Sign In
Pricing

2022
Exports $4.95MWorld Rnk 36 / 122
Flag Rnk 411 / 1127
2022
Destination $2.49M Japan
2021 - 2022
FASTEST GROWING MARKET $2.49MJapan
2022
PRODUCT COMPLEXITY IN Steam Turbines0.39Rnk 412 / 1025
2022
Imports $39.7MWorld Rnk 26 / 191
Flag Rnk 432 / 1201
2022
Origin $10.2M Germany
2021 - 2022
FASTEST GROWING ORIGIN $10.2MGermany
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $4.95M in Steam Turbines, making it the 36th largest exporter of Steam Turbines in the world. At the same year, Steam Turbines was the 411th most exported product in Philippines. The main destination of Steam Turbines exports from Philippines are: Japan ($2.49M), India ($2.23M), Poland ($72k), Chinese Taipei ($46k), and Oman ($43.9k).

The fastest growing export markets for Steam Turbines of Philippines between 2021 and 2022 were Japan ($2.49M), India ($2.23M), and Poland ($72k).

Imports In 2022, Philippines imported $39.7M in Steam Turbines, becoming the 26th largest importer of Steam Turbines in the world. At the same year, Steam Turbines was the 432nd most imported product in Philippines. Philippines imports Steam Turbines primarily from: Germany ($10.6M), Japan ($9.19M), Italy ($6.86M), India ($4.7M), and China ($3.52M).

The fastest growing import markets in Steam Turbines for Philippines between 2021 and 2022 were Germany ($10.2M), Italy ($5.86M), and India ($3.09M).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Steam Turbines exports accounted up to $228k and imports accounted up to $343k, resulting in a negative trade balance of $115k. Between August 2021 and June 2024 the exports of Philippines'   Steam Turbines have increased by $188k (471%) from $39.9k to $228k, while imports decreased by $-14.1M (-97.6%) from $14.4M to $343k.

Destinations In June 2024, Steam Turbines were exported mostly to Japan ($228k), and were imported mostly from India ($317k), Japan ($16.6k), Singapore ($5.08k), Australia ($4.48k), and United States ($90).

Growth In June 2024, the increase in Steam Turbines's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the decrease in Steam Turbines's year-by-year imports was explained primarily by a decrease in imports from Japan ($-223k or -87.5%), United States ($-45.5k or -88.1%), and Germany ($-14.5k or -43.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2021 - June 2024)$188k(471%)
IMPORT GROWTH (June 2023 - June 2024)$-14.1M(-97.6%)
MAIN DESTINATION (June 2024)Japan$228k

This section shows Steam Turbines'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 Steam Turbines over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$4.95M
IMPORTS (2022)$39.7M
NET TRADE (2022)-$34.7M

In 2022, Philippines exported $4.95M in Steam Turbines. The main destinations of Philippines exports on Steam Turbines were Japan ($2.49M), India ($2.23M), Poland ($72k), Chinese Taipei ($46k), and Oman ($43.9k).

In 2022, Philippines imported $39.7M in Steam Turbines, mainly from Germany ($10.6M), Japan ($9.19M), Italy ($6.86M), India ($4.7M), and China ($3.52M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Steam Turbines EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Japan$2.49M (9.23M%)
India$2.23M (1%)
Poland$72k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steam Turbines BY Philippines WERE (2021 - 2022):
Germany-$208k (-91.9%)
New Zealand-$56.8k (-69.2%)
Chinese Taipei-$55.8k (-54.8%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Steam Turbines were:
Japan $678M
Germany $516M
China $502M
In 2022, Philippines's main importing competitors in Steam Turbines were:
Indonesia $262M
United States $211M
Bangladesh $188M

Explore Visualizations

Trade Value of Steam Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $389k
TOP IMPORT POTENTIALChina+ $2.02M

Steam Turbines’s highest export potential is India. With an export gap of $389k.   Steam Turbines’s highest import potential is China with an import gap of $2.02M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms