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2022
Exports $143kWorld Rnk 79 / 179
Flag Rnk 804 / 1127
2022
Destination $17.3k Japan
2021 - 2022
FASTEST GROWING MARKET $17.3kVietnam
2022
PRODUCT COMPLEXITY IN Copper Pipe Fittings1.15Rnk 115 / 1025
2022
Imports $9MWorld Rnk 63 / 221
Flag Rnk 737 / 1201
2022
Origin $753k China
2021 - 2022
FASTEST GROWING ORIGIN $753kChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $143k in Copper Pipe Fittings, making it the 79th largest exporter of Copper Pipe Fittings in the world. At the same year, Copper Pipe Fittings was the 804th most exported product in Philippines. The main destination of Copper Pipe Fittings exports from Philippines are: Japan ($34.2k), Thailand ($32.8k), Vietnam ($18.3k), United States ($16.2k), and Netherlands ($7.62k).

The fastest growing export markets for Copper Pipe Fittings of Philippines between 2021 and 2022 were Vietnam ($17.3k), Singapore ($7.11k), and United Arab Emirates ($6.94k).

Imports In 2022, Philippines imported $9M in Copper Pipe Fittings, becoming the 63rd largest importer of Copper Pipe Fittings in the world. At the same year, Copper Pipe Fittings was the 737th most imported product in Philippines. Philippines imports Copper Pipe Fittings primarily from: China ($3.89M), Japan ($1.2M), Thailand ($1.08M), United States ($665k), and Germany ($629k).

The fastest growing import markets in Copper Pipe Fittings for Philippines between 2021 and 2022 were China ($753k), Germany ($284k), and Vietnam ($205k).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Copper Pipe Fittings exports accounted up to $16.9k and imports accounted up to $793k, resulting in a negative trade balance of $776k. Between June 2023 and June 2024 the exports of Philippines'   Copper Pipe Fittings have increased by $13k (331%) from $3.93k to $16.9k, while imports decreased by $-1.58M (-66.6%) from $2.37M to $793k.

Destinations In June 2024, Copper Pipe Fittings were exported mostly to United States ($13k), Netherlands ($3.43k), and Guam ($495), and were imported mostly from Thailand ($633k), Vietnam ($52.9k), United States ($46.1k), Japan ($30.8k), and Singapore ($11.3k).

Growth In June 2024, the increase in Copper Pipe Fittings's year-by-year exports was explained primarily by an increase in exports to United States ($15.7k or 283%). In June 2024, the decrease in Copper Pipe Fittings's year-by-year imports was explained primarily by a decrease in imports from Japan ($-206k or -73.5%), Italy ($-9.69k or -71%), and Germany ($-6.05k or -79%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$13k(331%)
IMPORT GROWTH (June 2023 - June 2024)$-1.58M(-66.6%)
MAIN DESTINATION (June 2024)United States$13k

This section shows Copper Pipe Fittings'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 Copper Pipe Fittings over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$143k
IMPORTS (2022)$9M
NET TRADE (2022)-$8.86M

In 2022, Philippines exported $143k in Copper Pipe Fittings. The main destinations of Philippines exports on Copper Pipe Fittings were Japan ($34.2k), Thailand ($32.8k), Vietnam ($18.3k), United States ($16.2k), and Netherlands ($7.62k).

In 2022, Philippines imported $9M in Copper Pipe Fittings, mainly from China ($3.89M), Japan ($1.2M), Thailand ($1.08M), United States ($665k), and Germany ($629k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Pipe Fittings EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Vietnam$17.3k (1.81k%)
Singapore$7.11k (54.7k%)
United Arab Emirates$6.94k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Pipe Fittings BY Philippines WERE (2021 - 2022):
Japan-$10.8k (-24.1%)
Malaysia-$8.99k (-90%)
Saudi Arabia-$1.12k (-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 Copper Pipe Fittings were:
China $1.72B
Germany $969M
Italy $944M
In 2022, Philippines's main importing competitors in Copper Pipe Fittings were:
United States $1.01B
Germany $648M
France $372M

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Trade Value of Copper Pipe Fittings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALThailand+ $20.8k
TOP IMPORT POTENTIALChina+ $2.17M

Copper Pipe Fittings’s highest export potential is Thailand. With an export gap of $20.8k.   Copper Pipe Fittings’s highest import potential is China with an import gap of $2.17M.

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