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2022
Exports $24.3kWorld Rnk 99 / 147
Flag Rnk 943 / 1127
2022
Destination $5.52k Malaysia
2021 - 2022
FASTEST GROWING MARKET $5.52kMalaysia
2022
PRODUCT COMPLEXITY IN Antifreeze0.47Rnk 375 / 1025
2022
Imports $7.82MWorld Rnk 44 / 215
Flag Rnk 766 / 1201
2022
Origin $648k China
2021 - 2022
FASTEST GROWING ORIGIN $648kSingapore
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $24.3k in Antifreeze, making it the 99th largest exporter of Antifreeze in the world. At the same year, Antifreeze was the 943rd most exported product in Philippines. The main destination of Antifreeze exports from Philippines are: Malaysia ($10.1k), Thailand ($5.35k), Cambodia ($4.4k), Chile ($1.9k), and Guatemala ($1.51k).

The fastest growing export markets for Antifreeze of Philippines between 2021 and 2022 were Malaysia ($5.52k), Thailand ($5.35k), and Guatemala ($1.51k).

Imports In 2022, Philippines imported $7.82M in Antifreeze, becoming the 44th largest importer of Antifreeze in the world. At the same year, Antifreeze was the 766th most imported product in Philippines. Philippines imports Antifreeze primarily from: China ($2.4M), Singapore ($1.1M), Indonesia ($1.06M), United States ($878k), and Japan ($771k).

The fastest growing import markets in Antifreeze for Philippines between 2021 and 2022 were Singapore ($648k), China ($259k), and Japan ($208k).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Antifreeze exports accounted up to $5.63k and imports accounted up to $615k, resulting in a negative trade balance of $610k. Between October 2021 and June 2024 the exports of Philippines'   Antifreeze have increased by $5.6k (18.7k%) from $30 to $5.63k, while imports decreased by $-565k (-47.9%) from $1.18M to $615k.

Destinations In June 2024, Antifreeze were exported mostly to Papua New Guinea ($5.63k), and were imported mostly from Japan ($236k), Singapore ($112k), United States ($111k), Thailand ($98.6k), and United Arab Emirates ($16.5k).

Growth In June 2024, the increase in Antifreeze's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the decrease in Antifreeze's year-by-year imports was explained primarily by a decrease in imports from Indonesia ($-30k or -31.9%), Germany ($-8.56k or -98.5%), and China ($-2.98k or -10.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2021 - June 2024)$5.6k(18.7k%)
IMPORT GROWTH (June 2023 - June 2024)$-565k(-47.9%)
MAIN DESTINATION (June 2024)Papua New Guinea$5.63k

This section shows Antifreeze'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 Antifreeze over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$24.3k
IMPORTS (2022)$7.82M
NET TRADE (2022)-$7.79M

In 2022, Philippines exported $24.3k in Antifreeze. The main destinations of Philippines exports on Antifreeze were Malaysia ($10.1k), Thailand ($5.35k), Cambodia ($4.4k), Chile ($1.9k), and Guatemala ($1.51k).

In 2022, Philippines imported $7.82M in Antifreeze, mainly from China ($2.4M), Singapore ($1.1M), Indonesia ($1.06M), United States ($878k), and Japan ($771k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Antifreeze EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Malaysia$5.52k (120%)
Thailand$5.35k (1%)
Guatemala$1.51k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Antifreeze BY Philippines WERE (2021 - 2022):
Hong Kong-$7.04k (-100%)
Cambodia-$3.8k (-46.4%)
Belgium-$2.78k (-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 Antifreeze were:
Germany $310M
Belgium $255M
United States $224M
In 2022, Philippines's main importing competitors in Antifreeze were:
France $106M
Germany $100M
Canada $99.4M

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Trade Value of Antifreeze by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $3.61k
TOP IMPORT POTENTIALUnited States+ $317k

Antifreeze’s highest export potential is Malaysia. With an export gap of $3.61k.   Antifreeze’s highest import potential is United States with an import gap of $317k.

See methodology.

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