2022
Exports
$20MWorld Rnk 48 / 170
Flag Rnk 257 / 1127
2022
PRODUCT COMPLEXITY IN Metal Stoppers
0.12Rnk 513 / 1025
2022
Imports
$87MWorld Rnk 28 / 215
Flag Rnk 294 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $20M in Metal Stoppers, making it the 48th largest exporter of Metal Stoppers in the world. At the same year, Metal Stoppers was the 257th most exported product in Philippines. The main destination of Metal Stoppers exports from Philippines are: Australia ($6.03M), Malaysia ($3.57M), Thailand ($2.92M), India ($1.92M), and Chinese Taipei ($1.51M).

The fastest growing export markets for Metal Stoppers of Philippines between 2021 and 2022 were Australia ($1.91M), Morocco ($1.19M), and India ($461k).

Imports In 2022, Philippines imported $87M in Metal Stoppers, becoming the 28th largest importer of Metal Stoppers in the world. At the same year, Metal Stoppers was the 294th most imported product in Philippines. Philippines imports Metal Stoppers primarily from: China ($54.4M), South Korea ($12.8M), Thailand ($12.6M), Italy ($1.28M), and Netherlands ($1.09M).

The fastest growing import markets in Metal Stoppers for Philippines between 2021 and 2022 were China ($3.59M), Spain ($338k), and South Korea ($305k).

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$109k(11.7%)
IMPORT GROWTH (August 2023 - August 2024)$3.44M(60.5%)
MAIN DESTINATION (August 2024)Australia$384k

This section shows Metal Stoppers'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 Stoppers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$20M
IMPORTS (2022)$87M
NET TRADE (2022)-$66.9M

In 2022, Philippines exported $20M in Metal Stoppers. The main destinations of Philippines exports on Metal Stoppers were Australia ($6.03M), Malaysia ($3.57M), Thailand ($2.92M), India ($1.92M), and Chinese Taipei ($1.51M).

In 2022, Philippines imported $87M in Metal Stoppers, mainly from China ($54.4M), South Korea ($12.8M), Thailand ($12.6M), Italy ($1.28M), and Netherlands ($1.09M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Stoppers EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Australia$1.91M (46.5%)
Morocco$1.19M (1%)
India$461k (31.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Stoppers BY Philippines WERE (2021 - 2022):
South Korea-$230k (-96.5%)
Oman-$191k (-100%)
Mexico-$174k (-86.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Metal Stoppers were:
China $1.38B
Italy $857M
In 2022, Philippines's main importing competitors in Metal Stoppers were:

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Trade Value of Metal Stoppers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.21M
TOP IMPORT POTENTIALUnited States+ $1.49M

Metal Stoppers’s highest export potential is United States. With an export gap of $1.21M.   Metal Stoppers’s highest import potential is United States with an import gap of $1.49M.

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