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2023
Exports $32.2MWorld Rnk 49 / 182
Flag Rnk 204 / 1123
2023
Destination $8.45M United States
2022 - 2023
FASTEST GROWING MARKET $8.45MUnited States
2023
PRODUCT COMPLEXITY IN Aluminium Structures0.45Rnk 384 / 1025
2023
Imports $88.6MWorld Rnk 39 / 225
Flag Rnk 230 / 1202
2023
Origin $5.69M China
2022 - 2023
FASTEST GROWING ORIGIN $5.69MChina
2023
ECONOMIC COMPLEXITY of Philippines0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $32.2M in Aluminium Structures, making it the 49th largest exporter of Aluminium Structures in the world. At the same year, Aluminium Structures was the 204th most exported product in Philippines. The main destination of Aluminium Structures exports from Philippines are: United States ($13.5M), Japan ($12.6M), Australia ($4.32M), Sri Lanka ($376k), and Canada ($254k).

The fastest growing export markets for Aluminium Structures of Philippines between 2022 and 2023 were United States ($8.45M), Sri Lanka ($376k), and Canada ($204k).

Imports In 2023, Philippines imported $88.6M in Aluminium Structures, becoming the 39th largest importer of Aluminium Structures in the world. At the same year, Aluminium Structures was the 230th most imported product in Philippines. Philippines imports Aluminium Structures primarily from: China ($56.6M), Japan ($9.84M), Chinese Taipei ($5.92M), United Kingdom ($3.91M), and South Korea ($2.75M).

The fastest growing import markets in Aluminium Structures for Philippines between 2022 and 2023 were China ($5.69M), United Kingdom ($3.89M), and Canada ($1.14M).

Latest Trends

July 2024

About

Overview In July 2024 Philippines' Aluminium Structures exports accounted up to $962k and imports accounted up to $10.6M, resulting in a negative trade balance of $9.62M. Between July 2023 and July 2024 the exports of Philippines'   Aluminium Structures have decreased by $-10.8M (-91.8%) from $11.8M to $962k, while imports increased by $1.37M (14.9%) from $9.21M to $10.6M.

Destinations In July 2024, Aluminium Structures were exported mostly to Japan ($652k), Chinese Taipei ($112k), China ($103k), Canada ($87k), and Vietnam ($3.46k), and were imported mostly from China ($5.81M), Malaysia ($1.75M), Japan ($1.23M), South Korea ($899k), and Thailand ($308k).

Growth In July 2024, the decrease in Aluminium Structures's year-by-year exports was explained primarily by a decrease in exports to Canada ($-65.7k or -93.7%). In July 2024, the increase in Aluminium Structures's year-by-year imports was explained primarily by an increase in imports from Chinese Taipei ($80.5k or 7.7%), Hong Kong ($79.2k or 491%), and India ($69.2k or 6.28k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-10.8M(-91.8%)
IMPORT GROWTH (July 2023 - July 2024)$1.37M(14.9%)
MAIN DESTINATION (July 2024)Japan$652k

This section shows Aluminium Structures'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 Structures over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$32.2M
IMPORTS (2023)$88.6M
NET TRADE (2023)-$56.4M

In 2023, Philippines exported $32.2M in Aluminium Structures. The main destinations of Philippines exports on Aluminium Structures were United States ($13.5M), Japan ($12.6M), Australia ($4.32M), Sri Lanka ($376k), and Canada ($254k).

In 2023, Philippines imported $88.6M in Aluminium Structures, mainly from China ($56.6M), Japan ($9.84M), Chinese Taipei ($5.92M), United Kingdom ($3.91M), and South Korea ($2.75M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Aluminium Structures EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
United States$8.45M (168%)
Sri Lanka$376k (1%)
Canada$204k (408%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Structures BY Philippines WERE (2022 - 2023):
Japan-$2.23M (-15%)
Papua New Guinea-$467k (-97.3%)
Guinea-$431k (-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 Structures were:
China $4.97B
Germany $1.72B
Poland $899M
In 2023, Philippines's main importing competitors in Aluminium Structures were:
United States $2.92B
Germany $1.54B
France $973M

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Trade Value of Aluminium Structures by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.39M
TOP IMPORT POTENTIALChina+ $7.3M

Aluminium Structures’s highest export potential is United States. With an export gap of $4.39M.   Aluminium Structures’s highest import potential is China with an import gap of $7.3M.

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