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2022
Exports $109MWorld Rnk 43 / 192
Flag Rnk 107 / 1127
2022
Destination $100M Indonesia
2021 - 2022
FASTEST GROWING MARKET $100MIndonesia
2022
PRODUCT COMPLEXITY IN Delivery Trucks0.54Rnk 352 / 1025
2022
Imports $1.67BWorld Rnk 18 / 224
Flag Rnk 11 / 1201
2022
Origin $54.5M Thailand
2021 - 2022
FASTEST GROWING ORIGIN $54.5MIndonesia
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $109M in Delivery Trucks, making it the 43rd largest exporter of Delivery Trucks in the world. At the same year, Delivery Trucks was the 107th most exported product in Philippines. The main destination of Delivery Trucks exports from Philippines are: Indonesia ($100M), Singapore ($3.12M), Pakistan ($2.71M), United Arab Emirates ($1.08M), and Thailand ($533k).

The fastest growing export markets for Delivery Trucks of Philippines between 2021 and 2022 were Indonesia ($100M), Singapore ($3.12M), and United Arab Emirates ($1.08M).

Imports In 2022, Philippines imported $1.67B in Delivery Trucks, becoming the 18th largest importer of Delivery Trucks in the world. At the same year, Delivery Trucks was the 11th most imported product in Philippines. Philippines imports Delivery Trucks primarily from: Thailand ($749M), Japan ($351M), China ($344M), Indonesia ($130M), and South Korea ($23.3M).

The fastest growing import markets in Delivery Trucks for Philippines between 2021 and 2022 were Indonesia ($54.5M), Thailand ($14.5M), and India ($12.3M).

Latest Trends

May 2024

About

Overview In May 2024 Philippines' Delivery Trucks exports accounted up to $423k and imports accounted up to $136M, resulting in a negative trade balance of $136M. Between July 2022 and May 2024 the exports of Philippines'   Delivery Trucks have increased by $421k (29.3k%) from $1.44k to $423k, while imports decreased by $-45.8M (-25.2%) from $182M to $136M.

Destinations In May 2024, Delivery Trucks were exported mostly to , and were imported mostly from Thailand ($108M), Japan ($25.2M), South Korea ($2.87M), Poland ($390k), and United States ($98.9k).

Growth In May 2024, the increase in Delivery Trucks's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the decrease in Delivery Trucks's year-by-year imports was explained primarily by a decrease in imports from China ($-10.2M or -47.6%), Japan ($-9.28M or -29.6%), and Thailand ($-4.02M or -4.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2022 - May 2024)$421k(29.3k%)
IMPORT GROWTH (June 2023 - June 2024)$-45.8M(-25.2%)
MAIN DESTINATION (May 2024)

This section shows Delivery Trucks'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 Delivery Trucks over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$109M
IMPORTS (2022)$1.67B
NET TRADE (2022)-$1.56B

In 2022, Philippines exported $109M in Delivery Trucks. The main destinations of Philippines exports on Delivery Trucks were Indonesia ($100M), Singapore ($3.12M), Pakistan ($2.71M), United Arab Emirates ($1.08M), and Thailand ($533k).

In 2022, Philippines imported $1.67B in Delivery Trucks, mainly from Thailand ($749M), Japan ($351M), China ($344M), Indonesia ($130M), and South Korea ($23.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Delivery Trucks EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Indonesia$100M (149k%)
Singapore$3.12M (9.17M%)
United Arab Emirates$1.08M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Delivery Trucks BY Philippines WERE (2021 - 2022):
Dominican Republic-$138k (-100%)
Japan-$119k (-100%)
South Korea-$54.3k (-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 Delivery Trucks were:
Mexico $29.1B
United States $19.5B
China $10.4B
In 2022, Philippines's main importing competitors in Delivery Trucks were:
United States $32.3B
Canada $17.3B
Australia $8.59B

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Trade Value of Delivery Trucks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPakistan+ $1.86M
TOP IMPORT POTENTIALChina+ $60.5M

Delivery Trucks’s highest export potential is Pakistan. With an export gap of $1.86M.   Delivery Trucks’s highest import potential is China with an import gap of $60.5M.

See methodology.

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