Scissors in Philippines | The Observatory of Economic Complexity

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Exports In 2023, Philippines exported $99.1k in Scissors, making it the 58th largest exporter of Scissors in the world. At the same year, Scissors was the 839th most exported product in Philippines. The main destination of Scissors exports from Philippines are: Japan ($85k), United Kingdom ($6.39k), Indonesia ($2.04k), Germany ($2.02k), and France ($957).

The fastest growing export markets for Scissors of Philippines between 2022 and 2023 were Japan ($39.4k), Indonesia ($1.58k), and Singapore ($859).

Imports In 2023, Philippines imported $5.86M in Scissors, becoming the 31st largest importer of Scissors in the world. At the same year, Scissors was the 764th most imported product in Philippines. Philippines imports Scissors primarily from: China ($5.33M), Japan ($181k), Singapore ($80.3k), South Korea ($49.9k), and Pakistan ($37.8k).

The fastest growing import markets in Scissors for Philippines between 2022 and 2023 were China ($609k), Singapore ($59.1k), and South Korea ($26.3k).

Latest Trends

July 2024

About

Overview In July 2024 Philippines' Scissors exports accounted up to $3.91k and imports accounted up to $259k, resulting in a negative trade balance of $255k. Between July 2021 and July 2024 the exports of Philippines' Scissors have increased by $1.32k (51.1%) from $2.59k to $3.91k, while imports decreased by $-96.1k (-27.1%) from $355k to $259k.

Destinations In July 2024, Scissors were exported mostly to Sierra Leone ($3.91k), and were imported mostly from China ($232k), Japan ($16.3k), United States ($3.66k), South Korea ($3.21k), and Vietnam ($2.32k).

Growth In July 2024, the increase in Scissors's year-by-year exports was explained primarily by an increase in exports to . In July 2024, the decrease in Scissors's year-by-year imports was explained primarily by a decrease in imports from United States ($-4.23k or -92.9%), South Korea ($-2.2k or -42.1%), and Singapore ($-1.82k or -97.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (July 2021 - July 2024)$1.32k(51.1%)

IMPORT GROWTH (July 2023 - July 2024)$-96.1k(-27.1%)

MAIN DESTINATION (July 2024)Sierra Leone$3.91k

This section shows Scissors'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 Scissors over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2023)$99.1k

IMPORTS (2023)$5.86M

NET TRADE (2023)-$5.76M

In 2023, Philippines exported $99.1k in Scissors. The main destinations of Philippines exports on Scissors were Japan ($85k), United Kingdom ($6.39k), Indonesia ($2.04k), Germany ($2.02k), and France ($957).

In 2023, Philippines imported $5.86M in Scissors, mainly from China ($5.33M), Japan ($181k), Singapore ($80.3k), South Korea ($49.9k), and Pakistan ($37.8k).

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