Navigation Equipment in Philippines | The Observatory of Economic Complexity

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Exports In 2022, Philippines exported $361M in Navigation Equipment, making it the 19th largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 39th most exported product in Philippines. The main destination of Navigation Equipment exports from Philippines are: Japan ($274M), Thailand ($29.5M), China ($19.4M), United States ($13.8M), and Germany ($9.38M).

The fastest growing export markets for Navigation Equipment of Philippines between 2021 and 2022 were Thailand ($14.9M), United States ($3.61M), and Germany ($2.34M).

Imports In 2022, Philippines imported $72.9M in Navigation Equipment, becoming the 46th largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 323rd most imported product in Philippines. Philippines imports Navigation Equipment primarily from: South Korea ($20.7M), Japan ($19M), China ($9.02M), United States ($7.46M), and Israel ($3.8M).

The fastest growing import markets in Navigation Equipment for Philippines between 2021 and 2022 were Japan ($15.2M), Israel ($3.71M), and China ($2.8M).

COMPANIES In 2020, leading companies such as ELECTROLUX HOME PRODUCTS, INC. (28) were at the forefront of shipping Navigation Equipment from Philippines to the United States.

Latest Trends

August 2021

About

Overview In August 2021 Philippines' Navigation Equipment exports accounted up to $20.6M and imports accounted up to $3.43M, resulting in a positive trade balance of $17.1M. Between August 2020 and August 2021 the exports of Philippines' Navigation Equipment have decreased by $-15.6M (-43.1%) from $36.1M to $20.6M, while imports increased by $334k (10.8%) from $3.1M to $3.43M.

Destinations In August 2021, Navigation Equipment were exported mostly to Japan ($15.7M), Thailand ($1.53M), United States ($1.51M), China ($1.33M), and Germany ($340k), and were imported mostly from South Korea ($1.71M), Hong Kong ($394k), Japan ($390k), Singapore ($342k), and United States ($213k).

Growth In August 2021, the decrease in Navigation Equipment's year-by-year exports was explained primarily by a decrease in exports to China ($-1.48M or -48.9%), South Korea ($-860k or -64.5%), and Germany ($-221k or -12.2%). In August 2021, the increase in Navigation Equipment's year-by-year imports was explained primarily by an increase in imports from United States ($587k or 498%), Hong Kong ($208k or 53.8%), and Malaysia ($36.7k or 67.3%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2020 - August 2021)$-15.6M(-43.1%)

IMPORT GROWTH (August 2020 - August 2021)$334k(10.8%)

MAIN DESTINATION (August 2021)Japan$15.7M

This section shows Navigation Equipment'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 Navigation Equipment over time.

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