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2022
Exports $2.54MWorld Rnk 81 / 146
Flag Rnk 491 / 1127
2022
Destination $639 Vietnam
2021 - 2022
FASTEST GROWING MARKET $639Malaysia
2022
PRODUCT COMPLEXITY IN Bran-1.91Rnk 990 / 1025
2022
Imports $19.1MWorld Rnk 33 / 188
Flag Rnk 584 / 1201
2022
Origin $9.12M Indonesia
2021 - 2022
FASTEST GROWING ORIGIN $9.12MIndonesia
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $2.54M in Bran, making it the 81st largest exporter of Bran in the world. At the same year, Bran was the 491st most exported product in Philippines. The main destination of Bran exports from Philippines are: Vietnam ($2.54M), Malaysia ($2.15k), Singapore ($93), and South Korea ($3).

The fastest growing export markets for Bran of Philippines between 2021 and 2022 were Malaysia ($639), Singapore ($93), and South Korea ($3).

Imports In 2022, Philippines imported $19.1M in Bran, becoming the 33rd largest importer of Bran in the world. At the same year, Bran was the 584th most imported product in Philippines. Philippines imports Bran primarily from: Indonesia ($14.6M), Nigeria ($2.37M), Sri Lanka ($792k), Spain ($452k), and United States ($289k).

The fastest growing import markets in Bran for Philippines between 2021 and 2022 were Indonesia ($9.12M), Sri Lanka ($792k), and Spain ($232k).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Bran exports accounted up to $210k and imports accounted up to $468k, resulting in a negative trade balance of $258k. Between April 2023 and June 2024 the exports of Philippines'   Bran have increased by $105k (100%) from $105k to $210k, while imports decreased by $-454k (-49.2%) from $922k to $468k.

Destinations In June 2024, Bran were exported mostly to Vietnam ($210k), and were imported mostly from Sri Lanka ($206k), Pakistan ($111k), Poland ($96.3k), Spain ($43.3k), and Thailand ($12.1k).

Growth In June 2024, the increase in Bran's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the decrease in Bran's year-by-year imports was explained primarily by a decrease in imports from Indonesia ($-1.79M or -95.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (April 2023 - June 2024)$105k(100%)
IMPORT GROWTH (June 2023 - June 2024)$-454k(-49.2%)
MAIN DESTINATION (June 2024)Vietnam$210k

This section shows Bran'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 Bran over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.54M
IMPORTS (2022)$19.1M
NET TRADE (2022)-$16.6M

In 2022, Philippines exported $2.54M in Bran. The main destinations of Philippines exports on Bran were Vietnam ($2.54M), Malaysia ($2.15k), Singapore ($93), and South Korea ($3).

In 2022, Philippines imported $19.1M in Bran, mainly from Indonesia ($14.6M), Nigeria ($2.37M), Sri Lanka ($792k), Spain ($452k), and United States ($289k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bran EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Malaysia$639 (42.3%)
Singapore$93 (1%)
South Korea$3 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bran BY Philippines WERE (2021 - 2022):
Vietnam-$3.42M (-57.4%)
South Africa-$14.5k (-100%)
Kiribati-$13.7k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Bran were:
Argentina $480M
Russia $305M
Germany $222M
In 2022, Philippines's main importing competitors in Bran were:
China $389M
Turkey $333M
Netherlands $285M

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Trade Value of Bran by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $9.81k
TOP IMPORT POTENTIALUnited States+ $242k

Bran’s highest export potential is Malaysia. With an export gap of $9.81k.   Bran’s highest import potential is United States with an import gap of $242k.

See methodology.

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