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2022
Exports $280kWorld Rnk 95 / 193
Flag Rnk 741 / 1127
2022
Destination $49.6k United States
2021 - 2022
FASTEST GROWING MARKET $49.6kChina
2022
PRODUCT COMPLEXITY IN Aluminium Housewares-0.67Rnk 749 / 1025
2022
Imports $68.7MWorld Rnk 18 / 221
Flag Rnk 337 / 1201
2022
Origin $13.7M China
2021 - 2022
FASTEST GROWING ORIGIN $13.7MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $280k in Aluminium Housewares, making it the 95th largest exporter of Aluminium Housewares in the world. At the same year, Aluminium Housewares was the 741st most exported product in Philippines. The main destination of Aluminium Housewares exports from Philippines are: United States ($85.9k), China ($49.6k), South Africa ($30k), Canada ($22k), and New Zealand ($20.6k).

The fastest growing export markets for Aluminium Housewares of Philippines between 2021 and 2022 were China ($49.6k), South Africa ($30k), and New Zealand ($16.1k).

Imports In 2022, Philippines imported $68.7M in Aluminium Housewares, becoming the 18th largest importer of Aluminium Housewares in the world. At the same year, Aluminium Housewares was the 337th most imported product in Philippines. Philippines imports Aluminium Housewares primarily from: China ($63.4M), United States ($1.79M), South Korea ($1.28M), Italy ($338k), and Hong Kong ($324k).

The fastest growing import markets in Aluminium Housewares for Philippines between 2021 and 2022 were China ($13.7M), United States ($775k), and Hong Kong ($168k).

COMPANIES In 2023, leading companies such as LG Electronics (3) were at the forefront of shipping Aluminium Housewares from Philippines to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Aluminium Housewares exports accounted up to $4.23k and imports accounted up to $266k, resulting in a negative trade balance of $261k. Between June 2023 and June 2024 the exports of Philippines'   Aluminium Housewares have increased by $111 (2.7%) from $4.11k to $4.23k, while imports decreased by $-1M (-79.1%) from $1.27M to $266k.

Destinations In June 2024, Aluminium Housewares were exported mostly to United States ($2.39k), Canada ($977), Netherlands ($628), Qatar ($86), and Guam ($70), and were imported mostly from France ($116k), Germany ($52.8k), South Korea ($25.9k), Vietnam ($21.7k), and Thailand ($18.6k).

Growth In June 2024, the increase in Aluminium Housewares's year-by-year exports was explained primarily by an increase in exports to United States ($322 or 42.3%). In June 2024, the decrease in Aluminium Housewares's year-by-year imports was explained primarily by a decrease in imports from United States ($-72.3k or -93.8%), Spain ($-470 or -49%), and Japan ($-331 or -21.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$111(2.7%)
IMPORT GROWTH (June 2023 - June 2024)$-1M(-79.1%)
MAIN DESTINATION (June 2024)United States$2.39k

This section shows Aluminium Housewares'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 Housewares over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$280k
IMPORTS (2022)$68.7M
NET TRADE (2022)-$68.5M

In 2022, Philippines exported $280k in Aluminium Housewares. The main destinations of Philippines exports on Aluminium Housewares were United States ($85.9k), China ($49.6k), South Africa ($30k), Canada ($22k), and New Zealand ($20.6k).

In 2022, Philippines imported $68.7M in Aluminium Housewares, mainly from China ($63.4M), United States ($1.79M), South Korea ($1.28M), Italy ($338k), and Hong Kong ($324k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aluminium Housewares EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
China$49.6k (1%)
South Africa$30k (1%)
New Zealand$16.1k (358%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Housewares BY Philippines WERE (2021 - 2022):
Japan-$1.26M (-99%)
United States-$67.3k (-43.9%)
Kenya-$32.5k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Aluminium Housewares were:
China $3.86B
Italy $462M
France $305M
In 2022, Philippines's main importing competitors in Aluminium Housewares were:
United States $1.67B
Germany $451M
Japan $440M

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Trade Value of Aluminium Housewares by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $123k
TOP IMPORT POTENTIALChina+ $3.7M

Aluminium Housewares’s highest export potential is United States. With an export gap of $123k.   Aluminium Housewares’s highest import potential is China with an import gap of $3.7M.

See methodology.

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