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2022
Exports $2.31BWorld Rnk 24 / 181
Flag Rnk 8 / 96
2022
Destination $199M China
2021 - 2022
FASTEST GROWING MARKET $199MSouth Korea
2022
PRODUCT COMPLEXITY IN Ores, slag and ash0.0043Rnk 546 / 1025
2022
Imports $2.21BWorld Rnk 16 / 198
Flag Rnk 12 / 96
2022
Origin $643M Australia
2021 - 2022
FASTEST GROWING ORIGIN $643MAustralia
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $2.31B in Ores, slag and ash, making it the 24th largest exporter of Ores, slag and ash in the world. At the same year, Ores, slag and ash was the 8th most exported product in Philippines. The main destination of Ores, slag and ash exports from Philippines are: China ($1.41B), Japan ($417M), South Korea ($269M), Singapore ($212M), and India ($1.96M).

The fastest growing export markets for Ores, slag and ash of Philippines between 2021 and 2022 were South Korea ($199M), Singapore ($137M), and India ($511k).

Imports In 2022, Philippines imported $2.21B in Ores, slag and ash, becoming the 16th largest importer of Ores, slag and ash in the world. At the same year, Ores, slag and ash was the 12th most imported product in Philippines. Philippines imports Ores, slag and ash primarily from: Australia ($961M), Brazil ($449M), Indonesia ($413M), Panama ($80.1M), and United States ($68.5M).

The fastest growing import markets in Ores, slag and ash for Philippines between 2021 and 2022 were Australia ($643M), Indonesia ($160M), and Panama ($58.8M).

COMPANIES In 2023, leading companies such as Yokohama Industries (60) were at the forefront of shipping Ores, slag and ash from Philippines to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Ores, slag and ash exports accounted up to $342M and imports accounted up to $99.5M, resulting in a positive trade balance of $242M. Between June 2023 and June 2024 the exports of Philippines'   Ores, slag and ash have increased by $107M (45.6%) from $235M to $342M, while imports decreased by $-415M (-80.6%) from $514M to $99.5M.

Destinations In June 2024, Ores, slag and ash were exported mostly to China ($298M), Indonesia ($22.7M), Japan ($21.4M), United States ($23.4k), and India ($3k), and were imported mostly from Brazil ($61.9M), Peru ($28.3M), India ($7.1M), Japan ($1.11M), and Colombia ($578k).

Growth In June 2024, the increase in Ores, slag and ash's year-by-year exports was explained primarily by an increase in exports to China ($46M or 105%) and Japan ($35M or 138%). In June 2024, the decrease in Ores, slag and ash's year-by-year imports was explained primarily by a decrease in imports from Brazil ($-38.2M or -50.4%) and China ($-2.8k or -20.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$107M(45.6%)
IMPORT GROWTH (June 2023 - June 2024)$-415M(-80.6%)
MAIN DESTINATION (June 2024)China$298M

This section shows Ores, slag and ash'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 Ores, slag and ash over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.31B
IMPORTS (2022)$2.21B
NET TRADE (2022)$99.5M

In 2022, Philippines exported $2.31B in Ores, slag and ash. The main destinations of Philippines exports on Ores, slag and ash were China ($1.41B), Japan ($417M), South Korea ($269M), Singapore ($212M), and India ($1.96M).

In 2022, Philippines imported $2.21B in Ores, slag and ash, mainly from Australia ($961M), Brazil ($449M), Indonesia ($413M), Panama ($80.1M), and United States ($68.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ores, slag and ash EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
South Korea$199M (287%)
Singapore$137M (180%)
India$511k (35.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ores, slag and ash BY Philippines WERE (2021 - 2022):
China-$162M (-10.3%)
Japan-$83.4M (-16.7%)
Malaysia-$3.79M (-84.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Ores, slag and ash were:
Australia $101B
Brazil $34B
Chile $26.7B
In 2022, Philippines's main importing competitors in Ores, slag and ash were:
China $184B
Japan $30.8B
South Korea $20.7B

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Trade Value of Ores, slag and ash by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $65.3M
TOP IMPORT POTENTIALChile+ $24.6M

Ores, slag and ash’s highest export potential is Japan. With an export gap of $65.3M.   Ores, slag and ash’s highest import potential is Chile with an import gap of $24.6M.

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