Flavored Water in Philippines | The Observatory of Economic Complexity

About

Exports In 2022, Philippines exported $140M in Flavored Water, making it the 38th largest exporter of Flavored Water in the world. At the same year, Flavored Water was the 87th most exported product in Philippines. The main destination of Flavored Water exports from Philippines are: United States ($110M), United Kingdom ($17M), Malaysia ($2.79M), China ($1.48M), and Australia ($914k).

The fastest growing export markets for Flavored Water of Philippines between 2021 and 2022 were Malaysia ($1.46M), United Kingdom ($974k), and New Zealand ($212k).

Imports In 2022, Philippines imported $144M in Flavored Water, becoming the 46th largest importer of Flavored Water in the world. At the same year, Flavored Water was the 200th most imported product in Philippines. Philippines imports Flavored Water primarily from: Thailand ($44M), Vietnam ($20.5M), United States ($13.6M), China ($13M), and South Korea ($8.8M).

The fastest growing import markets in Flavored Water for Philippines between 2021 and 2022 were Vietnam ($10.3M), Thailand ($9.06M), and Bangladesh ($6.82M).

Latest Trends

December 2022

About

Overview In December 2022 Philippines' Flavored Water exports accounted up to $714k and imports accounted up to $18.4M, resulting in a negative trade balance of $17.7M. Between December 2021 and December 2022 the exports of Philippines' Flavored Water have decreased by $-136k (-16%) from $851k to $714k, while imports increased by $4.29M (30.4%) from $14.1M to $18.4M.

Destinations In December 2022, Flavored Water were exported mostly to Singapore ($193k), Malaysia ($82.8k), China ($79.6k), Canada ($66.2k), and United States ($42k), and were imported mostly from Thailand ($9.18M), Bangladesh ($2.23M), Vietnam ($2.18M), United States ($979k), and China ($656k).

Growth In December 2022, the decrease in Flavored Water's year-by-year exports was explained primarily by a decrease in exports to Canada ($-50.2k or -70.1%), Northern Mariana Islands ($-49.9k or -71.7%), and Japan ($-23.1k or -76%). In December 2022, the increase in Flavored Water's year-by-year imports was explained primarily by an increase in imports from Thailand ($1.22M or 20.8%), Indonesia ($576k or 1.53k%), and Vietnam ($405k or 62.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2021 - December 2022)$-136k(-16%)

IMPORT GROWTH (December 2021 - December 2022)$4.29M(30.4%)

MAIN DESTINATION (December 2022)Singapore$193k

This section shows Flavored Water'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 Flavored Water over time.

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