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2022
Exports $5.56MWorld Rnk 55 / 211
Flag Rnk 399 / 1127
2022
Destination $156k United States
2021 - 2022
FASTEST GROWING MARKET $156kKuwait
2022
PRODUCT COMPLEXITY IN Rubber Pipes0.79Rnk 251 / 1025
2022
Imports $47.2MWorld Rnk 44 / 224
Flag Rnk 396 / 1201
2022
Origin $1.45M China
2021 - 2022
FASTEST GROWING ORIGIN $1.45MMalaysia
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $5.56M in Rubber Pipes, making it the 55th largest exporter of Rubber Pipes in the world. At the same year, Rubber Pipes was the 399th most exported product in Philippines. The main destination of Rubber Pipes exports from Philippines are: United States ($2.82M), Japan ($897k), Australia ($511k), Mexico ($367k), and Kuwait ($227k).

The fastest growing export markets for Rubber Pipes of Philippines between 2021 and 2022 were Kuwait ($156k), United Kingdom ($146k), and Mexico ($97k).

Imports In 2022, Philippines imported $47.2M in Rubber Pipes, becoming the 44th largest importer of Rubber Pipes in the world. At the same year, Rubber Pipes was the 396th most imported product in Philippines. Philippines imports Rubber Pipes primarily from: China ($18.5M), Thailand ($6.38M), Malaysia ($5.01M), Singapore ($4.57M), and Japan ($2.92M).

The fastest growing import markets in Rubber Pipes for Philippines between 2021 and 2022 were Malaysia ($1.45M), United Kingdom ($1.26M), and Japan ($1.25M).

Latest Trends

October 2024

About

Overview In October 2024 Philippines' Rubber Pipes exports accounted up to $276k and imports accounted up to $3.91M, resulting in a negative trade balance of $3.63M. Between October 2023 and October 2024 the exports of Philippines'   Rubber Pipes have increased by $178k (180%) from $98.6k to $276k, while imports increased by $239k (6.52%) from $3.67M to $3.91M.

Destinations In October 2024, Rubber Pipes were exported mostly to Japan ($268k), China ($4.53k), Thailand ($1.47k), Singapore ($1.28k), and Indonesia ($961), and were imported mostly from China ($1.28M), Japan ($579k), Vietnam ($323k), Malaysia ($273k), and Singapore ($251k).

Growth In October 2024, the increase in Rubber Pipes's year-by-year exports was explained primarily by an increase in exports to China ($2.62k or 94.1%). In October 2024, the increase in Rubber Pipes's year-by-year imports was explained primarily by an increase in imports from United States ($398k or 200%), Indonesia ($397k or 7.05k%), and Italy ($192k or 1.49k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$178k(180%)
IMPORT GROWTH (October 2023 - October 2024)$239k(6.52%)
MAIN DESTINATION (October 2024)Japan$268k

This section shows Rubber Pipes'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 Rubber Pipes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.56M
IMPORTS (2022)$47.2M
NET TRADE (2022)-$41.7M

In 2022, Philippines exported $5.56M in Rubber Pipes. The main destinations of Philippines exports on Rubber Pipes were United States ($2.82M), Japan ($897k), Australia ($511k), Mexico ($367k), and Kuwait ($227k).

In 2022, Philippines imported $47.2M in Rubber Pipes, mainly from China ($18.5M), Thailand ($6.38M), Malaysia ($5.01M), Singapore ($4.57M), and Japan ($2.92M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Pipes EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Kuwait$156k (220%)
United Kingdom$146k (1%)
Mexico$97k (35.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Pipes BY Philippines WERE (2021 - 2022):
United States-$847k (-23.1%)
Australia-$412k (-44.6%)
Japan-$238k (-20.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Rubber Pipes were:
China $1.55B
United States $1.12B
Germany $1.1B
In 2022, Philippines's main importing competitors in Rubber Pipes were:
United States $2.15B
Germany $1.08B
Canada $558M

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Trade Value of Rubber Pipes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.08M
TOP IMPORT POTENTIALChina+ $5.72M

Rubber Pipes’s highest export potential is United States. With an export gap of $2.08M.   Rubber Pipes’s highest import potential is China with an import gap of $5.72M.

See methodology.

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