2022
Exports
$1.82kWorld Rnk 76 / 87
Flag Rnk 1057 / 1127
2022
PRODUCT COMPLEXITY IN Cermets
1.9Rnk 12 / 1025
2022
Imports
$2.63MWorld Rnk 42 / 136
Flag Rnk 915 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $1.82k in Cermets, making it the 76th largest exporter of Cermets in the world. At the same year, Cermets was the 1057th most exported product in Philippines. The main destination of Cermets exports from Philippines are: China ($1.82k).

The fastest growing export markets for Cermets of Philippines between 2021 and 2022 were China ($1.2k).

Imports In 2022, Philippines imported $2.63M in Cermets, becoming the 42nd largest importer of Cermets in the world. At the same year, Cermets was the 915th most imported product in Philippines. Philippines imports Cermets primarily from: Japan ($1.13M), Thailand ($908k), United States ($514k), Israel ($55k), and Germany ($11.5k).

The fastest growing import markets in Cermets for Philippines between 2021 and 2022 were Thailand ($908k), Japan ($447k), and United States ($268k).

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 Cermets. 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)$1.82k
IMPORTS (2022)$2.63M
NET TRADE (2022)-$2.62M

In 2022, Philippines exported $1.82k in Cermets. The main destinations of Philippines exports on Cermets were China ($1.82k).

In 2022, Philippines imported $2.63M in Cermets, mainly from Japan ($1.13M), Thailand ($908k), United States ($514k), Israel ($55k), and Germany ($11.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cermets EXPORT MARKETS FOR Philippines WERE (2021 - 2022):China$1.2k (192%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cermets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.94k
TOP IMPORT POTENTIALUnited States+ $65.6k

Cermets’s highest export potential is China. With an export gap of $3.94k.   Cermets’s highest import potential is United States with an import gap of $65.6k.

See methodology.

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