2023
Exports
$26.7MWorld Rnk 15 / 105
Flag Rnk 221 / 1123
2023
PRODUCT COMPLEXITY IN Oxometallic or Peroxometallic Acid Salts
-0.15Rnk 607 / 1025
2023
Imports
$3.19MWorld Rnk 40 / 184
Flag Rnk 852 / 1202
2023
ECONOMIC COMPLEXITY of Philippines
0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $26.7M in Oxometallic or Peroxometallic Acid Salts, making it the 15th largest exporter of Oxometallic or Peroxometallic Acid Salts in the world. At the same year, Oxometallic or Peroxometallic Acid Salts was the 221st most exported product in Philippines. The main destination of Oxometallic or Peroxometallic Acid Salts exports from Philippines are: China ($26.3M), Thailand ($312k), Malaysia ($156k), and United States ($18.8k).

The fastest growing export markets for Oxometallic or Peroxometallic Acid Salts of Philippines between 2022 and 2023 were China ($8.09M), Thailand ($312k), and Malaysia ($156k).

Imports In 2023, Philippines imported $3.19M in Oxometallic or Peroxometallic Acid Salts, becoming the 40th largest importer of Oxometallic or Peroxometallic Acid Salts in the world. At the same year, Oxometallic or Peroxometallic Acid Salts was the 852nd most imported product in Philippines. Philippines imports Oxometallic or Peroxometallic Acid Salts primarily from: South Korea ($1.68M), China ($1.05M), Japan ($147k), United Kingdom ($115k), and Chinese Taipei ($107k).

The fastest growing import markets in Oxometallic or Peroxometallic Acid Salts for Philippines between 2022 and 2023 were China ($430k), United Kingdom ($114k), and Chinese Taipei ($58.2k).

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$140k(325%)
IMPORT GROWTH (July 2023 - July 2024)$3.3M(1.56k%)
MAIN DESTINATION (July 2024)China$116k

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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Historical Data

Trade Balance

Color
EXPORTS (2023)$26.7M
IMPORTS (2023)$3.19M
NET TRADE (2023)$23.6M

In 2023, Philippines exported $26.7M in Oxometallic or Peroxometallic Acid Salts. The main destinations of Philippines exports on Oxometallic or Peroxometallic Acid Salts were China ($26.3M), Thailand ($312k), Malaysia ($156k), and United States ($18.8k).

In 2023, Philippines imported $3.19M in Oxometallic or Peroxometallic Acid Salts, mainly from South Korea ($1.68M), China ($1.05M), Japan ($147k), United Kingdom ($115k), and Chinese Taipei ($107k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Oxometallic or Peroxometallic Acid Salts EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
China$8.09M (44.5%)
Thailand$312k (1%)
Malaysia$156k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Oxometallic or Peroxometallic Acid Salts BY Philippines WERE (2022 - 2023):
United States-$2.02M (-99.1%)
Vietnam-$307k (-100%)
South Korea-$76 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Philippines's main exporting competitors in Oxometallic or Peroxometallic Acid Salts were:
China $1.63B
Japan $1.08B
In 2023, Philippines's main importing competitors in Oxometallic or Peroxometallic Acid Salts were:
Poland $3.66B
Japan $758M

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Trade Value of Oxometallic or Peroxometallic Acid Salts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.08M
TOP IMPORT POTENTIALSouth Korea+ $1.02M

Oxometallic or Peroxometallic Acid Salts’s highest export potential is China. With an export gap of $3.08M.   Oxometallic or Peroxometallic Acid Salts’s highest import potential is South Korea with an import gap of $1.02M.

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