Precious Metal Compounds in Philippines | The Observatory of Economic Complexity

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Exports In 2022, Philippines exported $5.4M in Precious Metal Compounds, making it the 30th largest exporter of Precious Metal Compounds in the world. At the same year, Precious Metal Compounds was the 405th most exported product in Philippines. The main destination of Precious Metal Compounds exports from Philippines are: Chinese Taipei ($5.22M) and United States ($183k).

The fastest growing export markets for Precious Metal Compounds of Philippines between 2021 and 2022 were Chinese Taipei ($3.32M) and United States ($133k).

Imports In 2022, Philippines imported $37.3M in Precious Metal Compounds, becoming the 33rd largest importer of Precious Metal Compounds in the world. At the same year, Precious Metal Compounds was the 448th most imported product in Philippines. Philippines imports Precious Metal Compounds primarily from: Japan ($23.5M), Chinese Taipei ($9.63M), Hong Kong ($3.05M), Germany ($339k), and South Korea ($271k).

The fastest growing import markets in Precious Metal Compounds for Philippines between 2021 and 2022 were Japan ($1.45M), Hong Kong ($1.01M), and Germany ($275k).

Latest Trends

August 2021

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Overview In August 2021 Philippines' Precious Metal Compounds exports accounted up to $165k and imports accounted up to $3.18M, resulting in a negative trade balance of $3.01M. Between July 2020 and August 2021 the exports of Philippines' Precious Metal Compounds have increased by $164k (235k%) from $70 to $165k, while imports increased by $1.73M (119%) from $1.45M to $3.18M.

Destinations In August 2021, Precious Metal Compounds were exported mostly to Chinese Taipei ($163k) and Japan ($1.42k), and were imported mostly from Japan ($1.79M), Chinese Taipei ($1.31M), Hong Kong ($73.5k), United States ($2.28k), and India ($773).

Growth In August 2021, the increase in Precious Metal Compounds's year-by-year exports was explained primarily by an increase in exports to . In August 2021, the increase in Precious Metal Compounds's year-by-year imports was explained primarily by an increase in imports from Japan ($203k or 16.8%), Hong Kong ($51k or 33.3%), and Singapore ($2.5k or 174%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (July 2020 - August 2021)$164k(235k%)

IMPORT GROWTH (August 2020 - August 2021)$1.73M(119%)

MAIN DESTINATION (August 2021)Chinese Taipei$163k

This section shows Precious Metal Compounds'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 Precious Metal Compounds over time.

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