2022
Exports
$38.3MWorld Rnk 67 / 210
Flag Rnk 194 / 1127
2022
PRODUCT COMPLEXITY IN Cars
0.9Rnk 207 / 1025
2022
Imports
$4.3BWorld Rnk 32 / 224
Flag Rnk 4 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $38.3M in Cars, making it the 67th largest exporter of Cars in the world. At the same year, Cars was the 194th most exported product in Philippines. The main destination of Cars exports from Philippines are: China ($17.9M), Pakistan ($14.3M), United Arab Emirates ($2.31M), Hong Kong ($1.13M), and United States ($624k).

The fastest growing export markets for Cars of Philippines between 2021 and 2022 were China ($16.9M), United Arab Emirates ($1.34M), and Hong Kong ($1.13M).

Imports In 2022, Philippines imported $4.3B in Cars, becoming the 32nd largest importer of Cars in the world. At the same year, Cars was the 4th most imported product in Philippines. Philippines imports Cars primarily from: Indonesia ($2.08B), Thailand ($879M), China ($727M), Japan ($179M), and South Korea ($82.9M).

The fastest growing import markets in Cars for Philippines between 2021 and 2022 were Indonesia ($881M), China ($405M), and Japan ($83.9M).

COMPANIES In 2023, leading companies such as PVH (Phillips-Van Heusen Corporation) (2), Gap (1), and Michael Kors (1) were at the forefront of shipping Cars from Philippines to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-584k(-53.4%)
IMPORT GROWTH (August 2023 - August 2024)$-27.8M(-6.52%)
MAIN DESTINATION (August 2024)China$368k

This section shows Cars'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 Cars over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$38.3M
IMPORTS (2022)$4.3B
NET TRADE (2022)-$4.26B

In 2022, Philippines exported $38.3M in Cars. The main destinations of Philippines exports on Cars were China ($17.9M), Pakistan ($14.3M), United Arab Emirates ($2.31M), Hong Kong ($1.13M), and United States ($624k).

In 2022, Philippines imported $4.3B in Cars, mainly from Indonesia ($2.08B), Thailand ($879M), China ($727M), Japan ($179M), and South Korea ($82.9M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
China$16.9M (1.86k%)
Hong Kong$1.13M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Philippines WERE (2021 - 2022):
Pakistan-$8.34M (-36.9%)
Djibouti-$493k (-90.6%)
Dominican Republic-$171k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Cars were:
In 2022, Philippines's main importing competitors in Cars were:

Explore Visualizations

Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $1.55M
TOP IMPORT POTENTIALChina+ $291M

Cars’s highest export potential is United Arab Emirates. With an export gap of $1.55M.   Cars’s highest import potential is China with an import gap of $291M.

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