2020
Exports
$281kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Scrap Vessels
-1.24Rnk 890 / 1025
2020
Imports
$113kWorld Rnk 36 / 100
Flag Rnk 1136 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Imports In 2022, Philippines imported $113k in Scrap Vessels, becoming the 36th largest importer of Scrap Vessels in the world. At the same year, Scrap Vessels was the 1136th most imported product in Philippines. Philippines imports Scrap Vessels primarily from: Israel ($58k), South Korea ($42.7k), China ($6.04k), United Kingdom ($3.6k), and Singapore ($1.48k).

The fastest growing import markets in Scrap Vessels for Philippines between 2021 and 2022 were Israel ($58k), South Korea ($22.3k), and China ($6.04k).

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Scrap Vessels. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2020)$281k
IMPORTS (2022)$113k
NET TRADE (2022)-$113k

In 2022, Philippines imported $113k in Scrap Vessels, mainly from Israel ($58k), South Korea ($42.7k), China ($6.04k), United Kingdom ($3.6k), and Singapore ($1.48k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Scrap Vessels were:
In 2022, Philippines's main importing competitors in Scrap Vessels were:

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Trade Value of Scrap Vessels by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $586
TOP IMPORT POTENTIALSouth Korea+ $17.7k

Scrap Vessels’s highest export potential is India. With an export gap of $586.   Scrap Vessels’s highest import potential is South Korea with an import gap of $17.7k.

See methodology.

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