2023
Exports
$2.72kWorld Rnk 78 / 99
Flag Rnk 1047 / 1123
2023
PRODUCT COMPLEXITY IN Carbides
-0.0074Rnk 560 / 1025
2023
Imports
$4.99MWorld Rnk 44 / 179
Flag Rnk 792 / 1202
2023
ECONOMIC COMPLEXITY of Philippines
0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $2.72k in Carbides, making it the 78th largest exporter of Carbides in the world. At the same year, Carbides was the 1047th most exported product in Philippines. The main destination of Carbides exports from Philippines are: Japan ($1.49k), Singapore ($1.12k), Indonesia ($55), and Papua New Guinea ($53).

The fastest growing export markets for Carbides of Philippines between 2022 and 2023 were Japan ($1.49k), Singapore ($1.12k), and Indonesia ($55).

Imports In 2023, Philippines imported $4.99M in Carbides, becoming the 44th largest importer of Carbides in the world. At the same year, Carbides was the 792nd most imported product in Philippines. Philippines imports Carbides primarily from: China ($4.56M), Japan ($114k), United Kingdom ($101k), South Korea ($78.4k), and United States ($37.4k).

The fastest growing import markets in Carbides for Philippines between 2022 and 2023 were South Korea ($52.5k), United States ($27.6k), and Hong Kong ($18.6k).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Carbides. Countries are shown based on data availability.

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

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$2.72k
IMPORTS (2023)$4.99M
NET TRADE (2023)-$4.99M

In 2023, Philippines exported $2.72k in Carbides. The main destinations of Philippines exports on Carbides were Japan ($1.49k), Singapore ($1.12k), Indonesia ($55), and Papua New Guinea ($53).

In 2023, Philippines imported $4.99M in Carbides, mainly from China ($4.56M), Japan ($114k), United Kingdom ($101k), South Korea ($78.4k), and United States ($37.4k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Carbides EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
Japan$1.49k (1%)
Singapore$1.12k (1%)
Indonesia$55 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carbides BY Philippines WERE (2022 - 2023):Belgium-$1.76k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Philippines's main exporting competitors in Carbides were:
In 2023, Philippines's main importing competitors in Carbides were:

Explore Visualizations

Trade Value of Carbides by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBelgium+ $1.06k
TOP IMPORT POTENTIALChina+ $1.13M

Carbides’s highest export potential is Belgium. With an export gap of $1.06k.   Carbides’s highest import potential is China with an import gap of $1.13M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with