2022
Exports
$186kWorld Rnk 58 / 142
Flag Rnk 780 / 1127
2022
PRODUCT COMPLEXITY IN Tool Plates
1.66Rnk 31 / 1025
2022
Imports
$8.89MWorld Rnk 53 / 188
Flag Rnk 741 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $186k in Tool Plates, making it the 58th largest exporter of Tool Plates in the world. At the same year, Tool Plates was the 780th most exported product in Philippines. The main destination of Tool Plates exports from Philippines are: Indonesia ($76.9k), Japan ($40.2k), Malaysia ($29.4k), Oman ($17.7k), and Thailand ($13.8k).

The fastest growing export markets for Tool Plates of Philippines between 2021 and 2022 were Indonesia ($30.9k), Malaysia ($25.2k), and Oman ($17.7k).

Imports In 2022, Philippines imported $8.89M in Tool Plates, becoming the 53rd largest importer of Tool Plates in the world. At the same year, Tool Plates was the 741st most imported product in Philippines. Philippines imports Tool Plates primarily from: Singapore ($4.41M), Japan ($1.64M), Israel ($952k), South Korea ($842k), and China ($343k).

The fastest growing import markets in Tool Plates for Philippines between 2021 and 2022 were Singapore ($2.36M), South Korea ($162k), and India ($52.7k).

Latest Trends

Mar 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 Tool Plates. 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)$186k
IMPORTS (2022)$8.89M
NET TRADE (2022)-$8.71M

In 2022, Philippines exported $186k in Tool Plates. The main destinations of Philippines exports on Tool Plates were Indonesia ($76.9k), Japan ($40.2k), Malaysia ($29.4k), Oman ($17.7k), and Thailand ($13.8k).

In 2022, Philippines imported $8.89M in Tool Plates, mainly from Singapore ($4.41M), Japan ($1.64M), Israel ($952k), South Korea ($842k), and China ($343k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tool Plates EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Indonesia$30.9k (67.3%)
Malaysia$25.2k (597%)
Oman$17.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tool Plates BY Philippines WERE (2021 - 2022):
Singapore-$146k (-98.4%)
Japan-$54.6k (-57.6%)
United Kingdom-$17.6k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Tool Plates were:
Germany $1.21B
Japan $880M
China $698M
In 2022, Philippines's main importing competitors in Tool Plates were:

Explore Visualizations

Trade Value of Tool Plates by Exporters

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