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2022
Exports $17.8MWorld Rnk 41 / 208
Flag Rnk 274 / 1127
2022
Destination $903k United States
2021 - 2022
FASTEST GROWING MARKET $903kHong Kong
2022
PRODUCT COMPLEXITY IN Surveying Equipment0.32Rnk 434 / 1025
2022
Imports $38.5MWorld Rnk 47 / 223
Flag Rnk 438 / 1201
2022
Origin $15.9M Australia
2021 - 2022
FASTEST GROWING ORIGIN $15.9MAustralia
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $17.8M in Surveying Equipment, making it the 41st largest exporter of Surveying Equipment in the world. At the same year, Surveying Equipment was the 274th most exported product in Philippines. The main destination of Surveying Equipment exports from Philippines are: United States ($10.6M), Japan ($2.59M), Singapore ($1.14M), Hong Kong ($930k), and Netherlands ($346k).

The fastest growing export markets for Surveying Equipment of Philippines between 2021 and 2022 were Hong Kong ($903k), Denmark ($341k), and Singapore ($223k).

Imports In 2022, Philippines imported $38.5M in Surveying Equipment, becoming the 47th largest importer of Surveying Equipment in the world. At the same year, Surveying Equipment was the 438th most imported product in Philippines. Philippines imports Surveying Equipment primarily from: Australia ($16.9M), China ($5.36M), United States ($3.14M), Canada ($2.66M), and United Kingdom ($1.36M).

The fastest growing import markets in Surveying Equipment for Philippines between 2021 and 2022 were Australia ($15.9M), Canada ($1.99M), and United Kingdom ($1.14M).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Surveying Equipment exports accounted up to $1.26M and imports accounted up to $2.41M, resulting in a negative trade balance of $1.15M. Between June 2023 and June 2024 the exports of Philippines'   Surveying Equipment have increased by $227k (21.9%) from $1.04M to $1.26M, while imports increased by $1.1M (84.3%) from $1.31M to $2.41M.

Destinations In June 2024, Surveying Equipment were exported mostly to Singapore ($751k), Indonesia ($289k), United States ($185k), China ($29.4k), and Malaysia ($10.6k), and were imported mostly from United States ($1.21M), France ($521k), Australia ($332k), Germany ($56k), and Finland ($47.7k).

Growth In June 2024, the increase in Surveying Equipment's year-by-year exports was explained primarily by an increase in exports to Japan ($562k or 310%). In June 2024, the increase in Surveying Equipment's year-by-year imports was explained primarily by an increase in imports from United Kingdom ($142k or 345%), Japan ($63.1k or 190%), and France ($47.4k or 1.73k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$227k(21.9%)
IMPORT GROWTH (June 2023 - June 2024)$1.1M(84.3%)
MAIN DESTINATION (June 2024)Singapore$751k

This section shows Surveying Equipment'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 Surveying Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$17.8M
IMPORTS (2022)$38.5M
NET TRADE (2022)-$20.7M

In 2022, Philippines exported $17.8M in Surveying Equipment. The main destinations of Philippines exports on Surveying Equipment were United States ($10.6M), Japan ($2.59M), Singapore ($1.14M), Hong Kong ($930k), and Netherlands ($346k).

In 2022, Philippines imported $38.5M in Surveying Equipment, mainly from Australia ($16.9M), China ($5.36M), United States ($3.14M), Canada ($2.66M), and United Kingdom ($1.36M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Surveying Equipment EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Hong Kong$903k (3.45k%)
Denmark$341k (13.4k%)
Singapore$223k (24.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Surveying Equipment BY Philippines WERE (2021 - 2022):
United States-$15.4M (-59.3%)
South Korea-$1.86M (-97.1%)
China-$1.65M (-98.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Surveying Equipment were:
United States $1.59B
China $1.49B
Germany $841M
In 2022, Philippines's main importing competitors in Surveying Equipment were:
United States $1.46B
China $670M
United Kingdom $568M

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Trade Value of Surveying Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.54M
TOP IMPORT POTENTIALChina+ $4.11M

Surveying Equipment’s highest export potential is United States. With an export gap of $2.54M.   Surveying Equipment’s highest import potential is China with an import gap of $4.11M.

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