2022
Exports
$1.75BWorld Rnk 15 / 140
Flag Rnk 8 / 1127
2022
PRODUCT COMPLEXITY IN Refined Copper
-1.43Rnk 938 / 1025
2022
Imports
$39.8MWorld Rnk 50 / 184
Flag Rnk 431 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $1.75B in Refined Copper, making it the 15th largest exporter of Refined Copper in the world. At the same year, Refined Copper was the 8th most exported product in Philippines. The main destination of Refined Copper exports from Philippines are: China ($821M), Thailand ($457M), Vietnam ($154M), Indonesia ($117M), and Malaysia ($106M).

The fastest growing export markets for Refined Copper of Philippines between 2021 and 2022 were Malaysia ($76.6M), Indonesia ($53M), and Vietnam ($12.7M).

Imports In 2022, Philippines imported $39.8M in Refined Copper, becoming the 50th largest importer of Refined Copper in the world. At the same year, Refined Copper was the 431st most imported product in Philippines. Philippines imports Refined Copper primarily from: Japan ($28.4M), South Korea ($3.98M), Singapore ($3.66M), Spain ($1.05M), and New Zealand ($1.02M).

The fastest growing import markets in Refined Copper for Philippines between 2021 and 2022 were New Zealand ($562k), Japan ($137k), and Thailand ($64.4k).

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-107M(-67.4%)
IMPORT GROWTH (July 2023 - July 2024)$2.11M(80.1%)
MAIN DESTINATION (July 2024)Thailand$29.6M

This section shows Refined 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 Refined Copper over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$1.75B
IMPORTS (2022)$39.8M
NET TRADE (2022)$1.71B

In 2022, Philippines exported $1.75B in Refined Copper. The main destinations of Philippines exports on Refined Copper were China ($821M), Thailand ($457M), Vietnam ($154M), Indonesia ($117M), and Malaysia ($106M).

In 2022, Philippines imported $39.8M in Refined Copper, mainly from Japan ($28.4M), South Korea ($3.98M), Singapore ($3.66M), Spain ($1.05M), and New Zealand ($1.02M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Copper EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Malaysia$76.6M (260%)
Indonesia$53M (82.3%)
Vietnam$12.7M (8.95%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Copper BY Philippines WERE (2021 - 2022):
China-$426M (-34.2%)
India-$78.1M (-100%)
South Korea-$45.7M (-41.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Refined Copper were:
In 2022, Philippines's main importing competitors in Refined Copper were:

Explore Visualizations

Trade Value of Refined Copper by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $295M
TOP IMPORT POTENTIALSouth Korea+ $2M

Refined Copper’s highest export potential is China. With an export gap of $295M.   Refined Copper’s highest import potential is South Korea with an import gap of $2M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with