2023
Exports
$39.5MWorld Rnk 7 / 176
Flag Rnk 186 / 1123
2023
PRODUCT COMPLEXITY IN Vacuum Flask
0.63Rnk 315 / 1025
2023
Imports
$35.9MWorld Rnk 24 / 213
Flag Rnk 400 / 1202
2023
ECONOMIC COMPLEXITY of Philippines
0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $39.5M in Vacuum Flask, making it the 7th largest exporter of Vacuum Flask in the world. At the same year, Vacuum Flask was the 186th most exported product in Philippines. The main destination of Vacuum Flask exports from Philippines are: Japan ($27.7M), China ($7.47M), South Korea ($2.73M), Hong Kong ($742k), and Indonesia ($180k).

The fastest growing export markets for Vacuum Flask of Philippines between 2022 and 2023 were Japan ($2.33M), South Korea ($591k), and Indonesia ($110k).

Imports In 2018, Philippines imported $35.9M in Vacuum Flask, becoming the 24th largest importer of Vacuum Flask in the world. At the same year, Vacuum Flask was the 400th most imported product in Philippines. Philippines imports Vacuum Flask primarily from: China ($34.5M), Malaysia ($486k), United States ($299k), South Korea ($90.3k), and Netherlands ($74.6k).

The fastest growing import markets in Vacuum Flask for Philippines between 2022 and 2023 were Netherlands ($61.4k), Chinese Taipei ($43.1k), and South Korea ($42.1k).

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$479k(19.4%)
IMPORT GROWTH (July 2023 - July 2024)$109k(4.28%)
MAIN DESTINATION (July 2024)Japan$2.71M

This section shows Vacuum Flask'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 Vacuum Flask over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$39.5M
IMPORTS (2023)$35.9M
NET TRADE (2023)$3.65M

In 2023, Philippines exported $39.5M in Vacuum Flask. The main destinations of Philippines exports on Vacuum Flask were Japan ($27.7M), China ($7.47M), South Korea ($2.73M), Hong Kong ($742k), and Indonesia ($180k).

In 2023, Philippines imported $35.9M in Vacuum Flask, mainly from China ($34.5M), Malaysia ($486k), United States ($299k), South Korea ($90.3k), and Netherlands ($74.6k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vacuum Flask EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
Japan$2.33M (9.18%)
South Korea$591k (27.6%)
Indonesia$110k (157%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vacuum Flask BY Philippines WERE (2022 - 2023):
Hong Kong-$1.74M (-70.1%)
China-$1.21M (-13.9%)
Vietnam-$327k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Philippines's main exporting competitors in Vacuum Flask were:
China $3.79B
Germany $78.8M
In 2023, Philippines's main importing competitors in Vacuum Flask were:

Explore Visualizations

Trade Value of Vacuum Flask by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $950k
TOP IMPORT POTENTIALUnited States+ $559k

Vacuum Flask’s highest export potential is South Korea. With an export gap of $950k.   Vacuum Flask’s highest import potential is United States with an import gap of $559k.

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