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2023
Exports $2.03MWorld Rnk 70 / 163
Flag Rnk 514 / 1123
2023
Destination $28k Indonesia
2022 - 2023
FASTEST GROWING MARKET $28kHong Kong
2023
PRODUCT COMPLEXITY IN Aluminium Plating0.4Rnk 410 / 1025
2023
Imports $60.2MWorld Rnk 62 / 219
Flag Rnk 303 / 1202
2023
Origin $1.29M China
2022 - 2023
FASTEST GROWING ORIGIN $1.29MThailand
2023
ECONOMIC COMPLEXITY of Philippines0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $2.03M in Aluminium Plating, making it the 70th largest exporter of Aluminium Plating in the world. At the same year, Aluminium Plating was the 514th most exported product in Philippines. The main destination of Aluminium Plating exports from Philippines are: Indonesia ($1.16M), Japan ($664k), China ($61.7k), Denmark ($32.2k), and United Kingdom ($31.8k).

The fastest growing export markets for Aluminium Plating of Philippines between 2022 and 2023 were Hong Kong ($28k), United Kingdom ($25.3k), and Australia ($22.4k).

Imports In 2023, Philippines imported $60.2M in Aluminium Plating, becoming the 62nd largest importer of Aluminium Plating in the world. At the same year, Aluminium Plating was the 303rd most imported product in Philippines. Philippines imports Aluminium Plating primarily from: China ($40M), Japan ($8.21M), South Korea ($3.29M), Germany ($2.98M), and Thailand ($1.88M).

The fastest growing import markets in Aluminium Plating for Philippines between 2022 and 2023 were Thailand ($1.29M), Germany ($898k), and Denmark ($144k).

Latest Trends

July 2024

About

Overview In July 2024 Philippines' Aluminium Plating exports accounted up to $19.7k and imports accounted up to $5.54M, resulting in a negative trade balance of $5.52M. Between July 2023 and July 2024 the exports of Philippines'   Aluminium Plating have decreased by $-122k (-86.1%) from $141k to $19.7k, while imports increased by $1.82M (49%) from $3.72M to $5.54M.

Destinations In July 2024, Aluminium Plating were exported mostly to Japan ($17.8k), United Kingdom ($1.88k), and France ($27), and were imported mostly from China ($3.25M), Japan ($810k), South Korea ($619k), Singapore ($253k), and Germany ($247k).

Growth In July 2024, the decrease in Aluminium Plating's year-by-year exports was explained primarily by a decrease in exports to Japan ($-22.7k or -56.8%). In July 2024, the increase in Aluminium Plating's year-by-year imports was explained primarily by an increase in imports from China ($580k or 27.5%), United States ($24.3k or 209%), and Chinese Taipei ($10.8k or 62.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-122k(-86.1%)
IMPORT GROWTH (July 2023 - July 2024)$1.82M(49%)
MAIN DESTINATION (July 2024)Japan$17.8k

This section shows Aluminium Plating'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 Plating over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.03M
IMPORTS (2023)$60.2M
NET TRADE (2023)-$58.2M

In 2023, Philippines exported $2.03M in Aluminium Plating. The main destinations of Philippines exports on Aluminium Plating were Indonesia ($1.16M), Japan ($664k), China ($61.7k), Denmark ($32.2k), and United Kingdom ($31.8k).

In 2023, Philippines imported $60.2M in Aluminium Plating, mainly from China ($40M), Japan ($8.21M), South Korea ($3.29M), Germany ($2.98M), and Thailand ($1.88M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Aluminium Plating EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
Hong Kong$28k (1%)
United Kingdom$25.3k (393%)
Australia$22.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Plating BY Philippines WERE (2022 - 2023):
Indonesia-$934k (-44.5%)
Japan-$516k (-43.7%)
China-$389k (-86.3%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2023, Philippines's main exporting competitors in Aluminium Plating were:
China $8.62B
Germany $5.29B
United States $3.01B
In 2023, Philippines's main importing competitors in Aluminium Plating were:
Germany $3.34B
United States $3.04B
Mexico $2.66B

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Trade Value of Aluminium Plating by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $501k
TOP IMPORT POTENTIALChina+ $25.7M

Aluminium Plating’s highest export potential is Indonesia. With an export gap of $501k.   Aluminium Plating’s highest import potential is China with an import gap of $25.7M.

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