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2022
Exports $51.1MWorld Rnk 25 / 160
Flag Rnk 57 / 96
2022
Destination $12.7M Australia
2021 - 2022
FASTEST GROWING MARKET $12.7MAustralia
2022
PRODUCT COMPLEXITY IN Explosives, matches, & fireworks0.54Rnk 355 / 1025
2022
Imports $38MWorld Rnk 38 / 219
Flag Rnk 86 / 96
2022
Origin $3.52M India
2021 - 2022
FASTEST GROWING ORIGIN $3.52MRussia
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $51.1M in Explosives, matches, & fireworks, making it the 25th largest exporter of Explosives, matches, & fireworks in the world. At the same year, Explosives, matches, & fireworks was the 57th most exported product in Philippines. The main destination of Explosives, matches, & fireworks exports from Philippines are: Australia ($31.7M), Indonesia ($11.4M), Laos ($1.61M), Thailand ($1.56M), and United States ($911k).

The fastest growing export markets for Explosives, matches, & fireworks of Philippines between 2021 and 2022 were Australia ($12.7M), Laos ($1.56M), and New Zealand ($245k).

Imports In 2022, Philippines imported $38M in Explosives, matches, & fireworks, becoming the 38th largest importer of Explosives, matches, & fireworks in the world. At the same year, Explosives, matches, & fireworks was the 86th most imported product in Philippines. Philippines imports Explosives, matches, & fireworks primarily from: India ($10.4M), Canada ($8.23M), South Korea ($4.84M), Russia ($3.52M), and Australia ($2.72M).

The fastest growing import markets in Explosives, matches, & fireworks for Philippines between 2021 and 2022 were Russia ($3.52M), India ($2.44M), and Australia ($1.32M).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Explosives, matches, & fireworks exports accounted up to $4.76M and imports accounted up to $1.33M, resulting in a positive trade balance of $3.43M. Between June 2023 and June 2024 the exports of Philippines'   Explosives, matches, & fireworks have decreased by $-6.02M (-55.8%) from $10.8M to $4.76M, while imports decreased by $-624k (-31.9%) from $1.96M to $1.33M.

Destinations In June 2024, Explosives, matches, & fireworks were exported mostly to Australia ($2.77M), Indonesia ($1.96M), and Mongolia ($31.2k), and were imported mostly from Canada ($833k), India ($313k), Australia ($160k), Sweden ($18.1k), and Israel ($7.03k).

Growth In June 2024, the decrease in Explosives, matches, & fireworks's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the decrease in Explosives, matches, & fireworks's year-by-year imports was explained primarily by a decrease in imports from Netherlands ($-4.38k or -4.84%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-6.02M(-55.8%)
IMPORT GROWTH (June 2023 - June 2024)$-624k(-31.9%)
MAIN DESTINATION (June 2024)Australia$2.77M

This section shows Explosives, matches, & fireworks'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 Explosives, matches, & fireworks over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$51.1M
IMPORTS (2022)$38M
NET TRADE (2022)$13.1M

In 2022, Philippines exported $51.1M in Explosives, matches, & fireworks. The main destinations of Philippines exports on Explosives, matches, & fireworks were Australia ($31.7M), Indonesia ($11.4M), Laos ($1.61M), Thailand ($1.56M), and United States ($911k).

In 2022, Philippines imported $38M in Explosives, matches, & fireworks, mainly from India ($10.4M), Canada ($8.23M), South Korea ($4.84M), Russia ($3.52M), and Australia ($2.72M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Explosives, matches, & fireworks EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Australia$12.7M (66.5%)
Laos$1.56M (2.7k%)
New Zealand$245k (49.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Explosives, matches, & fireworks BY Philippines WERE (2021 - 2022):
Thailand-$8.19M (-84%)
Indonesia-$3.23M (-22.2%)
United States-$2.49M (-73.2%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Explosives, matches, & fireworks were:
China $1.4B
United States $746M
Germany $359M
In 2022, Philippines's main importing competitors in Explosives, matches, & fireworks were:
United States $1.31B
Germany $250M
Canada $237M

Explore Visualizations

Trade Value of Explosives, matches, & fireworks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $151k
TOP IMPORT POTENTIALChina+ $699k

Explosives, matches, & fireworks’s highest export potential is United Kingdom. With an export gap of $151k.   Explosives, matches, & fireworks’s highest import potential is China with an import gap of $699k.

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