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2022
Exports $18.9MWorld Rnk 48 / 168
Flag Rnk 265 / 1127
2022
Destination $2.12M Germany
2021 - 2022
FASTEST GROWING MARKET $2.12MJapan
2022
PRODUCT COMPLEXITY IN Prefabricated Buildings0.1Rnk 522 / 1025
2022
Imports $175MWorld Rnk 17 / 221
Flag Rnk 172 / 1201
2022
Origin $21.2M Vietnam
2021 - 2022
FASTEST GROWING ORIGIN $21.2MVietnam
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $18.9M in Prefabricated Buildings, making it the 48th largest exporter of Prefabricated Buildings in the world. At the same year, Prefabricated Buildings was the 265th most exported product in Philippines. The main destination of Prefabricated Buildings exports from Philippines are: Germany ($4.43M), Japan ($3.91M), Malaysia ($2.97M), United Kingdom ($1.36M), and India ($1.35M).

The fastest growing export markets for Prefabricated Buildings of Philippines between 2021 and 2022 were Japan ($2.12M), Malaysia ($1.88M), and Poland ($982k).

Imports In 2022, Philippines imported $175M in Prefabricated Buildings, becoming the 17th largest importer of Prefabricated Buildings in the world. At the same year, Prefabricated Buildings was the 172nd most imported product in Philippines. Philippines imports Prefabricated Buildings primarily from: Vietnam ($92.3M), China ($63M), South Korea ($7.18M), Malaysia ($6.74M), and Belgium ($1.26M).

The fastest growing import markets in Prefabricated Buildings for Philippines between 2021 and 2022 were Vietnam ($21.2M), China ($10.7M), and Belgium ($1.18M).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Prefabricated Buildings exports accounted up to $467k and imports accounted up to $6.85M, resulting in a negative trade balance of $6.38M. Between June 2023 and June 2024 the exports of Philippines'   Prefabricated Buildings have decreased by $-1.39M (-74.9%) from $1.86M to $467k, while imports decreased by $-5.42M (-44.2%) from $12.3M to $6.85M.

Destinations In June 2024, Prefabricated Buildings were exported mostly to United States ($373k), India ($37.5k), Singapore ($25.1k), France ($21k), and Hungary ($6.7k), and were imported mostly from Vietnam ($6.45M), South Korea ($150k), Netherlands ($150k), Thailand ($40.7k), and Italy ($36k).

Growth In June 2024, the decrease in Prefabricated Buildings's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the decrease in Prefabricated Buildings's year-by-year imports was explained primarily by a decrease in imports from Malaysia ($-56.8k or -40.1%) and Thailand ($-15.8k or -5.88%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-1.39M(-74.9%)
IMPORT GROWTH (June 2023 - June 2024)$-5.42M(-44.2%)
MAIN DESTINATION (June 2024)United States$373k

This section shows Prefabricated Buildings'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 Prefabricated Buildings over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$18.9M
IMPORTS (2022)$175M
NET TRADE (2022)-$156M

In 2022, Philippines exported $18.9M in Prefabricated Buildings. The main destinations of Philippines exports on Prefabricated Buildings were Germany ($4.43M), Japan ($3.91M), Malaysia ($2.97M), United Kingdom ($1.36M), and India ($1.35M).

In 2022, Philippines imported $175M in Prefabricated Buildings, mainly from Vietnam ($92.3M), China ($63M), South Korea ($7.18M), Malaysia ($6.74M), and Belgium ($1.26M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Prefabricated Buildings EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Japan$2.12M (118%)
Malaysia$1.88M (172%)
Poland$982k (8.51k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Prefabricated Buildings BY Philippines WERE (2021 - 2022):
India-$583k (-30.1%)
Germany-$131k (-2.88%)
Austria-$113k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Prefabricated Buildings were:
China $2.73B
Czechia $635M
Estonia $601M
In 2022, Philippines's main importing competitors in Prefabricated Buildings were:
Germany $1.54B
United States $816M
France $605M

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Trade Value of Prefabricated Buildings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $420k
TOP IMPORT POTENTIALChina+ $12.5M

Prefabricated Buildings’s highest export potential is Indonesia. With an export gap of $420k.   Prefabricated Buildings’s highest import potential is China with an import gap of $12.5M.

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