Unsaturated Acyclic Monocarboxylic Acids in Philippines | The Observatory of Economic Complexity

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Exports In 2022, Philippines exported $2.06M in Unsaturated Acyclic Monocarboxylic Acids, making it the 49th largest exporter of Unsaturated Acyclic Monocarboxylic Acids in the world. At the same year, Unsaturated Acyclic Monocarboxylic Acids was the 525th most exported product in Philippines. The main destination of Unsaturated Acyclic Monocarboxylic Acids exports from Philippines are: China ($1.97M), United States ($88.2k), Vietnam ($1.4k), Thailand ($989), and India ($243).

The fastest growing export markets for Unsaturated Acyclic Monocarboxylic Acids of Philippines between 2021 and 2022 were United States ($88.2k), China ($19k), and Vietnam ($1.4k).

Imports In 2022, Philippines imported $76.2M in Unsaturated Acyclic Monocarboxylic Acids, becoming the 32nd largest importer of Unsaturated Acyclic Monocarboxylic Acids in the world. At the same year, Unsaturated Acyclic Monocarboxylic Acids was the 320th most imported product in Philippines. Philippines imports Unsaturated Acyclic Monocarboxylic Acids primarily from: China ($19.8M), Chinese Taipei ($16.2M), Singapore ($13.3M), Japan ($8.53M), and United States ($5.61M).

The fastest growing import markets in Unsaturated Acyclic Monocarboxylic Acids for Philippines between 2021 and 2022 were Thailand ($1.22M), Netherlands ($568k), and Malaysia ($364k).

Latest Trends

June 2024

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Overview In June 2024 Philippines' Unsaturated Acyclic Monocarboxylic Acids exports accounted up to $163k and imports accounted up to $5.55M, resulting in a negative trade balance of $5.38M. Between June 2023 and June 2024 the exports of Philippines' Unsaturated Acyclic Monocarboxylic Acids have decreased by $-196k (-54.7%) from $359k to $163k, while imports decreased by $-19.2k (-0.34%) from $5.56M to $5.55M.

Destinations In June 2024, Unsaturated Acyclic Monocarboxylic Acids were exported mostly to China ($163k), and were imported mostly from Japan ($4.94M), Chinese Taipei ($272k), Singapore ($146k), Netherlands ($145k), and United States ($20.1k).

Growth In June 2024, the decrease in Unsaturated Acyclic Monocarboxylic Acids's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the decrease in Unsaturated Acyclic Monocarboxylic Acids's year-by-year imports was explained primarily by a decrease in imports from Singapore ($-2.84M or -97.6%), Italy ($-99.3k or -90.2%), and Thailand ($-16.4k or -34.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)$-196k(-54.7%)

IMPORT GROWTH (June 2023 - June 2024)$-19.2k(-0.34%)

MAIN DESTINATION (June 2024)China$163k

This section shows Unsaturated Acyclic Monocarboxylic Acids'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 Unsaturated Acyclic Monocarboxylic Acids over time.

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