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2022
Exports $373kWorld Rnk 33 / 68
Flag Rnk 698 / 1127
2022
Destination $318k Germany
2021 - 2022
FASTEST GROWING MARKET $318kGermany
2022
PRODUCT COMPLEXITY IN Tantalum0.61Rnk 320 / 1025
2022
Imports $8.18MWorld Rnk 19 / 114
Flag Rnk 755 / 1201
2022
Origin $199k China
2021 - 2022
FASTEST GROWING ORIGIN $199kChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $373k in Tantalum, making it the 33rd largest exporter of Tantalum in the world. At the same year, Tantalum was the 698th most exported product in Philippines. The main destination of Tantalum exports from Philippines are: Germany ($318k), Australia ($52.9k), and Japan ($2.46k).

The fastest growing export markets for Tantalum of Philippines between 2021 and 2022 were Germany ($318k), Australia ($52.9k), and Japan ($1.05k).

Imports In 2022, Philippines imported $8.18M in Tantalum, becoming the 19th largest importer of Tantalum in the world. At the same year, Tantalum was the 755th most imported product in Philippines. Philippines imports Tantalum primarily from: China ($5.63M), Germany ($1.68M), Japan ($842k), India ($21.1k), and Thailand ($7.74k).

The fastest growing import markets in Tantalum for Philippines between 2021 and 2022 were China ($199k), India ($21.1k), and Thailand ($7.74k).

Latest Trends

August 2024

About

Overview In August 2024 Philippines' Tantalum exports accounted up to $37.3k and imports accounted up to $2.67M, resulting in a negative trade balance of $2.63M. Between June 2022 and August 2024 the exports of Philippines'   Tantalum have decreased by $-15.7k (-29.6%) from $52.9k to $37.3k, while imports increased by $1.06M (65.7%) from $1.61M to $2.67M.

Destinations In August 2024, Tantalum were exported mostly to , and were imported mostly from Japan ($1.16M), China ($1.11M), Germany ($390k), Austria ($8.72k), and United States ($540).

Growth In August 2024, the decrease in Tantalum's year-by-year exports was explained primarily by a decrease in exports to . In October 2024, the increase in Tantalum's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2022 - August 2024)$-15.7k(-29.6%)
IMPORT GROWTH (October 2023 - October 2024)$1.06M(65.7%)
MAIN DESTINATION (August 2024)

This section shows Tantalum'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 Tantalum over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$373k
IMPORTS (2022)$8.18M
NET TRADE (2022)-$7.81M

In 2022, Philippines exported $373k in Tantalum. The main destinations of Philippines exports on Tantalum were Germany ($318k), Australia ($52.9k), and Japan ($2.46k).

In 2022, Philippines imported $8.18M in Tantalum, mainly from China ($5.63M), Germany ($1.68M), Japan ($842k), India ($21.1k), and Thailand ($7.74k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tantalum EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Germany$318k (1%)
Australia$52.9k (1%)
Japan$1.05k (74.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tantalum BY Philippines WERE (2021 - 2022):South Korea-$91.6k (-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 Tantalum were:
United States $337M
China $311M
Germany $142M
In 2022, Philippines's main importing competitors in Tantalum were:
United States $365M
China $149M
Germany $105M

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Trade Value of Tantalum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $72.6k
TOP IMPORT POTENTIALJapan+ $310k

Tantalum’s highest export potential is Germany. With an export gap of $72.6k.   Tantalum’s highest import potential is Japan with an import gap of $310k.

See methodology.

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