Telephones in Philippines | The Observatory of Economic Complexity

About

Exports In 2022, Philippines exported $225M in Telephones, making it the 26th largest exporter of Telephones in the world. At the same year, Telephones was the 55th most exported product in Philippines. The main destination of Telephones exports from Philippines are: Vietnam ($114M), China ($30M), Hong Kong ($18.7M), United States ($12.7M), and Chinese Taipei ($10.8M).

The fastest growing export markets for Telephones of Philippines between 2021 and 2022 were China ($17M), United States ($8.48M), and Chinese Taipei ($6.65M).

Imports In 2022, Philippines imported $795M in Telephones, becoming the 22nd largest importer of Telephones in the world. At the same year, Telephones was the 35th most imported product in Philippines. Philippines imports Telephones primarily from: China ($462M), South Korea ($152M), Singapore ($40.4M), Japan ($39.9M), and Hong Kong ($32.5M).

The fastest growing import markets in Telephones for Philippines between 2021 and 2022 were South Korea ($134M), Mexico ($15.4M), and Japan ($4.39M).

COMPANIES In 2020, leading companies such as BROTHER INTERNATIONAL CORPORATION (20) were at the forefront of shipping Telephones from Philippines to the United States.

Latest Trends

August 2021

About

Overview In August 2021 Philippines' Telephones exports accounted up to $90.4M and imports accounted up to $219M, resulting in a negative trade balance of $129M. Between August 2020 and August 2021 the exports of Philippines' Telephones have increased by $66M (271%) from $24.4M to $90.4M, while imports decreased by $-14.2M (-6.09%) from $233M to $219M.

Destinations In August 2021, Telephones were exported mostly to United States ($40.1M), Vietnam ($30.9M), Hong Kong ($4.32M), Chinese Taipei ($3.68M), and China ($2.36M), and were imported mostly from China ($127M), Vietnam ($27.9M), Singapore ($16M), Hong Kong ($12.6M), and Malaysia ($9.47M).

Growth In August 2021, the increase in Telephones's year-by-year exports was explained primarily by an increase in exports to Malaysia ($1.4M or 109%), Italy ($153k or 117%), and South Korea ($121k or 1.49k%). In August 2021, the decrease in Telephones's year-by-year imports was explained primarily by a decrease in imports from Vietnam ($-18.7M or -64.8%), Japan ($-17.1M or -94.7%), and Hong Kong ($-10.7M or -30.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2020 - August 2021)$66M(271%)

IMPORT GROWTH (August 2020 - August 2021)$-14.2M(-6.09%)

MAIN DESTINATION (August 2021)United States$40.1M

This section shows Telephones'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 Telephones over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$225M

IMPORTS (2022)$795M

NET TRADE (2022)-$570M

In 2022, Philippines exported $225M in Telephones. The main destinations of Philippines exports on Telephones were Vietnam ($114M), China ($30M), Hong Kong ($18.7M), United States ($12.7M), and Chinese Taipei ($10.8M).

In 2022, Philippines imported $795M in Telephones, mainly from China ($462M), South Korea ($152M), Singapore ($40.4M), Japan ($39.9M), and Hong Kong ($32.5M).

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