2022
Exports
$69.3kWorld Rnk 58 / 149
Flag Rnk 862 / 1127
2022
PRODUCT COMPLEXITY IN Coin
0.26Rnk 468 / 1025
2022
Imports
$40.5MWorld Rnk 4 / 155
Flag Rnk 425 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $69.3k in Coin, making it the 58th largest exporter of Coin in the world. At the same year, Coin was the 862nd most exported product in Philippines. The main destination of Coin exports from Philippines are: United States ($47.8k), Hong Kong ($19.5k), Malaysia ($1.73k), Singapore ($145), and Thailand ($106).

The fastest growing export markets for Coin of Philippines between 2021 and 2022 were United States ($40.3k), Hong Kong ($18.7k), and Malaysia ($1.73k).

Imports In 2022, Philippines imported $40.5M in Coin, becoming the 4th largest importer of Coin in the world. At the same year, Coin was the 425th most imported product in Philippines. Philippines imports Coin primarily from: Canada ($40.3M), China ($190k), United States ($5.65k), Singapore ($2.83k), and Australia ($2.38k).

The fastest growing import markets in Coin for Philippines between 2021 and 2022 were China ($184k), United States ($5.35k), and Australia ($1.74k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Coin. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$69.3k
IMPORTS (2022)$40.5M
NET TRADE (2022)-$40.4M

In 2022, Philippines exported $69.3k in Coin. The main destinations of Philippines exports on Coin were United States ($47.8k), Hong Kong ($19.5k), Malaysia ($1.73k), Singapore ($145), and Thailand ($106).

In 2022, Philippines imported $40.5M in Coin, mainly from Canada ($40.3M), China ($190k), United States ($5.65k), Singapore ($2.83k), and Australia ($2.38k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coin EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United States$40.3k (534%)
Hong Kong$18.7k (2.33k%)
Malaysia$1.73k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coin BY Philippines WERE (2021 - 2022):
Austria-$6.04k (-100%)
Norway-$410 (-100%)
Peru-$248 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Coin were:
In 2022, Philippines's main importing competitors in Coin were:

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Trade Value of Coin by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $30.1k
TOP IMPORT POTENTIALChina+ $230k

Coin’s highest export potential is United States. With an export gap of $30.1k.   Coin’s highest import potential is China with an import gap of $230k.

See methodology.

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