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2023
Exports $2.14MWorld Rnk 41 / 139
Flag Rnk 512 / 1123
2023
Destination $461k Japan
2022 - 2023
FASTEST GROWING MARKET $461kJapan
2023
PRODUCT COMPLEXITY IN Aluminium Pipe Fittings0.72Rnk 275 / 1025
2023
Imports $6.59MWorld Rnk 35 / 211
Flag Rnk 744 / 1202
2023
Origin $1.02M Japan
2022 - 2023
FASTEST GROWING ORIGIN $1.02MGermany
2023
ECONOMIC COMPLEXITY of Philippines0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $2.14M in Aluminium Pipe Fittings, making it the 41st largest exporter of Aluminium Pipe Fittings in the world. At the same year, Aluminium Pipe Fittings was the 512th most exported product in Philippines. The main destination of Aluminium Pipe Fittings exports from Philippines are: Japan ($1.64M), Mexico ($235k), Thailand ($101k), Pakistan ($58k), and China ($33k).

The fastest growing export markets for Aluminium Pipe Fittings of Philippines between 2022 and 2023 were Japan ($461k), Pakistan ($46.4k), and Netherlands ($30.5k).

Imports In 2023, Philippines imported $6.59M in Aluminium Pipe Fittings, becoming the 35th largest importer of Aluminium Pipe Fittings in the world. At the same year, Aluminium Pipe Fittings was the 744th most imported product in Philippines. Philippines imports Aluminium Pipe Fittings primarily from: Japan ($1.67M), China ($1.39M), Germany ($1.04M), South Korea ($937k), and Malaysia ($474k).

The fastest growing import markets in Aluminium Pipe Fittings for Philippines between 2022 and 2023 were Germany ($1.02M), South Korea ($458k), and Japan ($229k).

Latest Trends

July 2024

About

Overview In July 2024 Philippines' Aluminium Pipe Fittings exports accounted up to $326k and imports accounted up to $934k, resulting in a negative trade balance of $608k. Between July 2023 and July 2024 the exports of Philippines'   Aluminium Pipe Fittings have increased by $175k (116%) from $151k to $326k, while imports increased by $537k (135%) from $398k to $934k.

Destinations In July 2024, Aluminium Pipe Fittings were exported mostly to Japan ($317k), Pakistan ($5.77k), China ($2.76k), and Netherlands ($634), and were imported mostly from Thailand ($642k), Japan ($148k), Malaysia ($46.2k), South Korea ($42.2k), and China ($21.9k).

Growth In July 2024, the increase in Aluminium Pipe Fittings's year-by-year exports was explained primarily by an increase in exports to Japan ($189k or 367%) and China ($6.45k or 15.7k%). In July 2024, the increase in Aluminium Pipe Fittings's year-by-year imports was explained primarily by an increase in imports from Japan ($43k or 28.5%), Malaysia ($7.21k or 48.5%), and Netherlands ($3.59k or 267%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$175k(116%)
IMPORT GROWTH (July 2023 - July 2024)$537k(135%)
MAIN DESTINATION (July 2024)Japan$317k

This section shows Aluminium Pipe Fittings'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 Pipe Fittings over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.14M
IMPORTS (2023)$6.59M
NET TRADE (2023)-$4.46M

In 2023, Philippines exported $2.14M in Aluminium Pipe Fittings. The main destinations of Philippines exports on Aluminium Pipe Fittings were Japan ($1.64M), Mexico ($235k), Thailand ($101k), Pakistan ($58k), and China ($33k).

In 2023, Philippines imported $6.59M in Aluminium Pipe Fittings, mainly from Japan ($1.67M), China ($1.39M), Germany ($1.04M), South Korea ($937k), and Malaysia ($474k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Aluminium Pipe Fittings EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
Japan$461k (39%)
Pakistan$46.4k (399%)
Netherlands$30.5k (1.61k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Pipe Fittings BY Philippines WERE (2022 - 2023):
Mexico-$824k (-77.8%)
Qatar-$22.9k (-100%)
Australia-$14.2k (-100%)
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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 Pipe Fittings were:
China $359M
United States $210M
Germany $99.3M
In 2023, Philippines's main importing competitors in Aluminium Pipe Fittings were:
Mexico $157M
United States $153M
Germany $83.8M

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Trade Value of Aluminium Pipe Fittings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $115k
TOP IMPORT POTENTIALChina+ $599k

Aluminium Pipe Fittings’s highest export potential is Mexico. With an export gap of $115k.   Aluminium Pipe Fittings’s highest import potential is China with an import gap of $599k.

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