Time Recording Instruments in Philippines | The Observatory of Economic Complexity

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Exports In 2022, Philippines exported $197k in Time Recording Instruments, making it the 48th largest exporter of Time Recording Instruments in the world. At the same year, Time Recording Instruments was the 772nd most exported product in Philippines. The main destination of Time Recording Instruments exports from Philippines are: China ($92k), United States ($90.2k), Canada ($3.24k), New Zealand ($2.9k), and Finland ($2.69k).

The fastest growing export markets for Time Recording Instruments of Philippines between 2021 and 2022 were United States ($67.1k), China ($30.9k), and New Zealand ($2.85k).

Imports In 2022, Philippines imported $2.75M in Time Recording Instruments, becoming the 27th largest importer of Time Recording Instruments in the world. At the same year, Time Recording Instruments was the 908th most imported product in Philippines. Philippines imports Time Recording Instruments primarily from: China ($2.01M), Chinese Taipei ($316k), United States ($136k), Japan ($93.2k), and Singapore ($88.9k).

The fastest growing import markets in Time Recording Instruments for Philippines between 2021 and 2022 were China ($262k), Chinese Taipei ($119k), and United States ($73.8k).

Latest Trends

August 2021

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Overview In August 2021 Philippines' Time Recording Instruments exports accounted up to $62 and imports accounted up to $83.8k, resulting in a negative trade balance of $83.7k. Between July 2019 and August 2021 the exports of Philippines' Time Recording Instruments have decreased by $-65.5k (-99.9%) from $65.5k to $62, while imports increased by $28k (50.3%) from $55.8k to $83.8k.

Destinations In August 2021, Time Recording Instruments were exported mostly to Singapore ($62), and were imported mostly from United States ($58.3k), China ($17k), Hong Kong ($3.77k), Japan ($2.53k), and Singapore ($706).

Growth In August 2021, the decrease in Time Recording Instruments's year-by-year exports was explained primarily by a decrease in exports to . In August 2021, the increase in Time Recording Instruments's year-by-year imports was explained primarily by an increase in imports from Chinese Taipei ($9.86k or 27.1%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (July 2019 - August 2021)$-65.5k(-99.9%)

IMPORT GROWTH (August 2020 - August 2021)$28k(50.3%)

MAIN DESTINATION (August 2021)Singapore$62

This section shows Time Recording Instruments'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 Time Recording Instruments over time.

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