Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) in Philippines

About

Exports In 2023, Philippines exported $3.23M in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705), making it the 47th largest exporter of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) in the world. At the same year, Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) was the 446th most exported product in Philippines. The main destination of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) exports from Philippines are: United States ($1.94M), Australia ($1.05M), Japan ($83.8k), Chinese Taipei ($48.7k), and Germany ($48.3k).

The fastest growing export markets for Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) of Philippines between 2022 and 2023 were United States ($1.93M), Australia ($449k), and Germany ($48.3k).

Imports In 2023, Philippines imported $23.1M in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705), becoming the 42nd largest importer of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) in the world. At the same year, Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) was the 491st most imported product in Philippines. Philippines imports Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) primarily from: India ($11.2M), Japan ($7.44M), China ($2.28M), Thailand ($630k), and Malaysia ($514k).

The fastest growing import markets in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) for Philippines between 2022 and 2023 were India ($2.24M), Malaysia ($434k), and China ($340k).

Latest Trends

May 2024

About

Overview In May 2024 Philippines' Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) exports accounted up to $10.6k and imports accounted up to $1.68M, resulting in a negative trade balance of $1.67M. Between April 2022 and May 2024 the exports of Philippines' Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) have decreased by $-3.57k (-25.2%) from $14.2k to $10.6k, while imports decreased by $-382k (-18.6%) from $2.06M to $1.68M.

Destinations In May 2024, Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) were exported mostly to , and were imported mostly from Japan ($700k), India ($554k), China ($272k), Thailand ($79.1k), and South Korea ($30.3k).

Growth In May 2024, the decrease in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705)'s year-by-year exports was explained primarily by a decrease in exports to . In July 2024, the decrease in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705)'s year-by-year imports was explained primarily by a decrease in imports from Japan ($-230k or -39.2%), South Korea ($-10.5k or -33.9%), and Chinese Taipei ($-1.21k or -13.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (April 2022 - May 2024)$-3.57k(-25.2%)

IMPORT GROWTH (July 2023 - July 2024)$-382k(-18.6%)

MAIN DESTINATION (May 2024)

This section shows Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705)'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 Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2023)$3.23M

IMPORTS (2023)$23.1M

NET TRADE (2023)-$19.9M

In 2023, Philippines exported $3.23M in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705). The main destinations of Philippines exports on Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) were United States ($1.94M), Australia ($1.05M), Japan ($83.8k), Chinese Taipei ($48.7k), and Germany ($48.3k).

In 2023, Philippines imported $23.1M in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705), mainly from India ($11.2M), Japan ($7.44M), China ($2.28M), Thailand ($630k), and Malaysia ($514k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow

Exports

Imports

Starting

Ending

THE FASTEST GROWING Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) EXPORT MARKETS FOR Philippines WERE (2022 - 2023):

United States$1.93M (52.1k%)

Australia$449k (74.6%)

Germany$48.3k (1%)

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) BY Philippines WERE (2022 - 2023):

Netherlands-$14.7k (-100%)

Indonesia-$7.47k (-99.3%)

Japan-$5.61k (-6.27%)

Explore Visualizations