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Pricing

2023
Exports $262kWorld Rnk 68 / 140
Flag Rnk 731 / 1123
2023
Destination $52.8k United States
2022 - 2023
FASTEST GROWING MARKET $52.8kUnited States
2023
PRODUCT COMPLEXITY IN Print Production Machinery0.57Rnk 341 / 1025
2023
Imports $5.75MWorld Rnk 45 / 200
Flag Rnk 769 / 1202
2023
Origin $86.8kN/A
2022 - 2023
FASTEST GROWING ORIGIN $86.8kAustralia
2023
ECONOMIC COMPLEXITY of Philippines0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $262k in Print Production Machinery, making it the 68th largest exporter of Print Production Machinery in the world. At the same year, Print Production Machinery was the 731st most exported product in Philippines. The main destination of Print Production Machinery exports from Philippines are: United States ($103k), Malaysia ($75.1k), Germany ($45.1k), Singapore ($8.13k), and Japan ($7.76k).

The fastest growing export markets for Print Production Machinery of Philippines between 2022 and 2023 were United States ($52.8k), Malaysia ($26.2k), and Singapore ($8.13k).

Imports In 2023, Philippines imported $5.75M in Print Production Machinery, becoming the 45th largest importer of Print Production Machinery in the world. At the same year, Print Production Machinery was the 769th most imported product in Philippines. Philippines imports Print Production Machinery primarily from: N/A.

The fastest growing import markets in Print Production Machinery for Philippines between 2022 and 2023 were Australia ($86.8k), Switzerland ($63.2k), and Czechia ($48k).

Latest Trends

July 2024

About

Overview In July 2024 Philippines' Print Production Machinery exports accounted up to $53.1k and imports accounted up to $491k, resulting in a negative trade balance of $438k. Between June 2023 and July 2024 the exports of Philippines'   Print Production Machinery have increased by $49.7k (1.49k%) from $3.33k to $53.1k, while imports increased by $161k (49%) from $329k to $491k.

Destinations In July 2024, Print Production Machinery were exported mostly to Japan ($25k), United States ($17.8k), Malaysia ($10.1k), and Palau ($150), and were imported mostly from Malaysia ($130k), Switzerland ($120k), Indonesia ($104k), South Korea ($49.8k), and China ($42.3k).

Growth In July 2024, the increase in Print Production Machinery's year-by-year exports was explained primarily by an increase in exports to . In July 2024, the increase in Print Production Machinery's year-by-year imports was explained primarily by an increase in imports from Malaysia ($43.7k or 28%), China ($8.2k or 17.7%), and Chinese Taipei ($5.51k or 1.01k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - July 2024)$49.7k(1.49k%)
IMPORT GROWTH (July 2023 - July 2024)$161k(49%)
MAIN DESTINATION (July 2024)Japan$25k

This section shows Print Production Machinery'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 Print Production Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$262k
IMPORTS (2023)$5.75M
NET TRADE (2023)-$5.49M

In 2023, Philippines exported $262k in Print Production Machinery. The main destinations of Philippines exports on Print Production Machinery were United States ($103k), Malaysia ($75.1k), Germany ($45.1k), Singapore ($8.13k), and Japan ($7.76k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Print Production Machinery EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
United States$52.8k (106%)
Malaysia$26.2k (53.5%)
Singapore$8.13k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Print Production Machinery BY Philippines WERE (2022 - 2023):
Italy-$7.4k (-100%)
Indonesia-$5.17k (-82.9%)
Switzerland-$3.56k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Philippines's main exporting competitors in Print Production Machinery were:
Germany $269M
China $233M
Switzerland $79M
In 2023, Philippines's main importing competitors in Print Production Machinery were:
Germany $107M
United States $106M
India $66.6M

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Trade Value of Print Production Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $47.6k
TOP IMPORT POTENTIALChina+ $702k

Print Production Machinery’s highest export potential is United States. With an export gap of $47.6k.   Print Production Machinery’s highest import potential is China with an import gap of $702k.

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