Platinum in Philippines | The Observatory of Economic Complexity

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Exports In 2022, Philippines exported $3.29M in Platinum, making it the 51st largest exporter of Platinum in the world. At the same year, Platinum was the 452nd most exported product in Philippines. The main destination of Platinum exports from Philippines are: Japan ($3.22M), Thailand ($52.3k), China ($17.2k), and Germany ($233).

The fastest growing export markets for Platinum of Philippines between 2021 and 2022 were Thailand ($52.3k) and China ($17.2k).

Imports In 2022, Philippines imported $13.8M in Platinum, becoming the 43rd largest importer of Platinum in the world. At the same year, Platinum was the 659th most imported product in Philippines. Philippines imports Platinum primarily from: Chinese Taipei ($8.81M), Japan ($4.06M), Hong Kong ($720k), United States ($177k), and Singapore ($19k).

The fastest growing import markets in Platinum for Philippines between 2021 and 2022 were Japan ($2.67M), Hong Kong ($699k), and United States ($96.6k).

Latest Trends

July 2024

About

Overview In July 2024 Philippines' Platinum exports accounted up to $165 and imports accounted up to $51.6k, resulting in a negative trade balance of $51.5k. Between March 2021 and July 2024 the exports of Philippines' Platinum have decreased by $-640 (-79.5%) from $805 to $165, while imports decreased by $-3.28k (-5.96%) from $54.9k to $51.6k.

Destinations In July 2024, Platinum were exported mostly to , and were imported mostly from Japan ($48.2k), Chinese Taipei ($2.42k), Singapore ($366), United States ($363), and Spain ($340).

Growth In July 2024, the decrease in Platinum's year-by-year exports was explained primarily by a decrease in exports to . In September 2024, the decrease in Platinum's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2021 - July 2024)$-640(-79.5%)

IMPORT GROWTH (September 2023 - September 2024)$-3.28k(-5.96%)

MAIN DESTINATION (July 2024)

This section shows Platinum'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 Platinum over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$3.29M

IMPORTS (2022)$13.8M

NET TRADE (2022)-$10.5M

In 2022, Philippines exported $3.29M in Platinum. The main destinations of Philippines exports on Platinum were Japan ($3.22M), Thailand ($52.3k), China ($17.2k), and Germany ($233).

In 2022, Philippines imported $13.8M in Platinum, mainly from Chinese Taipei ($8.81M), Japan ($4.06M), Hong Kong ($720k), United States ($177k), and Singapore ($19k).

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