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2022
Exports $66.9MWorld Rnk 20 / 200
Flag Rnk 145 / 1127
2022
Destination $6.93M China
2021 - 2022
FASTEST GROWING MARKET $6.93MGermany
2022
PRODUCT COMPLEXITY IN Electric Filament0.68Rnk 281 / 1025
2022
Imports $59MWorld Rnk 35 / 225
Flag Rnk 355 / 1201
2022
Origin $3.61M China
2021 - 2022
FASTEST GROWING ORIGIN $3.61MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $66.9M in Electric Filament, making it the 20th largest exporter of Electric Filament in the world. At the same year, Electric Filament was the 145th most exported product in Philippines. The main destination of Electric Filament exports from Philippines are: China ($11.2M), United States ($10.1M), Netherlands ($8.52M), Germany ($8.46M), and Japan ($6.96M).

The fastest growing export markets for Electric Filament of Philippines between 2021 and 2022 were Germany ($6.93M), Netherlands ($4.8M), and United Kingdom ($1.53M).

Imports In 2022, Philippines imported $59M in Electric Filament, becoming the 35th largest importer of Electric Filament in the world. At the same year, Electric Filament was the 355th most imported product in Philippines. Philippines imports Electric Filament primarily from: China ($31.1M), Japan ($12.6M), Hong Kong ($7.35M), South Korea ($1.17M), and Indonesia ($962k).

The fastest growing import markets in Electric Filament for Philippines between 2021 and 2022 were China ($3.61M), Indonesia ($879k), and Thailand ($345k).

COMPANIES In 2023, leading companies such as Gallo Family Vineyards (3), Puma (3), and Cinmar (1) were at the forefront of shipping Electric Filament from Philippines to the United States.

Latest Trends

September 2024

About

Overview In September 2024 Philippines' Electric Filament exports accounted up to $4.26M and imports accounted up to $7.48M, resulting in a negative trade balance of $3.22M. Between September 2023 and September 2024 the exports of Philippines'   Electric Filament have decreased by $-831k (-16.3%) from $5.09M to $4.26M, while imports increased by $1.95M (35.1%) from $5.54M to $7.48M.

Destinations In September 2024, Electric Filament were exported mostly to United States ($1.47M), China ($1.07M), Germany ($592k), Japan ($342k), and India ($198k), and were imported mostly from China ($5.39M), Japan ($978k), Indonesia ($388k), Malaysia ($140k), and United States ($114k).

Growth In September 2024, the decrease in Electric Filament's year-by-year exports was explained primarily by a decrease in exports to Germany ($-977k or -77.1%), United States ($-585k or -36.3%), and South Korea ($-226k or -58.9%). In September 2024, the increase in Electric Filament's year-by-year imports was explained primarily by an increase in imports from China ($1.12M or 37.9%), Japan ($699k or 147%), and United States ($97.1k or 50.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-831k(-16.3%)
IMPORT GROWTH (September 2023 - September 2024)$1.95M(35.1%)
MAIN DESTINATION (September 2024)United States$1.47M

This section shows Electric Filament'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 Electric Filament over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$66.9M
IMPORTS (2022)$59M
NET TRADE (2022)$7.9M

In 2022, Philippines exported $66.9M in Electric Filament. The main destinations of Philippines exports on Electric Filament were China ($11.2M), United States ($10.1M), Netherlands ($8.52M), Germany ($8.46M), and Japan ($6.96M).

In 2022, Philippines imported $59M in Electric Filament, mainly from China ($31.1M), Japan ($12.6M), Hong Kong ($7.35M), South Korea ($1.17M), and Indonesia ($962k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Filament EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Germany$6.93M (452%)
Netherlands$4.8M (129%)
United Kingdom$1.53M (31.3k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Filament BY Philippines WERE (2021 - 2022):
United States-$16M (-61.3%)
China-$9.46M (-45.8%)
Russia-$1.42M (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Electric Filament were:
China $2.92B
Germany $1.14B
United States $500M
In 2022, Philippines's main importing competitors in Electric Filament were:
United States $1.15B
Germany $648M
China $453M

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Trade Value of Electric Filament by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $11.5M
TOP IMPORT POTENTIALChina+ $12M

Electric Filament’s highest export potential is United States. With an export gap of $11.5M.   Electric Filament’s highest import potential is China with an import gap of $12M.

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