NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Exports $717kWorld Rnk 56 / 143
Flag Rnk 613 / 1123
2023
Destination $71.1k Brazil
2022 - 2023
FASTEST GROWING MARKET $71.1kCzechia
2023
PRODUCT COMPLEXITY IN Electrical Insulators0.91Rnk 200 / 1025
2023
Imports $44.4MWorld Rnk 15 / 206
Flag Rnk 365 / 1202
2023
Origin $8.49M China
2022 - 2023
FASTEST GROWING ORIGIN $8.49MChina
2023
ECONOMIC COMPLEXITY of Philippines0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $717k in Electrical Insulators, making it the 56th largest exporter of Electrical Insulators in the world. At the same year, Electrical Insulators was the 613th most exported product in Philippines. The main destination of Electrical Insulators exports from Philippines are: Brazil ($176k), Malaysia ($172k), Singapore ($108k), Czechia ($71.1k), and China ($43.2k).

The fastest growing export markets for Electrical Insulators of Philippines between 2022 and 2023 were Czechia ($71.1k), Switzerland ($30.5k), and Singapore ($26.5k).

Imports In 2023, Philippines imported $44.4M in Electrical Insulators, becoming the 15th largest importer of Electrical Insulators in the world. At the same year, Electrical Insulators was the 365th most imported product in Philippines. Philippines imports Electrical Insulators primarily from: China ($27.4M), United States ($4.8M), Thailand ($2.69M), Hong Kong ($1.84M), and United Arab Emirates ($1.76M).

The fastest growing import markets in Electrical Insulators for Philippines between 2022 and 2023 were China ($8.49M), United States ($2.06M), and United Arab Emirates ($1.75M).

Latest Trends

July 2024

About

Overview In July 2024 Philippines' Electrical Insulators exports accounted up to $78.6k and imports accounted up to $2.06M, resulting in a negative trade balance of $1.98M. Between June 2023 and July 2024 the exports of Philippines'   Electrical Insulators have increased by $69.8k (794%) from $8.79k to $78.6k, while imports decreased by $-1.41M (-40.5%) from $3.47M to $2.06M.

Destinations In July 2024, Electrical Insulators were exported mostly to Chinese Taipei ($67.1k), Italy ($9.33k), Japan ($1.23k), Vietnam ($802), and United States ($160), and were imported mostly from China ($1.12M), United States ($359k), Thailand ($174k), Japan ($110k), and Singapore ($104k).

Growth In July 2024, the increase in Electrical Insulators's year-by-year exports was explained primarily by an increase in exports to Vietnam ($375 or 75%). In July 2024, the decrease in Electrical Insulators's year-by-year imports was explained primarily by a decrease in imports from Italy ($-176k or -99.8%), Malaysia ($-94.7k or -80.9%), and India ($-77.9k or -94.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - July 2024)$69.8k(794%)
IMPORT GROWTH (July 2023 - July 2024)$-1.41M(-40.5%)
MAIN DESTINATION (July 2024)Chinese Taipei$67.1k

This section shows Electrical Insulators'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 Electrical Insulators 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 (2023)$717k
IMPORTS (2023)$44.4M
NET TRADE (2023)-$43.7M

In 2023, Philippines exported $717k in Electrical Insulators. The main destinations of Philippines exports on Electrical Insulators were Brazil ($176k), Malaysia ($172k), Singapore ($108k), Czechia ($71.1k), and China ($43.2k).

In 2023, Philippines imported $44.4M in Electrical Insulators, mainly from China ($27.4M), United States ($4.8M), Thailand ($2.69M), Hong Kong ($1.84M), and United Arab Emirates ($1.76M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electrical Insulators EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
Czechia$71.1k (1%)
Switzerland$30.5k (1%)
Singapore$26.5k (32.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Insulators BY Philippines WERE (2022 - 2023):
Guam-$1.75M (-100%)
United States-$80.5k (-73%)
South Korea-$65.7k (-98.6%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Philippines's main exporting competitors in Electrical Insulators were:
China $823M
United States $226M
Germany $216M
In 2023, Philippines's main importing competitors in Electrical Insulators were:
United States $406M
Saudi Arabia $130M
Germany $125M

Explore Visualizations

Trade Value of Electrical Insulators by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $166k
TOP IMPORT POTENTIALChina+ $1.49M

Electrical Insulators’s highest export potential is United States. With an export gap of $166k.   Electrical Insulators’s highest import potential is China with an import gap of $1.49M.

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