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2022
Exports $18.1MWorld Rnk 12 / 79
Flag Rnk 272 / 1127
falsefalse China
2021 - 2022
FASTEST GROWING MARKETfalseChina
2022
PRODUCT COMPLEXITY IN Chromium Ore-2.56Rnk 1021 / 1025
2022
Imports $23.7kWorld Rnk 86 / 111
Flag Rnk 1178 / 1201
2021 - 2022
FASTEST GROWING ORIGINfalsefalse
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $18.1M in Chromium Ore, making it the 12th largest exporter of Chromium Ore in the world. At the same year, Chromium Ore was the 272nd most exported product in Philippines. The main destination of Chromium Ore exports from Philippines are: China ($18.1M), Indonesia ($38), and South Korea ($29).

The fastest growing export markets for Chromium Ore of Philippines between 2021 and 2022 were China ($8.06M), Indonesia ($38), and South Korea ($29).

Imports In 2022, Philippines imported $23.7k in Chromium Ore, becoming the 86th largest importer of Chromium Ore in the world. At the same year, Chromium Ore was the 1178th most imported product in Philippines. Philippines imports Chromium Ore primarily from: South Africa ($22.1k) and Singapore ($1.59k).

Latest Trends

August 2024

About

Overview In August 2024 Philippines' Chromium Ore exports accounted up to $8.97M and imports accounted up to $6.27k, resulting in a positive trade balance of $8.97M. Between March 2022 and August 2024 the exports of Philippines'   Chromium Ore have increased by $3.75M (71.8%) from $5.23M to $8.97M, while imports decreased by $-1.35k (-17.7%) from $7.62k to $6.27k.

Destinations In August 2024, Chromium Ore were exported mostly to , and were imported mostly from .

Growth In August 2024, the increase in Chromium Ore's year-by-year exports was explained primarily by an increase in exports to . In August 2024, the decrease in Chromium Ore's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2022 - August 2024)$3.75M(71.8%)
IMPORT GROWTH (February 2021 - August 2024)$-1.35k(-17.7%)
MAIN DESTINATION (August 2024)

This section shows Chromium Ore'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 Chromium Ore over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$18.1M
IMPORTS (2022)$23.7k
NET TRADE (2022)$18M

In 2022, Philippines exported $18.1M in Chromium Ore. The main destinations of Philippines exports on Chromium Ore were China ($18.1M), Indonesia ($38), and South Korea ($29).

In 2022, Philippines imported $23.7k in Chromium Ore, mainly from South Africa ($22.1k) and Singapore ($1.59k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chromium Ore EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
China$8.06M (80.6%)
Indonesia$38 (1%)
South Korea$29 (1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Chromium Ore were:
South Africa $2.51B
Turkey $342M
Kazakhstan $146M
In 2022, Philippines's main importing competitors in Chromium Ore were:
China $1.8B
Mozambique $916M
Russia $163M

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Trade Value of Chromium Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $5.15M
TOP IMPORT POTENTIALSouth Africa+ $33.3k

Chromium Ore’s highest export potential is China. With an export gap of $5.15M.   Chromium Ore’s highest import potential is South Africa with an import gap of $33.3k.

See methodology.

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