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2022
Exports $88.2MWorld Rnk 17 / 182
Flag Rnk 127 / 1127
2022
Destination $43.2M Japan
2021 - 2022
FASTEST GROWING MARKET $43.2MJapan
2022
PRODUCT COMPLEXITY IN Radio Receivers0.42Rnk 398 / 1025
2022
Imports $246MWorld Rnk 8 / 214
Flag Rnk 135 / 1201
2022
Origin $56.4M China
2021 - 2022
FASTEST GROWING ORIGIN $56.4MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $88.2M in Radio Receivers, making it the 17th largest exporter of Radio Receivers in the world. At the same year, Radio Receivers was the 127th most exported product in Philippines. The main destination of Radio Receivers exports from Philippines are: Japan ($49M), United States ($23.6M), China ($11M), Germany ($1.17M), and Canada ($1.16M).

The fastest growing export markets for Radio Receivers of Philippines between 2021 and 2022 were Japan ($43.2M), United States ($18.3M), and Malaysia ($690k).

Imports In 2022, Philippines imported $246M in Radio Receivers, becoming the 8th largest importer of Radio Receivers in the world. At the same year, Radio Receivers was the 135th most imported product in Philippines. Philippines imports Radio Receivers primarily from: China ($229M), Malaysia ($7.44M), Thailand ($5.37M), Indonesia ($1.33M), and Singapore ($400k).

The fastest growing import markets in Radio Receivers for Philippines between 2021 and 2022 were China ($56.4M), Malaysia ($3.97M), and Indonesia ($574k).

Latest Trends

October 2024

About

Overview In October 2024 Philippines' Radio Receivers exports accounted up to $10.9M and imports accounted up to $2.82M, resulting in a positive trade balance of $8.06M. Between October 2023 and October 2024 the exports of Philippines'   Radio Receivers have increased by $3.74M (52.4%) from $7.14M to $10.9M, while imports decreased by $-206k (-6.83%) from $3.02M to $2.82M.

Destinations In October 2024, Radio Receivers were exported mostly to Japan ($9.67M), United States ($1.19M), Hungary ($9.25k), Malaysia ($4k), and Italy ($3.35k), and were imported mostly from China ($1.36M), Malaysia ($1.1M), Thailand ($222k), Japan ($104k), and Indonesia ($15.3k).

Growth In October 2024, the increase in Radio Receivers's year-by-year exports was explained primarily by an increase in exports to United Kingdom ($4.91k or 16.5%) and Australia ($3.51k or 94.1%). In October 2024, the decrease in Radio Receivers's year-by-year imports was explained primarily by a decrease in imports from China ($-658k or -37.6%), Malaysia ($-27.2k or -13%), and Japan ($-12.6k or -11.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$3.74M(52.4%)
IMPORT GROWTH (October 2023 - October 2024)$-206k(-6.83%)
MAIN DESTINATION (October 2024)Japan$9.67M

This section shows Radio Receivers'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 Radio Receivers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$88.2M
IMPORTS (2022)$246M
NET TRADE (2022)-$157M

In 2022, Philippines exported $88.2M in Radio Receivers. The main destinations of Philippines exports on Radio Receivers were Japan ($49M), United States ($23.6M), China ($11M), Germany ($1.17M), and Canada ($1.16M).

In 2022, Philippines imported $246M in Radio Receivers, mainly from China ($229M), Malaysia ($7.44M), Thailand ($5.37M), Indonesia ($1.33M), and Singapore ($400k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Radio Receivers EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Japan$43.2M (749%)
United States$18.3M (347%)
Malaysia$690k (512%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Radio Receivers BY Philippines WERE (2021 - 2022):
China-$1.5M (-12%)
Portugal-$176k (-99.6%)
Australia-$145k (-85.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Radio Receivers were:
China $4.02B
Mexico $1.85B
Thailand $778M
In 2022, Philippines's main importing competitors in Radio Receivers were:
United States $3.5B
Germany $858M
Mexico $638M

Explore Visualizations

Trade Value of Radio Receivers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.29M
TOP IMPORT POTENTIALThailand+ $5.65M

Radio Receivers’s highest export potential is United States. With an export gap of $3.29M.   Radio Receivers’s highest import potential is Thailand with an import gap of $5.65M.

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