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2022
Exports $173MWorld Rnk 12 / 184
Flag Rnk 70 / 1127
2022
Destination $22.6M Thailand
2021 - 2022
FASTEST GROWING MARKET $22.6MThailand
2022
PRODUCT COMPLEXITY IN Revolution Counters1.07Rnk 145 / 1025
2022
Imports $15MWorld Rnk 44 / 214
Flag Rnk 642 / 1201
2022
Origin $1.23M Indonesia
2021 - 2022
FASTEST GROWING ORIGIN $1.23MIndonesia
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $173M in Revolution Counters, making it the 12th largest exporter of Revolution Counters in the world. At the same year, Revolution Counters was the 70th most exported product in Philippines. The main destination of Revolution Counters exports from Philippines are: Thailand ($43.7M), South Korea ($29.5M), Malaysia ($19.8M), United States ($19M), and Indonesia ($17.4M).

The fastest growing export markets for Revolution Counters of Philippines between 2021 and 2022 were Thailand ($22.6M), Malaysia ($11.1M), and South Korea ($8.35M).

Imports In 2022, Philippines imported $15M in Revolution Counters, becoming the 44th largest importer of Revolution Counters in the world. At the same year, Revolution Counters was the 642nd most imported product in Philippines. Philippines imports Revolution Counters primarily from: Indonesia ($4.67M), Thailand ($2.44M), China ($2.03M), Malaysia ($1.43M), and Japan ($1.15M).

The fastest growing import markets in Revolution Counters for Philippines between 2021 and 2022 were Indonesia ($1.23M), Malaysia ($941k), and China ($446k).

Latest Trends

August 2024

About

Overview In August 2024 Philippines' Revolution Counters exports accounted up to $18.6M and imports accounted up to $631k, resulting in a positive trade balance of $17.9M. Between August 2023 and August 2024 the exports of Philippines'   Revolution Counters have increased by $1.61M (9.51%) from $17M to $18.6M, while imports increased by $18.6k (3.03%) from $613k to $631k.

Destinations In August 2024, Revolution Counters were exported mostly to Japan ($2.62M), Malaysia ($2.55M), South Korea ($2.37M), Thailand ($2.1M), and China ($1.79M), and were imported mostly from Indonesia ($124k), Thailand ($114k), Japan ($108k), Malaysia ($70.5k), and China ($66.7k).

Growth In August 2024, the increase in Revolution Counters's year-by-year exports was explained primarily by an increase in exports to Thailand ($2.22M or 144%), United States ($788k or 130%), and South Korea ($467k or 14.9%). In August 2024, the increase in Revolution Counters's year-by-year imports was explained primarily by an increase in imports from Malaysia ($79.3k or 195%), Indonesia ($24.7k or 14.3%), and China ($17.3k or 58.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$1.61M(9.51%)
IMPORT GROWTH (August 2023 - August 2024)$18.6k(3.03%)
MAIN DESTINATION (August 2024)Japan$2.62M

This section shows Revolution Counters'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 Revolution Counters over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$173M
IMPORTS (2022)$15M
NET TRADE (2022)$158M

In 2022, Philippines exported $173M in Revolution Counters. The main destinations of Philippines exports on Revolution Counters were Thailand ($43.7M), South Korea ($29.5M), Malaysia ($19.8M), United States ($19M), and Indonesia ($17.4M).

In 2022, Philippines imported $15M in Revolution Counters, mainly from Indonesia ($4.67M), Thailand ($2.44M), China ($2.03M), Malaysia ($1.43M), and Japan ($1.15M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Revolution Counters EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Thailand$22.6M (107%)
Malaysia$11.1M (128%)
South Korea$8.35M (39.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Revolution Counters BY Philippines WERE (2021 - 2022):
Japan-$3.15M (-25.3%)
Chinese Taipei-$1.46M (-21%)
Mexico-$697k (-36.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Revolution Counters were:
Germany $1.53B
Portugal $1.35B
Mexico $1.05B
In 2022, Philippines's main importing competitors in Revolution Counters were:
United States $1.75B
Germany $1.54B
China $984M

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Trade Value of Revolution Counters by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $11.8M
TOP IMPORT POTENTIALChina+ $2.04M

Revolution Counters’s highest export potential is United States. With an export gap of $11.8M.   Revolution Counters’s highest import potential is China with an import gap of $2.04M.

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