Oxometallic or Peroxometallic Acid Salts in Philippines | The Observatory of Economic Complexity

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Exports In 2022, Philippines exported $10.4M in Oxometallic or Peroxometallic Acid Salts, making it the 24th largest exporter of Oxometallic or Peroxometallic Acid Salts in the world. At the same year, Oxometallic or Peroxometallic Acid Salts was the 330th most exported product in Philippines. The main destination of Oxometallic or Peroxometallic Acid Salts exports from Philippines are: China ($8.38M), United States ($1.78M), Vietnam ($220k), South Korea ($74), and Canada ($5).

The fastest growing export markets for Oxometallic or Peroxometallic Acid Salts of Philippines between 2021 and 2022 were China ($5.18M), United States ($819k), and South Korea ($12).

Imports In 2022, Philippines imported $13.6M in Oxometallic or Peroxometallic Acid Salts, becoming the 26th largest importer of Oxometallic or Peroxometallic Acid Salts in the world. At the same year, Oxometallic or Peroxometallic Acid Salts was the 663rd most imported product in Philippines. Philippines imports Oxometallic or Peroxometallic Acid Salts primarily from: South Korea ($11.9M), China ($687k), Japan ($487k), United States ($224k), and Spain ($171k).

The fastest growing import markets in Oxometallic or Peroxometallic Acid Salts for Philippines between 2021 and 2022 were Spain ($170k), China ($113k), and United States ($73.5k).

Latest Trends

September 2024

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Overview In September 2024 Philippines' Oxometallic or Peroxometallic Acid Salts exports accounted up to $129k and imports accounted up to $3.59M, resulting in a negative trade balance of $3.46M. Between September 2023 and September 2024 the exports of Philippines' Oxometallic or Peroxometallic Acid Salts have decreased by $-27k (-17.3%) from $156k to $129k, while imports increased by $3.57M (19k%) from $18.7k to $3.59M.

Destinations In September 2024, Oxometallic or Peroxometallic Acid Salts were exported mostly to China ($128k) and Japan ($1.22k), and were imported mostly from South Korea ($2.05M), China ($1.32M), Japan ($136k), Chinese Taipei ($72.3k), and Germany ($8.12k).

Growth In September 2024, the decrease in Oxometallic or Peroxometallic Acid Salts's year-by-year exports was explained primarily by a decrease in exports to . In September 2024, the increase in Oxometallic or Peroxometallic Acid Salts's year-by-year imports was explained primarily by an increase in imports from China ($37.2k or 211%) and Japan ($5.69k or 224%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2023 - September 2024)$-27k(-17.3%)

IMPORT GROWTH (September 2023 - September 2024)$3.57M(19k%)

MAIN DESTINATION (September 2024)China$128k

This section shows Oxometallic or Peroxometallic Acid Salts'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 Oxometallic or Peroxometallic Acid Salts over time.

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