The Sturdy Hike in the Optical Instruments Exports of the Philippines in 2024
The optical instruments lead the top global suppliers of the nation with high technology equipped quality and better shelf life. The country being home to many specialized technology zones serves as a hub to the global trade investors looking to import the optical instruments export of the nation in 2024. Companies like Texas Instruments, Canon, and Epson support the overall production of this global acquisition facilitating the annual revenue generation.
Due to the growing global demands and the advancement in technology of the local companies, the country records an annual export trade value of 3.5 billion US dollars in 2024 reflecting a steady annual growth rate of 9% from the previous year. The proactive management of the trading technologies and the set up of valuable price deals in contrast with the global trade rates have been fostering annual valuation countering the GDP value in a significant manner.
Top 10 Optical Instruments Exports of the Philippines in 2024
The significant rise in the export of optical instruments and the technological advancements driven by government initiatives has introduced divergent variants of the acquired necessity in global supplies. As per the Philippines Export Data, the top 10 optical instruments exports of the Philippines in 2024 are,
1. Lenses – Total valuation of the Lenses export of the Philippines in 2024 – 600 million US dollars.
2. Microscopes – Total valuation of the Microscopes export of Philippines in 2024 – 400 million US dollars.
3. Spectrometers – Total valuation of the Spectrometers export of the Philippines in 2024 – 300 million US dollars.
4. Telescopes – Total valuation of the Telescopes export of the Philippines in 2024 – 200 million US dollars.
5. Binoculars – Total valuation of the Binoculars export of the Philippines in 2024 – 120 million US dollars.
6. Cameras – Total valuation of the Cameras export of Philippines in 2024 – 100 million US dollars.
7. Prisms – Total valuation of the Prisms export of the Philippines in 2024 – 80 million US dollars.
8. Optical Filters – Total valuation of the Optical Filters export of the Philippines in 2024 – 72 million US dollars.
9. Rangefinders – Total valuation of the Rangefinders export of Philippines in 2024 – 61 million US dollars.
10. Reflectors – Total valuation of the Reflectors export of Philippines in 2024 – 45 million US dollars.
Top 10 Optical Instruments Export Trade Partners of Philippines in 2024
The recent statistics of the Philippines trade show that the country has expanded its global reach to different real trade destination estates. According to the Philippines Trade Data, the top 10 optical instruments export trade partners of the Philippines in 2024 are,
• United States – According to the USA Import Data, the valuation of the optical instruments exports from the Philippines in 2024 – 700 million US dollars.
• South Korea – According to the South Korea Import Data, the valuation of the optical instruments exports from the Philippines in 2024 – 350 million US dollars.
• Germany – According to the Germany Import Data, the valuation of the optical instruments exports from the Philippines in 2024 – 270 million US dollars.
TOP EXPORT VARIANTS
1. Frames and Mountings for Spectacles 2. Goggles 3. Binoculars 4. Monocular 5. Optical Telescopes
• Australia – According to the Australia Import Data, the valuation of the optical instruments exports from the Philippines in 2024 – 220million US dollars.
• Singapore – According to the Singapore Import Data, the valuation of the optical instruments exports from the Philippines in 2024 – 180 million US dollars.
• United Kingdom – According to the United Kingdom Import Data, the valuation of the optical instruments exports from the Philippines in 2024 – 150 million US dollars.
• Netherlands – According to the Netherlands Import Data, the valuation of the optical instruments exports from the Philippines in 2024 – 50 million US dollars.
Que. What is the total export trade value of optical instruments from the Philippines in 2024? Ans. The total export trade value of optical instruments from the Philippines in 2024 is 3.5 billion US Dollars.
Que. What is the top optical instrument export of the Philippines in 2024? Ans. Lenses are the top optical instrument export of the Philippines in 2024.
Que. Where can you get a detailed trade analysis of the optical instruments export of the Philippines in 2024? Ans. By subscribing to Import Globals, you can get a detailed trade analysis of the optical instruments export of the Philippines in 2024.