Water in Philippines | The Observatory of Economic Complexity

About

Exports In 2022, Philippines exported $325k in Water, making it the 94th largest exporter of Water in the world. At the same year, Water was the 721st most exported product in Philippines. The main destination of Water exports from Philippines are: Northern Mariana Islands ($83.1k), Palau ($50.9k), Micronesia ($35k), Marshall Islands ($32.8k), and United States ($30.3k).

The fastest growing export markets for Water of Philippines between 2021 and 2022 were Northern Mariana Islands ($39.1k), Palau ($21.1k), and Micronesia ($14.8k).

Imports In 2022, Philippines imported $11M in Water, becoming the 48th largest importer of Water in the world. At the same year, Water was the 695th most imported product in Philippines. Philippines imports Water primarily from: Indonesia ($5.86M), France ($2.4M), United States ($775k), South Korea ($618k), and China ($343k).

The fastest growing import markets in Water for Philippines between 2021 and 2022 were France ($1.51M), South Korea ($279k), and Italy ($128k).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Water exports accounted up to $47k and imports accounted up to $613k, resulting in a negative trade balance of $566k. Between June 2023 and June 2024 the exports of Philippines' Water have increased by $27.9k (146%) from $19.1k to $47k, while imports decreased by $-841k (-57.8%) from $1.45M to $613k.

Destinations In June 2024, Water were exported mostly to Palau ($24.2k), Micronesia ($9.54k), Chinese Taipei ($8.34k), Marshall Islands ($4.84k), and Papua New Guinea ($90), and were imported mostly from France ($196k), United States ($177k), Italy ($86.8k), Fiji ($45.5k), and South Korea ($36.4k).

Growth In June 2024, the increase in Water's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the decrease in Water's year-by-year imports was explained primarily by a decrease in imports from Indonesia ($-257k or -41.5%) and United States ($-173k or -51.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)$27.9k(146%)

IMPORT GROWTH (June 2023 - June 2024)$-841k(-57.8%)

MAIN DESTINATION (June 2024)Palau$24.2k

This section shows Water'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 Water over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$325k

IMPORTS (2022)$11M

NET TRADE (2022)-$10.7M

In 2022, Philippines exported $325k in Water. The main destinations of Philippines exports on Water were Northern Mariana Islands ($83.1k), Palau ($50.9k), Micronesia ($35k), Marshall Islands ($32.8k), and United States ($30.3k).

In 2022, Philippines imported $11M in Water, mainly from Indonesia ($5.86M), France ($2.4M), United States ($775k), South Korea ($618k), and China ($343k).

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