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2022
Exports | Imports $118k | $1.45BWorld Rnk 82 / 119
Flag Rnk 820 / 1127
World Rnk 8 / 188
Flag Rnk 15 / 1201
2021 - 2022
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN $115k | $296MJapan |  Indonesia
2022
ECONOMIC COMPLEXITY of Philippines0.63Rnk 38 / 124
2022
PRODUCT COMPLEXITY IN Semi-Finished Iron-0.9Rnk 813 / 1025

About

Exports In 2022, Philippines exported $118k in Semi-Finished Iron, making it the 82nd largest exporter of Semi-Finished Iron in the world. At the same year, Semi-Finished Iron was the 820th most exported product in Philippines. The main destination of Semi-Finished Iron exports from Philippines are: Japan ($118k) and Turkey ($503).

The fastest growing export markets for Semi-Finished Iron of Philippines between 2021 and 2022 were Japan ($115k) and Turkey ($503).

Imports In 2022, Philippines imported $1.45B in Semi-Finished Iron, becoming the 8th largest importer of Semi-Finished Iron in the world. At the same year, Semi-Finished Iron was the 15th most imported product in Philippines. Philippines imports Semi-Finished Iron primarily from: Indonesia ($427M), Russia ($349M), Vietnam ($216M), Malaysia ($163M), and Thailand ($133M).

The fastest growing import markets in Semi-Finished Iron for Philippines between 2021 and 2022 were Indonesia ($296M), China ($116M), and Malaysia ($110M).

COMPANIES In 2020, leading companies such as were at the forefront of shipping Semi-Finished Iron from Philippines to the United States.

Latest Trends

Feb 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 Semi-Finished Iron. 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 (2022)$118k
IMPORTS (2022)$1.45B
NET TRADE (2022)-$1.45B

In 2022, Philippines exported $118k in Semi-Finished Iron. The main destinations of Philippines exports on Semi-Finished Iron were Japan ($118k) and Turkey ($503).

In 2022, Philippines imported $1.45B in Semi-Finished Iron, mainly from Indonesia ($427M), Russia ($349M), Vietnam ($216M), Malaysia ($163M), and Thailand ($133M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Semi-Finished Iron EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Japan$115k (4.23k%)
Turkey$503 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Semi-Finished Iron BY Philippines WERE (2021 - 2022):
Papua New Guinea-$692 (-100%)
United States-$44 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Semi-Finished Iron were:
Russia $8.38B
Oman $3.44B
Brazil $3.42B
In 2022, Philippines's main importing competitors in Semi-Finished Iron were:
United States $3.03B
Turkey $2.81B
China $2.38B

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Trade Value of Semi-Finished Iron by Exporters

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