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2022
Exports $18.7MWorld Rnk 34 / 166
Flag Rnk 269 / 1127
2022
Destination $323k Japan
2021 - 2022
FASTEST GROWING MARKET $323kHong Kong
2022
PRODUCT COMPLEXITY IN Rubber Sheets0.93Rnk 199 / 1025
2022
Imports $18.7MWorld Rnk 47 / 216
Flag Rnk 591 / 1201
2022
Origin $2.86M China
2021 - 2022
FASTEST GROWING ORIGIN $2.86MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $18.7M in Rubber Sheets, making it the 34th largest exporter of Rubber Sheets in the world. At the same year, Rubber Sheets was the 269th most exported product in Philippines. The main destination of Rubber Sheets exports from Philippines are: Japan ($17.5M), Hong Kong ($382k), Mexico ($290k), Indonesia ($197k), and China ($101k).

The fastest growing export markets for Rubber Sheets of Philippines between 2021 and 2022 were Hong Kong ($323k), Thailand ($40.3k), and Afghanistan ($17.4k).

Imports In 2022, Philippines imported $18.7M in Rubber Sheets, becoming the 47th largest importer of Rubber Sheets in the world. At the same year, Rubber Sheets was the 591st most imported product in Philippines. Philippines imports Rubber Sheets primarily from: China ($9.12M), Japan ($3.49M), Malaysia ($1.39M), Singapore ($804k), and Thailand ($610k).

The fastest growing import markets in Rubber Sheets for Philippines between 2021 and 2022 were China ($2.86M), Singapore ($333k), and Germany ($302k).

Latest Trends

October 2024

About

Overview In October 2024 Philippines' Rubber Sheets exports accounted up to $1.26M and imports accounted up to $1.77M, resulting in a negative trade balance of $507k. Between October 2023 and October 2024 the exports of Philippines'   Rubber Sheets have increased by $791k (168%) from $471k to $1.26M, while imports decreased by $-4.23M (-70.5%) from $6M to $1.77M.

Destinations In October 2024, Rubber Sheets were exported mostly to Japan ($1.18M), Hong Kong ($33k), Mexico ($29.8k), India ($14k), and Indonesia ($8.43k), and were imported mostly from China ($820k), Japan ($553k), Thailand ($105k), Germany ($68.4k), and South Korea ($68.1k).

Growth In October 2024, the increase in Rubber Sheets's year-by-year exports was explained primarily by an increase in exports to Hong Kong ($50.9k or 710%), Mexico ($26.4k or 82%), and Indonesia ($6.86k or 28.8%). In October 2024, the decrease in Rubber Sheets's year-by-year imports was explained primarily by a decrease in imports from Chinese Taipei ($-51.1k or -48.1%), Thailand ($-23.1k or -80.6%), and Singapore ($-22.6k or -96.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$791k(168%)
IMPORT GROWTH (October 2023 - October 2024)$-4.23M(-70.5%)
MAIN DESTINATION (October 2024)Japan$1.18M

This section shows Rubber Sheets'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 Sheets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$18.7M
IMPORTS (2022)$18.7M
NET TRADE (2022)-$15.4k

In 2022, Philippines exported $18.7M in Rubber Sheets. The main destinations of Philippines exports on Rubber Sheets were Japan ($17.5M), Hong Kong ($382k), Mexico ($290k), Indonesia ($197k), and China ($101k).

In 2022, Philippines imported $18.7M in Rubber Sheets, mainly from China ($9.12M), Japan ($3.49M), Malaysia ($1.39M), Singapore ($804k), and Thailand ($610k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Sheets EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Hong Kong$323k (548%)
Thailand$40.3k (970%)
Afghanistan$17.4k (237%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Sheets BY Philippines WERE (2021 - 2022):
Japan-$1.21M (-6.49%)
China-$737k (-88%)
Mexico-$128k (-30.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Rubber Sheets were:
Germany $973M
China $660M
United States $422M
In 2022, Philippines's main importing competitors in Rubber Sheets were:
Germany $516M
United States $475M
France $263M

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Trade Value of Rubber Sheets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $116k
TOP IMPORT POTENTIALChina+ $1.83M

Rubber Sheets’s highest export potential is China. With an export gap of $116k.   Rubber Sheets’s highest import potential is China with an import gap of $1.83M.

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