2022
Exports | Imports
$6.86M | $34.2MWorld Rnk 32 / 105
Flag Rnk 381 / 1127
World Rnk 22 / 176
Flag Rnk 466 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.63Rnk 38 / 124
2022
PRODUCT COMPLEXITY IN Iron Powder
0.84Rnk 231 / 1025

About

Exports In 2022, Philippines exported $6.86M in Iron Powder, making it the 32nd largest exporter of Iron Powder in the world. At the same year, Iron Powder was the 381st most exported product in Philippines. The main destination of Iron Powder exports from Philippines are: Indonesia ($2.76M), Malaysia ($1.84M), South Korea ($1.75M), China ($358k), and Thailand ($147k).

The fastest growing export markets for Iron Powder of Philippines between 2021 and 2022 were Indonesia ($2.76M), Malaysia ($1.01M), and South Korea ($688k).

Imports In 2022, Philippines imported $34.2M in Iron Powder, becoming the 22nd largest importer of Iron Powder in the world. At the same year, Iron Powder was the 466th most imported product in Philippines. Philippines imports Iron Powder primarily from: South Korea ($23.8M), China ($3.49M), Japan ($2.97M), Thailand ($1.14M), and Malaysia ($685k).

The fastest growing import markets in Iron Powder for Philippines between 2021 and 2022 were South Korea ($8.42M), Japan ($904k), and Malaysia ($649k).

COMPANIES In 2020, leading companies such as were at the forefront of shipping Iron Powder from Philippines to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Iron Powder. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.86M
IMPORTS (2022)$34.2M
NET TRADE (2022)-$27.3M

In 2022, Philippines exported $6.86M in Iron Powder. The main destinations of Philippines exports on Iron Powder were Indonesia ($2.76M), Malaysia ($1.84M), South Korea ($1.75M), China ($358k), and Thailand ($147k).

In 2022, Philippines imported $34.2M in Iron Powder, mainly from South Korea ($23.8M), China ($3.49M), Japan ($2.97M), Thailand ($1.14M), and Malaysia ($685k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Powder EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Indonesia$2.76M (1%)
Malaysia$1.01M (122%)
South Korea$688k (64.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Powder BY Philippines WERE (2021 - 2022):
Thailand-$271k (-64.9%)
Japan-$18.2k (-98.6%)
United Arab Emirates-$2.84k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Iron Powder were:
In 2022, Philippines's main importing competitors in Iron Powder were:

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Trade Value of Iron Powder by Exporters

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