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2022
Exports $5.57MWorld Rnk 66 / 159
Flag Rnk 398 / 1127
2022
Destination $1.05M Solomon Islands
2021 - 2022
FASTEST GROWING MARKET $1.05MChina
2022
PRODUCT COMPLEXITY IN Aluminium Cans-0.075Rnk 573 / 1025
2022
Imports $19.3MWorld Rnk 74 / 209
Flag Rnk 580 / 1201
2022
Origin $5.15M China
2021 - 2022
FASTEST GROWING ORIGIN $5.15MMalaysia
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $5.57M in Aluminium Cans, making it the 66th largest exporter of Aluminium Cans in the world. At the same year, Aluminium Cans was the 398th most exported product in Philippines. The main destination of Aluminium Cans exports from Philippines are: Solomon Islands ($1.84M), China ($1.05M), United States ($829k), Fiji ($773k), and South Korea ($566k).

The fastest growing export markets for Aluminium Cans of Philippines between 2021 and 2022 were China ($1.05M), Fiji ($617k), and Solomon Islands ($603k).

Imports In 2022, Philippines imported $19.3M in Aluminium Cans, becoming the 74th largest importer of Aluminium Cans in the world. At the same year, Aluminium Cans was the 580th most imported product in Philippines. Philippines imports Aluminium Cans primarily from: China ($6.52M), Malaysia ($5.19M), Thailand ($3.42M), Indonesia ($2.11M), and Pakistan ($741k).

The fastest growing import markets in Aluminium Cans for Philippines between 2021 and 2022 were Malaysia ($5.15M), China ($2.77M), and Thailand ($2.2M).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Aluminium Cans exports accounted up to $1.17k and imports accounted up to $275k, resulting in a negative trade balance of $273k. Between June 2023 and June 2024 the exports of Philippines'   Aluminium Cans have decreased by $-9.07k (-88.6%) from $10.2k to $1.17k, while imports decreased by $-1.92M (-87.5%) from $2.19M to $275k.

Destinations In June 2024, Aluminium Cans were exported mostly to Algeria ($1k) and Vietnam ($172), and were imported mostly from South Korea ($102k), Pakistan ($68.6k), Spain ($41.5k), Hong Kong ($26.5k), and Japan ($13.2k).

Growth In June 2024, the decrease in Aluminium Cans's year-by-year exports was explained primarily by a decrease in exports to South Korea ($-3.48k or -94.2%). In June 2024, the decrease in Aluminium Cans's year-by-year imports was explained primarily by a decrease in imports from South Korea ($-87.9k or -83.5%) and Japan ($-246 or -7.44%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-9.07k(-88.6%)
IMPORT GROWTH (June 2023 - June 2024)$-1.92M(-87.5%)
MAIN DESTINATION (June 2024)Algeria$1k

This section shows Aluminium Cans'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 Aluminium Cans over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.57M
IMPORTS (2022)$19.3M
NET TRADE (2022)-$13.7M

In 2022, Philippines exported $5.57M in Aluminium Cans. The main destinations of Philippines exports on Aluminium Cans were Solomon Islands ($1.84M), China ($1.05M), United States ($829k), Fiji ($773k), and South Korea ($566k).

In 2022, Philippines imported $19.3M in Aluminium Cans, mainly from China ($6.52M), Malaysia ($5.19M), Thailand ($3.42M), Indonesia ($2.11M), and Pakistan ($741k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aluminium Cans EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
China$1.05M (1%)
Fiji$617k (394%)
Solomon Islands$603k (48.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Cans BY Philippines WERE (2021 - 2022):
United States-$4.65M (-84.9%)
Singapore-$37.6k (-50.5%)
Germany-$5.32k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Aluminium Cans were:
Germany $737M
United States $699M
China $463M
In 2022, Philippines's main importing competitors in Aluminium Cans were:
United States $792M
Canada $531M
Germany $414M

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Trade Value of Aluminium Cans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $806k
TOP IMPORT POTENTIALChina+ $1.31M

Aluminium Cans’s highest export potential is United States. With an export gap of $806k.   Aluminium Cans’s highest import potential is China with an import gap of $1.31M.

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