2022
Exports | Imports
$11.1k | $2.26BWorld Rnk 105 / 133
Flag Rnk 988 / 1127
World Rnk 9 / 194
Flag Rnk 8 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.63Rnk 38 / 124
2022
PRODUCT COMPLEXITY IN Wheat
-0.36Rnk 660 / 1025

About

Exports In 2022, Philippines exported $11.1k in Wheat, making it the 105th largest exporter of Wheat in the world. At the same year, Wheat was the 988th most exported product in Philippines. The main destination of Wheat exports from Philippines are: Singapore ($11.1k), South Korea ($6), and Maldives ($2).

The fastest growing export markets for Wheat of Philippines between 2021 and 2022 were Singapore ($11.1k), South Korea ($6), and Maldives ($2).

Imports In 2022, Philippines imported $2.26B in Wheat, becoming the 9th largest importer of Wheat in the world. At the same year, Wheat was the 8th most imported product in Philippines. Philippines imports Wheat primarily from: Australia ($1.11B), United States ($950M), Canada ($120M), India ($82.8M), and Ukraine ($368k).

The fastest growing import markets in Wheat for Philippines between 2021 and 2022 were Australia ($568M), Canada ($92.9M), and United States ($58M).

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

Latest Trends

Jan 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Wheat. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$11.1k
IMPORTS (2022)$2.26B
NET TRADE (2022)-$2.26B

In 2022, Philippines exported $11.1k in Wheat. The main destinations of Philippines exports on Wheat were Singapore ($11.1k), South Korea ($6), and Maldives ($2).

In 2022, Philippines imported $2.26B in Wheat, mainly from Australia ($1.11B), United States ($950M), Canada ($120M), India ($82.8M), and Ukraine ($368k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wheat EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Singapore$11.1k (1%)
Maldives$2 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat BY Philippines WERE (2021 - 2022):Iceland-$85 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Wheat were:
In 2022, Philippines's main importing competitors in Wheat were:
Egypt $4.82B
China $4.52B

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Trade Value of Wheat by Exporters

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