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2022
Exports $368kWorld Rnk 66 / 142
Flag Rnk 700 / 1127
2022
Destination $79.1k South Korea
2021 - 2022
FASTEST GROWING MARKET $79.1kSouth Korea
2022
PRODUCT COMPLEXITY IN Copper Pipes0.34Rnk 429 / 1025
2022
Imports $57.1MWorld Rnk 37 / 220
Flag Rnk 364 / 1201
2022
Origin $8.87M China
2021 - 2022
FASTEST GROWING ORIGIN $8.87MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $368k in Copper Pipes, making it the 66th largest exporter of Copper Pipes in the world. At the same year, Copper Pipes was the 700th most exported product in Philippines. The main destination of Copper Pipes exports from Philippines are: South Korea ($362k), Singapore ($3.14k), Japan ($1.06k), Indonesia ($503), and Pakistan ($475).

The fastest growing export markets for Copper Pipes of Philippines between 2021 and 2022 were South Korea ($79.1k), Singapore ($3.14k), and Pakistan ($475).

Imports In 2022, Philippines imported $57.1M in Copper Pipes, becoming the 37th largest importer of Copper Pipes in the world. At the same year, Copper Pipes was the 364th most imported product in Philippines. Philippines imports Copper Pipes primarily from: China ($42.5M), South Korea ($4.47M), Thailand ($3.01M), Malaysia ($1.96M), and Japan ($1.83M).

The fastest growing import markets in Copper Pipes for Philippines between 2021 and 2022 were China ($8.87M), South Korea ($965k), and Germany ($755k).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Copper Pipes exports accounted up to $44.4k and imports accounted up to $279k, resulting in a negative trade balance of $235k. Between May 2023 and June 2024 the exports of Philippines'   Copper Pipes have increased by $10.6k (31.3%) from $33.8k to $44.4k, while imports decreased by $-2.1M (-88.3%) from $2.38M to $279k.

Destinations In June 2024, Copper Pipes were exported mostly to South Korea ($44.4k), and were imported mostly from New Zealand ($112k), Japan ($74.8k), South Korea ($58.2k), Chinese Taipei ($19.6k), and Italy ($7.83k).

Growth In June 2024, the increase in Copper Pipes's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the decrease in Copper Pipes's year-by-year imports was explained primarily by a decrease in imports from South Korea ($-139k or -96.3%), Japan ($-30.4k or -54%), and Singapore ($-6.09k or -85.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - June 2024)$10.6k(31.3%)
IMPORT GROWTH (June 2023 - June 2024)$-2.1M(-88.3%)
MAIN DESTINATION (June 2024)South Korea$44.4k

This section shows Copper Pipes'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 Pipes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$368k
IMPORTS (2022)$57.1M
NET TRADE (2022)-$56.7M

In 2022, Philippines exported $368k in Copper Pipes. The main destinations of Philippines exports on Copper Pipes were South Korea ($362k), Singapore ($3.14k), Japan ($1.06k), Indonesia ($503), and Pakistan ($475).

In 2022, Philippines imported $57.1M in Copper Pipes, mainly from China ($42.5M), South Korea ($4.47M), Thailand ($3.01M), Malaysia ($1.96M), and Japan ($1.83M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Pipes EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
South Korea$79.1k (28%)
Singapore$3.14k (1%)
Pakistan$475 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Pipes BY Philippines WERE (2021 - 2022):
Kenya-$18.7k (-100%)
Australia-$15.2k (-100%)
Japan-$13.3k (-92.6%)
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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 Pipes were:
China $2.35B
Vietnam $1.15B
Germany $964M
In 2022, Philippines's main importing competitors in Copper Pipes were:
United States $1.32B
India $861M
Thailand $531M

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Trade Value of Copper Pipes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $137k
TOP IMPORT POTENTIALChina+ $2.51M

Copper Pipes’s highest export potential is South Korea. With an export gap of $137k.   Copper Pipes’s highest import potential is China with an import gap of $2.51M.

See methodology.

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