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2022
Exports $173MWorld Rnk 12 / 184
Flag Rnk 70 / 1127
2022
Destination $22.6M Thailand
2021 - 2022
FASTEST GROWING MARKET $22.6MThailand
2022
PRODUCT COMPLEXITY IN Revolution Counters1.07Rnk 145 / 1025
2022
Imports $15MWorld Rnk 44 / 214
Flag Rnk 642 / 1201
2022
Origin $1.23M Indonesia
2021 - 2022
FASTEST GROWING ORIGIN $1.23MIndonesia
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $173M in Revolution Counters, making it the 12th largest exporter of Revolution Counters in the world. At the same year, Revolution Counters was the 70th most exported product in Philippines. The main destination of Revolution Counters exports from Philippines are: Thailand ($43.7M), South Korea ($29.5M), Malaysia ($19.8M), United States ($19M), and Indonesia ($17.4M).

The fastest growing export markets for Revolution Counters of Philippines between 2021 and 2022 were Thailand ($22.6M), Malaysia ($11.1M), and South Korea ($8.35M).

Imports In 2022, Philippines imported $15M in Revolution Counters, becoming the 44th largest importer of Revolution Counters in the world. At the same year, Revolution Counters was the 642nd most imported product in Philippines. Philippines imports Revolution Counters primarily from: Indonesia ($4.67M), Thailand ($2.44M), China ($2.03M), Malaysia ($1.43M), and Japan ($1.15M).

The fastest growing import markets in Revolution Counters for Philippines between 2021 and 2022 were Indonesia ($1.23M), Malaysia ($941k), and China ($446k).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Revolution Counters exports accounted up to $14.1M and imports accounted up to $245k, resulting in a positive trade balance of $13.9M. Between June 2023 and June 2024 the exports of Philippines'   Revolution Counters have decreased by $-2.49M (-15%) from $16.6M to $14.1M, while imports decreased by $-703k (-74.1%) from $948k to $245k.

Destinations In June 2024, Revolution Counters were exported mostly to United States ($3.43M), Japan ($1.96M), China ($1.7M), South Korea ($1.37M), and Malaysia ($1.26M), and were imported mostly from Japan ($89.2k), Thailand ($64.4k), United States ($24.4k), Chinese Taipei ($12.9k), and Germany ($11.7k).

Growth In June 2024, the decrease in Revolution Counters's year-by-year exports was explained primarily by a decrease in exports to Japan ($-809k or -43.2%), Indonesia ($-390k or -20.4%), and Malaysia ($-274k or -16.1%). In June 2024, the decrease in Revolution Counters's year-by-year imports was explained primarily by a decrease in imports from South Korea ($-52.3k or -94.8%), France ($-25.1k or -99.8%), and Thailand ($-23k or -26.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-2.49M(-15%)
IMPORT GROWTH (June 2023 - June 2024)$-703k(-74.1%)
MAIN DESTINATION (June 2024)United States$3.43M

This section shows Revolution Counters'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 Revolution Counters over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$173M
IMPORTS (2022)$15M
NET TRADE (2022)$158M

In 2022, Philippines exported $173M in Revolution Counters. The main destinations of Philippines exports on Revolution Counters were Thailand ($43.7M), South Korea ($29.5M), Malaysia ($19.8M), United States ($19M), and Indonesia ($17.4M).

In 2022, Philippines imported $15M in Revolution Counters, mainly from Indonesia ($4.67M), Thailand ($2.44M), China ($2.03M), Malaysia ($1.43M), and Japan ($1.15M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Revolution Counters EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Thailand$22.6M (107%)
Malaysia$11.1M (128%)
South Korea$8.35M (39.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Revolution Counters BY Philippines WERE (2021 - 2022):
Japan-$3.15M (-25.3%)
Chinese Taipei-$1.46M (-21%)
Mexico-$697k (-36.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Revolution Counters were:
Germany $1.53B
Portugal $1.35B
Mexico $1.05B
In 2022, Philippines's main importing competitors in Revolution Counters were:
United States $1.75B
Germany $1.54B
China $984M

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Trade Value of Revolution Counters by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $11.8M
TOP IMPORT POTENTIALChina+ $2.04M

Revolution Counters’s highest export potential is United States. With an export gap of $11.8M.   Revolution Counters’s highest import potential is China with an import gap of $2.04M.

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