Fish Fillets in Philippines | The Observatory of Economic Complexity

About

Exports In 2022, Philippines exported $101M in Fish Fillets, making it the 35th largest exporter of Fish Fillets in the world. At the same year, Fish Fillets was the 114th most exported product in Philippines. The main destination of Fish Fillets exports from Philippines are: United States ($43.7M), Japan ($28.5M), Switzerland ($9.59M), Netherlands ($3.85M), and Spain ($2.95M).

The fastest growing export markets for Fish Fillets of Philippines between 2021 and 2022 were United States ($36.6M), Japan ($2.35M), and Switzerland ($1.69M).

Imports In 2022, Philippines imported $188M in Fish Fillets, becoming the 27th largest importer of Fish Fillets in the world. At the same year, Fish Fillets was the 161st most imported product in Philippines. Philippines imports Fish Fillets primarily from: China ($115M), Vietnam ($50.4M), Indonesia ($6.06M), South Korea ($4.58M), and Norway ($3.14M).

The fastest growing import markets in Fish Fillets for Philippines between 2021 and 2022 were China ($24.7M), Vietnam ($19.3M), and Indonesia ($2.72M).

COMPANIES In 2020, leading companies such as were at the forefront of shipping Fish Fillets from Philippines to the United States.

Latest Trends

August 2021

About

Overview In August 2021 Philippines' Fish Fillets exports accounted up to $3.22M and imports accounted up to $4.71M, resulting in a negative trade balance of $1.49M. Between August 2020 and August 2021 the exports of Philippines' Fish Fillets have decreased by $-1.6M (-33.2%) from $4.82M to $3.22M, while imports increased by $467k (11%) from $4.24M to $4.71M.

Destinations In August 2021, Fish Fillets were exported mostly to Japan ($2.16M), United States ($612k), Canada ($125k), Switzerland ($121k), and Italy ($86.2k), and were imported mostly from China ($2.56M), Vietnam ($1.45M), United Kingdom ($237k), Norway ($141k), and Marshall Islands ($87.7k).

Growth In August 2021, the decrease in Fish Fillets's year-by-year exports was explained primarily by a decrease in exports to . In August 2021, the increase in Fish Fillets's year-by-year imports was explained primarily by an increase in imports from China ($878k or 50%), Japan ($236k or 5.04k%), and Thailand ($41.8k or 146%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2020 - August 2021)$-1.6M(-33.2%)

IMPORT GROWTH (August 2020 - August 2021)$467k(11%)

MAIN DESTINATION (August 2021)Japan$2.16M

This section shows Fish Fillets's exports and imports data at subnational level for Philippines. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Fish Fillets over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$101M

IMPORTS (2022)$188M

NET TRADE (2022)-$86.7M

In 2022, Philippines exported $101M in Fish Fillets. The main destinations of Philippines exports on Fish Fillets were United States ($43.7M), Japan ($28.5M), Switzerland ($9.59M), Netherlands ($3.85M), and Spain ($2.95M).

In 2022, Philippines imported $188M in Fish Fillets, mainly from China ($115M), Vietnam ($50.4M), Indonesia ($6.06M), South Korea ($4.58M), and Norway ($3.14M).

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