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2021
Exports $26.2kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2021
Imports $116kWorld Rnk 77 / 156
Flag Rnk 1135 / 1201
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Imports In 2022, Philippines imported $116k in Magnesium Hydroxide and Peroxide, becoming the 77th largest importer of Magnesium Hydroxide and Peroxide in the world. At the same year, Magnesium Hydroxide and Peroxide was the 1135th most imported product in Philippines. Philippines imports Magnesium Hydroxide and Peroxide primarily from: United States ($42.5k), South Korea ($25.2k), Mexico ($22.8k), India ($18.9k), and Germany ($2.99k).

The fastest growing import markets in Magnesium Hydroxide and Peroxide for Philippines between 2021 and 2022 were United States ($11k), India ($8.14k), and Germany ($2.99k).

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 Magnesium Hydroxide and Peroxide. 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 (2021)$26.2k
IMPORTS (2022)$116k
NET TRADE (2022)-$116k

In 2022, Philippines imported $116k in Magnesium Hydroxide and Peroxide, mainly from United States ($42.5k), South Korea ($25.2k), Mexico ($22.8k), India ($18.9k), and Germany ($2.99k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium Hydroxide and Peroxide BY Philippines WERE (N/A - 2021):
Malaysia-$25.9k (-100%)
Ireland-$192 (-100%)
Canada-$41 (-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 Magnesium Hydroxide and Peroxide were:
China $58.1M
Russia $49.1M
Netherlands $35.4M
In 2022, Philippines's main importing competitors in Magnesium Hydroxide and Peroxide were:
United States $33.1M
China $29.1M
South Korea $25.2M

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Trade Value of Magnesium Hydroxide and Peroxide by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $393
TOP IMPORT POTENTIALIndia+ $8.69k

Magnesium Hydroxide and Peroxide’s highest export potential is China. With an export gap of $393.   Magnesium Hydroxide and Peroxide’s highest import potential is India with an import gap of $8.69k.

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