Philippines | Imports and Exports | World | Delivery Trucks | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 8704 "Motor vehicles for the transport of goods" from Philippines totalled $ 1.7 million in 2023. Sales of commodity group 8704 from Philippines decreased by 62% in value terms compared to 2022. exports of commodity group 8704 "Motor vehicles for the transport of goods" decreased by $ 2.88 million (cumulative exports of commodity group 8704 from Philippines amounted $4.58 million in 2022)
Exports of commodity group 8704 "Motor vehicles for the transport of goods" amounted to 0.002% of total exports from Philippines (cumulative merchandise exports from Philippines totalled $ 72 billion in 2023). The share of commodity group 8704 in total exports from Philippines decreased by 0.003 p.p. compared to 2022 (it was 0.005% in 2022 and cumulative exports from Philippines were equal to $ 78 billion).
Exports of commodity group 8704 amounted to 0.18% of total sales of group "" from Philippines in 2023 (the value of exports of commodity group from Philippines amounted to $942 million in 2023). The share of exports of commodity group 8704 in sales of commodity group from Philippines lowered by 0.299 p.p. compared to 2022 (it was 0.48% in 2022, and exports of commodity group from Philippines were $953 million).
Where does Philippines export Motor vehicles for the transport of goods?
Top export destinations of "Motor vehicles for the transport of goods" from Philippines in 2023:
- United Arab Emirates with a share of 39% (670 thousand US$)
- Turkey with a share of 21% (363 thousand US$)
- Japan with a share of 14.9% (254 thousand US$)
- Australia with a share of 13.1% (223 thousand US$)
- Singapore with a share of 7.63% (130 thousand US$)
- Vietnam with a share of 2.01% (34 thousand US$)
- Federated States of Micronesia with a share of 1.21% (20 thousand US$)
- Indonesia - 7.03 thousand US$
Exports structure of 8704 - Motor vehicles for the transport of goods - from Philippines in 2023 represented by the following main commodity groups:
- 61% (1.04 million US$): 870410 - Dumpers designed for off-highway use
- 34% (587 thousand US$): 870423 - Motor vehicles for the tpt. of gds. (excl. of 8704.10), with C-I int. comb. piston engine (diesel/semi-diesel), g.v.w. >20tonnes
- 2.43% (41 thousand US$): 870421 - Motor vehicles for the tpt. of gds. (excl. of 8704.10), with C-I int. comb. piston engine (diesel/semi-diesel), g.v.w. not >5tonnes
- 2.01% (34 thousand US$): 870490 - Motor vehicles for the transport of goods, n.e.s. in 87.04
The value of imports of commodity group 8704 "Motor vehicles for the transport of goods" to Philippines totalled $ 2.2 billion in 2023. Sales of commodity group 8704 to Philippines went up by 15.7% compared to 2022: imports of commodity group 8704 "Motor vehicles for the transport of goods" went up by $ 299 million (the value of imports of commodity group 8704 to Philippines was equal to $1.9 billion in 2022)
Imports of commodity group 8704 "Motor vehicles for the transport of goods" accounted for 1.64% of total import flow to Philippines (in 2023, total imports to Philippines amounted to $ 133 billion). The share of commodity group 8704 in total imports to Philippines increased by 0.342 p.p. compared to 2022 (it was 1.3% in 2022 and cumulative imports to Philippines were equal to $ 145 billion).
Imports of commodity group 8704 reached 21% of total imports of group "" to Philippines in 2023 (imports of commodity group to Philippines totalled $10.1 billion in 2023). The share of purchases of commodity group 8704 in imports of commodity group to Philippines went down by 0.007 p.p. compared to 2022 (it was 21% in 2022, and imports of commodity group to Philippines accounted for $8.78 billion).
Where does Philippines import Motor vehicles for the transport of goods from?
Top trading partners (import of "Motor vehicles for the transport of goods") of Philippines in 2023:
- Thailand with a share of 64% (1.41 billion US$)
- Japan with a share of 13.5% (299 million US$)
- China with a share of 11.3% (250 million US$)
- Indonesia with a share of 7.02% (154 million US$)
- Korea with a share of 1.39% (30 million US$)
- Singapore - 11.3 million US$
- Poland - 9.5 million US$
- USA - 6.63 million US$
- United Kingdom - 5.85 million US$
- Netherlands - 5.27 million US$
Imports structure of 8704 - Motor vehicles for the transport of goods - to Philippines in 2023 represented by the following main commodity groups:
- 74% (1.63 billion US$): 870421 - Motor vehicles for the tpt. of gds. (excl. of 8704.10), with C-I int. comb. piston engine (diesel/semi-diesel), g.v.w. not >5tonnes
- 8.01% (176 million US$): 870423 - Motor vehicles for the tpt. of gds. (excl. of 8704.10), with C-I int. comb. piston engine (diesel/semi-diesel), g.v.w. >20tonnes
- 7.94% (175 million US$): 870422 - Motor vehicles for the tpt. of gds. (excl. of 8704.10), with C-I int. comb. piston engine (diesel/semi-diesel), g.v.w. >5tonnes but not >20tonnes
- 4.35% (96 million US$): 870490 - Motor vehicles for the transport of goods, n.e.s. in 87.04
- 3.55% (78 million US$): 870410 - Dumpers designed for off-highway use
- 1.83% (40 million US$): 870431 - Motor vehicles for the tpt. of gds. (excl. of 8704.1), with spark-ignition int. comb. piston engine, g.v.w. not >5tonnes
- 0.063% (1.39 million US$): 870432 - Motor vehicles for the tpt. of gds. (excl. of 8704.1), with spark-ignition int. comb. piston engine, g.v.w. >5tonnes
