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2022
Exports $1.89kWorld Rnk 90 / 112
Flag Rnk 1054 / 1127
2022
Destination $1.14kN/A
2021 - 2022
FASTEST GROWING MARKET $1.14kJapan
2022
PRODUCT COMPLEXITY IN Fireworks0.54Rnk 355 / 1025
2022
Imports $324kWorld Rnk 106 / 195
Flag Rnk 1088 / 1201
2022
Origin $160k China
2021 - 2022
FASTEST GROWING ORIGIN $160kChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

The fastest growing export markets for Fireworks of Philippines between 2021 and 2022 were Japan ($1.14k) and Ireland ($37).

Imports In 2022, Philippines imported $324k in Fireworks, becoming the 106th largest importer of Fireworks in the world. At the same year, Fireworks was the 1088th most imported product in Philippines. Philippines imports Fireworks primarily from: China ($167k), United States ($103k), Singapore ($32.4k), Sweden ($21.8k), and Namibia ($173).

The fastest growing import markets in Fireworks for Philippines between 2021 and 2022 were China ($160k), United States ($90.6k), and Singapore ($15.6k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Fireworks. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.89k
IMPORTS (2022)$324k
NET TRADE (2022)-$322k

In 2022, Philippines imported $324k in Fireworks, mainly from China ($167k), United States ($103k), Singapore ($32.4k), Sweden ($21.8k), and Namibia ($173).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fireworks EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Japan$1.14k (160%)
Ireland$37 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fireworks BY Philippines WERE (2021 - 2022):
Papua New Guinea-$10.1k (-100%)
Australia-$1.08k (-100%)
Singapore-$65 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Fireworks were:
China $1.29B
Germany $91.7M
France $89.4M
In 2022, Philippines's main importing competitors in Fireworks were:
United States $711M
Germany $94.5M
Netherlands $60.5M

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Trade Value of Fireworks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $547
TOP IMPORT POTENTIALChina+ $241k

Fireworks’s highest export potential is United States. With an export gap of $547.   Fireworks’s highest import potential is China with an import gap of $241k.

See methodology.

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