Exports In 2022, Philippines exported $46.5M in Excavation Machinery, making it the 55th largest exporter of Excavation Machinery in the world. At the same year, Excavation Machinery was the 171st most exported product in Philippines. The main destination of Excavation Machinery exports from Philippines are: Japan ($27.8M), Singapore ($4.34M), China ($2.82M), Indonesia ($2.45M), and Mexico ($1.72M).
The fastest growing export markets for Excavation Machinery of Philippines between 2021 and 2022 were Japan ($4.96M), Singapore ($2.55M), and China ($2.35M).
Imports In 2022, Philippines imported $246M in Excavation Machinery, becoming the 43rd largest importer of Excavation Machinery in the world. At the same year, Excavation Machinery was the 133rd most imported product in Philippines. Philippines imports Excavation Machinery primarily from: China ($108M), Singapore ($23.9M), South Korea ($21.9M), Japan ($17.7M), and Thailand ($8.29M).
The fastest growing import markets in Excavation Machinery for Philippines between 2021 and 2022 were China ($15.3M), Thailand ($3.75M), and Italy ($2.32M).