Raw Copper in Philippines | The Observatory of Economic Complexity

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Exports In 2022, Philippines exported $65.9M in Raw Copper, making it the 20th largest exporter of Raw Copper in the world. At the same year, Raw Copper was the 146th most exported product in Philippines. The main destination of Raw Copper exports from Philippines are: China ($33.7M), Australia ($31.9M), South Korea ($265k), Japan ($19k), and Malaysia ($1.19k).

The fastest growing export markets for Raw Copper of Philippines between 2021 and 2022 were Australia ($31.9M) and Japan ($19k).

Imports In 2022, Philippines imported $685k in Raw Copper, becoming the 34th largest importer of Raw Copper in the world. At the same year, Raw Copper was the 1039th most imported product in Philippines. Philippines imports Raw Copper primarily from: United States ($359k), China ($162k), South Korea ($66.6k), Chinese Taipei ($50.2k), and Netherlands ($11.4k).

The fastest growing import markets in Raw Copper for Philippines between 2021 and 2022 were United States ($158k), China ($39.8k), and Netherlands ($11.4k).

Latest Trends

August 2024

About

Overview In August 2024 Philippines' Raw Copper exports accounted up to $31.1k and imports accounted up to $13.5k, resulting in a positive trade balance of $17.5k. Between July 2022 and August 2024 the exports of Philippines' Raw Copper have increased by $15.8k (103%) from $15.3k to $31.1k, while imports decreased by $-3.15k (-18.9%) from $16.7k to $13.5k.

Destinations In August 2024, Raw Copper were exported mostly to Japan ($31.1k), and were imported mostly from Japan ($13.5k).

Growth In August 2024, the increase in Raw Copper's year-by-year exports was explained primarily by an increase in exports to . In August 2024, the decrease in Raw Copper's year-by-year imports was explained primarily by a decrease in imports from China ($-156k or -98.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (July 2022 - August 2024)$15.8k(103%)

IMPORT GROWTH (August 2023 - August 2024)$-3.15k(-18.9%)

MAIN DESTINATION (August 2024)Japan$31.1k

This section shows Raw Copper'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 Raw Copper over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

EXPORTS (2022)$65.9M

IMPORTS (2022)$685k

NET TRADE (2022)$65.2M

In 2022, Philippines exported $65.9M in Raw Copper. The main destinations of Philippines exports on Raw Copper were China ($33.7M), Australia ($31.9M), South Korea ($265k), Japan ($19k), and Malaysia ($1.19k).

In 2022, Philippines imported $685k in Raw Copper, mainly from United States ($359k), China ($162k), South Korea ($66.6k), Chinese Taipei ($50.2k), and Netherlands ($11.4k).

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