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2022
Exports $33MWorld Rnk 44 / 211
Flag Rnk 207 / 1127
2022
Destination $2.04M Hong Kong
2021 - 2022
FASTEST GROWING MARKET $2.04MMalaysia
2022
PRODUCT COMPLEXITY IN Liquid Dispersing Machines1.1Rnk 132 / 1025
2022
Imports $110MWorld Rnk 46 / 226
Flag Rnk 244 / 1201
2022
Origin $3.62M China
2021 - 2022
FASTEST GROWING ORIGIN $3.62MSouth Korea
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $33M in Liquid Dispersing Machines, making it the 44th largest exporter of Liquid Dispersing Machines in the world. At the same year, Liquid Dispersing Machines was the 207th most exported product in Philippines. The main destination of Liquid Dispersing Machines exports from Philippines are: Hong Kong ($7.63M), Chinese Taipei ($5.54M), United States ($5.14M), Malaysia ($3.49M), and Singapore ($2.34M).

The fastest growing export markets for Liquid Dispersing Machines of Philippines between 2021 and 2022 were Malaysia ($2.04M), Indonesia ($413k), and Australia ($186k).

Imports In 2022, Philippines imported $110M in Liquid Dispersing Machines, becoming the 46th largest importer of Liquid Dispersing Machines in the world. At the same year, Liquid Dispersing Machines was the 244th most imported product in Philippines. Philippines imports Liquid Dispersing Machines primarily from: China ($64.4M), Japan ($8.53M), South Korea ($6.17M), United States ($6.1M), and Singapore ($5.04M).

The fastest growing import markets in Liquid Dispersing Machines for Philippines between 2021 and 2022 were South Korea ($3.62M), United States ($2.06M), and Japan ($1.61M).

Latest Trends

July 2024

About

Overview In July 2024 Philippines' Liquid Dispersing Machines exports accounted up to $340k and imports accounted up to $6.13M, resulting in a negative trade balance of $5.79M. Between July 2023 and July 2024 the exports of Philippines'   Liquid Dispersing Machines have increased by $322k (1.81k%) from $17.8k to $340k, while imports increased by $1.31M (27.2%) from $4.82M to $6.13M.

Destinations In July 2024, Liquid Dispersing Machines were exported mostly to Thailand ($299k), Japan ($17.8k), Singapore ($14.6k), Micronesia ($3.93k), and Papua New Guinea ($2.84k), and were imported mostly from China ($2.87M), Japan ($734k), United States ($541k), Spain ($467k), and Netherlands ($315k).

Growth In July 2024, the increase in Liquid Dispersing Machines's year-by-year exports was explained primarily by an increase in exports to Japan ($3.77k or 86.3%). In July 2024, the increase in Liquid Dispersing Machines's year-by-year imports was explained primarily by an increase in imports from Japan ($4.28M or 1.44k%), China ($491k or 25.5%), and Hong Kong ($177k or 1.6k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$322k(1.81k%)
IMPORT GROWTH (July 2023 - July 2024)$1.31M(27.2%)
MAIN DESTINATION (July 2024)Thailand$299k

This section shows Liquid Dispersing Machines'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 Liquid Dispersing Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$33M
IMPORTS (2022)$110M
NET TRADE (2022)-$77.1M

In 2022, Philippines exported $33M in Liquid Dispersing Machines. The main destinations of Philippines exports on Liquid Dispersing Machines were Hong Kong ($7.63M), Chinese Taipei ($5.54M), United States ($5.14M), Malaysia ($3.49M), and Singapore ($2.34M).

In 2022, Philippines imported $110M in Liquid Dispersing Machines, mainly from China ($64.4M), Japan ($8.53M), South Korea ($6.17M), United States ($6.1M), and Singapore ($5.04M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Liquid Dispersing Machines EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Malaysia$2.04M (140%)
Indonesia$413k (257%)
Australia$186k (33%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Liquid Dispersing Machines BY Philippines WERE (2021 - 2022):
Chinese Taipei-$70.2M (-92.7%)
Singapore-$50.1M (-95.5%)
Hong Kong-$23.9M (-75.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Liquid Dispersing Machines were:
China $5.98B
Germany $3.6B
United States $3.31B
In 2022, Philippines's main importing competitors in Liquid Dispersing Machines were:
United States $3.58B
Germany $1.5B
France $1.22B

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Trade Value of Liquid Dispersing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.01M
TOP IMPORT POTENTIALChina+ $13.3M

Liquid Dispersing Machines’s highest export potential is United States. With an export gap of $4.01M.   Liquid Dispersing Machines’s highest import potential is China with an import gap of $13.3M.

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