2023
Exports
$15MWorld Rnk 43 / 102
Flag Rnk 276 / 1123
2023
PRODUCT COMPLEXITY IN Special Purpose Ships
-1.33Rnk 907 / 1025
2023
Imports
$652MWorld Rnk 12 / 174
Flag Rnk 33 / 1202
2023
ECONOMIC COMPLEXITY of Philippines
0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $15M in Special Purpose Ships, making it the 43rd largest exporter of Special Purpose Ships in the world. At the same year, Special Purpose Ships was the 276th most exported product in Philippines. The main destination of Special Purpose Ships exports from Philippines are: Singapore ($13.8M), China ($918k), and Indonesia ($308k).

The fastest growing export markets for Special Purpose Ships of Philippines between 2022 and 2023 were Singapore ($3.36M), China ($718k), and Indonesia ($308k).

Imports In 2023, Philippines imported $652M in Special Purpose Ships, becoming the 12th largest importer of Special Purpose Ships in the world. At the same year, Special Purpose Ships was the 33rd most imported product in Philippines. Philippines imports Special Purpose Ships primarily from: Singapore ($605M), China ($15.7M), Japan ($14.1M), Hong Kong ($6.53M), and United Arab Emirates ($5.24M).

The fastest growing import markets in Special Purpose Ships for Philippines between 2022 and 2023 were Singapore ($266M), United States ($453k), and India ($33.2k).

Latest Trends

Jan 2025

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 Special Purpose Ships. 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 (2023)$15M
IMPORTS (2023)$652M
NET TRADE (2023)-$637M

In 2023, Philippines exported $15M in Special Purpose Ships. The main destinations of Philippines exports on Special Purpose Ships were Singapore ($13.8M), China ($918k), and Indonesia ($308k).

In 2023, Philippines imported $652M in Special Purpose Ships, mainly from Singapore ($605M), China ($15.7M), Japan ($14.1M), Hong Kong ($6.53M), and United Arab Emirates ($5.24M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Special Purpose Ships EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
Singapore$3.36M (32.2%)
China$718k (359%)
Indonesia$308k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Special Purpose Ships BY Philippines WERE (2022 - 2023):Palau-$2.5k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Philippines's main exporting competitors in Special Purpose Ships were:
In 2023, Philippines's main importing competitors in Special Purpose Ships were:

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Trade Value of Special Purpose Ships by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $743
TOP IMPORT POTENTIALChina+ $4.91M

Special Purpose Ships’s highest export potential is India. With an export gap of $743.   Special Purpose Ships’s highest import potential is China with an import gap of $4.91M.

See methodology.

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