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2022
Exports $1.71MWorld Rnk 61 / 133
Flag Rnk 547 / 1127
2022
Destination $1.68M Malaysia
2021 - 2022
FASTEST GROWING MARKET $1.68MMalaysia
2022
PRODUCT COMPLEXITY IN Copper Bars0.25Rnk 470 / 1025
2022
Imports $80.6MWorld Rnk 25 / 205
Flag Rnk 308 / 1201
2022
Origin $6.51M Chinese Taipei
2021 - 2022
FASTEST GROWING ORIGIN $6.51MJapan
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $1.71M in Copper Bars, making it the 61st largest exporter of Copper Bars in the world. At the same year, Copper Bars was the 547th most exported product in Philippines. The main destination of Copper Bars exports from Philippines are: Malaysia ($1.68M), France ($14.6k), United Kingdom ($5.56k), Germany ($4.78k), and Poland ($2.06k).

The fastest growing export markets for Copper Bars of Philippines between 2021 and 2022 were Malaysia ($1.68M), France ($14.6k), and United Kingdom ($5.56k).

Imports In 2022, Philippines imported $80.6M in Copper Bars, becoming the 25th largest importer of Copper Bars in the world. At the same year, Copper Bars was the 308th most imported product in Philippines. Philippines imports Copper Bars primarily from: Chinese Taipei ($31.7M), Japan ($13M), United Arab Emirates ($10M), China ($8.82M), and Malaysia ($5.49M).

The fastest growing import markets in Copper Bars for Philippines between 2021 and 2022 were Japan ($6.51M), South Korea ($4.67M), and China ($3.98M).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Copper Bars exports accounted up to $253k and imports accounted up to $8.48M, resulting in a negative trade balance of $8.22M. Between December 2020 and June 2024 the exports of Philippines'   Copper Bars have increased by $252k (871k%) from $29 to $253k, while imports decreased by $-241k (-2.77%) from $8.72M to $8.48M.

Destinations In June 2024, Copper Bars were exported mostly to Malaysia ($253k), and were imported mostly from South Korea ($5.66M), Chinese Taipei ($2.44M), Thailand ($116k), United States ($115k), and New Zealand ($64.1k).

Growth In June 2024, the increase in Copper Bars's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the decrease in Copper Bars's year-by-year imports was explained primarily by a decrease in imports from Chinese Taipei ($-2.91M or -55.3%), Thailand ($-268k or -92.9%), and India ($-16.9k or -89%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - June 2024)$252k(871k%)
IMPORT GROWTH (June 2023 - June 2024)$-241k(-2.77%)
MAIN DESTINATION (June 2024)Malaysia$253k

This section shows Copper Bars'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 Copper Bars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.71M
IMPORTS (2022)$80.6M
NET TRADE (2022)-$78.9M

In 2022, Philippines exported $1.71M in Copper Bars. The main destinations of Philippines exports on Copper Bars were Malaysia ($1.68M), France ($14.6k), United Kingdom ($5.56k), Germany ($4.78k), and Poland ($2.06k).

In 2022, Philippines imported $80.6M in Copper Bars, mainly from Chinese Taipei ($31.7M), Japan ($13M), United Arab Emirates ($10M), China ($8.82M), and Malaysia ($5.49M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Bars EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Malaysia$1.68M (1%)
France$14.6k (1%)
United Kingdom$5.56k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Bars BY Philippines WERE (2021 - 2022):
United States-$175k (-100%)
Thailand-$5.59k (-100%)
Singapore-$2.23k (-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 Copper Bars were:
Germany $1.22B
Italy $700M
France $496M
In 2022, Philippines's main importing competitors in Copper Bars were:
Germany $763M
United States $609M
Italy $547M

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Trade Value of Copper Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $59.2k
TOP IMPORT POTENTIALChina+ $1.39M

Copper Bars’s highest export potential is France. With an export gap of $59.2k.   Copper Bars’s highest import potential is China with an import gap of $1.39M.

See methodology.

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