Exports In 2022, Philippines exported $7.56M in Tug Boats, making it the 29th largest exporter of Tug Boats in the world. At the same year, Tug Boats was the 373rd most exported product in Philippines. The main destination of Tug Boats exports from Philippines are: India ($4.26M) and Singapore ($3.3M).
The fastest growing export markets for Tug Boats of Philippines between N/A and 2022 were India ($4.26M) and Singapore ($3.3M).
Imports In 2022, Philippines imported $27.2M in Tug Boats, becoming the 21st largest importer of Tug Boats in the world. At the same year, Tug Boats was the 518th most imported product in Philippines. Philippines imports Tug Boats primarily from: China ($14.7M), Singapore ($4.19M), Japan ($3.19M), Malaysia ($1.73M), and South Korea ($1.09M).
The fastest growing import markets in Tug Boats for Philippines between 2021 and 2022 were China ($13.8M), Singapore ($3.04M), and Belgium ($879k).
COMPANIES In 2023, leading companies such as Cinmar (3) were at the forefront of shipping Tug Boats from Philippines to the United States.