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2022
Exports $2.16MWorld Rnk 55 / 113
Flag Rnk 516 / 1127
2022
Destination $856k China
2021 - 2022
FASTEST GROWING MARKET $856kThailand
2022
PRODUCT COMPLEXITY IN Raw Zinc-0.93Rnk 820 / 1025
2022
Imports $30.2MWorld Rnk 54 / 171
Flag Rnk 495 / 1201
2022
Origin $1.07M South Korea
2021 - 2022
FASTEST GROWING ORIGIN $1.07MJapan
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $2.16M in Raw Zinc, making it the 55th largest exporter of Raw Zinc in the world. At the same year, Raw Zinc was the 516th most exported product in Philippines. The main destination of Raw Zinc exports from Philippines are: China ($904k), Thailand ($856k), Indonesia ($285k), United Kingdom ($52.4k), and Malaysia ($32.4k).

The fastest growing export markets for Raw Zinc of Philippines between 2021 and 2022 were Thailand ($856k), China ($816k), and Indonesia ($285k).

Imports In 2022, Philippines imported $30.2M in Raw Zinc, becoming the 54th largest importer of Raw Zinc in the world. At the same year, Raw Zinc was the 495th most imported product in Philippines. Philippines imports Raw Zinc primarily from: South Korea ($13.9M), Japan ($7.33M), Chinese Taipei ($4.66M), Canada ($1.57M), and Hong Kong ($1.1M).

The fastest growing import markets in Raw Zinc for Philippines between 2021 and 2022 were Japan ($1.07M), Malaysia ($195k), and India ($64.1k).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Raw Zinc exports accounted up to $113k and imports accounted up to $1.36M, resulting in a negative trade balance of $1.25M. Between October 2022 and June 2024 the exports of Philippines'   Raw Zinc have decreased by $-339k (-74.9%) from $452k to $113k, while imports decreased by $-618k (-31.2%) from $1.98M to $1.36M.

Destinations In June 2024, Raw Zinc were exported mostly to China ($113k), and were imported mostly from South Korea ($686k), Australia ($227k), Hong Kong ($173k), Canada ($133k), and Chinese Taipei ($82.9k).

Growth In June 2024, the decrease in Raw Zinc's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the decrease in Raw Zinc's year-by-year imports was explained primarily by a decrease in imports from Japan ($-37.3k or -9.02%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2022 - June 2024)$-339k(-74.9%)
IMPORT GROWTH (June 2023 - June 2024)$-618k(-31.2%)
MAIN DESTINATION (June 2024)China$113k

This section shows Raw Zinc'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 Raw Zinc over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.16M
IMPORTS (2022)$30.2M
NET TRADE (2022)-$28M

In 2022, Philippines exported $2.16M in Raw Zinc. The main destinations of Philippines exports on Raw Zinc were China ($904k), Thailand ($856k), Indonesia ($285k), United Kingdom ($52.4k), and Malaysia ($32.4k).

In 2022, Philippines imported $30.2M in Raw Zinc, mainly from South Korea ($13.9M), Japan ($7.33M), Chinese Taipei ($4.66M), Canada ($1.57M), and Hong Kong ($1.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Zinc EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Thailand$856k (1%)
China$816k (922%)
Indonesia$285k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Zinc BY Philippines WERE (2021 - 2022):United States-$15.7k (-34.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Raw Zinc were:
South Korea $1.99B
Canada $1.51B
India $1.4B
In 2022, Philippines's main importing competitors in Raw Zinc were:
United States $2.86B
Turkey $1.5B
Germany $1.44B

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Trade Value of Raw Zinc by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $774k
TOP IMPORT POTENTIALCanada+ $1.25M

Raw Zinc’s highest export potential is China. With an export gap of $774k.   Raw Zinc’s highest import potential is Canada with an import gap of $1.25M.

See methodology.

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