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Pricing

2022
Exports $17.8MWorld Rnk 16 / 103
Flag Rnk 275 / 1127
2022
Destination $9M United States
2021 - 2022
FASTEST GROWING MARKET $9MUnited States
2022
PRODUCT COMPLEXITY IN Other Firearms0.16Rnk 499 / 1025
2022
Imports $23.2MWorld Rnk 13 / 179
Flag Rnk 550 / 1201
2022
Origin $14.1M Israel
2021 - 2022
FASTEST GROWING ORIGIN $14.1MIsrael
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $17.8M in Other Firearms, making it the 16th largest exporter of Other Firearms in the world. At the same year, Other Firearms was the 275th most exported product in Philippines. The main destination of Other Firearms exports from Philippines are: United States ($17.6M), Thailand ($101k), Canada ($53.8k), Paraguay ($48k), and Czechia ($17.9k).

The fastest growing export markets for Other Firearms of Philippines between 2021 and 2022 were United States ($9M), Canada ($53k), and Paraguay ($48k).

Imports In 2022, Philippines imported $23.2M in Other Firearms, becoming the 13th largest importer of Other Firearms in the world. At the same year, Other Firearms was the 550th most imported product in Philippines. Philippines imports Other Firearms primarily from: Israel ($15.4M), Brazil ($4.67M), United States ($1.39M), Turkey ($765k), and Italy ($497k).

The fastest growing import markets in Other Firearms for Philippines between 2021 and 2022 were Israel ($14.1M), Italy ($148k), and Russia ($94.6k).

Latest Trends

May 2024

About

Overview In May 2024 Philippines' Other Firearms exports accounted up to $2.15M and imports accounted up to $459k, resulting in a positive trade balance of $1.69M. Between May 2023 and May 2024 the exports of Philippines'   Other Firearms have decreased by $-569k (-20.9%) from $2.72M to $2.15M, while imports decreased by $-218k (-32.2%) from $677k to $459k.

Destinations In May 2024, Other Firearms were exported mostly to , and were imported mostly from Czechia ($200k), Brazil ($166k), Germany ($22.9k), United States ($15.4k), and Slovakia ($10.8k).

Growth In May 2024, the decrease in Other Firearms's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the decrease in Other Firearms's year-by-year imports was explained primarily by a decrease in imports from Brazil ($-287k or -85.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)$-569k(-20.9%)
IMPORT GROWTH (May 2023 - June 2024)$-218k(-32.2%)
MAIN DESTINATION (May 2024)

This section shows Other Firearms'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 Firearms over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$17.8M
IMPORTS (2022)$23.2M
NET TRADE (2022)-$5.41M

In 2022, Philippines exported $17.8M in Other Firearms. The main destinations of Philippines exports on Other Firearms were United States ($17.6M), Thailand ($101k), Canada ($53.8k), Paraguay ($48k), and Czechia ($17.9k).

In 2022, Philippines imported $23.2M in Other Firearms, mainly from Israel ($15.4M), Brazil ($4.67M), United States ($1.39M), Turkey ($765k), and Italy ($497k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Other Firearms EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United States$9M (105%)
Canada$53k (5.93k%)
Paraguay$48k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Firearms BY Philippines WERE (2021 - 2022):
Thailand-$27.8k (-21.6%)
Russia-$26k (-100%)
Hong Kong-$18.3k (-100%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Other Firearms were:
Italy $441M
Turkey $314M
United States $278M
In 2022, Philippines's main importing competitors in Other Firearms were:
United States $946M
Canada $144M
Tunisia $79.6M

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Trade Value of Other Firearms by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $300k
TOP IMPORT POTENTIALTurkey+ $426k

Other Firearms’s highest export potential is United States. With an export gap of $300k.   Other Firearms’s highest import potential is Turkey with an import gap of $426k.

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