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2022
Exports $49.3MWorld Rnk 30 / 118
Flag Rnk 167 / 1127
2022
Destination $781k United States
2021 - 2022
FASTEST GROWING MARKET $781kBrazil
2022
PRODUCT COMPLEXITY IN Explosive Ammunition0.21Rnk 484 / 1025
2022
Imports $128MWorld Rnk 16 / 195
Flag Rnk 219 / 1201
2022
Origin $41.2M Brazil
2021 - 2022
FASTEST GROWING ORIGIN $41.2MBrazil
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $49.3M in Explosive Ammunition, making it the 30th largest exporter of Explosive Ammunition in the world. At the same year, Explosive Ammunition was the 167th most exported product in Philippines. The main destination of Explosive Ammunition exports from Philippines are: United States ($44.3M), Thailand ($2.56M), Cambodia ($917k), Brazil ($781k), and Indonesia ($442k).

The fastest growing export markets for Explosive Ammunition of Philippines between 2021 and 2022 were Brazil ($781k), Cambodia ($536k), and Indonesia ($442k).

Imports In 2022, Philippines imported $128M in Explosive Ammunition, becoming the 16th largest importer of Explosive Ammunition in the world. At the same year, Explosive Ammunition was the 219th most imported product in Philippines. Philippines imports Explosive Ammunition primarily from: Brazil ($52.1M), Spain ($28.3M), South Korea ($25.1M), Israel ($7.38M), and South Africa ($6.47M).

The fastest growing import markets in Explosive Ammunition for Philippines between 2021 and 2022 were Brazil ($41.2M), South Korea ($22.9M), and Luxembourg ($4.24M).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Explosive Ammunition exports accounted up to $1.47M and imports accounted up to $5.35M, resulting in a negative trade balance of $3.87M. Between June 2023 and June 2024 the exports of Philippines'   Explosive Ammunition have decreased by $-567k (-27.8%) from $2.04M to $1.47M, while imports increased by $2.17M (68.2%) from $3.18M to $5.35M.

Destinations In June 2024, Explosive Ammunition were exported mostly to United States ($1.2M) and Thailand ($270k), and were imported mostly from Spain ($4.7M), United States ($491k), Italy ($49.7k), Australia ($31.3k), and Singapore ($2.83k).

Growth In June 2024, the decrease in Explosive Ammunition's year-by-year exports was explained primarily by a decrease in exports to Hong Kong ($-6.28k or -98.8%). In June 2024, the increase in Explosive Ammunition's year-by-year imports was explained primarily by an increase in imports from Japan ($3.05k or 868%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-567k(-27.8%)
IMPORT GROWTH (June 2023 - June 2024)$2.17M(68.2%)
MAIN DESTINATION (June 2024)United States$1.2M

This section shows Explosive Ammunition'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 Explosive Ammunition over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$49.3M
IMPORTS (2022)$128M
NET TRADE (2022)-$78.7M

In 2022, Philippines exported $49.3M in Explosive Ammunition. The main destinations of Philippines exports on Explosive Ammunition were United States ($44.3M), Thailand ($2.56M), Cambodia ($917k), Brazil ($781k), and Indonesia ($442k).

In 2022, Philippines imported $128M in Explosive Ammunition, mainly from Brazil ($52.1M), Spain ($28.3M), South Korea ($25.1M), Israel ($7.38M), and South Africa ($6.47M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Explosive Ammunition EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Brazil$781k (1%)
Cambodia$536k (141%)
Indonesia$442k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Explosive Ammunition BY Philippines WERE (2021 - 2022):
United States-$16.7M (-27.4%)
Honduras-$244k (-100%)
Italy-$104k (-100%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Explosive Ammunition were:
United States $2.71B
South Korea $694M
Poland $611M
In 2022, Philippines's main importing competitors in Explosive Ammunition were:
United States $1.34B
Ukraine $1.07B
Poland $864M

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Trade Value of Explosive Ammunition by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALThailand+ $1.01M
TOP IMPORT POTENTIALUnited States+ $3.07M

Explosive Ammunition’s highest export potential is Thailand. With an export gap of $1.01M.   Explosive Ammunition’s highest import potential is United States with an import gap of $3.07M.

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