46%)
IMPORT GROWTH (August 2023 - August 2024)$223k(33.5%)
MAIN DESTINATION (August 2024)Chinese Taipei$208k

This section shows Precious Metal Compounds'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 Precious Metal Compounds over time.

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Historical Data

Trade Balance

Color
IMPORTS (2022)$37.3M

In 2022, Philippines imported $37.3M in Precious Metal Compounds, mainly from Japan ($23.5M), Chinese Taipei ($9.63M), Hong Kong ($3.05M), Germany ($339k), and South Korea ($271k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Compounds EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Chinese Taipei$3.32M (175%)
United States$133k (266%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Compounds BY Philippines WERE (2021 - 2022):
India-$80k (-100%)
China-$42k (-100%)
Japan-$11.9k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Precious Metal Compounds were:
Germany $3.18B
Japan $2.65B
United Kingdom $1.86B
In 2022, Philippines's main importing competitors in Precious Metal Compounds were:
India $1.47B
Czechia $1.07B
Germany $845M

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Trade Value of Precious Metal Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $667
TOP IMPORT POTENTIALGermany+ $761k

Precious Metal Compounds’s highest export potential is India. With an export gap of $667.   Precious Metal Compounds’s highest import potential is Germany with an import gap of $761k.

See methodology.

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