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2022
Exports $14.3MWorld Rnk 34 / 138
Flag Rnk 297 / 1127
2022
Destination $11.5M Vietnam
2021 - 2022
FASTEST GROWING MARKET $11.5MVietnam
2022
PRODUCT COMPLEXITY IN Copper Plating0.35Rnk 421 / 1025
2022
Imports $156MWorld Rnk 22 / 202
Flag Rnk 185 / 1201
2022
Origin $17.5M South Korea
2021 - 2022
FASTEST GROWING ORIGIN $17.5MSouth Korea
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $14.3M in Copper Plating, making it the 34th largest exporter of Copper Plating in the world. At the same year, Copper Plating was the 297th most exported product in Philippines. The main destination of Copper Plating exports from Philippines are: Vietnam ($11.6M), South Korea ($1.24M), Thailand ($474k), Malaysia ($388k), and Germany ($224k).

The fastest growing export markets for Copper Plating of Philippines between 2021 and 2022 were Vietnam ($11.5M), United States ($160k), and Thailand ($107k).

Imports In 2022, Philippines imported $156M in Copper Plating, becoming the 22nd largest importer of Copper Plating in the world. At the same year, Copper Plating was the 185th most imported product in Philippines. Philippines imports Copper Plating primarily from: South Korea ($56.8M), Japan ($43.5M), Thailand ($26.2M), China ($12.3M), and Chinese Taipei ($6.21M).

The fastest growing import markets in Copper Plating for Philippines between 2021 and 2022 were South Korea ($17.5M), Singapore ($1.2M), and Chinese Taipei ($710k).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Copper Plating exports accounted up to $291k and imports accounted up to $9.06M, resulting in a negative trade balance of $8.77M. Between June 2023 and June 2024 the exports of Philippines'   Copper Plating have decreased by $-16.2k (-5.27%) from $307k to $291k, while imports decreased by $-4.78M (-34.5%) from $13.8M to $9.06M.

Destinations In June 2024, Copper Plating were exported mostly to South Korea ($289k) and Germany ($1.99k), and were imported mostly from South Korea ($3.23M), Japan ($2.57M), Thailand ($1.58M), Chinese Taipei ($1M), and Germany ($318k).

Growth In June 2024, the decrease in Copper Plating's year-by-year exports was explained primarily by a decrease in exports to Malaysia ($-3.81k or -93.8%). In June 2024, the decrease in Copper Plating's year-by-year imports was explained primarily by a decrease in imports from Japan ($-2.2M or -37.4%), South Korea ($-1.58M or -39.1%), and Germany ($-320k or -47.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-16.2k(-5.27%)
IMPORT GROWTH (June 2023 - June 2024)$-4.78M(-34.5%)
MAIN DESTINATION (June 2024)South Korea$289k

This section shows Copper Plating'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 Plating over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$14.3M
IMPORTS (2022)$156M
NET TRADE (2022)-$142M

In 2022, Philippines exported $14.3M in Copper Plating. The main destinations of Philippines exports on Copper Plating were Vietnam ($11.6M), South Korea ($1.24M), Thailand ($474k), Malaysia ($388k), and Germany ($224k).

In 2022, Philippines imported $156M in Copper Plating, mainly from South Korea ($56.8M), Japan ($43.5M), Thailand ($26.2M), China ($12.3M), and Chinese Taipei ($6.21M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Plating EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Vietnam$11.5M (28.2k%)
United States$160k (3.24k%)
Thailand$107k (29.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Plating BY Philippines WERE (2021 - 2022):
China-$386k (-81.1%)
Turkey-$93.8k (-100%)
South Korea-$69.7k (-5.33%)
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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 Plating were:
Germany $3.15B
Japan $1.48B
China $1.13B
In 2022, Philippines's main importing competitors in Copper Plating were:
China $1.27B
United States $1.14B
Germany $843M

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Trade Value of Copper Plating by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $482k
TOP IMPORT POTENTIALChina+ $6.76M

Copper Plating’s highest export potential is Malaysia. With an export gap of $482k.   Copper Plating’s highest import potential is China with an import gap of $6.76M.

See methodology.

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