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2023
Exports $725kWorld Rnk 43 / 116
Flag Rnk 612 / 1123
2023
Destination $73.6k Japan
2022 - 2023
FASTEST GROWING MARKET $73.6kQatar
2023
PRODUCT COMPLEXITY IN Non-optical Microscopes1.82Rnk 13 / 1025
2023
Imports $9.37MWorld Rnk 29 / 186
Flag Rnk 682 / 1202
2023
Origin $3.55M Japan
2022 - 2023
FASTEST GROWING ORIGIN $3.55MJapan
2023
ECONOMIC COMPLEXITY of Philippines0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $725k in Non-optical Microscopes, making it the 43rd largest exporter of Non-optical Microscopes in the world. At the same year, Non-optical Microscopes was the 612th most exported product in Philippines. The main destination of Non-optical Microscopes exports from Philippines are: Japan ($381k), Thailand ($124k), Qatar ($73.6k), Singapore ($58.4k), and United States ($21.7k).

The fastest growing export markets for Non-optical Microscopes of Philippines between 2022 and 2023 were Qatar ($73.6k), Singapore ($56.8k), and Germany ($17.2k).

Imports In 2023, Philippines imported $9.37M in Non-optical Microscopes, becoming the 29th largest importer of Non-optical Microscopes in the world. At the same year, Non-optical Microscopes was the 682nd most imported product in Philippines. Philippines imports Non-optical Microscopes primarily from: Japan ($4.97M), Czechia ($1.61M), China ($600k), Singapore ($519k), and United Kingdom ($320k).

The fastest growing import markets in Non-optical Microscopes for Philippines between 2022 and 2023 were Japan ($3.55M), Czechia ($1.41M), and China ($382k).

Latest Trends

July 2024

About

Overview In July 2024 Philippines' Non-optical Microscopes exports accounted up to $6.72k and imports accounted up to $281k, resulting in a negative trade balance of $274k. Between May 2023 and July 2024 the exports of Philippines'   Non-optical Microscopes have decreased by $-28.6k (-81%) from $35.3k to $6.72k, while imports decreased by $-1.63M (-85.4%) from $1.92M to $281k.

Destinations In July 2024, Non-optical Microscopes were exported mostly to Japan ($3.72k) and United States ($3k), and were imported mostly from France ($98.3k), Japan ($37.2k), South Korea ($37.1k), United States ($31.5k), and Czechia ($29.4k).

Growth In July 2024, the decrease in Non-optical Microscopes's year-by-year exports was explained primarily by a decrease in exports to . In July 2024, the decrease in Non-optical Microscopes's year-by-year imports was explained primarily by a decrease in imports from China ($-6.37k or -63.7%), Chinese Taipei ($-4.21k or -30.9%), and Hong Kong ($-2.12k or -39%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - July 2024)$-28.6k(-81%)
IMPORT GROWTH (July 2023 - July 2024)$-1.63M(-85.4%)
MAIN DESTINATION (July 2024)Japan$3.72k

This section shows Non-optical 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 Non-optical Microscopes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$725k
IMPORTS (2023)$9.37M
NET TRADE (2023)-$8.64M

In 2023, Philippines exported $725k in Non-optical Microscopes. The main destinations of Philippines exports on Non-optical Microscopes were Japan ($381k), Thailand ($124k), Qatar ($73.6k), Singapore ($58.4k), and United States ($21.7k).

In 2023, Philippines imported $9.37M in Non-optical Microscopes, mainly from Japan ($4.97M), Czechia ($1.61M), China ($600k), Singapore ($519k), and United Kingdom ($320k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Non-optical Microscopes EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
Qatar$73.6k (1%)
Singapore$56.8k (3.52k%)
Germany$17.2k (1.19k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-optical Microscopes BY Philippines WERE (2022 - 2023):
Japan-$4.47M (-92.2%)
Thailand-$207k (-62.7%)
United States-$57.2k (-72.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Philippines's main exporting competitors in Non-optical Microscopes were:
Czechia $985M
Netherlands $848M
Japan $622M
In 2023, Philippines's main importing competitors in Non-optical Microscopes were:
China $1.31B
United States $465M
Netherlands $448M

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Trade Value of Non-optical Microscopes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALThailand+ $77.1k
TOP IMPORT POTENTIALJapan+ $330k

Non-optical Microscopes’s highest export potential is Thailand. With an export gap of $77.1k.   Non-optical Microscopes’s highest import potential is Japan with an import gap of $330k.

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