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2022
Exports $3.01MWorld Rnk 53 / 169
Flag Rnk 469 / 1127
2022
Destination $352k Indonesia
2021 - 2022
FASTEST GROWING MARKET $352kOman
2022
PRODUCT COMPLEXITY IN Other Paper Machinery1.18Rnk 108 / 1025
2022
Imports $49.7MWorld Rnk 37 / 212
Flag Rnk 383 / 1201
2022
Origin $10.3M China
2021 - 2022
FASTEST GROWING ORIGIN $10.3MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $3.01M in Other Paper Machinery, making it the 53rd largest exporter of Other Paper Machinery in the world. At the same year, Other Paper Machinery was the 469th most exported product in Philippines. The main destination of Other Paper Machinery exports from Philippines are: Indonesia ($475k), Vietnam ($397k), Oman ($354k), India ($349k), and Bangladesh ($295k).

The fastest growing export markets for Other Paper Machinery of Philippines between 2021 and 2022 were Oman ($352k), Indonesia ($348k), and Bangladesh ($285k).

Imports In 2022, Philippines imported $49.7M in Other Paper Machinery, becoming the 37th largest importer of Other Paper Machinery in the world. At the same year, Other Paper Machinery was the 383rd most imported product in Philippines. Philippines imports Other Paper Machinery primarily from: China ($32M), Denmark ($3.08M), Japan ($3.01M), Chinese Taipei ($2.27M), and Germany ($1.59M).

The fastest growing import markets in Other Paper Machinery for Philippines between 2021 and 2022 were China ($10.3M), Denmark ($2.19M), and Japan ($1.61M).

Latest Trends

August 2024

About

Overview In August 2024 Philippines' Other Paper Machinery exports accounted up to $198k and imports accounted up to $2.55M, resulting in a negative trade balance of $2.35M. Between August 2023 and August 2024 the exports of Philippines'   Other Paper Machinery have decreased by $-113k (-36.3%) from $311k to $198k, while imports increased by $812k (46.8%) from $1.74M to $2.55M.

Destinations In August 2024, Other Paper Machinery were exported mostly to Thailand ($100k) and Netherlands ($97.8k), and were imported mostly from China ($1.52M), Japan ($373k), Netherlands ($247k), Chinese Taipei ($230k), and United Kingdom ($42.5k).

Growth In August 2024, the decrease in Other Paper Machinery's year-by-year exports was explained primarily by a decrease in exports to . In August 2024, the increase in Other Paper Machinery's year-by-year imports was explained primarily by an increase in imports from China ($486k or 57.7%), Spain ($39.9k or 36.6k%), and Germany ($12.3k or 51.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-113k(-36.3%)
IMPORT GROWTH (August 2023 - August 2024)$812k(46.8%)
MAIN DESTINATION (August 2024)Thailand$100k

This section shows Other Paper Machinery'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 Paper Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.01M
IMPORTS (2022)$49.7M
NET TRADE (2022)-$46.7M

In 2022, Philippines exported $3.01M in Other Paper Machinery. The main destinations of Philippines exports on Other Paper Machinery were Indonesia ($475k), Vietnam ($397k), Oman ($354k), India ($349k), and Bangladesh ($295k).

In 2022, Philippines imported $49.7M in Other Paper Machinery, mainly from China ($32M), Denmark ($3.08M), Japan ($3.01M), Chinese Taipei ($2.27M), and Germany ($1.59M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Paper Machinery EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Oman$352k (20.6k%)
Indonesia$348k (275%)
Bangladesh$285k (2.89k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Paper Machinery BY Philippines WERE (2021 - 2022):
Vietnam-$727k (-64.7%)
Mexico-$453k (-99.3%)
Japan-$278k (-95.5%)
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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 Paper Machinery were:
China $1.98B
Germany $1.28B
Italy $1.09B
In 2022, Philippines's main importing competitors in Other Paper Machinery were:
United States $1.3B
Germany $459M
Mexico $406M

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Trade Value of Other Paper Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $268k
TOP IMPORT POTENTIALChina+ $2.89M

Other Paper Machinery’s highest export potential is Indonesia. With an export gap of $268k.   Other Paper Machinery’s highest import potential is China with an import gap of $2.89M.

See methodology.

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