Exports In 2023, Philippines exported $2.19M in Tug Boats, making it the 46th largest exporter of Tug Boats in the world. At the same year, Tug Boats was the 508th most exported product in Philippines. The main destination of Tug Boats exports from Philippines are: United Arab Emirates ($1.31M) and Indonesia ($882k).
The fastest growing export markets for Tug Boats of Philippines between 2022 and 2023 were United Arab Emirates ($1.31M) and Indonesia ($882k).
Imports In 2023, Philippines imported $34.3M in Tug Boats, becoming the 23rd largest importer of Tug Boats in the world. At the same year, Tug Boats was the 408th most imported product in Philippines. Philippines imports Tug Boats primarily from: China ($12.1M), Vietnam ($9.55M), Malaysia ($4.21M), South Korea ($3.03M), and Singapore ($2.98M).
The fastest growing import markets in Tug Boats for Philippines between 2022 and 2023 were Vietnam ($9.55M), China ($4M), and South Korea ($2.42M).
COMPANIES In 2023, leading companies such as Cinmar (3) were at the forefront of shipping Tug Boats from Philippines to the United States.