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2022
Exports $30.8MWorld Rnk 50 / 190
Flag Rnk 212 / 1127
2022
Destination $7.63M Japan
2021 - 2022
FASTEST GROWING MARKET $7.63MJapan
2022
PRODUCT COMPLEXITY IN Aluminium Structures0.35Rnk 422 / 1025
2022
Imports $128MWorld Rnk 27 / 223
Flag Rnk 218 / 1201
2022
Origin $33M China
2021 - 2022
FASTEST GROWING ORIGIN $33MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $30.8M in Aluminium Structures, making it the 50th largest exporter of Aluminium Structures in the world. At the same year, Aluminium Structures was the 212th most exported product in Philippines. The main destination of Aluminium Structures exports from Philippines are: Japan ($23.5M), Australia ($4.06M), China ($749k), Papua New Guinea ($480k), and United States ($472k).

The fastest growing export markets for Aluminium Structures of Philippines between 2021 and 2022 were Japan ($7.63M), Australia ($3.76M), and China ($748k).

Imports In 2022, Philippines imported $128M in Aluminium Structures, becoming the 27th largest importer of Aluminium Structures in the world. At the same year, Aluminium Structures was the 218th most imported product in Philippines. Philippines imports Aluminium Structures primarily from: China ($107M), Japan ($7.14M), South Korea ($3.61M), Chinese Taipei ($2.68M), and Thailand ($2.53M).

The fastest growing import markets in Aluminium Structures for Philippines between 2021 and 2022 were China ($33M), Japan ($1.48M), and South Korea ($1.41M).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Aluminium Structures exports accounted up to $830k and imports accounted up to $15.2M, resulting in a negative trade balance of $14.4M. Between June 2023 and June 2024 the exports of Philippines'   Aluminium Structures have decreased by $-11.3M (-93.2%) from $12.2M to $830k, while imports increased by $8.9M (142%) from $6.29M to $15.2M.

Destinations In June 2024, Aluminium Structures were exported mostly to Japan ($529k), Chinese Taipei ($158k), China ($94.8k), South Korea ($20k), and Vietnam ($19.8k), and were imported mostly from United Kingdom ($13.3M), Thailand ($743k), Japan ($674k), Chinese Taipei ($89.3k), and Hong Kong ($78.7k).

Growth In June 2024, the decrease in Aluminium Structures's year-by-year exports was explained primarily by a decrease in exports to Canada ($-65.7k or -93.7%). In June 2024, the increase in Aluminium Structures's year-by-year imports was explained primarily by an increase in imports from Chinese Taipei ($80.5k or 7.7%), Hong Kong ($79.2k or 491%), and India ($69.2k or 6.28k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-11.3M(-93.2%)
IMPORT GROWTH (June 2023 - June 2024)$8.9M(142%)
MAIN DESTINATION (June 2024)Japan$529k

This section shows Aluminium Structures'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 Aluminium Structures over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$30.8M
IMPORTS (2022)$128M
NET TRADE (2022)-$97.3M

In 2022, Philippines exported $30.8M in Aluminium Structures. The main destinations of Philippines exports on Aluminium Structures were Japan ($23.5M), Australia ($4.06M), China ($749k), Papua New Guinea ($480k), and United States ($472k).

In 2022, Philippines imported $128M in Aluminium Structures, mainly from China ($107M), Japan ($7.14M), South Korea ($3.61M), Chinese Taipei ($2.68M), and Thailand ($2.53M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aluminium Structures EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Japan$7.63M (48.1%)
Australia$3.76M (1.27k%)
China$748k (64.7k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Structures BY Philippines WERE (2021 - 2022):
Canada-$1.24M (-90.3%)
Hong Kong-$967k (-95.5%)
Vietnam-$244k (-99.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Aluminium Structures were:
China $5.2B
Germany $2.04B
Poland $1.3B
In 2022, Philippines's main importing competitors in Aluminium Structures were:
United States $2.96B
Germany $1.88B
France $1.26B

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Trade Value of Aluminium Structures by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.39M
TOP IMPORT POTENTIALChina+ $7.3M

Aluminium Structures’s highest export potential is United States. With an export gap of $4.39M.   Aluminium Structures’s highest import potential is China with an import gap of $7.3M.

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