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2022
Exports $160kWorld Rnk 69 / 133
Flag Rnk 793 / 1127
2022
Destination $70.2k Singapore
2021 - 2022
FASTEST GROWING MARKET $70.2kSingapore
2022
PRODUCT COMPLEXITY IN Refractory Ceramics0.84Rnk 228 / 1025
2022
Imports $6.27MWorld Rnk 54 / 195
Flag Rnk 798 / 1201
2022
Origin $404k China
2021 - 2022
FASTEST GROWING ORIGIN $404kChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $160k in Refractory Ceramics, making it the 69th largest exporter of Refractory Ceramics in the world. At the same year, Refractory Ceramics was the 793rd most exported product in Philippines. The main destination of Refractory Ceramics exports from Philippines are: Singapore ($71k), Germany ($48.5k), Oman ($15k), Chinese Taipei ($14k), and United States ($10.5k).

The fastest growing export markets for Refractory Ceramics of Philippines between 2021 and 2022 were Singapore ($70.2k), Germany ($48.5k), and Oman ($15k).

Imports In 2022, Philippines imported $6.27M in Refractory Ceramics, becoming the 54th largest importer of Refractory Ceramics in the world. At the same year, Refractory Ceramics was the 798th most imported product in Philippines. Philippines imports Refractory Ceramics primarily from: China ($1.93M), United States ($918k), Japan ($819k), South Korea ($770k), and United Kingdom ($700k).

The fastest growing import markets in Refractory Ceramics for Philippines between 2021 and 2022 were China ($404k), Japan ($126k), and Belgium ($115k).

Latest Trends

May 2024

About

Overview In May 2024 Philippines' Refractory Ceramics exports accounted up to $271 and imports accounted up to $139k, resulting in a negative trade balance of $138k. Between August 2021 and May 2024 the exports of Philippines'   Refractory Ceramics have increased by $151 (126%) from $120 to $271, while imports decreased by $-67.1k (-32.6%) from $206k to $139k.

Destinations In May 2024, Refractory Ceramics were exported mostly to , and were imported mostly from Chinese Taipei ($57.7k), United States ($45.1k), Australia ($14.4k), Bulgaria ($6.66k), and India ($5.36k).

Growth In May 2024, the increase in Refractory Ceramics's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the decrease in Refractory Ceramics's year-by-year imports was explained primarily by a decrease in imports from Japan ($-65.7k or -91.3%), United States ($-58.2k or -51.5%), and India ($-43.7k or -67.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2021 - May 2024)$151(126%)
IMPORT GROWTH (June 2023 - June 2024)$-67.1k(-32.6%)
MAIN DESTINATION (May 2024)

This section shows Refractory Ceramics'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 Refractory Ceramics over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$160k
IMPORTS (2022)$6.27M
NET TRADE (2022)-$6.11M

In 2022, Philippines exported $160k in Refractory Ceramics. The main destinations of Philippines exports on Refractory Ceramics were Singapore ($71k), Germany ($48.5k), Oman ($15k), Chinese Taipei ($14k), and United States ($10.5k).

In 2022, Philippines imported $6.27M in Refractory Ceramics, mainly from China ($1.93M), United States ($918k), Japan ($819k), South Korea ($770k), and United Kingdom ($700k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refractory Ceramics EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Singapore$70.2k (8.84k%)
Germany$48.5k (1%)
Oman$15k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refractory Ceramics BY Philippines WERE (2021 - 2022):
Malaysia-$14.1k (-100%)
United States-$4.86k (-31.7%)
Japan-$2.27k (-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 Refractory Ceramics were:
China $480M
United States $324M
Germany $312M
In 2022, Philippines's main importing competitors in Refractory Ceramics were:
United States $333M
Germany $141M
South Korea $127M

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Trade Value of Refractory Ceramics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $5.69k
TOP IMPORT POTENTIALChina+ $1.02M

Refractory Ceramics’s highest export potential is Singapore. With an export gap of $5.69k.   Refractory Ceramics’s highest import potential is China with an import gap of $1.02M.

See methodology.

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