Passenger and Cargo Ships in Philippines | The Observatory of Economic Complexity

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Exports In 2022, Philippines exported $180M in Passenger and Cargo Ships, making it the 27th largest exporter of Passenger and Cargo Ships in the world. At the same year, Passenger and Cargo Ships was the 65th most exported product in Philippines. The main destination of Passenger and Cargo Ships exports from Philippines are: Japan ($107M), Turkey ($24.4M), Indonesia ($18.8M), Spain ($13.4M), and China ($9.97M).

The fastest growing export markets for Passenger and Cargo Ships of Philippines between 2021 and 2022 were Turkey ($19.6M), Indonesia ($18.8M), and China ($9.97M).

Imports In 2022, Philippines imported $312M in Passenger and Cargo Ships, becoming the 35th largest importer of Passenger and Cargo Ships in the world. At the same year, Passenger and Cargo Ships was the 113th most imported product in Philippines. Philippines imports Passenger and Cargo Ships primarily from: China ($128M), Japan ($51.3M), Indonesia ($34.1M), Singapore ($30.1M), and Hong Kong ($22.9M).

The fastest growing import markets in Passenger and Cargo Ships for Philippines between 2021 and 2022 were China ($83.1M), Indonesia ($29.4M), and Hong Kong ($22.9M).

Latest Trends

August 2021

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Overview In August 2021 Philippines' Passenger and Cargo Ships exports accounted up to $84.4M and imports accounted up to $2.05M, resulting in a positive trade balance of $82.4M. Between June 2020 and August 2021 the exports of Philippines' Passenger and Cargo Ships have increased by $51.6M (157%) from $32.8M to $84.4M, while imports increased by $175k (9.37%) from $1.87M to $2.05M.

Destinations In August 2021, Passenger and Cargo Ships were exported mostly to Japan ($84.4M), and were imported mostly from Japan ($896k), China ($582k), Vietnam ($456k), and Malaysia ($111k).

Growth In August 2021, the increase in Passenger and Cargo Ships's year-by-year exports was explained primarily by an increase in exports to . In August 2021, the increase in Passenger and Cargo Ships's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2020 - August 2021)$51.6M(157%)

IMPORT GROWTH (June 2020 - August 2021)$175k(9.37%)

MAIN DESTINATION (August 2021)Japan$84.4M

This section shows Passenger and Cargo Ships'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 Passenger and Cargo Ships over time.

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