Sign In
Pricing

2022
Exports $11.7MWorld Rnk 24 / 126
Flag Rnk 315 / 1127
2022
Destination $33.4k Japan
2021 - 2022
FASTEST GROWING MARKET $33.4kJapan
2022
PRODUCT COMPLEXITY IN Casting Machines0.63Rnk 304 / 1025
2022
Imports $16.5MWorld Rnk 32 / 183
Flag Rnk 618 / 1201
2022
Origin $1.92M United States
2021 - 2022
FASTEST GROWING ORIGIN $1.92MUnited States
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $11.7M in Casting Machines, making it the 24th largest exporter of Casting Machines in the world. At the same year, Casting Machines was the 315th most exported product in Philippines. The main destination of Casting Machines exports from Philippines are: Japan ($11.6M), United States ($48.7k), Hong Kong ($38.1k), Singapore ($18.7k), and China ($17.3k).

The fastest growing export markets for Casting Machines of Philippines between 2021 and 2022 were Japan ($33.4k), Hong Kong ($20.9k), and United States ($17.3k).

Imports In 2022, Philippines imported $16.5M in Casting Machines, becoming the 32nd largest importer of Casting Machines in the world. At the same year, Casting Machines was the 618th most imported product in Philippines. Philippines imports Casting Machines primarily from: United States ($4M), China ($3.95M), Japan ($2.92M), Austria ($1.54M), and South Korea ($1.17M).

The fastest growing import markets in Casting Machines for Philippines between 2021 and 2022 were United States ($1.92M), China ($1.58M), and Austria ($890k).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Casting Machines exports accounted up to $560k and imports accounted up to $269k, resulting in a positive trade balance of $290k. Between June 2023 and June 2024 the exports of Philippines'   Casting Machines have decreased by $-570k (-50.5%) from $1.13M to $560k, while imports decreased by $-478k (-64%) from $748k to $269k.

Destinations In June 2024, Casting Machines were exported mostly to Japan ($558k) and Vietnam ($1.77k), and were imported mostly from Japan ($228k), Chinese Taipei ($17.3k), United States ($12.1k), Thailand ($6.65k), and South Korea ($4.17k).

Growth In June 2024, the decrease in Casting Machines's year-by-year exports was explained primarily by a decrease in exports to Japan ($-94.6k or -10.1%). In June 2024, the decrease in Casting Machines's year-by-year imports was explained primarily by a decrease in imports from Thailand ($-131k or -95.2%), Japan ($-15k or -10.8%), and Chinese Taipei ($-13.9k or -98.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-570k(-50.5%)
IMPORT GROWTH (June 2023 - June 2024)$-478k(-64%)
MAIN DESTINATION (June 2024)Japan$558k

This section shows Casting Machines'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 Casting Machines 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)$11.7M
IMPORTS (2022)$16.5M
NET TRADE (2022)-$4.74M

In 2022, Philippines exported $11.7M in Casting Machines. The main destinations of Philippines exports on Casting Machines were Japan ($11.6M), United States ($48.7k), Hong Kong ($38.1k), Singapore ($18.7k), and China ($17.3k).

In 2022, Philippines imported $16.5M in Casting Machines, mainly from United States ($4M), China ($3.95M), Japan ($2.92M), Austria ($1.54M), and South Korea ($1.17M).

Explore Visualizations

Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Casting Machines EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Japan$33.4k (0.29%)
Hong Kong$20.9k (122%)
United States$17.3k (54.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Casting Machines BY Philippines WERE (2021 - 2022):
Thailand-$132k (-93.4%)
China-$25.3k (-59.4%)
India-$23.4k (-100%)
Explore Visualizations

Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Casting Machines were:
China $862M
Italy $360M
Japan $267M
In 2022, Philippines's main importing competitors in Casting Machines were:
United States $350M
India $239M
China $234M

Explore Visualizations

Trade Value of Casting Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $60.4k
TOP IMPORT POTENTIALChina+ $1.96M

Casting Machines’s highest export potential is United States. With an export gap of $60.4k.   Casting Machines’s highest import potential is China with an import gap of $1.96M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

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