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2022
Exports $27.5kWorld Rnk 39 / 91
Flag Rnk 935 / 1127
2022
Destination $12.3k Thailand
2021 - 2022
FASTEST GROWING MARKET $12.3kThailand
2022
Imports $218kWorld Rnk 43 / 139
Flag Rnk 1106 / 1201
2022
Origin $4.61k Hong Kong
2021 - 2022
FASTEST GROWING ORIGIN $4.61kUnited States
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $27.5k in Incomplete Movement Sets, making it the 39th largest exporter of Incomplete Movement Sets in the world. At the same year, Incomplete Movement Sets was the 935th most exported product in Philippines. The main destination of Incomplete Movement Sets exports from Philippines are: Thailand ($13.7k), Netherlands ($8.41k), India ($2.85k), United Kingdom ($1.22k), and China ($740).

The fastest growing export markets for Incomplete Movement Sets of Philippines between 2021 and 2022 were Thailand ($12.3k), United Kingdom ($1.22k), and China ($740).

Imports In 2022, Philippines imported $218k in Incomplete Movement Sets, becoming the 43rd largest importer of Incomplete Movement Sets in the world. At the same year, Incomplete Movement Sets was the 1106th most imported product in Philippines. Philippines imports Incomplete Movement Sets primarily from: Hong Kong ($138k), Switzerland ($31.6k), China ($29.2k), Singapore ($7.82k), and Japan ($6.5k).

The fastest growing import markets in Incomplete Movement Sets for Philippines between 2021 and 2022 were United States ($4.61k), United Kingdom ($408), and Thailand ($58).

Latest Trends

August 2024

About

Overview In August 2024 Philippines' Incomplete Movement Sets exports accounted up to $8.59k and imports accounted up to $226, resulting in a positive trade balance of $8.36k. Between August 2023 and August 2024 the exports of Philippines'   Incomplete Movement Sets have decreased by $-35k (-80.3%) from $43.6k to $8.59k, while imports decreased by $-1.93k (-89.5%) from $2.16k to $226.

Destinations In August 2024, Incomplete Movement Sets were exported mostly to Thailand ($8.59k), and were imported mostly from Switzerland ($226).

Growth In August 2024, the decrease in Incomplete Movement Sets's year-by-year exports was explained primarily by a decrease in exports to . In August 2024, the decrease in Incomplete Movement Sets's year-by-year imports was explained primarily by a decrease in imports from Japan ($-19 or -3.77%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-35k(-80.3%)
IMPORT GROWTH (April 2023 - August 2024)$-1.93k(-89.5%)
MAIN DESTINATION (August 2024)Thailand$8.59k

This section shows Incomplete Movement Sets'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 Incomplete Movement Sets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$27.5k
IMPORTS (2022)$218k
NET TRADE (2022)-$190k

In 2022, Philippines exported $27.5k in Incomplete Movement Sets. The main destinations of Philippines exports on Incomplete Movement Sets were Thailand ($13.7k), Netherlands ($8.41k), India ($2.85k), United Kingdom ($1.22k), and China ($740).

In 2022, Philippines imported $218k in Incomplete Movement Sets, mainly from Hong Kong ($138k), Switzerland ($31.6k), China ($29.2k), Singapore ($7.82k), and Japan ($6.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Incomplete Movement Sets EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Thailand$12.3k (916%)
United Kingdom$1.22k (1%)
China$740 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Incomplete Movement Sets BY Philippines WERE (2021 - 2022):
India-$46.7k (-94.3%)
Netherlands-$7.37k (-46.7%)
Germany-$222 (-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 Incomplete Movement Sets were:
Singapore $72.3M
Malaysia $71.4M
Japan $71.4M
In 2022, Philippines's main importing competitors in Incomplete Movement Sets were:
Japan $99.1M
Hong Kong $91.1M
Singapore $37.4M

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Trade Value of Incomplete Movement Sets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $4.36k
TOP IMPORT POTENTIALChina+ $13.6k

Incomplete Movement Sets’s highest export potential is India. With an export gap of $4.36k.   Incomplete Movement Sets’s highest import potential is China with an import gap of $13.6k.

See methodology.

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