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2022
Exports $1.7BWorld Rnk 9 / 216
Flag Rnk 9 / 1127
2022
Destination $121M United States
2021 - 2022
FASTEST GROWING MARKET $121MUnited States
2022
PRODUCT COMPLEXITY IN Blank Audio Media1.83Rnk 14 / 1025
2022
Imports $525MWorld Rnk 20 / 223
Flag Rnk 72 / 1201
2022
Origin $23.7M Singapore
2021 - 2022
FASTEST GROWING ORIGIN $23.7MSouth Korea
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $1.7B in Blank Audio Media, making it the 9th largest exporter of Blank Audio Media in the world. At the same year, Blank Audio Media was the 9th most exported product in Philippines. The main destination of Blank Audio Media exports from Philippines are: United States ($787M), Mexico ($373M), Hong Kong ($110M), China ($93.9M), and Singapore ($65.5M).

The fastest growing export markets for Blank Audio Media of Philippines between 2021 and 2022 were United States ($121M), China ($81.3M), and Mexico ($74.1M).

Imports In 2022, Philippines imported $525M in Blank Audio Media, becoming the 20th largest importer of Blank Audio Media in the world. At the same year, Blank Audio Media was the 72nd most imported product in Philippines. Philippines imports Blank Audio Media primarily from: Singapore ($253M), Japan ($154M), South Korea ($60.8M), Hong Kong ($20.6M), and United States ($18M).

The fastest growing import markets in Blank Audio Media for Philippines between 2021 and 2022 were South Korea ($23.7M), United States ($8.67M), and Hong Kong ($6.71M).

COMPANIES In 2023, leading companies such as Panasonic (1) were at the forefront of shipping Blank Audio Media from Philippines to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Philippines' Blank Audio Media exports accounted up to $48.4M and imports accounted up to $52.1M, resulting in a negative trade balance of $3.68M. Between August 2023 and August 2024 the exports of Philippines'   Blank Audio Media have increased by $32.7M (208%) from $15.7M to $48.4M, while imports increased by $33.8M (185%) from $18.3M to $52.1M.

Destinations In August 2024, Blank Audio Media were exported mostly to Hong Kong ($16.1M), Czechia ($11.7M), Poland ($7.77M), United States ($7.67M), and Malaysia ($1.28M), and were imported mostly from Singapore ($43.5M), China ($4.27M), Japan ($958k), Malaysia ($921k), and Indonesia ($561k).

Growth In August 2024, the increase in Blank Audio Media's year-by-year exports was explained primarily by an increase in exports to Hong Kong ($5.01M or 1.63k%), Singapore ($2.37M or 594%), and United States ($1.78M or 35.8%). In August 2024, the increase in Blank Audio Media's year-by-year imports was explained primarily by an increase in imports from Hong Kong ($1.5M or 98.4%), United States ($1.24M or 795%), and Thailand ($648k or 6.19k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$32.7M(208%)
IMPORT GROWTH (August 2023 - August 2024)$33.8M(185%)
MAIN DESTINATION (August 2024)Hong Kong$16.1M

This section shows Blank Audio Media'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 Blank Audio Media over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.7B
IMPORTS (2022)$525M
NET TRADE (2022)$1.18B

In 2022, Philippines exported $1.7B in Blank Audio Media. The main destinations of Philippines exports on Blank Audio Media were United States ($787M), Mexico ($373M), Hong Kong ($110M), China ($93.9M), and Singapore ($65.5M).

In 2022, Philippines imported $525M in Blank Audio Media, mainly from Singapore ($253M), Japan ($154M), South Korea ($60.8M), Hong Kong ($20.6M), and United States ($18M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Blank Audio Media EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United States$121M (18.1%)
China$81.3M (651%)
Mexico$74.1M (24.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Blank Audio Media BY Philippines WERE (2021 - 2022):
Poland-$64.6M (-51.5%)
Russia-$12.3M (-100%)
Slovakia-$12.1M (-99.1%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Blank Audio Media were:
South Korea $11.6B
Chinese Taipei $9.42B
Malaysia $7.43B
In 2022, Philippines's main importing competitors in Blank Audio Media were:
United States $14.4B
China $8.38B
Hong Kong $5.38B

Explore Visualizations

Trade Value of Blank Audio Media by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $75.9M
TOP IMPORT POTENTIALSouth Korea+ $38.2M

Blank Audio Media’s highest export potential is China. With an export gap of $75.9M.   Blank Audio Media’s highest import potential is South Korea with an import gap of $38.2M.

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