2022
Exports
$74.9MWorld Rnk 33 / 216
Flag Rnk 137 / 1127
2022
PRODUCT COMPLEXITY IN Gas and Liquid Flow Measuring Instruments
1.18Rnk 107 / 1025
2022
Imports
$49.4MWorld Rnk 53 / 225
Flag Rnk 384 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $74.9M in Gas and Liquid Flow Measuring Instruments, making it the 33rd largest exporter of Gas and Liquid Flow Measuring Instruments in the world. At the same year, Gas and Liquid Flow Measuring Instruments was the 137th most exported product in Philippines. The main destination of Gas and Liquid Flow Measuring Instruments exports from Philippines are: China ($21.5M), Mexico ($14.8M), Thailand ($9.94M), South Korea ($8.19M), and United States ($4.79M).

The fastest growing export markets for Gas and Liquid Flow Measuring Instruments of Philippines between 2021 and 2022 were Mexico ($9.7M), United States ($1.63M), and Thailand ($1.6M).

Imports In 2022, Philippines imported $49.4M in Gas and Liquid Flow Measuring Instruments, becoming the 53rd largest importer of Gas and Liquid Flow Measuring Instruments in the world. At the same year, Gas and Liquid Flow Measuring Instruments was the 384th most imported product in Philippines. Philippines imports Gas and Liquid Flow Measuring Instruments primarily from: Japan ($11M), China ($10.5M), United States ($6.1M), Germany ($4.24M), and Singapore ($3.8M).

The fastest growing import markets in Gas and Liquid Flow Measuring Instruments for Philippines between 2021 and 2022 were China ($2.43M), United States ($1.39M), and Australia ($371k).

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$365k(14%)
IMPORT GROWTH (September 2023 - September 2024)$660k(16.6%)
MAIN DESTINATION (September 2024)Thailand$1.45M

This section shows Gas and Liquid Flow Measuring Instruments'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 Gas and Liquid Flow Measuring Instruments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$74.9M
IMPORTS (2022)$49.4M
NET TRADE (2022)$25.5M

In 2022, Philippines exported $74.9M in Gas and Liquid Flow Measuring Instruments. The main destinations of Philippines exports on Gas and Liquid Flow Measuring Instruments were China ($21.5M), Mexico ($14.8M), Thailand ($9.94M), South Korea ($8.19M), and United States ($4.79M).

In 2022, Philippines imported $49.4M in Gas and Liquid Flow Measuring Instruments, mainly from Japan ($11M), China ($10.5M), United States ($6.1M), Germany ($4.24M), and Singapore ($3.8M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gas and Liquid Flow Measuring Instruments EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Mexico$9.7M (189%)
United States$1.63M (51.3%)
Thailand$1.6M (19.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gas and Liquid Flow Measuring Instruments BY Philippines WERE (2021 - 2022):
Indonesia-$33M (-93.3%)
China-$12.4M (-36.6%)
Malaysia-$9.96M (-74.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Gas and Liquid Flow Measuring Instruments were:
In 2022, Philippines's main importing competitors in Gas and Liquid Flow Measuring Instruments were:

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Trade Value of Gas and Liquid Flow Measuring Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $18.6M
TOP IMPORT POTENTIALChina+ $7.2M

Gas and Liquid Flow Measuring Instruments’s highest export potential is China. With an export gap of $18.6M.   Gas and Liquid Flow Measuring Instruments’s highest import potential is China with an import gap of $7.2M.

See methodology.

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