2022
Exports
$6.95MWorld Rnk 25 / 97
Flag Rnk 379 / 1127
2022
PRODUCT COMPLEXITY IN Nickel Bars
1.16Rnk 113 / 1025
2022
Imports
$9.25MWorld Rnk 38 / 170
Flag Rnk 731 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $6.95M in Nickel Bars, making it the 25th largest exporter of Nickel Bars in the world. At the same year, Nickel Bars was the 379th most exported product in Philippines. The main destination of Nickel Bars exports from Philippines are: Japan ($6.54M), Brazil ($131k), South Korea ($111k), China ($66.3k), and Austria ($46.9k).

The fastest growing export markets for Nickel Bars of Philippines between 2021 and 2022 were Japan ($256k), South Korea ($111k), and Austria ($46.9k).

Imports In 2022, Philippines imported $9.25M in Nickel Bars, becoming the 38th largest importer of Nickel Bars in the world. At the same year, Nickel Bars was the 731st most imported product in Philippines. Philippines imports Nickel Bars primarily from: Switzerland ($1.64M), India ($1.47M), Austria ($1.45M), Japan ($1.16M), and United States ($884k).

The fastest growing import markets in Nickel Bars for Philippines between 2021 and 2022 were Austria ($1.12M), Switzerland ($557k), and United States ($419k).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$96.2k(120%)
IMPORT GROWTH (June 2023 - June 2024)$-51k(-11.9%)
MAIN DESTINATION (June 2024)Japan$77.3k

This section shows Nickel Bars'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 Nickel Bars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.95M
IMPORTS (2022)$9.25M
NET TRADE (2022)-$2.29M

In 2022, Philippines exported $6.95M in Nickel Bars. The main destinations of Philippines exports on Nickel Bars were Japan ($6.54M), Brazil ($131k), South Korea ($111k), China ($66.3k), and Austria ($46.9k).

In 2022, Philippines imported $9.25M in Nickel Bars, mainly from Switzerland ($1.64M), India ($1.47M), Austria ($1.45M), Japan ($1.16M), and United States ($884k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nickel Bars EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Japan$256k (4.07%)
South Korea$111k (1%)
Austria$46.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel Bars BY Philippines WERE (2021 - 2022):
United Kingdom-$377k (-96.2%)
United States-$15.8k (-94.6%)
China-$12.6k (-16%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Nickel Bars were:
In 2022, Philippines's main importing competitors in Nickel Bars were:

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Trade Value of Nickel Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $199k
TOP IMPORT POTENTIALUnited States+ $572k

Nickel Bars’s highest export potential is China. With an export gap of $199k.   Nickel Bars’s highest import potential is United States with an import gap of $572k.

See methodology.

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