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2022
Exports $108MWorld Rnk 25 / 197
Flag Rnk 108 / 1127
2022
Destination $745k Japan
2021 - 2022
FASTEST GROWING MARKET $745kIndonesia
2022
PRODUCT COMPLEXITY IN Plastic Building Materials0.12Rnk 515 / 1025
2022
Imports $104MWorld Rnk 30 / 225
Flag Rnk 257 / 1201
2022
Origin $27.7M China
2021 - 2022
FASTEST GROWING ORIGIN $27.7MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $108M in Plastic Building Materials, making it the 25th largest exporter of Plastic Building Materials in the world. At the same year, Plastic Building Materials was the 108th most exported product in Philippines. The main destination of Plastic Building Materials exports from Philippines are: Japan ($104M), Indonesia ($749k), Germany ($567k), Thailand ($543k), and Belgium ($374k).

The fastest growing export markets for Plastic Building Materials of Philippines between 2021 and 2022 were Indonesia ($745k), Belgium ($146k), and Denmark ($118k).

Imports In 2022, Philippines imported $104M in Plastic Building Materials, becoming the 30th largest importer of Plastic Building Materials in the world. At the same year, Plastic Building Materials was the 257th most imported product in Philippines. Philippines imports Plastic Building Materials primarily from: China ($86.6M), Malaysia ($3.19M), Chinese Taipei ($2.75M), United States ($2.18M), and India ($2.11M).

The fastest growing import markets in Plastic Building Materials for Philippines between 2021 and 2022 were China ($27.7M), India ($1.78M), and Chinese Taipei ($1.42M).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Plastic Building Materials exports accounted up to $5.63M and imports accounted up to $1M, resulting in a positive trade balance of $4.62M. Between June 2023 and June 2024 the exports of Philippines'   Plastic Building Materials have increased by $1.26M (28.7%) from $4.37M to $5.63M, while imports decreased by $-4.75M (-82.5%) from $5.76M to $1M.

Destinations In June 2024, Plastic Building Materials were exported mostly to Japan ($5.5M), Vietnam ($77.9k), Indonesia ($28.6k), Thailand ($8.13k), and Australia ($4.73k), and were imported mostly from South Korea ($186k), Australia ($173k), United States ($154k), Spain ($117k), and Japan ($90.7k).

Growth In June 2024, the increase in Plastic Building Materials's year-by-year exports was explained primarily by an increase in exports to Australia ($222k or 6.18k%), United States ($128k or 31.5k%), and Indonesia ($373 or 49.3%). In June 2024, the decrease in Plastic Building Materials's year-by-year imports was explained primarily by a decrease in imports from China ($-546k or -16.8%), United States ($-233k or -79.4%), and Chinese Taipei ($-140k or -76.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$1.26M(28.7%)
IMPORT GROWTH (June 2023 - June 2024)$-4.75M(-82.5%)
MAIN DESTINATION (June 2024)Japan$5.5M

This section shows Plastic Building Materials'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 Plastic Building Materials over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$108M
IMPORTS (2022)$104M
NET TRADE (2022)$3.25M

In 2022, Philippines exported $108M in Plastic Building Materials. The main destinations of Philippines exports on Plastic Building Materials were Japan ($104M), Indonesia ($749k), Germany ($567k), Thailand ($543k), and Belgium ($374k).

In 2022, Philippines imported $104M in Plastic Building Materials, mainly from China ($86.6M), Malaysia ($3.19M), Chinese Taipei ($2.75M), United States ($2.18M), and India ($2.11M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Plastic Building Materials EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Indonesia$745k (18k%)
Belgium$146k (64.2%)
Denmark$118k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastic Building Materials BY Philippines WERE (2021 - 2022):
Japan-$23.7M (-18.6%)
United States-$1.95M (-85.6%)
France-$308k (-80.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Plastic Building Materials were:
China $3.05B
Poland $2.23B
Germany $1.78B
In 2022, Philippines's main importing competitors in Plastic Building Materials were:
United States $2.87B
Germany $1.38B
France $1.18B

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Trade Value of Plastic Building Materials by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.93M
TOP IMPORT POTENTIALUnited States+ $1.98M

Plastic Building Materials’s highest export potential is United States. With an export gap of $4.93M.   Plastic Building Materials’s highest import potential is United States with an import gap of $1.98M.

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