2022
Exports
$4.99MWorld Rnk 45 / 164
Flag Rnk 410 / 1127
2022
PRODUCT COMPLEXITY IN Metal Insulating Fittings
1.18Rnk 110 / 1025
2022
Imports
$94.1MWorld Rnk 24 / 214
Flag Rnk 281 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $4.99M in Metal Insulating Fittings, making it the 45th largest exporter of Metal Insulating Fittings in the world. At the same year, Metal Insulating Fittings was the 410th most exported product in Philippines. The main destination of Metal Insulating Fittings exports from Philippines are: Japan ($942k), China ($881k), United Arab Emirates ($383k), Canada ($285k), and South Africa ($280k).

The fastest growing export markets for Metal Insulating Fittings of Philippines between 2021 and 2022 were Canada ($227k), South Africa ($209k), and United Arab Emirates ($174k).

Imports In 2022, Philippines imported $94.1M in Metal Insulating Fittings, becoming the 24th largest importer of Metal Insulating Fittings in the world. At the same year, Metal Insulating Fittings was the 281st most imported product in Philippines. Philippines imports Metal Insulating Fittings primarily from: Japan ($38.8M), Thailand ($16.3M), China ($16M), Germany ($5.77M), and Singapore ($3.48M).

The fastest growing import markets in Metal Insulating Fittings for Philippines between 2021 and 2022 were China ($5.41M), Hong Kong ($573k), and Singapore ($544k).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-33.3k(-17.1%)
IMPORT GROWTH (June 2023 - June 2024)$-2.31M(-22.5%)
MAIN DESTINATION (June 2024)Hong Kong$68.3k

This section shows Metal Insulating Fittings'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 Metal Insulating Fittings over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.99M
IMPORTS (2022)$94.1M
NET TRADE (2022)-$89.1M

In 2022, Philippines exported $4.99M in Metal Insulating Fittings. The main destinations of Philippines exports on Metal Insulating Fittings were Japan ($942k), China ($881k), United Arab Emirates ($383k), Canada ($285k), and South Africa ($280k).

In 2022, Philippines imported $94.1M in Metal Insulating Fittings, mainly from Japan ($38.8M), Thailand ($16.3M), China ($16M), Germany ($5.77M), and Singapore ($3.48M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Insulating Fittings EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Canada$227k (388%)
South Africa$209k (294%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Insulating Fittings BY Philippines WERE (2021 - 2022):
Czechia-$572k (-89.7%)
China-$382k (-30.2%)
India-$357k (-77.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Metal Insulating Fittings were:
Germany $1.34B
China $989M
Japan $738M
In 2022, Philippines's main importing competitors in Metal Insulating Fittings were:

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Trade Value of Metal Insulating Fittings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.77M
TOP IMPORT POTENTIALChina+ $5.03M

Metal Insulating Fittings’s highest export potential is China. With an export gap of $1.77M.   Metal Insulating Fittings’s highest import potential is China with an import gap of $5.03M.

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