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2022
Exports $9.07MWorld Rnk 60 / 200
Flag Rnk 350 / 1127
2022
Destination $1.49M Japan
2021 - 2022
FASTEST GROWING MARKET $1.49MPoland
2022
PRODUCT COMPLEXITY IN Washing and Bottling Machines0.96Rnk 191 / 1025
2022
Imports $159MWorld Rnk 48 / 224
Flag Rnk 183 / 1201
2022
Origin $5.72M China
2021 - 2022
FASTEST GROWING ORIGIN $5.72MJapan
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $9.07M in Washing and Bottling Machines, making it the 60th largest exporter of Washing and Bottling Machines in the world. At the same year, Washing and Bottling Machines was the 350th most exported product in Philippines. The main destination of Washing and Bottling Machines exports from Philippines are: Japan ($4.86M), Poland ($1.49M), China ($397k), Chinese Taipei ($357k), and United States ($315k).

The fastest growing export markets for Washing and Bottling Machines of Philippines between 2021 and 2022 were Poland ($1.49M), Chinese Taipei ($243k), and Uzbekistan ($176k).

Imports In 2022, Philippines imported $159M in Washing and Bottling Machines, becoming the 48th largest importer of Washing and Bottling Machines in the world. At the same year, Washing and Bottling Machines was the 183rd most imported product in Philippines. Philippines imports Washing and Bottling Machines primarily from: China ($40.1M), Italy ($29.8M), Germany ($20.8M), Japan ($16M), and United States ($9.23M).

The fastest growing import markets in Washing and Bottling Machines for Philippines between 2021 and 2022 were Japan ($5.72M), China ($4.62M), and Italy ($4.37M).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Washing and Bottling Machines exports accounted up to $488k and imports accounted up to $9.68M, resulting in a negative trade balance of $9.19M. Between June 2023 and June 2024 the exports of Philippines'   Washing and Bottling Machines have decreased by $-2.57M (-84%) from $3.06M to $488k, while imports decreased by $-3.82M (-28.3%) from $13.5M to $9.68M.

Destinations In June 2024, Washing and Bottling Machines were exported mostly to Malaysia ($371k), Thailand ($114k), China ($2.63k), Germany ($348), and Australia ($286), and were imported mostly from Japan ($5.8M), Chinese Taipei ($1.34M), Italy ($718k), India ($465k), and Germany ($418k).

Growth In June 2024, the decrease in Washing and Bottling Machines's year-by-year exports was explained primarily by a decrease in exports to Indonesia ($-176k or -97%). In June 2024, the decrease in Washing and Bottling Machines's year-by-year imports was explained primarily by a decrease in imports from India ($-2.19M or -99.7%), Spain ($-1.21M or -71.5%), and Hong Kong ($-344k or -99.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-2.57M(-84%)
IMPORT GROWTH (June 2023 - June 2024)$-3.82M(-28.3%)
MAIN DESTINATION (June 2024)Malaysia$371k

This section shows Washing and Bottling Machines'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 Washing and Bottling Machines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$9.07M
IMPORTS (2022)$159M
NET TRADE (2022)-$150M

In 2022, Philippines exported $9.07M in Washing and Bottling Machines. The main destinations of Philippines exports on Washing and Bottling Machines were Japan ($4.86M), Poland ($1.49M), China ($397k), Chinese Taipei ($357k), and United States ($315k).

In 2022, Philippines imported $159M in Washing and Bottling Machines, mainly from China ($40.1M), Italy ($29.8M), Germany ($20.8M), Japan ($16M), and United States ($9.23M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Washing and Bottling Machines EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Poland$1.49M (1.24M%)
Chinese Taipei$243k (213%)
Uzbekistan$176k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Washing and Bottling Machines BY Philippines WERE (2021 - 2022):
China-$771k (-66%)
Japan-$707k (-12.7%)
India-$538k (-99.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Washing and Bottling Machines were:
Germany $7.48B
Italy $6.22B
China $3.97B
In 2022, Philippines's main importing competitors in Washing and Bottling Machines were:
United States $5.4B
Germany $2.33B
France $1.63B

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Trade Value of Washing and Bottling Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $929k
TOP IMPORT POTENTIALChina+ $14.8M

Washing and Bottling Machines’s highest export potential is United States. With an export gap of $929k.   Washing and Bottling Machines’s highest import potential is China with an import gap of $14.8M.

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