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2022
Exports $22MWorld Rnk 14 / 184
Flag Rnk 246 / 1127
2022
Destination $20M Japan
2021 - 2022
FASTEST GROWING MARKET $20MJapan
2022
PRODUCT COMPLEXITY IN Portable Lighting0.58Rnk 330 / 1025
2022
Imports $41.2MWorld Rnk 24 / 217
Flag Rnk 422 / 1201
2022
Origin $5.65M China
2021 - 2022
FASTEST GROWING ORIGIN $5.65MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $22M in Portable Lighting, making it the 14th largest exporter of Portable Lighting in the world. At the same year, Portable Lighting was the 246th most exported product in Philippines. The main destination of Portable Lighting exports from Philippines are: Japan ($21.9M), Malaysia ($50.7k), Singapore ($15.5k), Guatemala ($7.99k), and Canada ($6.95k).

The fastest growing export markets for Portable Lighting of Philippines between 2021 and 2022 were Japan ($20M), Malaysia ($35.2k), and Singapore ($15.5k).

Imports In 2022, Philippines imported $41.2M in Portable Lighting, becoming the 24th largest importer of Portable Lighting in the world. At the same year, Portable Lighting was the 422nd most imported product in Philippines. Philippines imports Portable Lighting primarily from: China ($40M), Japan ($446k), Singapore ($150k), United States ($106k), and Australia ($104k).

The fastest growing import markets in Portable Lighting for Philippines between 2021 and 2022 were China ($5.65M), Japan ($91.9k), and Hungary ($69.6k).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Portable Lighting exports accounted up to $296k and imports accounted up to $89.4k, resulting in a positive trade balance of $207k. Between April 2023 and June 2024 the exports of Philippines'   Portable Lighting have increased by $277k (1.49k%) from $18.6k to $296k, while imports decreased by $-599k (-87%) from $689k to $89.4k.

Destinations In June 2024, Portable Lighting were exported mostly to Japan ($295k) and Malaysia ($1.07k), and were imported mostly from Japan ($63.6k), United States ($9.95k), Germany ($6.78k), India ($4.06k), and Chinese Taipei ($2.25k).

Growth In June 2024, the increase in Portable Lighting's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the decrease in Portable Lighting's year-by-year imports was explained primarily by a decrease in imports from China ($-128k or -17.9%), Singapore ($-6.27k or -92.3%), and South Korea ($-4.51k or -79.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (April 2023 - June 2024)$277k(1.49k%)
IMPORT GROWTH (June 2023 - June 2024)$-599k(-87%)
MAIN DESTINATION (June 2024)Japan$295k

This section shows Portable Lighting'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 Portable Lighting over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$22M
IMPORTS (2022)$41.2M
NET TRADE (2022)-$19.2M

In 2022, Philippines exported $22M in Portable Lighting. The main destinations of Philippines exports on Portable Lighting were Japan ($21.9M), Malaysia ($50.7k), Singapore ($15.5k), Guatemala ($7.99k), and Canada ($6.95k).

In 2022, Philippines imported $41.2M in Portable Lighting, mainly from China ($40M), Japan ($446k), Singapore ($150k), United States ($106k), and Australia ($104k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Portable Lighting EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Japan$20M (1.05k%)
Malaysia$35.2k (226%)
Singapore$15.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Portable Lighting BY Philippines WERE (2021 - 2022):
Hong Kong-$15.5k (-100%)
Papua New Guinea-$3k (-100%)
Canada-$1.76k (-20.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Portable Lighting were:
China $3.19B
Germany $137M
United States $123M
In 2022, Philippines's main importing competitors in Portable Lighting were:
United States $1.03B
Germany $233M
Japan $155M

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Trade Value of Portable Lighting by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $15.6k
TOP IMPORT POTENTIALUnited States+ $190k

Portable Lighting’s highest export potential is United States. With an export gap of $15.6k.   Portable Lighting’s highest import potential is United States with an import gap of $190k.

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