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2022
Exports $255kWorld Rnk 83 / 124
Flag Rnk 753 / 1127
2022
Destination $159k Hong Kong
2021 - 2022
FASTEST GROWING MARKET $159kHong Kong
2022
PRODUCT COMPLEXITY IN Cold-Rolled Iron0.081Rnk 526 / 1025
2022
Imports $215MWorld Rnk 22 / 203
Flag Rnk 151 / 1201
2022
Origin $16.1M China
2021 - 2022
FASTEST GROWING ORIGIN $16.1MJapan
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $255k in Cold-Rolled Iron, making it the 83rd largest exporter of Cold-Rolled Iron in the world. At the same year, Cold-Rolled Iron was the 753rd most exported product in Philippines. The main destination of Cold-Rolled Iron exports from Philippines are: Hong Kong ($159k), Japan ($59.4k), Malaysia ($16.4k), Singapore ($16.4k), and Finland ($1.89k).

The fastest growing export markets for Cold-Rolled Iron of Philippines between 2021 and 2022 were Hong Kong ($159k), Japan ($57.2k), and Malaysia ($16.4k).

Imports In 2022, Philippines imported $215M in Cold-Rolled Iron, becoming the 22nd largest importer of Cold-Rolled Iron in the world. At the same year, Cold-Rolled Iron was the 151st most imported product in Philippines. Philippines imports Cold-Rolled Iron primarily from: China ($136M), Japan ($50.4M), Chinese Taipei ($23.6M), South Korea ($4.17M), and Vietnam ($251k).

The fastest growing import markets in Cold-Rolled Iron for Philippines between 2021 and 2022 were Japan ($16.1M), Vietnam ($250k), and Australia ($175k).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Cold-Rolled Iron exports accounted up to $2.37k and imports accounted up to $3.86M, resulting in a negative trade balance of $3.85M. Between November 2022 and June 2024 the exports of Philippines'   Cold-Rolled Iron have decreased by $-4.86k (-67.2%) from $7.23k to $2.37k, while imports decreased by $-5.63M (-59.4%) from $9.49M to $3.86M.

Destinations In June 2024, Cold-Rolled Iron were exported mostly to Singapore ($2.37k), and were imported mostly from Japan ($3.19M), Thailand ($350k), Chinese Taipei ($177k), and South Korea ($143k).

Growth In June 2024, the decrease in Cold-Rolled Iron's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the decrease in Cold-Rolled Iron's year-by-year imports was explained primarily by a decrease in imports from Japan ($-5.94M or -61.4%), China ($-3.67M or -54.9%), and Chinese Taipei ($-290k or -32.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2022 - June 2024)$-4.86k(-67.2%)
IMPORT GROWTH (June 2023 - June 2024)$-5.63M(-59.4%)
MAIN DESTINATION (June 2024)Singapore$2.37k

This section shows Cold-Rolled Iron'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 Cold-Rolled Iron over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$255k
IMPORTS (2022)$215M
NET TRADE (2022)-$214M

In 2022, Philippines exported $255k in Cold-Rolled Iron. The main destinations of Philippines exports on Cold-Rolled Iron were Hong Kong ($159k), Japan ($59.4k), Malaysia ($16.4k), Singapore ($16.4k), and Finland ($1.89k).

In 2022, Philippines imported $215M in Cold-Rolled Iron, mainly from China ($136M), Japan ($50.4M), Chinese Taipei ($23.6M), South Korea ($4.17M), and Vietnam ($251k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cold-Rolled Iron EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Hong Kong$159k (1%)
Japan$57.2k (2.56k%)
Malaysia$16.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cold-Rolled Iron BY Philippines WERE (2021 - 2022):
Estonia-$49.3k (-99.3%)
China-$10.6k (-100%)
Austria-$3.46k (-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 Cold-Rolled Iron were:
South Korea $3.19B
China $2.87B
Japan $1.62B
In 2022, Philippines's main importing competitors in Cold-Rolled Iron were:
United States $1.77B
Mexico $1.16B
China $1.02B

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Trade Value of Cold-Rolled Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $60.8k
TOP IMPORT POTENTIALSouth Korea+ $5.39M

Cold-Rolled Iron’s highest export potential is Japan. With an export gap of $60.8k.   Cold-Rolled Iron’s highest import potential is South Korea with an import gap of $5.39M.

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