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

2023
Exports $1.21MWorld Rnk 83 / 126
Flag Rnk 557 / 1123
2023
Destination $11.1k Vietnam
2022 - 2023
FASTEST GROWING MARKET $11.1kMalaysia
2023
PRODUCT COMPLEXITY IN Ferroalloys-1.33Rnk 905 / 1025
2023
Imports $27.2MWorld Rnk 60 / 171
Flag Rnk 459 / 1202
2023
Origin $2.83M India
2022 - 2023
FASTEST GROWING ORIGIN $2.83MIndonesia
2023
ECONOMIC COMPLEXITY of Philippines0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $1.21M in Ferroalloys, making it the 83rd largest exporter of Ferroalloys in the world. At the same year, Ferroalloys was the 557th most exported product in Philippines. The main destination of Ferroalloys exports from Philippines are: Vietnam ($1.06M), China ($62.2k), Japan ($58k), Chinese Taipei ($19.6k), and Malaysia ($11.1k).

The fastest growing export markets for Ferroalloys of Philippines between 2022 and 2023 were Malaysia ($11.1k), South Africa ($229), and Sweden ($188).

Imports In 2023, Philippines imported $27.2M in Ferroalloys, becoming the 60th largest importer of Ferroalloys in the world. At the same year, Ferroalloys was the 459th most imported product in Philippines. Philippines imports Ferroalloys primarily from: India ($15M), China ($4.84M), Indonesia ($3.64M), Malaysia ($1.53M), and South Korea ($682k).

The fastest growing import markets in Ferroalloys for Philippines between 2022 and 2023 were Indonesia ($2.83M), Armenia ($195k), and Netherlands ($177k).

Latest Trends

July 2024

About

Overview In July 2024 Philippines' Ferroalloys exports accounted up to $54k and imports accounted up to $936k, resulting in a negative trade balance of $882k. Between July 2023 and July 2024 the exports of Philippines'   Ferroalloys have decreased by $-27k (-33.3%) from $81k to $54k, while imports decreased by $-1.08M (-53.6%) from $2.02M to $936k.

Destinations In July 2024, Ferroalloys were exported mostly to Vietnam ($54k), and were imported mostly from India ($295k), China ($168k), Indonesia ($130k), Russia ($101k), and Japan ($92k).

Growth In July 2024, the decrease in Ferroalloys's year-by-year exports was explained primarily by a decrease in exports to . In July 2024, the decrease in Ferroalloys's year-by-year imports was explained primarily by a decrease in imports from India ($-889k or -39.1%), China ($-439k or -62.1%), and Malaysia ($-420k or -96%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-27k(-33.3%)
IMPORT GROWTH (July 2023 - July 2024)$-1.08M(-53.6%)
MAIN DESTINATION (July 2024)Vietnam$54k

This section shows Ferroalloys'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 Ferroalloys 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)$1.21M
IMPORTS (2023)$27.2M
NET TRADE (2023)-$26M

In 2023, Philippines exported $1.21M in Ferroalloys. The main destinations of Philippines exports on Ferroalloys were Vietnam ($1.06M), China ($62.2k), Japan ($58k), Chinese Taipei ($19.6k), and Malaysia ($11.1k).

In 2023, Philippines imported $27.2M in Ferroalloys, mainly from India ($15M), China ($4.84M), Indonesia ($3.64M), Malaysia ($1.53M), and South Korea ($682k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Ferroalloys EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
Malaysia$11.1k (1%)
South Africa$229 (1%)
Sweden$188 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ferroalloys BY Philippines WERE (2022 - 2023):
Vietnam-$2.08M (-66.2%)
China-$65k (-51.1%)
India-$42.2k (-100%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Philippines's main exporting competitors in Ferroalloys were:
Indonesia $14.8B
South Africa $5.33B
Brazil $4.25B
In 2023, Philippines's main importing competitors in Ferroalloys were:
China $21.1B
United States $2.99B
Netherlands $2.49B

Explore Visualizations

Trade Value of Ferroalloys by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $561k
TOP IMPORT POTENTIALIndia+ $8.36M

Ferroalloys’s highest export potential is China. With an export gap of $561k.   Ferroalloys’s highest import potential is India with an import gap of $8.36M.

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