Pianos in Philippines | The Observatory of Economic Complexity

About

Exports In 2022, Philippines exported $5.93M in Pianos, making it the 16th largest exporter of Pianos in the world. At the same year, Pianos was the 393rd most exported product in Philippines. The main destination of Pianos exports from Philippines are: United States ($3.01M), Germany ($1.46M), France ($342k), Japan ($330k), and Australia ($233k).

The fastest growing export markets for Pianos of Philippines between 2021 and 2022 were Germany ($944k), United States ($745k), and France ($342k).

Imports In 2022, Philippines imported $4.96M in Pianos, becoming the 29th largest importer of Pianos in the world. At the same year, Pianos was the 830th most imported product in Philippines. Philippines imports Pianos primarily from: Singapore ($1.54M), Japan ($1.1M), Chinese Taipei ($912k), China ($595k), and Malaysia ($427k).

The fastest growing import markets in Pianos for Philippines between 2021 and 2022 were Singapore ($1.01M), Indonesia ($263k), and Malaysia ($211k).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Pianos exports accounted up to $45.1k and imports accounted up to $52.7k, resulting in a negative trade balance of $7.63k. Between March 2023 and June 2024 the exports of Philippines' Pianos have decreased by $-11.4k (-20.2%) from $56.5k to $45.1k, while imports decreased by $-1.15k (-2.14%) from $53.9k to $52.7k.

Destinations In June 2024, Pianos were exported mostly to United States ($40.6k) and Colombia ($4.48k), and were imported mostly from Japan ($50.7k) and South Korea ($2.04k).

Growth In June 2024, the decrease in Pianos's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the decrease in Pianos's year-by-year imports was explained primarily by a decrease in imports from China ($-693k or -97.4%) and South Korea ($-68 or -23.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - June 2024)$-11.4k(-20.2%)

IMPORT GROWTH (June 2023 - June 2024)$-1.15k(-2.14%)

MAIN DESTINATION (June 2024)United States$40.6k

This section shows Pianos'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 Pianos over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$5.93M

IMPORTS (2022)$4.96M

NET TRADE (2022)$971k

In 2022, Philippines exported $5.93M in Pianos. The main destinations of Philippines exports on Pianos were United States ($3.01M), Germany ($1.46M), France ($342k), Japan ($330k), and Australia ($233k).

In 2022, Philippines imported $4.96M in Pianos, mainly from Singapore ($1.54M), Japan ($1.1M), Chinese Taipei ($912k), China ($595k), and Malaysia ($427k).

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