Batteries in Philippines | The Observatory of Economic Complexity

About

Exports In 2022, Philippines exported $16M in Batteries, making it the 37th largest exporter of Batteries in the world. At the same year, Batteries was the 289th most exported product in Philippines. The main destination of Batteries exports from Philippines are: Austria ($4.4M), United States ($4.37M), Malaysia ($1.85M), Singapore ($1.06M), and France ($745k).

The fastest growing export markets for Batteries of Philippines between 2021 and 2022 were United States ($4.09M), Malaysia ($1.73M), and Singapore ($999k).

Imports In 2022, Philippines imported $78.4M in Batteries, becoming the 31st largest importer of Batteries in the world. At the same year, Batteries was the 315th most imported product in Philippines. Philippines imports Batteries primarily from: Indonesia ($23.3M), Singapore ($19.4M), China ($11.8M), Vietnam ($8.91M), and Hong Kong ($6.64M).

The fastest growing import markets in Batteries for Philippines between 2021 and 2022 were Vietnam ($8.81M), Indonesia ($7.57M), and Malaysia ($3.13M).

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

Latest Trends

August 2021

About

Overview In August 2021 Philippines' Batteries exports accounted up to $2.85M and imports accounted up to $2.86M, resulting in a negative trade balance of $11.4k. Between August 2020 and August 2021 the exports of Philippines' Batteries have increased by $177k (6.62%) from $2.67M to $2.85M, while imports decreased by $-185k (-6.06%) from $3.04M to $2.86M.

Destinations In August 2021, Batteries were exported mostly to Austria ($2.47M), Netherlands ($331k), United Arab Emirates ($12.3k), United States ($12k), and Thailand ($7.04k), and were imported mostly from Singapore ($632k), Indonesia ($587k), Hong Kong ($508k), China ($411k), and South Korea ($350k).

Growth In August 2021, the increase in Batteries's year-by-year exports was explained primarily by an increase in exports to . In August 2021, the decrease in Batteries's year-by-year imports was explained primarily by a decrease in imports from Singapore ($-5.14M or -80.1%), Hong Kong ($-306k or -22.7%), and Malaysia ($-141k or -76.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2020 - August 2021)$177k(6.62%)

IMPORT GROWTH (August 2020 - August 2021)$-185k(-6.06%)

MAIN DESTINATION (August 2021)Austria$2.47M

This section shows Batteries'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 Batteries over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$16M

IMPORTS (2022)$78.4M

NET TRADE (2022)-$62.4M

In 2022, Philippines exported $16M in Batteries. The main destinations of Philippines exports on Batteries were Austria ($4.4M), United States ($4.37M), Malaysia ($1.85M), Singapore ($1.06M), and France ($745k).

In 2022, Philippines imported $78.4M in Batteries, mainly from Indonesia ($23.3M), Singapore ($19.4M), China ($11.8M), Vietnam ($8.91M), and Hong Kong ($6.64M).

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