Sign In
Pricing

2022
Exports $60.3MWorld Rnk 28 / 209
Flag Rnk 154 / 1127
2022
Destination $2.46M United States
2021 - 2022
FASTEST GROWING MARKET $2.46MChina
2022
PRODUCT COMPLEXITY IN Padlocks0.82Rnk 236 / 1025
2022
Imports $126MWorld Rnk 30 / 223
Flag Rnk 224 / 1201
2022
Origin $28.1M China
2021 - 2022
FASTEST GROWING ORIGIN $28.1MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $60.3M in Padlocks, making it the 28th largest exporter of Padlocks in the world. At the same year, Padlocks was the 154th most exported product in Philippines. The main destination of Padlocks exports from Philippines are: United States ($22.2M), South Korea ($11.2M), China ($6.41M), Canada ($4.85M), and Australia ($2.69M).

The fastest growing export markets for Padlocks of Philippines between 2021 and 2022 were China ($2.46M), Australia ($1.71M), and United Kingdom ($543k).

Imports In 2022, Philippines imported $126M in Padlocks, becoming the 30th largest importer of Padlocks in the world. At the same year, Padlocks was the 224th most imported product in Philippines. Philippines imports Padlocks primarily from: China ($96.8M), Chinese Taipei ($12M), South Korea ($4.68M), Japan ($1.99M), and Singapore ($1.84M).

The fastest growing import markets in Padlocks for Philippines between 2021 and 2022 were China ($28.1M), Germany ($347k), and Indonesia ($323k).

COMPANIES In 2023, leading companies such as Panasonic (36) and Dole Fresh Fruit (1) were at the forefront of shipping Padlocks from Philippines to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Philippines' Padlocks exports accounted up to $7.79M and imports accounted up to $3.31M, resulting in a positive trade balance of $4.47M. Between October 2023 and October 2024 the exports of Philippines'   Padlocks have decreased by $-1.11M (-12.5%) from $8.9M to $7.79M, while imports decreased by $-476k (-12.6%) from $3.79M to $3.31M.

Destinations In October 2024, Padlocks were exported mostly to United States ($4.87M), China ($1.12M), Canada ($587k), South Korea ($565k), and Chinese Taipei ($267k), and were imported mostly from China ($1.72M), Hong Kong ($191k), Finland ($189k), South Korea ($182k), and Chinese Taipei ($175k).

Growth In October 2024, the decrease in Padlocks's year-by-year exports was explained primarily by a decrease in exports to United States ($-3.31M or -50.9%), Australia ($-860k or -76.6%), and South Korea ($-95.6k or -10.1%). In October 2024, the decrease in Padlocks's year-by-year imports was explained primarily by a decrease in imports from Hong Kong ($-132k or -77.2%), United States ($-117k or -70.4%), and Singapore ($-43.7k or -45.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-1.11M(-12.5%)
IMPORT GROWTH (October 2023 - October 2024)$-476k(-12.6%)
MAIN DESTINATION (October 2024)United States$4.87M

This section shows Padlocks'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 Padlocks over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$60.3M
IMPORTS (2022)$126M
NET TRADE (2022)-$65.7M

In 2022, Philippines exported $60.3M in Padlocks. The main destinations of Philippines exports on Padlocks were United States ($22.2M), South Korea ($11.2M), China ($6.41M), Canada ($4.85M), and Australia ($2.69M).

In 2022, Philippines imported $126M in Padlocks, mainly from China ($96.8M), Chinese Taipei ($12M), South Korea ($4.68M), Japan ($1.99M), and Singapore ($1.84M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Padlocks EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
China$2.46M (62.1%)
Australia$1.71M (173%)
United Kingdom$543k (1.34k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Padlocks BY Philippines WERE (2021 - 2022):
Chinese Taipei-$3.68M (-58%)
Vietnam-$2.01M (-47%)
United States-$1.55M (-6.53%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Padlocks were:
China $5.34B
Germany $1.37B
Mexico $1.27B
In 2022, Philippines's main importing competitors in Padlocks were:
United States $3.22B
Germany $1.14B
Mexico $800M

Explore Visualizations

Trade Value of Padlocks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.8M
TOP IMPORT POTENTIALChina+ $7.1M

Padlocks’s highest export potential is United States. With an export gap of $7.8M.   Padlocks’s highest import potential is China with an import gap of $7.1M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms