Semiconductor Devices in Philippines | The Observatory of Economic Complexity

About

Exports In 2022, Philippines exported $3.33B in Semiconductor Devices, making it the 12th largest exporter of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 4th most exported product in Philippines. The main destination of Semiconductor Devices exports from Philippines are: China ($611M), Hong Kong ($513M), Japan ($335M), Indonesia ($308M), and Singapore ($293M).

The fastest growing export markets for Semiconductor Devices of Philippines between 2021 and 2022 were Indonesia ($301M), Hong Kong ($167M), and Japan ($111M).

Imports In 2022, Philippines imported $1.99B in Semiconductor Devices, becoming the 20th largest importer of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 9th most imported product in Philippines. Philippines imports Semiconductor Devices primarily from: China ($505M), United Kingdom ($229M), United States ($205M), Japan ($201M), and Singapore ($189M).

The fastest growing import markets in Semiconductor Devices for Philippines between 2021 and 2022 were China ($221M), United Kingdom ($127M), and South Korea ($101M).

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

Latest Trends

August 2021

About

Overview In August 2021 Philippines' Semiconductor Devices exports accounted up to $126M and imports accounted up to $70.5M, resulting in a positive trade balance of $55.2M. Between August 2020 and August 2021 the exports of Philippines' Semiconductor Devices have increased by $4.35M (3.59%) from $121M to $126M, while imports decreased by $-24.2M (-25.6%) from $94.8M to $70.5M.

Destinations In August 2021, Semiconductor Devices were exported mostly to Hong Kong ($32.8M), Japan ($29.1M), China ($18.9M), United States ($14.2M), and Germany ($10.3M), and were imported mostly from Japan ($13.8M), China ($13.1M), Singapore ($9.82M), Chinese Taipei ($8.05M), and United Kingdom ($7.64M).

Growth In August 2021, the increase in Semiconductor Devices's year-by-year exports was explained primarily by an increase in exports to Japan ($21.4M or 183%), United States ($3.59M or 17.2%), and Mexico ($2.15M or 304%). In August 2021, the decrease in Semiconductor Devices's year-by-year imports was explained primarily by a decrease in imports from United States ($-8.96M or -46.7%), Chinese Taipei ($-2.71M or -35.4%), and France ($-824k or -84.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2020 - August 2021)$4.35M(3.59%)

IMPORT GROWTH (August 2020 - August 2021)$-24.2M(-25.6%)

MAIN DESTINATION (August 2021)Hong Kong$32.8M

This section shows Semiconductor Devices'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 Semiconductor Devices over time.

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