The value of exports of commodity group 8501 "Electric motors and generators (excluding generating sets)." from Philippines totalled $ 314 million in 2023. Sales of commodity group 8501 from Philippines decreased by 18.7% in value terms compared to 2022. exports of commodity group 8501 "Electric motors and generators (excluding generating sets)." decreased by $ 72 million (cumulative exports of commodity group 8501 from Philippines amounted $386 million in 2022)
Exports of commodity group 8501 "Electric motors and generators (excluding generating sets)." amounted to 0.43% of total exports from Philippines (cumulative merchandise exports from Philippines totalled $ 72 billion in 2023). The share of commodity group 8501 in total exports from Philippines decreased by 0.058 p.p. compared to 2022 (it was 0.489% in 2022 and cumulative exports from Philippines were equal to $ 78 billion).
Exports of commodity group 8501 amounted to 0.773% of total sales of group "" from Philippines in 2023 (the value of exports of commodity group from Philippines amounted to $40 billion in 2023). The share of exports of commodity group 8501 in sales of commodity group from Philippines lowered by 0.113 p.p. compared to 2022 (it was 0.887% in 2022, and exports of commodity group from Philippines were $43 billion).
Where does Philippines export Electric motors and generators (excluding generating sets).?
Top export destinations of "Electric motors and generators (excluding generating sets)." from Philippines in 2023:
- Japan with a share of 31% (99 million US$)
- Malaysia with a share of 12.9% (40 million US$)
- China with a share of 12.5% (39 million US$)
- USA with a share of 11.6% (36 million US$)
- Mexico with a share of 6.78% (21 million US$)
- Vietnam with a share of 4.82% (15.1 million US$)
- Germany with a share of 4.1% (12.8 million US$)
- India with a share of 3.73% (11.7 million US$)
- Korea with a share of 2.09% (6.58 million US$)
- Italy with a share of 1.86% (5.87 million US$)
Exports structure of 8501 - Electric motors and generators (excluding generating sets). - from Philippines in 2023 represented by the following main commodity groups:
- 49% (155 million US$): 850110 - Electric motors of an output not >37.5W
- 24% (76 million US$): 850131 - DC motors (excl. universal AC/DC motors); DC generators (excl. generating sets), of an output not >750W
- 12.2% (38 million US$): 850153 - AC motors (excl. of 8501.10 & 8501.20), multi-phase, of an output >75kW
- 7.02% (22 million US$): 850140 - AC motors (excl. of 8501.10 & 8501.20), single-phase
- 4.2% (13.1 million US$): 850120 - Universal AC/DC motors of an output >37.5 W
- 1.66% (5.24 million US$): 850152 - AC motors (excl. of 8501.10 & 8501.20), multi-phase, of an output >750W but not >75kW
- 0.529% (1.66 million US$): 850151 - AC motors (excl. of 8501.10 & 8501.20), multi-phase, of an output not >750W
- 0.078% (247 thousand US$): 850132 - DC motors (excl. universal AC/DC motors); DC generators (excl. generating sets), of an output >750W but not >75 kW
- 0.06% (191 thousand US$): 850163 - Electric generators (alternators), of an output >375kVA but not >750kVA
- 0.021% (68 thousand US$): 850164 - Electric generators (alternators), of an output >750kVA
The value of imports of commodity group 8501 "Electric motors and generators (excluding generating sets)." to Philippines totalled $ 282 million in 2023. Sales of commodity group 8501 to Philippines went up by 16.2% compared to 2022: imports of commodity group 8501 "Electric motors and generators (excluding generating sets)." went up by $ 39 million (the value of imports of commodity group 8501 to Philippines was equal to $243 million in 2022)
Imports of commodity group 8501 "Electric motors and generators (excluding generating sets)." accounted for 0.211% of total import flow to Philippines (in 2023, total imports to Philippines amounted to $ 133 billion). The share of commodity group 8501 in total imports to Philippines increased by 0.044 p.p. compared to 2022 (it was 0.166% in 2022 and cumulative imports to Philippines were equal to $ 145 billion).
Imports of commodity group 8501 reached 1.04% of total imports of group "" to Philippines in 2023 (imports of commodity group to Philippines totalled $27 billion in 2023). The share of purchases of commodity group 8501 in total imports of commodity group to Philippines increased by 0.294 p.p. compared to 2022 (it was 0.747% in 2022, and imports of commodity group to Philippines accounted for $32 billion).
Where does Philippines import Electric motors and generators (excluding generating sets). from?
Top trading partners (import of "Electric motors and generators (excluding generating sets).") of Philippines in 2023:
- China with a share of 31% (90 million US$)
- Thailand with a share of 18.3% (51 million US$)
- USA with a share of 9.78% (27 million US$)
- Japan with a share of 5.85% (16.5 million US$)
- Singapore with a share of 5.49% (15.5 million US$)
- Germany with a share of 4.6% (13 million US$)
- Vietnam with a share of 4.04% (11.4 million US$)
- Cambodia with a share of 2.72% (7.71 million US$)
- Spain with a share of 2.55% (7.21 million US$)
- Hong Kong with a share of 2.46% (6.97 million US$)
Imports structure of 8501 - Electric motors and generators (excluding generating sets). - to Philippines in 2023 represented by the following main commodity groups:
- 43% (122 million US$): 850110 - Electric motors of an output not >37.5W
- 17.9% (50 million US$): 850164 - Electric generators (alternators), of an output >750kVA
- 9.97% (28 million US$): 850152 - AC motors (excl. of 8501.10 & 8501.20), multi-phase, of an output >750W but not >75kW
- 8.53% (24 million US$): 850140 - AC motors (excl. of 8501.10 & 8501.20), single-phase
- 8.03% (22 million US$): 850131 - DC motors (excl. universal AC/DC motors); DC generators (excl. generating sets), of an output not >750W
- 3.48% (9.86 million US$): 850120 - Universal AC/DC motors of an output >37.5 W
- 3.11% (8.81 million US$): 850153 - AC motors (excl. of 8501.10 & 8501.20), multi-phase, of an output >75kW
- 2.37% (6.7 million US$): 850132 - DC motors (excl. universal AC/DC motors); DC generators (excl. generating sets), of an output >750W but not >75 kW
- 2.19% (6.2 million US$): 850151 - AC motors (excl. of 8501.10 & 8501.20), multi-phase, of an output not >750W
- 0.536% (1.51 million US$): 850161 - AC generators (alternators), of an output not >75kVA