Scrap Copper in Philippines | The Observatory of Economic Complexity

About

Exports In 2022, Philippines exported $442M in Scrap Copper, making it the 18th largest exporter of Scrap Copper in the world. At the same year, Scrap Copper was the 34th most exported product in Philippines. The main destination of Scrap Copper exports from Philippines are: South Korea ($132M), Japan ($131M), China ($114M), Chinese Taipei ($48.1M), and Hong Kong ($7.12M).

The fastest growing export markets for Scrap Copper of Philippines between 2021 and 2022 were China ($44.1M), Chinese Taipei ($31.8M), and Japan ($19M).

Imports In 2022, Philippines imported $35.1M in Scrap Copper, becoming the 43rd largest importer of Scrap Copper in the world. At the same year, Scrap Copper was the 458th most imported product in Philippines. Philippines imports Scrap Copper primarily from: Chinese Taipei ($10.5M), United States ($9.26M), Japan ($6.35M), Bangladesh ($1.27M), and Canada ($1.16M).

The fastest growing import markets in Scrap Copper for Philippines between 2021 and 2022 were United States ($3.9M), Canada ($1.14M), and Colombia ($487k).

Latest Trends

August 2021

About

Overview In August 2021 Philippines' Scrap Copper exports accounted up to $10.8M and imports accounted up to $926k, resulting in a positive trade balance of $9.91M. Between August 2020 and August 2021 the exports of Philippines' Scrap Copper have increased by $7.67M (243%) from $3.16M to $10.8M, while imports decreased by $-620k (-40.1%) from $1.55M to $926k.

Destinations In August 2021, Scrap Copper were exported mostly to China ($5.68M), Japan ($2.67M), Chinese Taipei ($1.62M), South Korea ($520k), and Malaysia ($247k), and were imported mostly from United States ($276k), Bangladesh ($183k), Japan ($175k), Malaysia ($175k), and South Korea ($109k).

Growth In August 2021, the increase in Scrap Copper's year-by-year exports was explained primarily by an increase in exports to Japan ($4.03M or 436%), South Korea ($390k or 93.4%), and Chinese Taipei ($307k or 241%). In August 2021, the decrease in Scrap Copper's year-by-year imports was explained primarily by a decrease in imports from Thailand ($-18k or -6.26%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2020 - August 2021)$7.67M(243%)

IMPORT GROWTH (July 2020 - August 2021)$-620k(-40.1%)

MAIN DESTINATION (August 2021)China$5.68M

This section shows Scrap Copper'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 Scrap Copper over time.

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