2022
Exports
$148kWorld Rnk 62 / 169
Flag Rnk 800 / 1127
2022
PRODUCT COMPLEXITY IN Other Clocks
0.32Rnk 435 / 1025
2022
Imports
$35.1MWorld Rnk 10 / 216
Flag Rnk 460 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $148k in Other Clocks, making it the 62nd largest exporter of Other Clocks in the world. At the same year, Other Clocks was the 800th most exported product in Philippines. The main destination of Other Clocks exports from Philippines are: China ($84.9k), Germany ($12.6k), Singapore ($10.3k), United Arab Emirates ($8.57k), and Canada ($6.93k).

The fastest growing export markets for Other Clocks of Philippines between 2021 and 2022 were China ($37.1k), Germany ($12.6k), and United Arab Emirates ($8.57k).

Imports In 2022, Philippines imported $35.1M in Other Clocks, becoming the 10th largest importer of Other Clocks in the world. At the same year, Other Clocks was the 460th most imported product in Philippines. Philippines imports Other Clocks primarily from: China ($33.9M), Hong Kong ($181k), Switzerland ($170k), Japan ($128k), and Singapore ($117k).

The fastest growing import markets in Other Clocks for Philippines between 2021 and 2022 were China ($8.06M), Switzerland ($146k), and Malaysia ($72.3k).

COMPANIES In 2023, leading companies such as Michael Kors (2) were at the forefront of shipping Other Clocks from Philippines to the United States.

Latest Trends

April 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2022 - April 2024)$341(171%)
IMPORT GROWTH (June 2023 - June 2024)$-572k(-94.7%)
MAIN DESTINATION (April 2024)

This section shows Other Clocks'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 Other Clocks over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$148k
IMPORTS (2022)$35.1M
NET TRADE (2022)-$34.9M

In 2022, Philippines exported $148k in Other Clocks. The main destinations of Philippines exports on Other Clocks were China ($84.9k), Germany ($12.6k), Singapore ($10.3k), United Arab Emirates ($8.57k), and Canada ($6.93k).

In 2022, Philippines imported $35.1M in Other Clocks, mainly from China ($33.9M), Hong Kong ($181k), Switzerland ($170k), Japan ($128k), and Singapore ($117k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Clocks EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
China$37.1k (77.7%)
Germany$12.6k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Clocks BY Philippines WERE (2021 - 2022):
United Kingdom-$57.1k (-100%)
United States-$35.9k (-98.2%)
Japan-$25.5k (-88.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Other Clocks were:
In 2022, Philippines's main importing competitors in Other Clocks were:

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Trade Value of Other Clocks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $32.6k
TOP IMPORT POTENTIALHong Kong+ $228k

Other Clocks’s highest export potential is China. With an export gap of $32.6k.   Other Clocks’s highest import potential is Hong Kong with an import gap of $228k.

See methodology.

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