2022
Exports
$359MWorld Rnk 30 / 209
Flag Rnk 40 / 1127
2022
PRODUCT COMPLEXITY IN Electric Batteries
1.02Rnk 164 / 1025
2022
Imports
$547MWorld Rnk 37 / 225
Flag Rnk 67 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $359M in Electric Batteries, making it the 30th largest exporter of Electric Batteries in the world. At the same year, Electric Batteries was the 40th most exported product in Philippines. The main destination of Electric Batteries exports from Philippines are: United States ($76.7M), Malaysia ($54.3M), Australia ($53.9M), Austria ($25.9M), and Japan ($18.3M).

The fastest growing export markets for Electric Batteries of Philippines between 2021 and 2022 were Australia ($11.1M), United Kingdom ($9.74M), and Japan ($7.61M).

Imports In 2022, Philippines imported $547M in Electric Batteries, becoming the 37th largest importer of Electric Batteries in the world. At the same year, Electric Batteries was the 67th most imported product in Philippines. Philippines imports Electric Batteries primarily from: China ($225M), Vietnam ($91.1M), Singapore ($71.3M), Chinese Taipei ($42.9M), and South Korea ($36.8M).

The fastest growing import markets in Electric Batteries for Philippines between 2021 and 2022 were China ($37.6M), Singapore ($16.2M), and Chinese Taipei ($14.4M).

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 Electric Batteries. 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)$359M
IMPORTS (2022)$547M
NET TRADE (2022)-$188M

In 2022, Philippines exported $359M in Electric Batteries. The main destinations of Philippines exports on Electric Batteries were United States ($76.7M), Malaysia ($54.3M), Australia ($53.9M), Austria ($25.9M), and Japan ($18.3M).

In 2022, Philippines imported $547M in Electric Batteries, mainly from China ($225M), Vietnam ($91.1M), Singapore ($71.3M), Chinese Taipei ($42.9M), and South Korea ($36.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Batteries EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Australia$11.1M (25.9%)
United Kingdom$9.74M (698%)
Japan$7.61M (71.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Batteries BY Philippines WERE (2021 - 2022):
Russia-$8.17M (-100%)
United Arab Emirates-$3.43M (-57.8%)
Saudi Arabia-$2.95M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Electric Batteries by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $62.5M
TOP IMPORT POTENTIALChina+ $117M

Electric Batteries’s highest export potential is United States. With an export gap of $62.5M.   Electric Batteries’s highest import potential is China with an import gap of $117M.

See methodology.

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