Exports In 2022, Philippines exported $1.09B in Low-voltage Protection Equipment, making it the 23rd largest exporter of Low-voltage Protection Equipment in the world. At the same year, Low-voltage Protection Equipment was the 15th most exported product in Philippines. The main destination of Low-voltage Protection Equipment exports from Philippines are: United States ($195M), China ($183M), Japan ($145M), South Korea ($89.8M), and Hong Kong ($84.8M).
The fastest growing export markets for Low-voltage Protection Equipment of Philippines between 2021 and 2022 were South Korea ($15.6M), United States ($11.7M), and Thailand ($8.08M).
Imports In 2022, Philippines imported $882M in Low-voltage Protection Equipment, becoming the 32nd largest importer of Low-voltage Protection Equipment in the world. At the same year, Low-voltage Protection Equipment was the 32nd most imported product in Philippines. Philippines imports Low-voltage Protection Equipment primarily from: China ($206M), Japan ($196M), Singapore ($100M), Hong Kong ($73.9M), and United States ($65.6M).
The fastest growing import markets in Low-voltage Protection Equipment for Philippines between 2021 and 2022 were South Korea ($20.7M), Singapore ($12.1M), and Mexico ($11.5M).
COMPANIES In 2023, leading companies such as StarTech (6) were at the forefront of shipping Low-voltage Protection Equipment from Philippines to the United States.