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2022
Exports $1.85MWorld Rnk 50 / 153
Flag Rnk 538 / 1127
2022
Destination $633k Vietnam
2021 - 2022
FASTEST GROWING MARKET $633kVietnam
2022
PRODUCT COMPLEXITY IN Flexible Metal Tubing0.44Rnk 391 / 1025
2022
Imports $17.1MWorld Rnk 41 / 214
Flag Rnk 610 / 1201
2022
Origin $330k China
2021 - 2022
FASTEST GROWING ORIGIN $330kIndia
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $1.85M in Flexible Metal Tubing, making it the 50th largest exporter of Flexible Metal Tubing in the world. At the same year, Flexible Metal Tubing was the 538th most exported product in Philippines. The main destination of Flexible Metal Tubing exports from Philippines are: Vietnam ($1.14M), Japan ($678k), South Korea ($11.3k), Singapore ($6.3k), and China ($5.43k).

The fastest growing export markets for Flexible Metal Tubing of Philippines between 2021 and 2022 were Vietnam ($633k), Japan ($80.2k), and South Korea ($11.3k).

Imports In 2022, Philippines imported $17.1M in Flexible Metal Tubing, becoming the 41st largest importer of Flexible Metal Tubing in the world. At the same year, Flexible Metal Tubing was the 610th most imported product in Philippines. Philippines imports Flexible Metal Tubing primarily from: China ($12.5M), United States ($1.34M), Japan ($1.21M), India ($413k), and Thailand ($341k).

The fastest growing import markets in Flexible Metal Tubing for Philippines between 2021 and 2022 were India ($330k), China ($164k), and Japan ($148k).

Latest Trends

October 2024

About

Overview In October 2024 Philippines' Flexible Metal Tubing exports accounted up to $613 and imports accounted up to $521k, resulting in a negative trade balance of $521k. Between April 2022 and October 2024 the exports of Philippines'   Flexible Metal Tubing have increased by $514 (519%) from $99 to $613, while imports decreased by $-181k (-25.7%) from $702k to $521k.

Destinations In October 2024, Flexible Metal Tubing were exported mostly to United States ($613), and were imported mostly from China ($301k), India ($54.1k), Germany ($51.1k), South Korea ($27.2k), and Chinese Taipei ($20.4k).

Growth In October 2024, the increase in Flexible Metal Tubing's year-by-year exports was explained primarily by an increase in exports to . In October 2024, the decrease in Flexible Metal Tubing's year-by-year imports was explained primarily by a decrease in imports from United States ($-359k or -78.5%) and India ($-67.9k or -96.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (April 2022 - October 2024)$514(519%)
IMPORT GROWTH (October 2023 - October 2024)$-181k(-25.7%)
MAIN DESTINATION (October 2024)United States$613

This section shows Flexible Metal Tubing'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 Flexible Metal Tubing over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.85M
IMPORTS (2022)$17.1M
NET TRADE (2022)-$15.2M

In 2022, Philippines exported $1.85M in Flexible Metal Tubing. The main destinations of Philippines exports on Flexible Metal Tubing were Vietnam ($1.14M), Japan ($678k), South Korea ($11.3k), Singapore ($6.3k), and China ($5.43k).

In 2022, Philippines imported $17.1M in Flexible Metal Tubing, mainly from China ($12.5M), United States ($1.34M), Japan ($1.21M), India ($413k), and Thailand ($341k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Flexible Metal Tubing EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Vietnam$633k (124%)
Japan$80.2k (13.4%)
South Korea$11.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flexible Metal Tubing BY Philippines WERE (2021 - 2022):
Malaysia-$148k (-100%)
United States-$17.8k (-100%)
Italy-$2.69k (-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 Flexible Metal Tubing were:
China $557M
Germany $347M
United States $315M
In 2022, Philippines's main importing competitors in Flexible Metal Tubing were:
United States $369M
Germany $206M
France $128M

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Trade Value of Flexible Metal Tubing by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $202k
TOP IMPORT POTENTIALUnited States+ $637k

Flexible Metal Tubing’s highest export potential is Japan. With an export gap of $202k.   Flexible Metal Tubing’s highest import potential is United States with an import gap of $637k.

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