Therapeutic Appliances in Philippines | The Observatory of Economic Complexity

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Exports In 2022, Philippines exported $3.61M in Therapeutic Appliances, making it the 56th largest exporter of Therapeutic Appliances in the world. At the same year, Therapeutic Appliances was the 444th most exported product in Philippines. The main destination of Therapeutic Appliances exports from Philippines are: Japan ($1.53M), United States ($925k), Netherlands ($412k), Oman ($366k), and Spain ($140k).

The fastest growing export markets for Therapeutic Appliances of Philippines between 2021 and 2022 were United States ($778k), Japan ($532k), and Netherlands ($396k).

Imports In 2022, Philippines imported $48.6M in Therapeutic Appliances, becoming the 50th largest importer of Therapeutic Appliances in the world. At the same year, Therapeutic Appliances was the 388th most imported product in Philippines. Philippines imports Therapeutic Appliances primarily from: China ($33.7M), United States ($2.57M), Australia ($1.71M), Germany ($1.49M), and Hong Kong ($1.19M).

The fastest growing import markets in Therapeutic Appliances for Philippines between 2021 and 2022 were Ireland ($855k), Malaysia ($555k), and Australia ($541k).

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

Latest Trends

August 2021

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Overview In August 2021 Philippines' Therapeutic Appliances exports accounted up to $178k and imports accounted up to $4.88M, resulting in a negative trade balance of $4.7M. Between August 2020 and August 2021 the exports of Philippines' Therapeutic Appliances have decreased by $-82.6k (-31.7%) from $260k to $178k, while imports increased by $2.4M (97.2%) from $2.47M to $4.88M.

Destinations In August 2021, Therapeutic Appliances were exported mostly to Japan ($93.6k), Vietnam ($82.3k), Norway ($1.48k), Singapore ($335), and United Kingdom ($67), and were imported mostly from Argentina ($1.9M), China ($1.59M), United States ($384k), Indonesia ($151k), and France ($141k).

Growth In August 2021, the decrease in Therapeutic Appliances's year-by-year exports was explained primarily by a decrease in exports to Germany ($-24.7k or -14.2%) and Japan ($-17.7k or -19.7%). In August 2021, the increase in Therapeutic Appliances's year-by-year imports was explained primarily by an increase in imports from Malaysia ($265k or 543%), United States ($239k or 89.7%), and Singapore ($191k or 592%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2020 - August 2021)$-82.6k(-31.7%)

IMPORT GROWTH (August 2020 - August 2021)$2.4M(97.2%)

MAIN DESTINATION (August 2021)Japan$93.6k

This section shows Therapeutic Appliances'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 Therapeutic Appliances over time.

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