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2022
Exports $155kWorld Rnk 71 / 115
Flag Rnk 798 / 1127
2022
Destination $16.3k Malaysia
2021 - 2022
FASTEST GROWING MARKET $16.3kSouth Korea
2022
PRODUCT COMPLEXITY IN Other Organo-Inorganic Compounds1.47Rnk 60 / 1025
2022
Imports $19.2MWorld Rnk 47 / 182
Flag Rnk 582 / 1201
2022
Origin $5.08M China
2021 - 2022
FASTEST GROWING ORIGIN $5.08MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $155k in Other Organo-Inorganic Compounds, making it the 71st largest exporter of Other Organo-Inorganic Compounds in the world. At the same year, Other Organo-Inorganic Compounds was the 798th most exported product in Philippines. The main destination of Other Organo-Inorganic Compounds exports from Philippines are: Malaysia ($115k), South Korea ($16.3k), Singapore ($10.6k), Thailand ($7.86k), and Poland ($4.74k).

The fastest growing export markets for Other Organo-Inorganic Compounds of Philippines between 2021 and 2022 were South Korea ($16.3k), Poland ($4.74k), and Thailand ($3.48k).

Imports In 2022, Philippines imported $19.2M in Other Organo-Inorganic Compounds, becoming the 47th largest importer of Other Organo-Inorganic Compounds in the world. At the same year, Other Organo-Inorganic Compounds was the 582nd most imported product in Philippines. Philippines imports Other Organo-Inorganic Compounds primarily from: China ($9.94M), Thailand ($2.87M), Japan ($2.43M), South Korea ($2.12M), and United States ($539k).

The fastest growing import markets in Other Organo-Inorganic Compounds for Philippines between 2021 and 2022 were China ($5.08M), South Korea ($1.44M), and Thailand ($1.33M).

Latest Trends

January 2024

About

Overview In January 2024 Philippines' Other Organo-Inorganic Compounds exports accounted up to $1.21k and imports accounted up to $287k, resulting in a negative trade balance of $286k. Between November 2021 and January 2024 the exports of Philippines'   Other Organo-Inorganic Compounds have decreased by $-324k (-99.6%) from $326k to $1.21k, while imports decreased by $-989k (-77.5%) from $1.28M to $287k.

Destinations In January 2024, Other Organo-Inorganic Compounds were exported mostly to , and were imported mostly from Singapore ($76.9k), United States ($73.7k), Japan ($70.8k), United Kingdom ($32.5k), and Germany ($30.1k).

Growth In January 2024, the decrease in Other Organo-Inorganic Compounds's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the decrease in Other Organo-Inorganic Compounds's year-by-year imports was explained primarily by a decrease in imports from China ($-1.28M or -90.2%), Germany ($-105k or -75.6%), and South Korea ($-57k or -16.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2021 - January 2024)$-324k(-99.6%)
IMPORT GROWTH (June 2023 - June 2024)$-989k(-77.5%)
MAIN DESTINATION (January 2024)

This section shows Other Organo-Inorganic Compounds'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 Other Organo-Inorganic Compounds over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$155k
IMPORTS (2022)$19.2M
NET TRADE (2022)-$19.1M

In 2022, Philippines exported $155k in Other Organo-Inorganic Compounds. The main destinations of Philippines exports on Other Organo-Inorganic Compounds were Malaysia ($115k), South Korea ($16.3k), Singapore ($10.6k), Thailand ($7.86k), and Poland ($4.74k).

In 2022, Philippines imported $19.2M in Other Organo-Inorganic Compounds, mainly from China ($9.94M), Thailand ($2.87M), Japan ($2.43M), South Korea ($2.12M), and United States ($539k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Organo-Inorganic Compounds EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
South Korea$16.3k (1%)
Poland$4.74k (1%)
Thailand$3.48k (79.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Organo-Inorganic Compounds BY Philippines WERE (2021 - 2022):
Malaysia-$399k (-77.6%)
Germany-$228k (-100%)
Vietnam-$179k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Other Organo-Inorganic Compounds were:
China $7.03B
United States $1.65B
Germany $1.04B
In 2022, Philippines's main importing competitors in Other Organo-Inorganic Compounds were:
United States $2.44B
Brazil $1.62B
Argentina $901M

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Trade Value of Other Organo-Inorganic Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $38.7k
TOP IMPORT POTENTIALChina+ $6.13M

Other Organo-Inorganic Compounds’s highest export potential is Malaysia. With an export gap of $38.7k.   Other Organo-Inorganic Compounds’s highest import potential is China with an import gap of $6.13M.

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