2022
Exports
$9.25MWorld Rnk 22 / 154
Flag Rnk 347 / 1127
2022
PRODUCT COMPLEXITY IN Ink Ribbons
1.06Rnk 149 / 1025
2022
Imports
$12.3MWorld Rnk 32 / 214
Flag Rnk 680 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $9.25M in Ink Ribbons, making it the 22nd largest exporter of Ink Ribbons in the world. At the same year, Ink Ribbons was the 347th most exported product in Philippines. The main destination of Ink Ribbons exports from Philippines are: China ($3.52M), United States ($1.75M), Mexico ($1.32M), Brazil ($1.14M), and Chinese Taipei ($343k).

The fastest growing export markets for Ink Ribbons of Philippines between 2021 and 2022 were United States ($781k), Mexico ($309k), and South Korea ($286k).

Imports In 2022, Philippines imported $12.3M in Ink Ribbons, becoming the 32nd largest importer of Ink Ribbons in the world. At the same year, Ink Ribbons was the 680th most imported product in Philippines. Philippines imports Ink Ribbons primarily from: China ($5.31M), Singapore ($2.46M), Japan ($1.3M), Indonesia ($1.26M), and Malaysia ($635k).

The fastest growing import markets in Ink Ribbons for Philippines between 2021 and 2022 were China ($1.83M), Japan ($695k), and Malaysia ($300k).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-200k(-99.6%)
IMPORT GROWTH (June 2023 - June 2024)$-470k(-54.2%)
MAIN DESTINATION (June 2024)Thailand$848

This section shows Ink Ribbons'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 Ink Ribbons over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$9.25M
IMPORTS (2022)$12.3M
NET TRADE (2022)-$3.03M

In 2022, Philippines exported $9.25M in Ink Ribbons. The main destinations of Philippines exports on Ink Ribbons were China ($3.52M), United States ($1.75M), Mexico ($1.32M), Brazil ($1.14M), and Chinese Taipei ($343k).

In 2022, Philippines imported $12.3M in Ink Ribbons, mainly from China ($5.31M), Singapore ($2.46M), Japan ($1.3M), Indonesia ($1.26M), and Malaysia ($635k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ink Ribbons EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United States$781k (80.8%)
Mexico$309k (30.7%)
South Korea$286k (3.64k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ink Ribbons BY Philippines WERE (2021 - 2022):
China-$7.4M (-67.7%)
Russia-$515k (-100%)
Brazil-$491k (-30%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Ink Ribbons were:
Japan $301M
China $243M
In 2022, Philippines's main importing competitors in Ink Ribbons were:

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Trade Value of Ink Ribbons by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $856k
TOP IMPORT POTENTIALChina+ $650k

Ink Ribbons’s highest export potential is China. With an export gap of $856k.   Ink Ribbons’s highest import potential is China with an import gap of $650k.

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