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2022
Exports $978kWorld Rnk 62 / 124
Flag Rnk 612 / 1127
2022
Destination $226k United States
2021 - 2022
FASTEST GROWING MARKET $226kUnited States
2022
PRODUCT COMPLEXITY IN Central Heating Boilers0.63Rnk 301 / 1025
2022
Imports $2.01MWorld Rnk 82 / 192
Flag Rnk 946 / 1201
2022
Origin $381k Spain
2021 - 2022
FASTEST GROWING ORIGIN $381kFrance
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $978k in Central Heating Boilers, making it the 62nd largest exporter of Central Heating Boilers in the world. At the same year, Central Heating Boilers was the 612th most exported product in Philippines. The main destination of Central Heating Boilers exports from Philippines are: United States ($976k) and Japan ($1.65k).

The fastest growing export markets for Central Heating Boilers of Philippines between 2021 and 2022 were United States ($226k) and Japan ($1.65k).

Imports In 2022, Philippines imported $2.01M in Central Heating Boilers, becoming the 82nd largest importer of Central Heating Boilers in the world. At the same year, Central Heating Boilers was the 946th most imported product in Philippines. Philippines imports Central Heating Boilers primarily from: Spain ($387k), France ($381k), Chinese Taipei ($333k), United States ($244k), and China ($178k).

The fastest growing import markets in Central Heating Boilers for Philippines between 2021 and 2022 were France ($381k), China ($98.9k), and Spain ($66.6k).

Latest Trends

Jul 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 Central Heating Boilers. 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)$978k
IMPORTS (2022)$2.01M
NET TRADE (2022)-$1.03M

In 2022, Philippines exported $978k in Central Heating Boilers. The main destinations of Philippines exports on Central Heating Boilers were United States ($976k) and Japan ($1.65k).

In 2022, Philippines imported $2.01M in Central Heating Boilers, mainly from Spain ($387k), France ($381k), Chinese Taipei ($333k), United States ($244k), and China ($178k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Central Heating Boilers EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United States$226k (30%)
Japan$1.65k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Central Heating Boilers BY Philippines WERE (2021 - 2022):
Hong Kong-$228k (-100%)
Thailand-$6.16k (-100%)
South Korea-$5.4k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Central Heating Boilers were:
Germany $1.38B
Austria $1.26B
Italy $1.03B
In 2022, Philippines's main importing competitors in Central Heating Boilers were:
Germany $1.74B
France $650M
Italy $636M

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Trade Value of Central Heating Boilers by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $405k
TOP IMPORT POTENTIALChina+ $157k

Central Heating Boilers’s highest export potential is United States. With an export gap of $405k.   Central Heating Boilers’s highest import potential is China with an import gap of $157k.

See methodology.

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