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Pricing

2022
Exports $55.9MWorld Rnk 13 / 184
Flag Rnk 160 / 1127
2022
Destination $2.95MN/A
2021 - 2022
FASTEST GROWING MARKET $2.95MCanada
2022
PRODUCT COMPLEXITY IN Cameras0.28Rnk 461 / 1025
2022
Imports $50.5MWorld Rnk 15 / 214
Flag Rnk 379 / 1201
2022
Origin $16.7M Vietnam
2021 - 2022
FASTEST GROWING ORIGIN $16.7MVietnam
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

The fastest growing export markets for Cameras of Philippines between 2021 and 2022 were Canada ($2.95M), Australia ($2.18M), and Mexico ($684k).

Imports In 2022, Philippines imported $50.5M in Cameras, becoming the 15th largest importer of Cameras in the world. At the same year, Cameras was the 379th most imported product in Philippines. Philippines imports Cameras primarily from: Vietnam ($20.2M), China ($17.2M), Japan ($4.9M), Thailand ($2.07M), and Hong Kong ($1.69M).

The fastest growing import markets in Cameras for Philippines between 2021 and 2022 were Vietnam ($16.7M), China ($4.62M), and Japan ($2.88M).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Cameras exports accounted up to $5.51M and imports accounted up to $1.3M, resulting in a positive trade balance of $4.21M. Between June 2023 and June 2024 the exports of Philippines'   Cameras have increased by $561k (11.3%) from $4.95M to $5.51M, while imports decreased by $-2.32M (-64.1%) from $3.62M to $1.3M.

Destinations In June 2024, Cameras were exported mostly to United States ($3.04M), Hong Kong ($1.34M), Canada ($570k), Australia ($187k), and Cambodia ($182k), and were imported mostly from Japan ($854k), Thailand ($376k), Switzerland ($13.5k), Chinese Taipei ($13.5k), and Germany ($12.6k).

Growth In June 2024, the increase in Cameras's year-by-year exports was explained primarily by an increase in exports to China ($548k or 389%), Germany ($183k or 76%), and Brazil ($131k or 326%). In June 2024, the decrease in Cameras's year-by-year imports was explained primarily by a decrease in imports from N/A.

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$561k(11.3%)
IMPORT GROWTH (June 2023 - June 2024)$-2.32M(-64.1%)
MAIN DESTINATION (June 2024)United States$3.04M

This section shows Cameras'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 Cameras over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$55.9M
IMPORTS (2022)$50.5M
NET TRADE (2022)$5.38M

In 2022, Philippines imported $50.5M in Cameras, mainly from Vietnam ($20.2M), China ($17.2M), Japan ($4.9M), Thailand ($2.07M), and Hong Kong ($1.69M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cameras EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Canada$2.95M (1.24k%)
Australia$2.18M (224%)
Mexico$684k (288%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cameras BY Philippines WERE (2021 - 2022):
Vietnam-$160M (-98.6%)
United States-$22.7M (-46.6%)
Japan-$7.04M (-62.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Cameras were:
China $809M
Hong Kong $404M
Malaysia $281M
In 2022, Philippines's main importing competitors in Cameras were:
China $682M
United States $369M
Hong Kong $182M

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Trade Value of Cameras by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $6.46M
TOP IMPORT POTENTIALChina+ $2.88M

Cameras’s highest export potential is China. With an export gap of $6.46M.   Cameras’s highest import potential is China with an import gap of $2.88M.

See methodology.

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