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2023
Exports $206MWorld Rnk 11 / 183
Flag Rnk 63 / 1123
2023
Destination $18.6M Thailand
2022 - 2023
FASTEST GROWING MARKET $18.6MSouth Korea
2023
PRODUCT COMPLEXITY IN Revolution Counters1.04Rnk 161 / 1025
2023
Imports $14.7MWorld Rnk 43 / 213
Flag Rnk 579 / 1202
2023
Origin $2.73M Indonesia
2022 - 2023
FASTEST GROWING ORIGIN $2.73MIndonesia
2023
ECONOMIC COMPLEXITY of Philippines0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $206M in Revolution Counters, making it the 11th largest exporter of Revolution Counters in the world. At the same year, Revolution Counters was the 63rd most exported product in Philippines. The main destination of Revolution Counters exports from Philippines are: Thailand ($46.9M), South Korea ($44.3M), United States ($30.3M), Japan ($23.8M), and Malaysia ($22.6M).

The fastest growing export markets for Revolution Counters of Philippines between 2022 and 2023 were South Korea ($18.6M), Japan ($16.4M), and United States ($11.8M).

Imports In 2023, Philippines imported $14.7M in Revolution Counters, becoming the 43rd largest importer of Revolution Counters in the world. At the same year, Revolution Counters was the 579th most imported product in Philippines. Philippines imports Revolution Counters primarily from: Indonesia ($8.32M), Thailand ($1.38M), Japan ($1.03M), China ($978k), and Malaysia ($875k).

The fastest growing import markets in Revolution Counters for Philippines between 2022 and 2023 were Indonesia ($2.73M), Thailand ($304k), and Italy ($150k).

Latest Trends

July 2024

About

Overview In July 2024 Philippines' Revolution Counters exports accounted up to $24.1M and imports accounted up to $648k, resulting in a positive trade balance of $23.5M. Between July 2023 and July 2024 the exports of Philippines'   Revolution Counters have increased by $8.96M (59.2%) from $15.1M to $24.1M, while imports increased by $74.7k (13%) from $574k to $648k.

Destinations In July 2024, Revolution Counters were exported mostly to United States ($5.56M), South Korea ($4.86M), Singapore ($2.75M), Japan ($2.33M), and Malaysia ($1.82M), and were imported mostly from Indonesia ($134k), Thailand ($117k), Japan ($107k), Malaysia ($102k), and United States ($72.2k).

Growth In July 2024, the increase in Revolution Counters's year-by-year exports was explained primarily by an increase in exports to Thailand ($2.22M or 144%), United States ($788k or 130%), and South Korea ($467k or 14.9%). In July 2024, the increase in Revolution Counters's year-by-year imports was explained primarily by an increase in imports from Malaysia ($79.3k or 195%), Indonesia ($24.7k or 14.3%), and China ($17.3k or 58.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$8.96M(59.2%)
IMPORT GROWTH (July 2023 - July 2024)$74.7k(13%)
MAIN DESTINATION (July 2024)United States$5.56M

This section shows Revolution Counters'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 Revolution Counters over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$206M
IMPORTS (2023)$14.7M
NET TRADE (2023)$191M

In 2023, Philippines exported $206M in Revolution Counters. The main destinations of Philippines exports on Revolution Counters were Thailand ($46.9M), South Korea ($44.3M), United States ($30.3M), Japan ($23.8M), and Malaysia ($22.6M).

In 2023, Philippines imported $14.7M in Revolution Counters, mainly from Indonesia ($8.32M), Thailand ($1.38M), Japan ($1.03M), China ($978k), and Malaysia ($875k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Revolution Counters EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
South Korea$18.6M (72.7%)
Japan$16.4M (224%)
United States$11.8M (64.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Revolution Counters BY Philippines WERE (2022 - 2023):
Indonesia-$9.33M (-55.4%)
Pakistan-$2.04M (-84.4%)
Vietnam-$287k (-6.73%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Philippines's main exporting competitors in Revolution Counters were:
Mexico $1.29B
Portugal $1.21B
Germany $1.19B
In 2023, Philippines's main importing competitors in Revolution Counters were:
United States $1.78B
Germany $1.18B
China $575M

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Trade Value of Revolution Counters by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $11.8M
TOP IMPORT POTENTIALChina+ $2.04M

Revolution Counters’s highest export potential is United States. With an export gap of $11.8M.   Revolution Counters’s highest import potential is China with an import gap of $2.04M.

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