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2022
Exports $1.2MWorld Rnk 41 / 86
Flag Rnk 581 / 1127
2022
Destination $971k South Korea
2021 - 2022
FASTEST GROWING MARKET $971kSouth Korea
2022
PRODUCT COMPLEXITY IN Granulated Slag0.0043Rnk 546 / 1025
2022
Imports $2.06MWorld Rnk 46 / 130
Flag Rnk 944 / 1201
2022
Origin $16.2k Japan
2021 - 2022
FASTEST GROWING ORIGIN $16.2kMalaysia
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $1.2M in Granulated Slag, making it the 41st largest exporter of Granulated Slag in the world. At the same year, Granulated Slag was the 581st most exported product in Philippines. The main destination of Granulated Slag exports from Philippines are: South Korea ($971k), Vietnam ($100k), China ($80.3k), Malaysia ($44.1k), and Indonesia ($7.8k).

The fastest growing export markets for Granulated Slag of Philippines between 2021 and 2022 were South Korea ($971k) and Vietnam ($100k).

Imports In 2022, Philippines imported $2.06M in Granulated Slag, becoming the 46th largest importer of Granulated Slag in the world. At the same year, Granulated Slag was the 944th most imported product in Philippines. Philippines imports Granulated Slag primarily from: Japan ($1.95M), India ($49.4k), South Korea ($35.7k), Malaysia ($16.2k), and Indonesia ($6.76k).

The fastest growing import markets in Granulated Slag for Philippines between 2021 and 2022 were Malaysia ($16.2k), India ($15.6k), and Indonesia ($6.76k).

Latest Trends

January 2023

About

Overview In January 2023 Philippines' Granulated Slag exports accounted up to $7.24k and imports accounted up to $1.51M, resulting in a negative trade balance of $1.5M. Between January 2021 and January 2023 the exports of Philippines'   Granulated Slag have decreased by $-6.64k (-47.8%) from $13.9k to $7.24k, while imports increased by $1.21M (397%) from $304k to $1.51M.

Destinations In January 2023, Granulated Slag were exported mostly to , and were imported mostly from Japan ($1.51M) and Chinese Taipei ($2.08k).

Growth In January 2023, the decrease in Granulated Slag's year-by-year exports was explained primarily by a decrease in exports to . In July 2024, the increase in Granulated Slag's year-by-year imports was explained primarily by an increase in imports from Japan ($216k or 257%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2021 - January 2023)$-6.64k(-47.8%)
IMPORT GROWTH (May 2023 - July 2024)$1.21M(397%)
MAIN DESTINATION (January 2023)

This section shows Granulated Slag'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 Granulated Slag over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.2M
IMPORTS (2022)$2.06M
NET TRADE (2022)-$859k

In 2022, Philippines exported $1.2M in Granulated Slag. The main destinations of Philippines exports on Granulated Slag were South Korea ($971k), Vietnam ($100k), China ($80.3k), Malaysia ($44.1k), and Indonesia ($7.8k).

In 2022, Philippines imported $2.06M in Granulated Slag, mainly from Japan ($1.95M), India ($49.4k), South Korea ($35.7k), Malaysia ($16.2k), and Indonesia ($6.76k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Granulated Slag EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
South Korea$971k (1%)
Vietnam$100k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Granulated Slag BY Philippines WERE (2021 - 2022):
Malaysia-$188k (-81%)
Indonesia-$135k (-94.5%)
China-$124k (-60.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Granulated Slag were:
South Africa $158M
Japan $143M
India $76.2M
In 2022, Philippines's main importing competitors in Granulated Slag were:
United Kingdom $107M
Netherlands $102M
United States $84.4M

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Trade Value of Granulated Slag by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $763
TOP IMPORT POTENTIALIndia+ $85.7k

Granulated Slag’s highest export potential is United States. With an export gap of $763.   Granulated Slag’s highest import potential is India with an import gap of $85.7k.

See methodology.

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