Rubber Sheets in Philippines | The Observatory of Economic Complexity

About

Exports In 2022, Philippines exported $18.7M in Rubber Sheets, making it the 34th largest exporter of Rubber Sheets in the world. At the same year, Rubber Sheets was the 269th most exported product in Philippines. The main destination of Rubber Sheets exports from Philippines are: Japan ($17.5M), Hong Kong ($382k), Mexico ($290k), Indonesia ($197k), and China ($101k).

The fastest growing export markets for Rubber Sheets of Philippines between 2021 and 2022 were Hong Kong ($323k), Thailand ($40.3k), and Afghanistan ($17.4k).

Imports In 2022, Philippines imported $18.7M in Rubber Sheets, becoming the 47th largest importer of Rubber Sheets in the world. At the same year, Rubber Sheets was the 591st most imported product in Philippines. Philippines imports Rubber Sheets primarily from: China ($9.12M), Japan ($3.49M), Malaysia ($1.39M), Singapore ($804k), and Thailand ($610k).

The fastest growing import markets in Rubber Sheets for Philippines between 2021 and 2022 were China ($2.86M), Singapore ($333k), and Germany ($302k).

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

Latest Trends

August 2021

About

Overview In August 2021 Philippines' Rubber Sheets exports accounted up to $2.05M and imports accounted up to $1.75M, resulting in a positive trade balance of $301k. Between August 2020 and August 2021 the exports of Philippines' Rubber Sheets have decreased by $-147k (-6.7%) from $2.2M to $2.05M, while imports increased by $989k (130%) from $761k to $1.75M.

Destinations In August 2021, Rubber Sheets were exported mostly to Japan ($1.74M), China ($207k), Mexico ($49.5k), Turkey ($18k), and Vietnam ($13.1k), and were imported mostly from China ($886k), Japan ($375k), South Korea ($86.4k), Singapore ($84.2k), and Malaysia ($71.2k).

Growth In August 2021, the decrease in Rubber Sheets's year-by-year exports was explained primarily by a decrease in exports to India ($-9.02k or -81.5%) and Chinese Taipei ($-489 or -51.4%). In August 2021, the increase in Rubber Sheets's year-by-year imports was explained primarily by an increase in imports from United States ($52k or 821%), South Korea ($43.5k or 134%), and Vietnam ($33.4k or 1.18k%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2020 - August 2021)$-147k(-6.7%)

IMPORT GROWTH (August 2020 - August 2021)$989k(130%)

MAIN DESTINATION (August 2021)Japan$1.74M

This section shows Rubber Sheets'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 Rubber Sheets over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$18.7M

IMPORTS (2022)$18.7M

NET TRADE (2022)-$15.4k

In 2022, Philippines exported $18.7M in Rubber Sheets. The main destinations of Philippines exports on Rubber Sheets were Japan ($17.5M), Hong Kong ($382k), Mexico ($290k), Indonesia ($197k), and China ($101k).

In 2022, Philippines imported $18.7M in Rubber Sheets, mainly from China ($9.12M), Japan ($3.49M), Malaysia ($1.39M), Singapore ($804k), and Thailand ($610k).

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