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2023
Exports $111kWorld Rnk 26 / 70
Flag Rnk 828 / 1123
2023
Destination $10.9k Japan
2022 - 2023
FASTEST GROWING MARKET $10.9kJapan
2023
Imports $50.8kWorld Rnk 51 / 118
Flag Rnk 1151 / 1202
2023
Origin $47.4k United States
2022 - 2023
FASTEST GROWING ORIGIN $47.4kUnited States
2023
ECONOMIC COMPLEXITY of Philippines0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $111k in Silver Clad Metals, making it the 26th largest exporter of Silver Clad Metals in the world. At the same year, Silver Clad Metals was the 828th most exported product in Philippines. The main destination of Silver Clad Metals exports from Philippines are: Japan ($111k) and China ($255).

The fastest growing export markets for Silver Clad Metals of Philippines between 2022 and 2023 were Japan ($10.9k) and China ($255).

Imports In 2023, Philippines imported $50.8k in Silver Clad Metals, becoming the 51st largest importer of Silver Clad Metals in the world. At the same year, Silver Clad Metals was the 1151st most imported product in Philippines. Philippines imports Silver Clad Metals primarily from: United States ($50.4k), China ($210), and Japan ($175).

The fastest growing import markets in Silver Clad Metals for Philippines between 2022 and 2023 were United States ($47.4k) and Japan ($175).

Latest Trends

August 2023

About

Overview In August 2023 Philippines' Silver Clad Metals exports accounted up to $255 and imports accounted up to $541, resulting in a negative trade balance of $286. Between July 2019 and August 2023 the exports of Philippines'   Silver Clad Metals have decreased by $-40.4k (-99.4%) from $40.6k to $255, while imports increased by $504 (1.36k%) from $37 to $541.

Destinations In August 2023, Silver Clad Metals were exported mostly to , and were imported mostly from .

Growth In August 2023, the decrease in Silver Clad Metals's year-by-year exports was explained primarily by a decrease in exports to . In March 2024, the increase in Silver Clad Metals's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2019 - August 2023)$-40.4k(-99.4%)
IMPORT GROWTH (November 2020 - March 2024)$504(1.36k%)
MAIN DESTINATION (August 2023)

This section shows Silver Clad Metals'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 Silver Clad Metals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$111k
IMPORTS (2023)$50.8k
NET TRADE (2023)$60.1k

In 2023, Philippines exported $111k in Silver Clad Metals. The main destinations of Philippines exports on Silver Clad Metals were Japan ($111k) and China ($255).

In 2023, Philippines imported $50.8k in Silver Clad Metals, mainly from United States ($50.4k), China ($210), and Japan ($175).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Silver Clad Metals EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
Japan$10.9k (11%)
China$255 (1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Philippines's main exporting competitors in Silver Clad Metals were:
Germany $35.8M
Japan $28.4M
United States $16M
In 2023, Philippines's main importing competitors in Silver Clad Metals were:
China $15M
Chinese Taipei $10.3M
Italy $8.38M

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Trade Value of Silver Clad Metals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $372
TOP IMPORT POTENTIALUnited States+ $2.56k

Silver Clad Metals’s highest export potential is China. With an export gap of $372.   Silver Clad Metals’s highest import potential is United States with an import gap of $2.56k.

See methodology.

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