2022
Exports
$32.3MWorld Rnk 9 / 171
Flag Rnk 209 / 1127
2022
PRODUCT COMPLEXITY IN Vacuum Flask
0.56Rnk 338 / 1025
2022
Imports
$114MWorld Rnk 8 / 213
Flag Rnk 240 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

The fastest growing export markets for Vacuum Flask of Philippines between 2021 and 2022 were South Korea ($925k), Hong Kong ($462k), and Canada ($380k).

Imports In 2022, Philippines imported $114M in Vacuum Flask, becoming the 8th largest importer of Vacuum Flask in the world. At the same year, Vacuum Flask was the 240th most imported product in Philippines. Philippines imports Vacuum Flask primarily from: China ($112M), United States ($460k), Malaysia ($384k), Hong Kong ($204k), and Japan ($95.4k).

The fastest growing import markets in Vacuum Flask for Philippines between 2021 and 2022 were China ($69.5M), United States ($373k), and Thailand ($83.8k).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-651k(-25.4%)
IMPORT GROWTH (June 2023 - June 2024)$-2.19M(-92.6%)
MAIN DESTINATION (June 2024)Japan$1.65M

This section shows Vacuum Flask'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 Vacuum Flask over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$32.3M
IMPORTS (2022)$114M
NET TRADE (2022)-$81.3M

In 2022, Philippines imported $114M in Vacuum Flask, mainly from China ($112M), United States ($460k), Malaysia ($384k), Hong Kong ($204k), and Japan ($95.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vacuum Flask EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
South Korea$925k (73.6%)
Hong Kong$462k (20.5%)
Canada$380k (26.1k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vacuum Flask BY Philippines WERE (2021 - 2022):
China-$9.09M (-97.4%)
Japan-$5.45M (-17.4%)
France-$300k (-96.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Vacuum Flask by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $950k
TOP IMPORT POTENTIALUnited States+ $559k

Vacuum Flask’s highest export potential is South Korea. With an export gap of $950k.   Vacuum Flask’s highest import potential is United States with an import gap of $559k.

See methodology.

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