Refrigerators in Philippines | The Observatory of Economic Complexity

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Exports In 2022, Philippines exported $57.8M in Refrigerators, making it the 51st largest exporter of Refrigerators in the world. At the same year, Refrigerators was the 158th most exported product in Philippines. The main destination of Refrigerators exports from Philippines are: United States ($12.6M), Japan ($9.67M), Czechia ($9.4M), United Kingdom ($8.79M), and Germany ($5.58M).

The fastest growing export markets for Refrigerators of Philippines between 2021 and 2022 were United States ($2.65M), Germany ($2.21M), and France ($1.53M).

Imports In 2022, Philippines imported $479M in Refrigerators, becoming the 32nd largest importer of Refrigerators in the world. At the same year, Refrigerators was the 76th most imported product in Philippines. Philippines imports Refrigerators primarily from: China ($261M), Thailand ($63M), Vietnam ($57.9M), Indonesia ($26.4M), and South Korea ($12.6M).

The fastest growing import markets in Refrigerators for Philippines between 2021 and 2022 were China ($55M), Vietnam ($22.7M), and Thailand ($10.5M).

COMPANIES In 2020, leading companies such as were at the forefront of shipping Refrigerators from Philippines to the United States.

Latest Trends

August 2021

About

Overview In August 2021 Philippines' Refrigerators exports accounted up to $1.18M and imports accounted up to $31.2M, resulting in a negative trade balance of $30M. Between August 2020 and August 2021 the exports of Philippines' Refrigerators have increased by $390k (49.3%) from $791k to $1.18M, while imports decreased by $-7.52M (-19.4%) from $38.7M to $31.2M.

Destinations In August 2021, Refrigerators were exported mostly to Japan ($819k), Germany ($157k), China ($104k), Thailand ($74.1k), and Australia ($9.48k), and were imported mostly from China ($19.9M), Thailand ($3.94M), Vietnam ($1.66M), South Korea ($1.44M), and Chinese Taipei ($762k).

Growth In August 2021, the increase in Refrigerators's year-by-year exports was explained primarily by an increase in exports to Japan ($38.2k or 5.55%) and China ($3.29k or 5.51%). In August 2021, the decrease in Refrigerators's year-by-year imports was explained primarily by a decrease in imports from Denmark ($-365k or -98.1%), Chinese Taipei ($-330k or -29.6%), and Indonesia ($-316k or -8.62%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2020 - August 2021)$390k(49.3%)

IMPORT GROWTH (August 2020 - August 2021)$-7.52M(-19.4%)

MAIN DESTINATION (August 2021)Japan$819k

This section shows Refrigerators'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 Refrigerators over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$57.8M

IMPORTS (2022)$479M

NET TRADE (2022)-$421M

In 2022, Philippines exported $57.8M in Refrigerators. The main destinations of Philippines exports on Refrigerators were United States ($12.6M), Japan ($9.67M), Czechia ($9.4M), United Kingdom ($8.79M), and Germany ($5.58M).

In 2022, Philippines imported $479M in Refrigerators, mainly from China ($261M), Thailand ($63M), Vietnam ($57.9M), Indonesia ($26.4M), and South Korea ($12.6M).

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