2023
Exports
$2kWorld Rnk 118 / 131
Flag Rnk 1057 / 1123
2023
PRODUCT COMPLEXITY IN Asphalt Mixtures
-1.43Rnk 935 / 1025
2023
Imports
$1MWorld Rnk 97 / 208
Flag Rnk 980 / 1202
2023
ECONOMIC COMPLEXITY of Philippines
0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $2k in Asphalt Mixtures, making it the 118th largest exporter of Asphalt Mixtures in the world. At the same year, Asphalt Mixtures was the 1057th most exported product in Philippines. The main destination of Asphalt Mixtures exports from Philippines are: Micronesia ($1.94k) and Thailand ($53).

The fastest growing export markets for Asphalt Mixtures of Philippines between 2022 and 2023 were Micronesia ($1.94k).

Imports In 2023, Philippines imported $1M in Asphalt Mixtures, becoming the 97th largest importer of Asphalt Mixtures in the world. At the same year, Asphalt Mixtures was the 980th most imported product in Philippines. Philippines imports Asphalt Mixtures primarily from: Thailand ($259k), United States ($255k), Turkey ($116k), Malaysia ($108k), and United Arab Emirates ($108k).

The fastest growing import markets in Asphalt Mixtures for Philippines between 2022 and 2023 were United Arab Emirates ($67.2k), United States ($42.3k), and Netherlands ($40.4k).

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Asphalt Mixtures. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2k
IMPORTS (2023)$1M
NET TRADE (2023)-$999k

In 2023, Philippines exported $2k in Asphalt Mixtures. The main destinations of Philippines exports on Asphalt Mixtures were Micronesia ($1.94k) and Thailand ($53).

In 2023, Philippines imported $1M in Asphalt Mixtures, mainly from Thailand ($259k), United States ($255k), Turkey ($116k), Malaysia ($108k), and United Arab Emirates ($108k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Asphalt Mixtures EXPORT MARKETS FOR Philippines WERE (2022 - 2023):Micronesia$1.94k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Asphalt Mixtures BY Philippines WERE (2022 - 2023):Thailand-$156 (-74.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Philippines's main exporting competitors in Asphalt Mixtures were:
In 2023, Philippines's main importing competitors in Asphalt Mixtures were:

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Trade Value of Asphalt Mixtures by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $597
TOP IMPORT POTENTIALMalaysia+ $143k

Asphalt Mixtures’s highest export potential is China. With an export gap of $597.   Asphalt Mixtures’s highest import potential is Malaysia with an import gap of $143k.

See methodology.

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