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2022
Exports $43.7MWorld Rnk 16 / 95
Flag Rnk 179 / 1127
2022
Destination $277k Malaysia
2021 - 2022
FASTEST GROWING MARKET $277kThailand
2022
PRODUCT COMPLEXITY IN Raw Tin-0.48Rnk 694 / 1025
2022
Imports $43.5MWorld Rnk 25 / 153
Flag Rnk 407 / 1201
2022
Origin $2.87M Malaysia
2021 - 2022
FASTEST GROWING ORIGIN $2.87MIndonesia
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $43.7M in Raw Tin, making it the 16th largest exporter of Raw Tin in the world. At the same year, Raw Tin was the 179th most exported product in Philippines. The main destination of Raw Tin exports from Philippines are: Malaysia ($12.9M), Japan ($12.7M), Chinese Taipei ($10M), Thailand ($7.87M), and South Korea ($126k).

The fastest growing export markets for Raw Tin of Philippines between 2021 and 2022 were Thailand ($277k) and Japan ($22.6k).

Imports In 2022, Philippines imported $43.5M in Raw Tin, becoming the 25th largest importer of Raw Tin in the world. At the same year, Raw Tin was the 407th most imported product in Philippines. Philippines imports Raw Tin primarily from: Malaysia ($14.9M), Indonesia ($6.87M), South Korea ($6.81M), Singapore ($4.73M), and Japan ($4.63M).

The fastest growing import markets in Raw Tin for Philippines between 2021 and 2022 were Indonesia ($2.87M), Singapore ($2.17M), and Peru ($506k).

COMPANIES In 2023, leading companies such as Walong Marketing (3) were at the forefront of shipping Raw Tin from Philippines to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Raw Tin exports accounted up to $679k and imports accounted up to $2.74M, resulting in a negative trade balance of $2.06M. Between June 2023 and June 2024 the exports of Philippines'   Raw Tin have decreased by $-1.99M (-74.5%) from $2.67M to $679k, while imports decreased by $-1.85M (-40.3%) from $4.59M to $2.74M.

Destinations In June 2024, Raw Tin were exported mostly to Chinese Taipei ($665k), Australia ($6.11k), South Korea ($4.44k), Canada ($2.07k), and New Zealand ($709), and were imported mostly from South Korea ($1.23M), Japan ($718k), Vietnam ($710k), and Singapore ($89k).

Growth In June 2024, the decrease in Raw Tin's year-by-year exports was explained primarily by a decrease in exports to Malaysia ($-415k or -50.2%), Chinese Taipei ($-331k or -42.3%), and Thailand ($-302k or -39.7%). In June 2024, the decrease in Raw Tin's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-1.99M(-74.5%)
IMPORT GROWTH (June 2023 - June 2024)$-1.85M(-40.3%)
MAIN DESTINATION (June 2024)Chinese Taipei$665k

This section shows Raw Tin'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 Raw Tin over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$43.7M
IMPORTS (2022)$43.5M
NET TRADE (2022)$196k

In 2022, Philippines exported $43.7M in Raw Tin. The main destinations of Philippines exports on Raw Tin were Malaysia ($12.9M), Japan ($12.7M), Chinese Taipei ($10M), Thailand ($7.87M), and South Korea ($126k).

In 2022, Philippines imported $43.5M in Raw Tin, mainly from Malaysia ($14.9M), Indonesia ($6.87M), South Korea ($6.81M), Singapore ($4.73M), and Japan ($4.63M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Tin EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Thailand$277k (3.65%)
Japan$22.6k (0.18%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Tin BY Philippines WERE (2021 - 2022):
Malaysia-$2.55M (-16.5%)
China-$741k (-90.3%)
South Korea-$320k (-71.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Raw Tin were:
Indonesia $2.84B
Peru $777M
Bolivia $634M
In 2022, Philippines's main importing competitors in Raw Tin were:
China $999M
United States $864M
Japan $768M

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Trade Value of Raw Tin by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $2.37M
TOP IMPORT POTENTIALIndonesia+ $4.91M

Raw Tin’s highest export potential is Japan. With an export gap of $2.37M.   Raw Tin’s highest import potential is Indonesia with an import gap of $4.91M.

See methodology.

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