Optical Fibers and optical fibre bundles in Philippines | The Observatory of Economic Complexity

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Exports In 2022, Philippines exported $531M in Optical Fibers and optical fibre bundles, making it the 14th largest exporter of Optical Fibers and optical fibre bundles in the world. At the same year, Optical Fibers and optical fibre bundles was the 28th most exported product in Philippines. The main destination of Optical Fibers and optical fibre bundles exports from Philippines are: United States ($73M), France ($65.9M), Japan ($56.6M), Thailand ($51.4M), and Poland ($34.4M).

The fastest growing export markets for Optical Fibers and optical fibre bundles of Philippines between 2021 and 2022 were United Kingdom ($13M), Hong Kong ($10M), and Thailand ($8.04M).

Imports In 2022, Philippines imported $232M in Optical Fibers and optical fibre bundles, becoming the 27th largest importer of Optical Fibers and optical fibre bundles in the world. At the same year, Optical Fibers and optical fibre bundles was the 144th most imported product in Philippines. Philippines imports Optical Fibers and optical fibre bundles primarily from: N/A.

The fastest growing import markets in Optical Fibers and optical fibre bundles for Philippines between 2021 and 2022 were China ($68.8M), Hong Kong ($4.27M), and South Korea ($2.61M).

COMPANIES In 2023, leading companies such as Cinmar (1) were at the forefront of shipping Optical Fibers and optical fibre bundles from Philippines to the United States.

Latest Trends

June 2024

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Overview In June 2024 Philippines' Optical Fibers and optical fibre bundles exports accounted up to $28.4M and imports accounted up to $5.9M, resulting in a positive trade balance of $22.5M. Between June 2023 and June 2024 the exports of Philippines' Optical Fibers and optical fibre bundles have decreased by $-1.74M (-5.77%) from $30.2M to $28.4M, while imports decreased by $-4.32M (-42.3%) from $10.2M to $5.9M.

Destinations In June 2024, Optical Fibers and optical fibre bundles were exported mostly to Japan ($5.26M), France ($4.91M), Thailand ($3.52M), United States ($3.2M), and China ($2.32M), and were imported mostly from Japan ($1.54M), Vietnam ($1.17M), France ($816k), Thailand ($618k), and United States ($556k).

Growth In June 2024, the decrease in Optical Fibers and optical fibre bundles's year-by-year exports was explained primarily by a decrease in exports to United States ($-823k or -16.5%), United Kingdom ($-383k or -27.8%), and Netherlands ($-289k or -21.3%). In June 2024, the decrease in Optical Fibers and optical fibre bundles's year-by-year imports was explained primarily by a decrease in imports from Indonesia ($-161k or -85.6%), Israel ($-133k or -83.7%), and France ($-128k or -21%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)$-1.74M(-5.77%)

IMPORT GROWTH (June 2023 - June 2024)$-4.32M(-42.3%)

MAIN DESTINATION (June 2024)Japan$5.26M

This section shows Optical Fibers and optical fibre bundles'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 Optical Fibers and optical fibre bundles over time.

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