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Pricing

2022
Exports $323kWorld Rnk 69 / 159
Flag Rnk 722 / 1127
2022
Destination $226k United States
2021 - 2022
FASTEST GROWING MARKET $226kUnited States
2022
PRODUCT COMPLEXITY IN Razor Blades-0.27Rnk 638 / 1025
2022
Imports $22.2MWorld Rnk 43 / 215
Flag Rnk 560 / 1201
2022
Origin $3.94M Vietnam
2021 - 2022
FASTEST GROWING ORIGIN $3.94MVietnam
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $323k in Razor Blades, making it the 69th largest exporter of Razor Blades in the world. At the same year, Razor Blades was the 722nd most exported product in Philippines. The main destination of Razor Blades exports from Philippines are: United States ($226k), Singapore ($94.7k), Hong Kong ($1.57k), Austria ($487), and Maldives ($40).

The fastest growing export markets for Razor Blades of Philippines between 2021 and 2022 were United States ($226k), Singapore ($77.1k), and Hong Kong ($1.19k).

Imports In 2022, Philippines imported $22.2M in Razor Blades, becoming the 43rd largest importer of Razor Blades in the world. At the same year, Razor Blades was the 560th most imported product in Philippines. Philippines imports Razor Blades primarily from: Vietnam ($10.6M), China ($7.16M), Singapore ($1.7M), Germany ($508k), and Thailand ($460k).

The fastest growing import markets in Razor Blades for Philippines between 2021 and 2022 were Vietnam ($3.94M), China ($2.79M), and Singapore ($1.43M).

Latest Trends

October 2024

About

Overview In October 2024 Philippines' Razor Blades exports accounted up to $25.6k and imports accounted up to $1.52M, resulting in a negative trade balance of $1.5M. Between October 2023 and October 2024 the exports of Philippines'   Razor Blades have increased by $25.6k (28.1k%) from $91 to $25.6k, while imports increased by $144k (10.5%) from $1.38M to $1.52M.

Destinations In October 2024, Razor Blades were exported mostly to Singapore ($25.6k), and were imported mostly from Vietnam ($1.04M), China ($293k), Greece ($77.5k), Germany ($73.9k), and Mexico ($16.8k).

Growth In October 2024, the increase in Razor Blades's year-by-year exports was explained primarily by an increase in exports to . In October 2024, the increase in Razor Blades's year-by-year imports was explained primarily by an increase in imports from China ($225k or 182%), Vietnam ($221k or 17%), and Germany ($13.2k or 16.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$25.6k(28.1k%)
IMPORT GROWTH (October 2023 - October 2024)$144k(10.5%)
MAIN DESTINATION (October 2024)Singapore$25.6k

This section shows Razor Blades'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 Razor Blades over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$323k
IMPORTS (2022)$22.2M
NET TRADE (2022)-$21.9M

In 2022, Philippines exported $323k in Razor Blades. The main destinations of Philippines exports on Razor Blades were United States ($226k), Singapore ($94.7k), Hong Kong ($1.57k), Austria ($487), and Maldives ($40).

In 2022, Philippines imported $22.2M in Razor Blades, mainly from Vietnam ($10.6M), China ($7.16M), Singapore ($1.7M), Germany ($508k), and Thailand ($460k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Razor Blades EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United States$226k (1%)
Singapore$77.1k (438%)
Hong Kong$1.19k (315%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Razor Blades BY Philippines WERE (2021 - 2022):
Fiji-$22k (-100%)
United Kingdom-$21.9k (-100%)
Pakistan-$2.15k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Razor Blades were:
Poland $891M
China $611M
Mexico $569M
In 2022, Philippines's main importing competitors in Razor Blades were:
United States $623M
Poland $298M
Germany $236M

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Trade Value of Razor Blades by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $168k
TOP IMPORT POTENTIALChina+ $1.73M

Razor Blades’s highest export potential is United States. With an export gap of $168k.   Razor Blades’s highest import potential is China with an import gap of $1.73M.

See methodology.

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