Sign In
Pricing

2022
Exports $2.4MWorld Rnk 49 / 182
Flag Rnk 502 / 1127
2022
Destination $207k South Korea
2021 - 2022
FASTEST GROWING MARKET $207kSouth Korea
2022
PRODUCT COMPLEXITY IN Cutting Blades1.38Rnk 76 / 1025
2022
Imports $19.1MWorld Rnk 37 / 219
Flag Rnk 585 / 1201
2022
Origin $798k Japan
2021 - 2022
FASTEST GROWING ORIGIN $798kUnited States
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $2.4M in Cutting Blades, making it the 49th largest exporter of Cutting Blades in the world. At the same year, Cutting Blades was the 502nd most exported product in Philippines. The main destination of Cutting Blades exports from Philippines are: South Korea ($1.15M), Malaysia ($322k), Japan ($231k), Indonesia ($206k), and China ($106k).

The fastest growing export markets for Cutting Blades of Philippines between 2021 and 2022 were South Korea ($207k), Indonesia ($91k), and France ($46.7k).

Imports In 2022, Philippines imported $19.1M in Cutting Blades, becoming the 37th largest importer of Cutting Blades in the world. At the same year, Cutting Blades was the 585th most imported product in Philippines. Philippines imports Cutting Blades primarily from: Japan ($4.26M), China ($3.68M), South Korea ($2.9M), Hong Kong ($1.43M), and United States ($1.3M).

The fastest growing import markets in Cutting Blades for Philippines between 2021 and 2022 were United States ($798k), Hong Kong ($437k), and Italy ($161k).

Latest Trends

September 2024

About

Overview In September 2024 Philippines' Cutting Blades exports accounted up to $170k and imports accounted up to $2.88M, resulting in a negative trade balance of $2.71M. Between September 2023 and September 2024 the exports of Philippines'   Cutting Blades have increased by $25.8k (17.9%) from $144k to $170k, while imports increased by $278k (10.7%) from $2.6M to $2.88M.

Destinations In September 2024, Cutting Blades were exported mostly to South Korea ($116k), Japan ($45.8k), Thailand ($8.18k), and Papua New Guinea ($26), and were imported mostly from Japan ($870k), Chinese Taipei ($538k), United States ($447k), China ($284k), and South Korea ($272k).

Growth In September 2024, the increase in Cutting Blades's year-by-year exports was explained primarily by an increase in exports to . In September 2024, the increase in Cutting Blades's year-by-year imports was explained primarily by an increase in imports from Japan ($202k or 102%), China ($120k or 65.9%), and Switzerland ($69.3k or 649%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$25.8k(17.9%)
IMPORT GROWTH (September 2023 - September 2024)$278k(10.7%)
MAIN DESTINATION (September 2024)South Korea$116k

This section shows Cutting Blades'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 Cutting Blades 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)$2.4M
IMPORTS (2022)$19.1M
NET TRADE (2022)-$16.7M

In 2022, Philippines exported $2.4M in Cutting Blades. The main destinations of Philippines exports on Cutting Blades were South Korea ($1.15M), Malaysia ($322k), Japan ($231k), Indonesia ($206k), and China ($106k).

In 2022, Philippines imported $19.1M in Cutting Blades, mainly from Japan ($4.26M), China ($3.68M), South Korea ($2.9M), Hong Kong ($1.43M), and United States ($1.3M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cutting Blades EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
South Korea$207k (21.8%)
Indonesia$91k (78.9%)
France$46.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cutting Blades BY Philippines WERE (2021 - 2022):
Malaysia-$3.77M (-92.1%)
China-$90.2k (-46%)
Vietnam-$53.8k (-34.8%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Cutting Blades were:
Germany $695M
China $604M
United States $343M
In 2022, Philippines's main importing competitors in Cutting Blades were:
United States $489M
Germany $342M
China $169M

Explore Visualizations

Trade Value of Cutting Blades by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $286k
TOP IMPORT POTENTIALChina+ $1.93M

Cutting Blades’s highest export potential is China. With an export gap of $286k.   Cutting Blades’s highest import potential is China with an import gap of $1.93M.

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