2022
Exports
$1.61BWorld Rnk 47 / 226
Flag Rnk 12 / 21
2022
PRODUCT COMPLEXITY IN Transportation
1.48Rnk 58 / 1025
2022
Imports
$13.2BWorld Rnk 33 / 226
Flag Rnk 4 / 21
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $1.61B in Transportation, making it the 47th largest exporter of Transportation in the world. At the same year, Transportation was the 12th most exported product in Philippines. The main destination of Transportation exports from Philippines are: Thailand ($311M), Japan ($271M), Indonesia ($179M), Germany ($162M), and United States ($150M).

The fastest growing export markets for Transportation of Philippines between 2021 and 2022 were Germany ($142M), Indonesia ($108M), and Singapore ($24.3M).

Imports In 2022, Philippines imported $13.2B in Transportation, becoming the 33rd largest importer of Transportation in the world. At the same year, Transportation was the 4th most imported product in Philippines. Philippines imports Transportation primarily from: Indonesia ($3.48B), China ($2.86B), Thailand ($2.05B), Japan ($1.39B), and Singapore ($471M).

The fastest growing import markets in Transportation for Philippines between 2021 and 2022 were Indonesia ($1.07B), Singapore ($373M), and China ($226M).

COMPANIES In 2023, leading companies such as Brother Industries (4), Cinmar (3), and PVH (Phillips-Van Heusen Corporation) (2) were at the forefront of shipping Transportation from Philippines to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$60.1M(47.3%)
IMPORT GROWTH (July 2023 - July 2024)$27.8M(2.66%)
MAIN DESTINATION (July 2024)Japan$75.2M

This section shows Transportation'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 Transportation over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.61B
IMPORTS (2022)$13.2B
NET TRADE (2022)-$11.6B

In 2022, Philippines exported $1.61B in Transportation. The main destinations of Philippines exports on Transportation were Thailand ($311M), Japan ($271M), Indonesia ($179M), Germany ($162M), and United States ($150M).

In 2022, Philippines imported $13.2B in Transportation, mainly from Indonesia ($3.48B), China ($2.86B), Thailand ($2.05B), Japan ($1.39B), and Singapore ($471M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Transportation EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Germany$142M (699%)
Indonesia$108M (152%)
Singapore$24.3M (35.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Transportation BY Philippines WERE (2021 - 2022):
Japan-$375M (-58%)
Spain-$109M (-88.2%)
Denmark-$65.6M (-98.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Transportation were:
In 2022, Philippines's main importing competitors in Transportation were:

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Trade Value of Transportation by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $86.5M
TOP IMPORT POTENTIALChina+ $672M

Transportation’s highest export potential is United States. With an export gap of $86.5M.   Transportation’s highest import potential is China with an import gap of $672M.

See methodology.

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