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2023
Exports $11.4MWorld Rnk 51 / 170
Flag Rnk 77 / 96
2023
Destination $685k Thailand
2022 - 2023
FASTEST GROWING MARKET $685kIndia
2023
PRODUCT COMPLEXITY IN Zinc articles0.68Rnk 291 / 1025
2023
Imports $23.1MWorld Rnk 60 / 217
Flag Rnk 87 / 96
2023
Origin $4.43M South Korea
2022 - 2023
FASTEST GROWING ORIGIN $4.43MChinese Taipei
2023
ECONOMIC COMPLEXITY of Philippines0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $11.4M in Zinc articles, making it the 51st largest exporter of Zinc articles in the world. At the same year, Zinc articles was the 77th most exported product in Philippines. The main destination of Zinc articles exports from Philippines are: Thailand ($4.86M), India ($2.31M), China ($1.35M), Japan ($749k), and Singapore ($747k).

The fastest growing export markets for Zinc articles of Philippines between 2022 and 2023 were India ($685k), Singapore ($400k), and Romania ($317k).

Imports In 2023, Philippines imported $23.1M in Zinc articles, becoming the 60th largest importer of Zinc articles in the world. At the same year, Zinc articles was the 87th most imported product in Philippines. Philippines imports Zinc articles primarily from: South Korea ($6.74M), Chinese Taipei ($5.98M), Japan ($4.31M), Hong Kong ($1.83M), and China ($1.19M).

The fastest growing import markets in Zinc articles for Philippines between 2022 and 2023 were Chinese Taipei ($4.43M), Hong Kong ($413k), and United Arab Emirates ($267k).

Latest Trends

July 2024

About

Overview In July 2024 Philippines' Zinc articles exports accounted up to $840k and imports accounted up to $1.82M, resulting in a negative trade balance of $978k. Between July 2023 and July 2024 the exports of Philippines'   Zinc articles have increased by $267k (46.6%) from $573k to $840k, while imports increased by $677k (59.3%) from $1.14M to $1.82M.

Destinations In July 2024, Zinc articles were exported mostly to India ($250k), China ($154k), Thailand ($140k), Cambodia ($127k), and Japan ($114k), and were imported mostly from South Korea ($908k), Japan ($229k), Hong Kong ($202k), Chinese Taipei ($174k), and China ($140k).

Growth In July 2024, the increase in Zinc articles's year-by-year exports was explained primarily by an increase in exports to Thailand ($62.3k or 436%). In July 2024, the increase in Zinc articles's year-by-year imports was explained primarily by an increase in imports from South Korea ($438k or 72.1%), Hong Kong ($165k or 2.75k%), and Chinese Taipei ($4.92k or 165%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$267k(46.6%)
IMPORT GROWTH (July 2023 - July 2024)$677k(59.3%)
MAIN DESTINATION (July 2024)India$250k

This section shows Zinc articles'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 Zinc articles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$11.4M
IMPORTS (2023)$23.1M
NET TRADE (2023)-$11.7M

In 2023, Philippines exported $11.4M in Zinc articles. The main destinations of Philippines exports on Zinc articles were Thailand ($4.86M), India ($2.31M), China ($1.35M), Japan ($749k), and Singapore ($747k).

In 2023, Philippines imported $23.1M in Zinc articles, mainly from South Korea ($6.74M), Chinese Taipei ($5.98M), Japan ($4.31M), Hong Kong ($1.83M), and China ($1.19M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Zinc articles EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
India$685k (42%)
Singapore$400k (115%)
Romania$317k (555%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Zinc articles BY Philippines WERE (2022 - 2023):
Thailand-$943k (-16.3%)
Malaysia-$616k (-67.2%)
United States-$204k (-60.6%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Philippines's main exporting competitors in Zinc articles were:
South Korea $1.77B
Spain $1.39B
Australia $1.33B
In 2023, Philippines's main importing competitors in Zinc articles were:
United States $2.62B
Germany $1.69B
China $1.12B

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Trade Value of Zinc articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $838k
TOP IMPORT POTENTIALChina+ $1.32M

Zinc articles’s highest export potential is India. With an export gap of $838k.   Zinc articles’s highest import potential is China with an import gap of $1.32M.

See methodology.

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