Electric Generating Sets in Philippines | The Observatory of Economic Complexity

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Exports In 2022, Philippines exported $2.65M in Electric Generating Sets, making it the 74th largest exporter of Electric Generating Sets in the world. At the same year, Electric Generating Sets was the 483rd most exported product in Philippines. The main destination of Electric Generating Sets exports from Philippines are: Japan ($627k), China ($457k), Guyana ($440k), Brazil ($321k), and Thailand ($312k).

The fastest growing export markets for Electric Generating Sets of Philippines between 2021 and 2022 were China ($454k), Guyana ($440k), and Japan ($380k).

Imports In 2022, Philippines imported $227M in Electric Generating Sets, becoming the 36th largest importer of Electric Generating Sets in the world. At the same year, Electric Generating Sets was the 148th most imported product in Philippines. Philippines imports Electric Generating Sets primarily from: China ($153M), Vietnam ($12.5M), Japan ($12M), Singapore ($8.68M), and Slovenia ($8.44M).

The fastest growing import markets in Electric Generating Sets for Philippines between 2021 and 2022 were China ($12.9M), Slovenia ($6.95M), and United States ($2.76M).

Latest Trends

August 2021

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Overview In August 2021 Philippines' Electric Generating Sets exports accounted up to $98.4k and imports accounted up to $39.1M, resulting in a negative trade balance of $39M. Between August 2020 and August 2021 the exports of Philippines' Electric Generating Sets have increased by $85.9k (687%) from $12.5k to $98.4k, while imports increased by $30.9M (379%) from $8.16M to $39.1M.

Destinations In August 2021, Electric Generating Sets were exported mostly to Australia ($80.8k) and Brazil ($17.6k), and were imported mostly from Slovenia ($18M), China ($8.49M), Japan ($6.7M), Spain ($1.95M), and Singapore ($1.93M).

Growth In August 2021, the increase in Electric Generating Sets's year-by-year exports was explained primarily by an increase in exports to . In August 2021, the increase in Electric Generating Sets's year-by-year imports was explained primarily by an increase in imports from Austria ($420k or 1.07k%), South Korea ($75.5k or 206%), and Japan ($68.2k or 48.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2020 - August 2021)$85.9k(687%)

IMPORT GROWTH (August 2020 - August 2021)$30.9M(379%)

MAIN DESTINATION (August 2021)Australia$80.8k

This section shows Electric Generating Sets'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 Electric Generating Sets over time.

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