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2022
Exports $41.6MWorld Rnk 31 / 189
Flag Rnk 184 / 1127
2022
Destination $5.13M Japan
2021 - 2022
FASTEST GROWING MARKET $5.13MChina
2022
PRODUCT COMPLEXITY IN X-Ray Equipment1.41Rnk 68 / 1025
2022
Imports $102MWorld Rnk 42 / 218
Flag Rnk 267 / 1201
2022
Origin $5M China
2021 - 2022
FASTEST GROWING ORIGIN $5MJapan
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $41.6M in X-Ray Equipment, making it the 31st largest exporter of X-Ray Equipment in the world. At the same year, X-Ray Equipment was the 184th most exported product in Philippines. The main destination of X-Ray Equipment exports from Philippines are: Japan ($27.4M), China ($6.42M), Singapore ($1.27M), France ($1.06M), and United States ($868k).

The fastest growing export markets for X-Ray Equipment of Philippines between 2021 and 2022 were China ($5.13M), Japan ($4.58M), and France ($900k).

Imports In 2022, Philippines imported $102M in X-Ray Equipment, becoming the 42nd largest importer of X-Ray Equipment in the world. At the same year, X-Ray Equipment was the 267th most imported product in Philippines. Philippines imports X-Ray Equipment primarily from: China ($26.4M), Japan ($15.8M), Germany ($14.3M), United States ($10.4M), and South Korea ($8.76M).

The fastest growing import markets in X-Ray Equipment for Philippines between 2021 and 2022 were Japan ($5M), Netherlands ($3.04M), and France ($1.02M).

COMPANIES In 2023, leading companies such as Walong Marketing (11) were at the forefront of shipping X-Ray Equipment from Philippines to the United States.

Latest Trends

September 2024

About

Overview In September 2024 Philippines' X-Ray Equipment exports accounted up to $491k and imports accounted up to $11M, resulting in a negative trade balance of $10.5M. Between September 2023 and September 2024 the exports of Philippines'   X-Ray Equipment have increased by $160k (48.2%) from $331k to $491k, while imports increased by $4.69M (73.9%) from $6.35M to $11M.

Destinations In September 2024, X-Ray Equipment were exported mostly to Germany ($398k), Singapore ($66.8k), United States ($10.5k), Iraq ($9k), and China ($6.2k), and were imported mostly from China ($5.1M), United States ($2.27M), Germany ($1.46M), Japan ($1.12M), and South Korea ($348k).

Growth In September 2024, the increase in X-Ray Equipment's year-by-year exports was explained primarily by an increase in exports to Germany ($82.2k or 41.4%), Netherlands ($7.25k or 1.16k%), and United States ($6.66k or 33.2%). In September 2024, the increase in X-Ray Equipment's year-by-year imports was explained primarily by an increase in imports from United States ($1.15M or 66.8%), South Korea ($570k or 321%), and India ($231k or 235%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$160k(48.2%)
IMPORT GROWTH (September 2023 - September 2024)$4.69M(73.9%)
MAIN DESTINATION (September 2024)Germany$398k

This section shows X-Ray Equipment'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 X-Ray Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$41.6M
IMPORTS (2022)$102M
NET TRADE (2022)-$60.4M

In 2022, Philippines exported $41.6M in X-Ray Equipment. The main destinations of Philippines exports on X-Ray Equipment were Japan ($27.4M), China ($6.42M), Singapore ($1.27M), France ($1.06M), and United States ($868k).

In 2022, Philippines imported $102M in X-Ray Equipment, mainly from China ($26.4M), Japan ($15.8M), Germany ($14.3M), United States ($10.4M), and South Korea ($8.76M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING X-Ray Equipment EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
China$5.13M (396%)
Japan$4.58M (20.1%)
France$900k (555%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF X-Ray Equipment BY Philippines WERE (2021 - 2022):
Singapore-$817k (-39.1%)
Malaysia-$301k (-81.2%)
Kuwait-$195k (-56.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in X-Ray Equipment were:
Germany $5.71B
United States $3.86B
China $3B
In 2022, Philippines's main importing competitors in X-Ray Equipment were:
United States $4.55B
China $3.4B
Germany $1.66B

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Trade Value of X-Ray Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $8.24M
TOP IMPORT POTENTIALChina+ $9.43M

X-Ray Equipment’s highest export potential is China. With an export gap of $8.24M.   X-Ray Equipment’s highest import potential is China with an import gap of $9.43M.

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