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2023
Exports $21.9MWorld Rnk 17 / 145
Flag Rnk 232 / 1123
2023
Destination $4.12M Japan
2022 - 2023
FASTEST GROWING MARKET $4.12MJapan
2023
PRODUCT COMPLEXITY IN Microscopes0.86Rnk 226 / 1025
2023
Imports $12.3MWorld Rnk 37 / 209
Flag Rnk 625 / 1202
2023
Origin $1.88M Japan
2022 - 2023
FASTEST GROWING ORIGIN $1.88MGermany
2023
ECONOMIC COMPLEXITY of Philippines0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $21.9M in Microscopes, making it the 17th largest exporter of Microscopes in the world. At the same year, Microscopes was the 232nd most exported product in Philippines. The main destination of Microscopes exports from Philippines are: Japan ($15.3M), China ($2.46M), United States ($1.35M), Germany ($901k), and Thailand ($352k).

The fastest growing export markets for Microscopes of Philippines between 2022 and 2023 were Japan ($4.12M), India ($126k), and Brazil ($91.8k).

Imports In 2023, Philippines imported $12.3M in Microscopes, becoming the 37th largest importer of Microscopes in the world. At the same year, Microscopes was the 625th most imported product in Philippines. Philippines imports Microscopes primarily from: Japan ($3.56M), Germany ($3.48M), China ($1.9M), Singapore ($1.15M), and Malaysia ($699k).

The fastest growing import markets in Microscopes for Philippines between 2022 and 2023 were Germany ($1.88M), China ($323k), and Malaysia ($315k).

Latest Trends

July 2024

About

Overview In July 2024 Philippines' Microscopes exports accounted up to $558k and imports accounted up to $1.34M, resulting in a negative trade balance of $782k. Between July 2023 and July 2024 the exports of Philippines'   Microscopes have decreased by $-655k (-54%) from $1.21M to $558k, while imports decreased by $-694k (-34.1%) from $2.03M to $1.34M.

Destinations In July 2024, Microscopes were exported mostly to Japan ($551k), United States ($2.37k), China ($1.38k), Thailand ($1.2k), and Singapore ($855), and were imported mostly from Germany ($480k), China ($196k), Malaysia ($189k), Singapore ($171k), and Japan ($170k).

Growth In July 2024, the decrease in Microscopes's year-by-year exports was explained primarily by a decrease in exports to Thailand ($-26.2k or -69.3%). In July 2024, the decrease in Microscopes's year-by-year imports was explained primarily by a decrease in imports from Germany ($-293k or -97.7%), Singapore ($-140k or -77.8%), and Japan ($-81.1k or -18.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-655k(-54%)
IMPORT GROWTH (July 2023 - July 2024)$-694k(-34.1%)
MAIN DESTINATION (July 2024)Japan$551k

This section shows Microscopes'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 Microscopes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$21.9M
IMPORTS (2023)$12.3M
NET TRADE (2023)$9.54M

In 2023, Philippines exported $21.9M in Microscopes. The main destinations of Philippines exports on Microscopes were Japan ($15.3M), China ($2.46M), United States ($1.35M), Germany ($901k), and Thailand ($352k).

In 2023, Philippines imported $12.3M in Microscopes, mainly from Japan ($3.56M), Germany ($3.48M), China ($1.9M), Singapore ($1.15M), and Malaysia ($699k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Microscopes EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
Japan$4.12M (36.9%)
India$126k (1%)
Brazil$91.8k (231%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Microscopes BY Philippines WERE (2022 - 2023):
China-$2.04M (-45.3%)
South Korea-$590k (-100%)
Germany-$526k (-36.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Philippines's main exporting competitors in Microscopes were:
Germany $1.15B
China $487M
Japan $439M
In 2023, Philippines's main importing competitors in Microscopes were:
United States $606M
China $359M
Germany $296M

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Trade Value of Microscopes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.43M
TOP IMPORT POTENTIALChina+ $1.29M

Microscopes’s highest export potential is China. With an export gap of $3.43M.   Microscopes’s highest import potential is China with an import gap of $1.29M.

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