Planes, Helicopters, and/or Spacecraft in Philippines | The Observatory of Economic Complexity

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Exports In 2022, Philippines exported $160M in Planes, Helicopters, and/or Spacecraft, making it the 31st largest exporter of Planes, Helicopters, and/or Spacecraft in the world. At the same year, Planes, Helicopters, and/or Spacecraft was the 76th most exported product in Philippines. The main destination of Planes, Helicopters, and/or Spacecraft exports from Philippines are: Germany ($152M), Australia ($4.92M), Sweden ($2.45M), Micronesia ($350k), and South Korea ($339k).

The fastest growing export markets for Planes, Helicopters, and/or Spacecraft of Philippines between 2021 and 2022 were Germany ($152M), Australia ($4.92M), and Sweden ($2.45M).

Imports In 2022, Philippines imported $949M in Planes, Helicopters, and/or Spacecraft, becoming the 31st largest importer of Planes, Helicopters, and/or Spacecraft in the world. At the same year, Planes, Helicopters, and/or Spacecraft was the 28th most imported product in Philippines. Philippines imports Planes, Helicopters, and/or Spacecraft primarily from: France ($290M), Germany ($221M), Turkey ($152M), Israel ($74.1M), and India ($56.1M).

The fastest growing import markets in Planes, Helicopters, and/or Spacecraft for Philippines between 2021 and 2022 were Turkey ($152M), Germany ($73.3M), and India ($56.1M).

Latest Trends

August 2024

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Overview In August 2024 Philippines' Planes, Helicopters, and/or Spacecraft exports accounted up to $260k and imports accounted up to $91.1M, resulting in a negative trade balance of $90.8M. Between August 2022 and August 2024 the exports of Philippines' Planes, Helicopters, and/or Spacecraft have increased by $190k (273%) from $69.8k to $260k, while imports increased by $81.3M (834%) from $9.76M to $91.1M.

Destinations In August 2024, Planes, Helicopters, and/or Spacecraft were exported mostly to United States ($260k), and were imported mostly from Indonesia ($59.3M), United States ($31.3M), Italy ($273k), Sweden ($147k), and Australia ($71k).

Growth In August 2024, the increase in Planes, Helicopters, and/or Spacecraft's year-by-year exports was explained primarily by an increase in exports to . In August 2024, the increase in Planes, Helicopters, and/or Spacecraft's year-by-year imports was explained primarily by an increase in imports from United States ($3.24M or 599k%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2022 - August 2024)$190k(273%)

IMPORT GROWTH (August 2023 - August 2024)$81.3M(834%)

MAIN DESTINATION (August 2024)United States$260k

This section shows Planes, Helicopters, and/or Spacecraft'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 Planes, Helicopters, and/or Spacecraft over time.

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