2023
Exports
$4.46MWorld Rnk 45 / 108
Flag Rnk 406 / 1123
2023
PRODUCT COMPLEXITY IN Other Sea Vessels
-0.41Rnk 668 / 1025
2023
Imports
$124MWorld Rnk 13 / 186
Flag Rnk 181 / 1202
2023
ECONOMIC COMPLEXITY of Philippines
0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $4.46M in Other Sea Vessels, making it the 45th largest exporter of Other Sea Vessels in the world. At the same year, Other Sea Vessels was the 406th most exported product in Philippines. The main destination of Other Sea Vessels exports from Philippines are: Chinese Taipei ($1.47M), Netherlands ($1.06M), United Arab Emirates ($969k), Indonesia ($840k), and United States ($117k).

The fastest growing export markets for Other Sea Vessels of Philippines between 2022 and 2023 were Chinese Taipei ($1.46M), Netherlands ($1.06M), and United Arab Emirates ($969k).

Imports In 2023, Philippines imported $124M in Other Sea Vessels, becoming the 13th largest importer of Other Sea Vessels in the world. At the same year, Other Sea Vessels was the 181st most imported product in Philippines. Philippines imports Other Sea Vessels primarily from: Singapore ($62.7M), Israel ($55.7M), Netherlands ($3.56M), China ($735k), and Japan ($546k).

The fastest growing import markets in Other Sea Vessels for Philippines between 2022 and 2023 were Singapore ($62.3M), Israel ($27.9M), and Netherlands ($3.56M).

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Other Sea Vessels. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$4.46M
IMPORTS (2023)$124M
NET TRADE (2023)-$119M

In 2023, Philippines exported $4.46M in Other Sea Vessels. The main destinations of Philippines exports on Other Sea Vessels were Chinese Taipei ($1.47M), Netherlands ($1.06M), United Arab Emirates ($969k), Indonesia ($840k), and United States ($117k).

In 2023, Philippines imported $124M in Other Sea Vessels, mainly from Singapore ($62.7M), Israel ($55.7M), Netherlands ($3.56M), China ($735k), and Japan ($546k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Sea Vessels EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
Chinese Taipei$1.46M (9.32k%)
Netherlands$1.06M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Sea Vessels BY Philippines WERE (2022 - 2023):
United States-$654k (-84.9%)
China-$226k (-100%)
Singapore-$5.57k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Philippines's main exporting competitors in Other Sea Vessels were:
In 2023, Philippines's main importing competitors in Other Sea Vessels were:

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Trade Value of Other Sea Vessels by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $148k
TOP IMPORT POTENTIALChina+ $998k

Other Sea Vessels’s highest export potential is China. With an export gap of $148k.   Other Sea Vessels’s highest import potential is China with an import gap of $998k.

See methodology.

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