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2023
Exports $18.5MWorld Rnk 1 / 71
Flag Rnk 258 / 1123
2023
Destination $9.75k Switzerland
2022 - 2023
FASTEST GROWING MARKET $9.75kUnited States
2023
Imports $73.8kWorld Rnk 40 / 117
Flag Rnk 1138 / 1202
2023
Origin $7.27k United States
2022 - 2023
FASTEST GROWING ORIGIN $7.27kGermany
2023
ECONOMIC COMPLEXITY of Philippines0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $18.5M in Gold Clad Metals, making it the 1st largest exporter of Gold Clad Metals in the world. At the same year, Gold Clad Metals was the 258th most exported product in Philippines. The main destination of Gold Clad Metals exports from Philippines are: Switzerland ($17.1M), Japan ($1.34M), United States ($11.2k), Canada ($5.31k), and Poland ($505).

The fastest growing export markets for Gold Clad Metals of Philippines between 2022 and 2023 were United States ($9.75k), Canada ($2.47k), and Poland ($505).

Imports In 2023, Philippines imported $73.8k in Gold Clad Metals, becoming the 40th largest importer of Gold Clad Metals in the world. At the same year, Gold Clad Metals was the 1138th most imported product in Philippines. Philippines imports Gold Clad Metals primarily from: United States ($25.6k), South Korea ($13.5k), Japan ($12.6k), Singapore ($7.29k), and Germany ($7.27k).

The fastest growing import markets in Gold Clad Metals for Philippines between 2022 and 2023 were Germany ($7.27k), China ($6.88k), and Singapore ($4.62k).

Latest Trends

November 2023

About

Overview In November 2023 Philippines' Gold Clad Metals exports accounted up to $17.1M and imports accounted up to $3.83k, resulting in a positive trade balance of $17.1M. Between October 2021 and November 2023 the exports of Philippines'   Gold Clad Metals have increased by $2.44M (16.6%) from $14.7M to $17.1M, while imports increased by $1.4k (57.4%) from $2.44k to $3.83k.

Destinations In November 2023, Gold Clad Metals were exported mostly to , and were imported mostly from .

Growth In November 2023, the increase in Gold Clad Metals's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the increase in Gold Clad Metals's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2021 - November 2023)$2.44M(16.6%)
IMPORT GROWTH (February 2023 - June 2024)$1.4k(57.4%)
MAIN DESTINATION (November 2023)

This section shows Gold Clad Metals'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 Gold Clad Metals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$18.5M
IMPORTS (2023)$73.8k
NET TRADE (2023)$18.4M

In 2023, Philippines exported $18.5M in Gold Clad Metals. The main destinations of Philippines exports on Gold Clad Metals were Switzerland ($17.1M), Japan ($1.34M), United States ($11.2k), Canada ($5.31k), and Poland ($505).

In 2023, Philippines imported $73.8k in Gold Clad Metals, mainly from United States ($25.6k), South Korea ($13.5k), Japan ($12.6k), Singapore ($7.29k), and Germany ($7.27k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Gold Clad Metals EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
United States$9.75k (659%)
Canada$2.47k (87%)
Poland$505 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold Clad Metals BY Philippines WERE (2022 - 2023):
Switzerland-$71.3M (-80.6%)
Japan-$590k (-30.6%)
Ireland-$928 (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Philippines's main exporting competitors in Gold Clad Metals were:
United States $7.95M
Mozambique $7.27M
In 2023, Philippines's main importing competitors in Gold Clad Metals were:
Switzerland $20.3M
United Arab Emirates $7.86M
United States $5.29M

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Trade Value of Gold Clad Metals by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Gold Clad Metals’s highest export potential is N/A. With an export gap of N/A.   Gold Clad Metals’s highest import potential is N/A with an import gap of N/A.

See methodology.

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