2022
Exports
$526kWorld Rnk 53 / 93
Flag Rnk 659 / 1127
2022
PRODUCT COMPLEXITY IN Metalworking Transfer Machines
2.21Rnk 2 / 1025
2022
Imports
$22.7MWorld Rnk 45 / 169
Flag Rnk 555 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $526k in Metalworking Transfer Machines, making it the 53rd largest exporter of Metalworking Transfer Machines in the world. At the same year, Metalworking Transfer Machines was the 659th most exported product in Philippines. The main destination of Metalworking Transfer Machines exports from Philippines are: Japan ($324k), South Korea ($149k), Malaysia ($30k), Indonesia ($22.2k), and Denmark ($865).

The fastest growing export markets for Metalworking Transfer Machines of Philippines between 2021 and 2022 were Japan ($324k), Indonesia ($4.38k), and Denmark ($865).

Imports In 2022, Philippines imported $22.7M in Metalworking Transfer Machines, becoming the 45th largest importer of Metalworking Transfer Machines in the world. At the same year, Metalworking Transfer Machines was the 555th most imported product in Philippines. Philippines imports Metalworking Transfer Machines primarily from: Japan ($10.9M), Netherlands ($3.18M), Switzerland ($3.15M), Chinese Taipei ($1.54M), and China ($1.22M).

The fastest growing import markets in Metalworking Transfer Machines for Philippines between 2021 and 2022 were Switzerland ($1.98M), Netherlands ($1.58M), and United States ($507k).

Latest Trends

Mar 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Metalworking Transfer Machines. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$526k
IMPORTS (2022)$22.7M
NET TRADE (2022)-$22.1M

In 2022, Philippines exported $526k in Metalworking Transfer Machines. The main destinations of Philippines exports on Metalworking Transfer Machines were Japan ($324k), South Korea ($149k), Malaysia ($30k), Indonesia ($22.2k), and Denmark ($865).

In 2022, Philippines imported $22.7M in Metalworking Transfer Machines, mainly from Japan ($10.9M), Netherlands ($3.18M), Switzerland ($3.15M), Chinese Taipei ($1.54M), and China ($1.22M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metalworking Transfer Machines EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Japan$324k (1%)
Indonesia$4.38k (24.6%)
Denmark$865 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metalworking Transfer Machines BY Philippines WERE (2021 - 2022):
Thailand-$260k (-100%)
Turkey-$216k (-100%)
South Korea-$154k (-50.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Metalworking Transfer Machines were:
In 2022, Philippines's main importing competitors in Metalworking Transfer Machines were:

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Trade Value of Metalworking Transfer Machines by Exporters

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