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2023
Exports $36.8MWorld Rnk 38 / 158
Flag Rnk 195 / 1123
2023
Destination $347k Japan
2022 - 2023
FASTEST GROWING MARKET $347kMalaysia
2023
PRODUCT COMPLEXITY IN Aluminium Foil0.67Rnk 299 / 1025
2023
Imports $65.5MWorld Rnk 48 / 221
Flag Rnk 285 / 1202
2023
Origin $1.27M China
2022 - 2023
FASTEST GROWING ORIGIN $1.27MIndia
2023
ECONOMIC COMPLEXITY of Philippines0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $36.8M in Aluminium Foil, making it the 38th largest exporter of Aluminium Foil in the world. At the same year, Aluminium Foil was the 195th most exported product in Philippines. The main destination of Aluminium Foil exports from Philippines are: Japan ($34.9M), South Korea ($795k), Malaysia ($347k), Indonesia ($220k), and Chinese Taipei ($160k).

The fastest growing export markets for Aluminium Foil of Philippines between 2022 and 2023 were Malaysia ($347k), India ($102k), and Cambodia ($88.2k).

Imports In 2023, Philippines imported $65.5M in Aluminium Foil, becoming the 48th largest importer of Aluminium Foil in the world. At the same year, Aluminium Foil was the 285th most imported product in Philippines. Philippines imports Aluminium Foil primarily from: China ($38.9M), Malaysia ($6.83M), South Korea ($4.7M), India ($4.37M), and Germany ($1.72M).

The fastest growing import markets in Aluminium Foil for Philippines between 2022 and 2023 were India ($1.27M), Netherlands ($1.1M), and United States ($657k).

Latest Trends

July 2024

About

Overview In July 2024 Philippines' Aluminium Foil exports accounted up to $3.02M and imports accounted up to $5.6M, resulting in a negative trade balance of $2.58M. Between July 2023 and July 2024 the exports of Philippines'   Aluminium Foil have increased by $502k (19.9%) from $2.52M to $3.02M, while imports decreased by $-2.98k (-0.053%) from $5.6M to $5.6M.

Destinations In July 2024, Aluminium Foil were exported mostly to Japan ($2.88M), South Korea ($136k), United States ($1.01k), China ($736), and Singapore ($216), and were imported mostly from China ($3.99M), India ($370k), Malaysia ($369k), South Korea ($336k), and Austria ($130k).

Growth In July 2024, the increase in Aluminium Foil's year-by-year exports was explained primarily by an increase in exports to . In July 2024, the decrease in Aluminium Foil's year-by-year imports was explained primarily by a decrease in imports from Malaysia ($-147k or -23.2%), Germany ($-98.6k or -82.5%), and Austria ($-93.5k or -95.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$502k(19.9%)
IMPORT GROWTH (July 2023 - July 2024)$-2.98k(-0.053%)
MAIN DESTINATION (July 2024)Japan$2.88M

This section shows Aluminium Foil'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 Aluminium Foil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$36.8M
IMPORTS (2023)$65.5M
NET TRADE (2023)-$28.7M

In 2023, Philippines exported $36.8M in Aluminium Foil. The main destinations of Philippines exports on Aluminium Foil were Japan ($34.9M), South Korea ($795k), Malaysia ($347k), Indonesia ($220k), and Chinese Taipei ($160k).

In 2023, Philippines imported $65.5M in Aluminium Foil, mainly from China ($38.9M), Malaysia ($6.83M), South Korea ($4.7M), India ($4.37M), and Germany ($1.72M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Aluminium Foil EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
Malaysia$347k (1%)
India$102k (16.9k%)
Cambodia$88.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Foil BY Philippines WERE (2022 - 2023):
Japan-$5.07M (-12.7%)
Mexico-$159k (-95.6%)
South Korea-$41.9k (-5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Philippines's main exporting competitors in Aluminium Foil were:
China $4.87B
Germany $1.74B
Italy $789M
In 2023, Philippines's main importing competitors in Aluminium Foil were:
United States $1.54B
Germany $1B
Mexico $730M

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Trade Value of Aluminium Foil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $297k
TOP IMPORT POTENTIALChina+ $13.7M

Aluminium Foil’s highest export potential is South Korea. With an export gap of $297k.   Aluminium Foil’s highest import potential is China with an import gap of $13.7M.

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