2022
Exports
$43.1kWorld Rnk 69 / 128
Flag Rnk 904 / 1127
2022
PRODUCT COMPLEXITY IN Book-binding Machines
0.87Rnk 220 / 1025
2022
Imports
$1.66MWorld Rnk 60 / 203
Flag Rnk 961 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $43.1k in Book-binding Machines, making it the 69th largest exporter of Book-binding Machines in the world. At the same year, Book-binding Machines was the 904th most exported product in Philippines. The main destination of Book-binding Machines exports from Philippines are: Malaysia ($36.5k), Germany ($4.7k), Guatemala ($996), Micronesia ($324), and Poland ($284).

The fastest growing export markets for Book-binding Machines of Philippines between 2021 and 2022 were Malaysia ($36.5k), Germany ($4.7k), and Guatemala ($996).

Imports In 2022, Philippines imported $1.66M in Book-binding Machines, becoming the 60th largest importer of Book-binding Machines in the world. At the same year, Book-binding Machines was the 961st most imported product in Philippines. Philippines imports Book-binding Machines primarily from: China ($755k), Chinese Taipei ($183k), Japan ($164k), Spain ($139k), and Germany ($117k).

The fastest growing import markets in Book-binding Machines for Philippines between 2021 and 2022 were Chinese Taipei ($157k), China ($115k), and Spain ($112k).

Latest Trends

Sep 2024

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 Book-binding Machines. 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 (2022)$43.1k
IMPORTS (2022)$1.66M
NET TRADE (2022)-$1.61M

In 2022, Philippines exported $43.1k in Book-binding Machines. The main destinations of Philippines exports on Book-binding Machines were Malaysia ($36.5k), Germany ($4.7k), Guatemala ($996), Micronesia ($324), and Poland ($284).

In 2022, Philippines imported $1.66M in Book-binding Machines, mainly from China ($755k), Chinese Taipei ($183k), Japan ($164k), Spain ($139k), and Germany ($117k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Book-binding Machines EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Malaysia$36.5k (1%)
Germany$4.7k (1%)
Guatemala$996 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Book-binding Machines BY Philippines WERE (2021 - 2022):
Indonesia-$52.6k (-100%)
Oman-$13.9k (-100%)
United States-$3.58k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Book-binding Machines were:
In 2022, Philippines's main importing competitors in Book-binding Machines were:

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Trade Value of Book-binding Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $7.37k
TOP IMPORT POTENTIALChina+ $104k

Book-binding Machines’s highest export potential is Germany. With an export gap of $7.37k.   Book-binding Machines’s highest import potential is China with an import gap of $104k.

See methodology.

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