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2022
Exports $2.5MWorld Rnk 43 / 146
Flag Rnk 494 / 1127
falsefalse Germany
2021 - 2022
FASTEST GROWING MARKETfalseGermany
2022
PRODUCT COMPLEXITY IN Laboratory Ceramic Ware0.87Rnk 221 / 1025
2022
Imports $34.5MWorld Rnk 32 / 208
Flag Rnk 461 / 1201
2021 - 2022
FASTEST GROWING ORIGINfalseN/A
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $2.5M in Laboratory Ceramic Ware, making it the 43rd largest exporter of Laboratory Ceramic Ware in the world. At the same year, Laboratory Ceramic Ware was the 494th most exported product in Philippines. The main destination of Laboratory Ceramic Ware exports from Philippines are: Germany ($1.33M), Switzerland ($317k), United States ($274k), Kuwait ($138k), and Malaysia ($98.5k).

The fastest growing export markets for Laboratory Ceramic Ware of Philippines between 2021 and 2022 were Germany ($356k), United States ($243k), and Kuwait ($129k).

Imports In 2022, Philippines imported $34.5M in Laboratory Ceramic Ware, becoming the 32nd largest importer of Laboratory Ceramic Ware in the world. At the same year, Laboratory Ceramic Ware was the 461st most imported product in Philippines. Philippines imports Laboratory Ceramic Ware primarily from: China ($18.9M), Japan ($6M), South Korea ($3.03M), Chinese Taipei ($2.97M), and Singapore ($1.27M).

Latest Trends

October 2024

About

Overview In October 2024 Philippines' Laboratory Ceramic Ware exports accounted up to $241k and imports accounted up to $878k, resulting in a negative trade balance of $637k. Between October 2023 and October 2024 the exports of Philippines'   Laboratory Ceramic Ware have increased by $224k (1.37k%) from $16.3k to $241k, while imports increased by $266k (43.4%) from $612k to $878k.

Destinations In October 2024, Laboratory Ceramic Ware were exported mostly to China ($239k), Singapore ($1.8k), and Marshall Islands ($180), and were imported mostly from China ($281k), United States ($199k), Singapore ($173k), Japan ($111k), and South Korea ($47.7k).

Growth In October 2024, the increase in Laboratory Ceramic Ware's year-by-year exports was explained primarily by an increase in exports to . In October 2024, the increase in Laboratory Ceramic Ware's year-by-year imports was explained primarily by an increase in imports from Chinese Taipei ($319k or 3.18k%), Singapore ($121k or 1.14k%), and South Korea ($26.5k or 138%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$224k(1.37k%)
IMPORT GROWTH (October 2023 - October 2024)$266k(43.4%)
MAIN DESTINATION (October 2024)China$239k

This section shows Laboratory Ceramic Ware'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 Laboratory Ceramic Ware over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.5M
IMPORTS (2022)$34.5M
NET TRADE (2022)-$32M

In 2022, Philippines exported $2.5M in Laboratory Ceramic Ware. The main destinations of Philippines exports on Laboratory Ceramic Ware were Germany ($1.33M), Switzerland ($317k), United States ($274k), Kuwait ($138k), and Malaysia ($98.5k).

In 2022, Philippines imported $34.5M in Laboratory Ceramic Ware, mainly from China ($18.9M), Japan ($6M), South Korea ($3.03M), Chinese Taipei ($2.97M), and Singapore ($1.27M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Laboratory Ceramic Ware EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Germany$356k (36.7%)
United States$243k (785%)
Kuwait$129k (1.48k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Laboratory Ceramic Ware BY Philippines WERE (2021 - 2022):
Chinese Taipei-$511k (-89.8%)
Switzerland-$489k (-60.7%)
Austria-$95.4k (-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 Laboratory Ceramic Ware were:
United States $1.2B
China $1.14B
Japan $1.02B
In 2022, Philippines's main importing competitors in Laboratory Ceramic Ware were:
United States $997M
Germany $762M
China $608M

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Trade Value of Laboratory Ceramic Ware by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $610k
TOP IMPORT POTENTIALJapan+ $2.04M

Laboratory Ceramic Ware’s highest export potential is Germany. With an export gap of $610k.   Laboratory Ceramic Ware’s highest import potential is Japan with an import gap of $2.04M.

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