Data from China Customs shows that the Philippines imported various types of crane products from China worth US$69.782 million in 2021, an increase of 28.57% from the total import value of US$54.270 million in 2020. Also as an Asian country, the Philippines has close economic and trade relations with China. Among them, the bilateral import and export volume of goods between China and the Philippines in 2021 will be US$82,052.13 million, an increase of US$20,904.7528 million compared with the same period in 2020, a year-on-year increase of 34%. After being affected by the COVID-19 epidemic for a year, the Philippine crane market has gradually begun to shake off the negative impact, showing an upward trend. This data will drive the Philippine economy to a better development in the future.
Philippines's import value of cranes imported from China from January to December 2021/2020
| 2020 | 2021 | |
| 01 | 5824756.00 | 4594420.00 |
| 02 | 2287794.00 | 9993632.00 |
| 03 | 5669243.00 | 2728858.00 |
| 04 | 8804607.00 | 12269895.00 |
| 05 | 2822401.00 | 2641974.00 |
| 06 | 2632672.00 | 6546081.00 |
| 07 | 5526183.00 | 4503363.00 |
| 08 | 6341527.00 | 3478585.00 |
| 09 | 1764248.00 | 4830939.00 |
| 10 | 2765636.00 | 3475944.00 |
| 11 | 5041859.00 | 7299886.00 |
| 12 | 4788981.00 | 7418793.00 |
| Total | 54269907.00 | 69782370.00 |
It can be seen from the data that the Philippines has the largest demand for Rubber-mounted self-propelled cranes, Gantry Crane and Crawler Crane. From the time line, February and April are the peak periods for Philippine imports, and May immediately hit a low point. The import value in the third quarter did not improve much, and the import value increased in the fourth quarter. From the perspective of supply and demand, the types of cranes that Dongqi Crane can provide to customers in the Philippines include: gantry cranes, overhead cranes, jib cranes, electric hoists, electric winches and various crane accessories. Among them, the gantry crane ranks second in the import value of the Philippines, and the import value of the bridge crane ranks fifth.
| Commodity code | Crane Type | Import value |
| Total | 69782370.00 | |
| 84264110 | Rubber-mounted self-propelled crane | 12964659.00 |
| 84261930 | Gantry Crane | 10234959.00 |
| 84264910 | Crawler Crane | 9712766.00 |
| 84262000 | Tower Crane | 8480113.00 |
| 84261120 | Universal Overhead Crane | 5728188.00 |
| 84313100 | Parts of lifts, tipping cranes or escalators | 4987580.00 |
| 84281090 | Other lifts and tipping cranes | 3361067.00 |
| 84261990 | Unlisted bridge cranes and mobile spreaders and straddle carriers | 3011426.00 |
| 84251900 | Non-electric trolleys and hoists | 2833428.00 |
| 84264190 | Other self-propelled hoists with rubber wheels | 2687085.00 |
| 84251100 | Electric Pulleys and Hoists | 2307645.00 |
| 84269100 | Other cranes for installation on road vehicles | 1475428.00 |
| 84269900 | Unlisted Crane | 864283.00 |
| 84261190 | Overhead mobile cranes with other fixed supports | 697234.00 |
| 84263000 | Portal Crane and Pedestal Jib Crane | 436509.00 |
| 84264990 | Other self-propelled hoists without rubber wheels |
| Commodity code | Crane Type | Quantity |
| Total | 1179517 | |
| 84313100 | Parts of lifts, tipping cranes or escalators | 964456 |
| 84251900 | Non-electric trolleys and hoists | 198724 |
| 84251100 | Electric Pulleys and Hoists | 14620 |
| 84281090 | Other lifts and tipping cranes | 816 |
| 84261120 | Universal Overhead Crane | 245 |
| 84269100 | Other cranes for installation on road vehicles | 139 |
| 84261930 | Gantry Crane | 112 |
| 84269900 | Unlisted Crane | 107 |
| 84262000 | Tower Crane | 67 |
| 84264910 | Crawler Crane | 67 |
| 84264110 | Rubber-mounted self-propelled crane | 58 |
| 84261990 | Unlisted bridge cranes and mobile spreaders and straddle carriers | 42 |
| 84263000 | Portal Crane and Pedestal Jib Crane | 31 |
| 84261190 | Overhead mobile cranes with other fixed supports | 24 |
| 84264190 | Other self-propelled hoists with rubber wheels | 9 |
| 84264990 | Other self-propelled hoists without rubber wheels |
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