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Pricing

2022
Exports $275MWorld Rnk 26 / 213
Flag Rnk 44 / 1127
2022
Destination $17.2M Mexico
2021 - 2022
FASTEST GROWING MARKET $17.2MHong Kong
2022
PRODUCT COMPLEXITY IN Industrial Printers1.54Rnk 43 / 1025
2022
Imports $444MWorld Rnk 26 / 222
Flag Rnk 79 / 1201
2022
Origin $13.1M China
2021 - 2022
FASTEST GROWING ORIGIN $13.1MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $275M in Industrial Printers, making it the 26th largest exporter of Industrial Printers in the world. At the same year, Industrial Printers was the 44th most exported product in Philippines. The main destination of Industrial Printers exports from Philippines are: Mexico ($47.1M), Brazil ($35.8M), Japan ($27.4M), United States ($27.3M), and Hong Kong ($21.1M).

The fastest growing export markets for Industrial Printers of Philippines between 2021 and 2022 were Hong Kong ($17.2M), Mexico ($15.9M), and Czechia ($8.49M).

Imports In 2022, Philippines imported $444M in Industrial Printers, becoming the 26th largest importer of Industrial Printers in the world. At the same year, Industrial Printers was the 79th most imported product in Philippines. Philippines imports Industrial Printers primarily from: China ($117M), Japan ($111M), Singapore ($59.1M), Hong Kong ($50.4M), and Indonesia ($48M).

The fastest growing import markets in Industrial Printers for Philippines between 2021 and 2022 were China ($13.1M), Germany ($3.86M), and Singapore ($2.87M).

Latest Trends

August 2024

About

Overview In August 2024 Philippines' Industrial Printers exports accounted up to $167M and imports accounted up to $48.7M, resulting in a positive trade balance of $118M. Between August 2023 and August 2024 the exports of Philippines'   Industrial Printers have increased by $21.2M (14.6%) from $145M to $167M, while imports increased by $738k (1.54%) from $48M to $48.7M.

Destinations In August 2024, Industrial Printers were exported mostly to United States ($34.8M), Germany ($23.7M), China ($20.4M), Japan ($10.6M), and India ($7.52M), and were imported mostly from China ($13.4M), Japan ($11.1M), Indonesia ($9.15M), Vietnam ($3.14M), and Singapore ($2.17M).

Growth In August 2024, the increase in Industrial Printers's year-by-year exports was explained primarily by an increase in exports to Germany ($10.3M or 86.6%), Indonesia ($2.29M or 59.8%), and Mexico ($2.16M or 32.3%). In August 2024, the increase in Industrial Printers's year-by-year imports was explained primarily by an increase in imports from China ($4.3M or 61.5%), Indonesia ($4.01M or 95.1%), and Thailand ($2.91M or 397%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$21.2M(14.6%)
IMPORT GROWTH (August 2023 - August 2024)$738k(1.54%)
MAIN DESTINATION (August 2024)United States$34.8M

This section shows Industrial Printers'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 Industrial Printers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$275M
IMPORTS (2022)$444M
NET TRADE (2022)-$169M

In 2022, Philippines exported $275M in Industrial Printers. The main destinations of Philippines exports on Industrial Printers were Mexico ($47.1M), Brazil ($35.8M), Japan ($27.4M), United States ($27.3M), and Hong Kong ($21.1M).

In 2022, Philippines imported $444M in Industrial Printers, mainly from China ($117M), Japan ($111M), Singapore ($59.1M), Hong Kong ($50.4M), and Indonesia ($48M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Industrial Printers EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Hong Kong$17.2M (434%)
Mexico$15.9M (51%)
Czechia$8.49M (142%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Printers BY Philippines WERE (2021 - 2022):
Japan-$40.6M (-59.7%)
Brazil-$18.2M (-33.7%)
France-$11.6M (-43.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Industrial Printers were:
China $10.4B
Japan $8.44B
Germany $5.98B
In 2022, Philippines's main importing competitors in Industrial Printers were:
United States $8.21B
Netherlands $4.02B
Germany $3.94B

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Trade Value of Industrial Printers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $202M
TOP IMPORT POTENTIALChina+ $92.5M

Industrial Printers’s highest export potential is China. With an export gap of $202M.   Industrial Printers’s highest import potential is China with an import gap of $92.5M.

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