2022
Exports | Imports
$16.8M | $9.72MWorld Rnk 21 / 127
Flag Rnk 284 / 1127
World Rnk 37 / 202
Flag Rnk 721 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.63Rnk 38 / 124
2022
PRODUCT COMPLEXITY IN Vending Machines
0.72Rnk 280 / 1025

About

Exports In 2022, Philippines exported $16.8M in Vending Machines, making it the 21st largest exporter of Vending Machines in the world. At the same year, Vending Machines was the 284th most exported product in Philippines. The main destination of Vending Machines exports from Philippines are: United States ($8.17M), Japan ($5.61M), United Kingdom ($2.03M), Austria ($224k), and France ($199k).

The fastest growing export markets for Vending Machines of Philippines between 2021 and 2022 were United States ($6.93M), United Kingdom ($2.03M), and Austria ($224k).

Imports In 2022, Philippines imported $9.72M in Vending Machines, becoming the 37th largest importer of Vending Machines in the world. At the same year, Vending Machines was the 721st most imported product in Philippines. Philippines imports Vending Machines primarily from: China ($3.92M), Israel ($2.64M), Hong Kong ($849k), Chinese Taipei ($698k), and Italy ($551k).

The fastest growing import markets in Vending Machines for Philippines between 2021 and 2022 were Israel ($2.63M), China ($1.64M), and Italy ($437k).

COMPANIES In 2020, leading companies such as were at the forefront of shipping Vending Machines from Philippines to the United States.

Latest Trends

Feb 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 Vending Machines. 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)$16.8M
IMPORTS (2022)$9.72M
NET TRADE (2022)$7.1M

In 2022, Philippines exported $16.8M in Vending Machines. The main destinations of Philippines exports on Vending Machines were United States ($8.17M), Japan ($5.61M), United Kingdom ($2.03M), Austria ($224k), and France ($199k).

In 2022, Philippines imported $9.72M in Vending Machines, mainly from China ($3.92M), Israel ($2.64M), Hong Kong ($849k), Chinese Taipei ($698k), and Italy ($551k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vending Machines EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United States$6.93M (562%)
United Kingdom$2.03M (1%)
Austria$224k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vending Machines BY Philippines WERE (2021 - 2022):
Japan-$5.17M (-48%)
China-$136k (-55.7%)
Chinese Taipei-$54k (-84.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Vending Machines were:
In 2022, Philippines's main importing competitors in Vending Machines were:

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Trade Value of Vending Machines by Exporters

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