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2022
Exports $927MWorld Rnk 6 / 60
Flag Rnk 16 / 1127
2022
Destination $222MN/A
2021 - 2022
FASTEST GROWING MARKET $222MJapan
2022
PRODUCT COMPLEXITY IN Nickel Mattes-1.34Rnk 922 / 1025
2022
Imports $24.9kWorld Rnk 45 / 86
Flag Rnk 1176 / 1201
2022
Origin $16.6k China
2021 - 2022
FASTEST GROWING ORIGIN $16.6kChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

The fastest growing export markets for Nickel Mattes of Philippines between 2021 and 2022 were Japan ($222M), China ($69.7k), and Thailand ($56.2k).

Imports In 2022, Philippines imported $24.9k in Nickel Mattes, becoming the 45th largest importer of Nickel Mattes in the world. At the same year, Nickel Mattes was the 1176th most imported product in Philippines. Philippines imports Nickel Mattes primarily from: China ($16.6k), Singapore ($8.28k), and Japan ($35).

The fastest growing import markets in Nickel Mattes for Philippines between 2021 and 2022 were China ($16.6k).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Nickel Mattes exports accounted up to $39.3M and imports accounted up to $2.86k, resulting in a positive trade balance of $39.3M. Between May 2023 and June 2024 the exports of Philippines'   Nickel Mattes have decreased by $-28.7M (-42.2%) from $68M to $39.3M, while imports increased by $2.76k (2.79k%) from $99 to $2.86k.

Destinations In June 2024, Nickel Mattes were exported mostly to Japan ($39.3M), and were imported mostly from .

Growth In June 2024, the decrease in Nickel Mattes's year-by-year exports was explained primarily by a decrease in exports to . In April 2024, the increase in Nickel Mattes's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - June 2024)$-28.7M(-42.2%)
IMPORT GROWTH (February 2020 - April 2024)$2.76k(2.79k%)
MAIN DESTINATION (June 2024)Japan$39.3M

This section shows Nickel Mattes'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 Nickel Mattes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$927M
IMPORTS (2022)$24.9k
NET TRADE (2022)$927M

In 2022, Philippines imported $24.9k in Nickel Mattes, mainly from China ($16.6k), Singapore ($8.28k), and Japan ($35).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nickel Mattes EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Japan$222M (31.6%)
China$69.7k (1%)
Thailand$56.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel Mattes BY Philippines WERE (2021 - 2022):Finland-$49 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Nickel Mattes were:
Indonesia $6.27B
Canada $2.02B
Russia $1.83B
In 2022, Philippines's main importing competitors in Nickel Mattes were:
China $6.97B
Norway $2.48B
Japan $2.45B

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Trade Value of Nickel Mattes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $966k
TOP IMPORT POTENTIALIndonesia+ $1.56k

Nickel Mattes’s highest export potential is China. With an export gap of $966k.   Nickel Mattes’s highest import potential is Indonesia with an import gap of $1.56k.

See methodology.

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