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2022
Exports $10.8MWorld Rnk 48 / 178
Flag Rnk 322 / 1127
2022
Destination $2.42M Japan
2021 - 2022
FASTEST GROWING MARKET $2.42MSingapore
2022
PRODUCT COMPLEXITY IN Metal Molds1.48Rnk 57 / 1025
2022
Imports $149MWorld Rnk 29 / 216
Flag Rnk 195 / 1201
2022
Origin $2.69M China
2021 - 2022
FASTEST GROWING ORIGIN $2.69MItaly
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $10.8M in Metal Molds, making it the 48th largest exporter of Metal Molds in the world. At the same year, Metal Molds was the 322nd most exported product in Philippines. The main destination of Metal Molds exports from Philippines are: Japan ($5.56M), Singapore ($2.47M), China ($911k), Italy ($342k), and Thailand ($329k).

The fastest growing export markets for Metal Molds of Philippines between 2021 and 2022 were Singapore ($2.42M), China ($700k), and Italy ($292k).

Imports In 2022, Philippines imported $149M in Metal Molds, becoming the 29th largest importer of Metal Molds in the world. At the same year, Metal Molds was the 195th most imported product in Philippines. Philippines imports Metal Molds primarily from: China ($71M), Japan ($31.4M), Chinese Taipei ($6.44M), Singapore ($6.02M), and Thailand ($5.65M).

The fastest growing import markets in Metal Molds for Philippines between 2021 and 2022 were Italy ($2.69M), Singapore ($2.39M), and Luxembourg ($1.94M).

Latest Trends

September 2024

About

Overview In September 2024 Philippines' Metal Molds exports accounted up to $690k and imports accounted up to $9.5M, resulting in a negative trade balance of $8.81M. Between September 2023 and September 2024 the exports of Philippines'   Metal Molds have decreased by $-4.08M (-85.5%) from $4.77M to $690k, while imports decreased by $-1.02M (-9.69%) from $10.5M to $9.5M.

Destinations In September 2024, Metal Molds were exported mostly to Japan ($296k), Indonesia ($262k), Vietnam ($59.7k), Hong Kong ($35.2k), and Mexico ($15k), and were imported mostly from China ($4.69M), Japan ($1.81M), South Korea ($1.52M), Chinese Taipei ($436k), and Germany ($355k).

Growth In September 2024, the decrease in Metal Molds's year-by-year exports was explained primarily by a decrease in exports to China ($-6.67k or -73.4%) and Vietnam ($-4.4k or -24.7%). In September 2024, the decrease in Metal Molds's year-by-year imports was explained primarily by a decrease in imports from Malaysia ($-848k or -80.2%), Singapore ($-665k or -84.6%), and Hong Kong ($-538k or -73.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-4.08M(-85.5%)
IMPORT GROWTH (September 2023 - September 2024)$-1.02M(-9.69%)
MAIN DESTINATION (September 2024)Japan$296k

This section shows Metal Molds'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 Molds over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$10.8M
IMPORTS (2022)$149M
NET TRADE (2022)-$138M

In 2022, Philippines exported $10.8M in Metal Molds. The main destinations of Philippines exports on Metal Molds were Japan ($5.56M), Singapore ($2.47M), China ($911k), Italy ($342k), and Thailand ($329k).

In 2022, Philippines imported $149M in Metal Molds, mainly from China ($71M), Japan ($31.4M), Chinese Taipei ($6.44M), Singapore ($6.02M), and Thailand ($5.65M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Molds EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Singapore$2.42M (4.71k%)
China$700k (331%)
Italy$292k (591%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Molds BY Philippines WERE (2021 - 2022):
Thailand-$788k (-70.5%)
Malaysia-$605k (-71.9%)
Japan-$573k (-9.34%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Metal Molds were:
China $6.2B
Germany $1.35B
Canada $1.26B
In 2022, Philippines's main importing competitors in Metal Molds were:
United States $2.94B
Mexico $1.51B
Germany $1.47B

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Trade Value of Metal Molds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $1.15M
TOP IMPORT POTENTIALChina+ $16.4M

Metal Molds’s highest export potential is Japan. With an export gap of $1.15M.   Metal Molds’s highest import potential is China with an import gap of $16.4M.

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