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2022
Exports $1.06MWorld Rnk 43 / 78
Flag Rnk 600 / 1127
2022
Destination $27.1k Japan
2021 - 2022
FASTEST GROWING MARKET $27.1kIndonesia
2022
PRODUCT COMPLEXITY IN Precipitated Copper-1.33Rnk 919 / 1025
2022
Imports $13.7kWorld Rnk 61 / 101
Flag Rnk 1184 / 1201
2022
Origin $3.97k United States
2021 - 2022
FASTEST GROWING ORIGIN $3.97kChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $1.06M in Precipitated Copper, making it the 43rd largest exporter of Precipitated Copper in the world. At the same year, Precipitated Copper was the 600th most exported product in Philippines. The main destination of Precipitated Copper exports from Philippines are: Japan ($877k), South Korea ($158k), and Indonesia ($27.1k).

The fastest growing export markets for Precipitated Copper of Philippines between 2021 and 2022 were Indonesia ($27.1k).

Imports In 2022, Philippines imported $13.7k in Precipitated Copper, becoming the 61st largest importer of Precipitated Copper in the world. At the same year, Precipitated Copper was the 1184th most imported product in Philippines. Philippines imports Precipitated Copper primarily from: United States ($6.04k), China ($3.97k), South Korea ($3.4k), and Chinese Taipei ($326).

The fastest growing import markets in Precipitated Copper for Philippines between 2021 and 2022 were China ($3.97k).

Latest Trends

May 2024

About

Overview In May 2024 Philippines' Precipitated Copper exports accounted up to $342 and imports accounted up to $1.35k, resulting in a negative trade balance of $1.01k. Between February 2021 and May 2024 the exports of Philippines'   Precipitated Copper have decreased by $-253k (-99.9%) from $253k to $342, while imports increased by $815 (152%) from $535 to $1.35k.

Destinations In May 2024, Precipitated Copper were exported mostly to , and were imported mostly from .

Growth In May 2024, the decrease in Precipitated Copper's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the increase in Precipitated Copper's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2021 - May 2024)$-253k(-99.9%)
IMPORT GROWTH (November 2021 - June 2024)$815(152%)
MAIN DESTINATION (May 2024)

This section shows Precipitated Copper'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 Precipitated Copper over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.06M
IMPORTS (2022)$13.7k
NET TRADE (2022)$1.05M

In 2022, Philippines exported $1.06M in Precipitated Copper. The main destinations of Philippines exports on Precipitated Copper were Japan ($877k), South Korea ($158k), and Indonesia ($27.1k).

In 2022, Philippines imported $13.7k in Precipitated Copper, mainly from United States ($6.04k), China ($3.97k), South Korea ($3.4k), and Chinese Taipei ($326).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precipitated Copper EXPORT MARKETS FOR Philippines WERE (2021 - 2022):Indonesia$27.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precipitated Copper BY Philippines WERE (2021 - 2022):
Australia-$57.9M (-100%)
South Korea-$832k (-84.1%)
Japan-$142k (-13.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Precipitated Copper were:
Finland $772M
Canada $236M
Mexico $102M
In 2022, Philippines's main importing competitors in Precipitated Copper were:
Russia $641M
South Korea $256M
Germany $164M

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Trade Value of Precipitated Copper by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $133k
TOP IMPORT POTENTIALSouth Korea+ $3.4k

Precipitated Copper’s highest export potential is South Korea. With an export gap of $133k.   Precipitated Copper’s highest import potential is South Korea with an import gap of $3.4k.

See methodology.

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