Broadcasting Equipment in Philippines | The Observatory of Economic Complexity

About

Exports In 2022, Philippines exported $1.36B in Broadcasting Equipment, making it the 30th largest exporter of Broadcasting Equipment in the world. At the same year, Broadcasting Equipment was the 11th most exported product in Philippines. The main destination of Broadcasting Equipment exports from Philippines are: United States ($919M), Canada ($83M), Germany ($63.5M), Japan ($63.5M), and United Kingdom ($38.1M).

The fastest growing export markets for Broadcasting Equipment of Philippines between 2021 and 2022 were United States ($233M), Canada ($60.3M), and Japan ($40.7M).

Imports In 2022, Philippines imported $2.63B in Broadcasting Equipment, becoming the 39th largest importer of Broadcasting Equipment in the world. At the same year, Broadcasting Equipment was the 6th most imported product in Philippines. Philippines imports Broadcasting Equipment primarily from: China ($1.3B), Singapore ($545M), United States ($288M), Vietnam ($225M), and Hong Kong ($64.5M).

The fastest growing import markets in Broadcasting Equipment for Philippines between 2021 and 2022 were Singapore ($178M), United States ($22.4M), and Indonesia ($19.1M).

COMPANIES In 2020, leading companies such as were at the forefront of shipping Broadcasting Equipment from Philippines to the United States.

Latest Trends

August 2021

About

Overview In August 2021 Philippines' Broadcasting Equipment exports accounted up to $2.06M and imports accounted up to $3.49M, resulting in a negative trade balance of $1.43M. Between August 2020 and August 2021 the exports of Philippines' Broadcasting Equipment have decreased by $-1.13M (-35.4%) from $3.19M to $2.06M, while imports increased by $1.83M (111%) from $1.65M to $3.49M.

Destinations In August 2021, Broadcasting Equipment were exported mostly to United States ($859k), Singapore ($390k), Russia ($267k), Belgium ($186k), and Germany ($183k), and were imported mostly from Japan ($840k), China ($819k), Thailand ($565k), Singapore ($512k), and Italy ($259k).

Growth In August 2021, the decrease in Broadcasting Equipment's year-by-year exports was explained primarily by a decrease in exports to Germany ($-107k or -46.9%), South Korea ($-51.2k or -92.9%), and Hong Kong ($-5.64k or -76.7%). In August 2021, the increase in Broadcasting Equipment's year-by-year imports was explained primarily by an increase in imports from Singapore ($1.3M or 117%), China ($401k or 24.2%), and Thailand ($152k or 179%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2020 - August 2021)$-1.13M(-35.4%)

IMPORT GROWTH (August 2020 - August 2021)$1.83M(111%)

MAIN DESTINATION (August 2021)United States$859k

This section shows Broadcasting Equipment'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 Broadcasting Equipment over time.

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