Glass Mirrors in Philippines | The Observatory of Economic Complexity

About

Exports In 2022, Philippines exported $39.7M in Glass Mirrors, making it the 22nd largest exporter of Glass Mirrors in the world. At the same year, Glass Mirrors was the 189th most exported product in Philippines. The main destination of Glass Mirrors exports from Philippines are: China ($17.3M), Singapore ($11.6M), Hong Kong ($5.26M), United States ($4.29M), and Australia ($277k).

The fastest growing export markets for Glass Mirrors of Philippines between 2021 and 2022 were Singapore ($11.6M), China ($11.3M), and Hong Kong ($5.26M).

Imports In 2022, Philippines imported $82.9M in Glass Mirrors, becoming the 25th largest importer of Glass Mirrors in the world. At the same year, Glass Mirrors was the 301st most imported product in Philippines. Philippines imports Glass Mirrors primarily from: China ($73.5M), Malaysia ($2.71M), Thailand ($1.85M), Indonesia ($1.27M), and Chinese Taipei ($1.21M).

The fastest growing import markets in Glass Mirrors for Philippines between 2021 and 2022 were China ($10.2M), Malaysia ($668k), and Germany ($472k).

Latest Trends

August 2021

About

Overview In August 2021 Philippines' Glass Mirrors exports accounted up to $698k and imports accounted up to $1.14M, resulting in a negative trade balance of $439k. Between August 2020 and August 2021 the exports of Philippines' Glass Mirrors have increased by $114k (19.6%) from $583k to $698k, while imports increased by $328k (40.5%) from $809k to $1.14M.

Destinations In August 2021, Glass Mirrors were exported mostly to China ($660k), United States ($24.5k), Australia ($9.68k), Canada ($2.4k), and United Arab Emirates ($1.19k), and were imported mostly from China ($407k), Singapore ($232k), Malaysia ($162k), Indonesia ($148k), and Japan ($79.1k).

Growth In August 2021, the increase in Glass Mirrors's year-by-year exports was explained primarily by an increase in exports to United States ($32.2k or 181%). In August 2021, the increase in Glass Mirrors's year-by-year imports was explained primarily by an increase in imports from Japan ($136k or 646%), Singapore ($8.1k or 307%), and South Korea ($6.96k or 145%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2020 - August 2021)$114k(19.6%)

IMPORT GROWTH (August 2020 - August 2021)$328k(40.5%)

MAIN DESTINATION (August 2021)China$660k

This section shows Glass Mirrors'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 Glass Mirrors over time.

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