Key Market Indicators
The Philippines' tin exports have plummeted by 28.4% in 2021 compared to 2020, reaching $4.8 million. This marks a 21.9% decrease since 2001. Saudi Arabia has overtaken the Philippines to become the 33rd largest exporter. Malaysia, Peru and Singapore ranked second, third and fourth respectively. Filipina tin imports are estimated to reach $63.9 million by 2026, up 3.9% year-on-year from 2021's $50.6 million. This 11.9% increase since 2001 is encouraging.
