Exports In 2022, Philippines exported $9.83B in Precious Metals, making it the 22nd largest exporter of Precious Metals in the world. At the same year, Precious Metals was the 2nd most exported product in Philippines. The main destination of Precious Metals exports from Philippines are: Switzerland ($3.81B), United Kingdom ($3.42B), Hong Kong ($1.14B), United Arab Emirates ($931M), and India ($140M).
The fastest growing export markets for Precious Metals of Philippines between 2021 and 2022 were United Kingdom ($3.42B), Switzerland ($3.09B), and United Arab Emirates ($920M).
Imports In 2022, Philippines imported $450M in Precious Metals, becoming the 56th largest importer of Precious Metals in the world. At the same year, Precious Metals was the 19th most imported product in Philippines. Philippines imports Precious Metals primarily from: South Korea ($139M), Singapore ($94.9M), Japan ($45M), China ($42M), and Canada ($40.3M).
The fastest growing import markets in Precious Metals for Philippines between 2021 and 2022 were Ireland ($9.73M), South Korea ($7.29M), and Spain ($4.84M).
COMPANIES In 2023, leading companies such as Bedrosians Tile & Stone (20), Del Monte Foods (8), and Euromarket Designs (1) were at the forefront of shipping Precious Metals from Philippines to the United States.