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2022
Exports $1.52MWorld Rnk 70 / 154
Flag Rnk 565 / 1127
2022
Destination $162k Mexico
2021 - 2022
FASTEST GROWING MARKET $162kRussia
2022
PRODUCT COMPLEXITY IN Other Coloring Matter0.41Rnk 401 / 1025
2022
Imports $156MWorld Rnk 29 / 211
Flag Rnk 186 / 1201
2022
Origin $3.48M China
2021 - 2022
FASTEST GROWING ORIGIN $3.48MChinese Taipei
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $1.52M in Other Coloring Matter, making it the 70th largest exporter of Other Coloring Matter in the world. At the same year, Other Coloring Matter was the 565th most exported product in Philippines. The main destination of Other Coloring Matter exports from Philippines are: Mexico ($372k), Vietnam ($282k), Russia ($248k), Japan ($188k), and Thailand ($132k).

The fastest growing export markets for Other Coloring Matter of Philippines between 2021 and 2022 were Russia ($162k), Malaysia ($48.8k), and India ($21.1k).

Imports In 2022, Philippines imported $156M in Other Coloring Matter, becoming the 29th largest importer of Other Coloring Matter in the world. At the same year, Other Coloring Matter was the 186th most imported product in Philippines. Philippines imports Other Coloring Matter primarily from: China ($50.2M), Australia ($38.8M), United States ($16.7M), Mexico ($16.6M), and Chinese Taipei ($11.2M).

The fastest growing import markets in Other Coloring Matter for Philippines between 2021 and 2022 were Chinese Taipei ($3.48M), Australia ($2.83M), and Mexico ($2.74M).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Other Coloring Matter exports accounted up to $50.6k and imports accounted up to $7.42M, resulting in a negative trade balance of $7.37M. Between April 2023 and June 2024 the exports of Philippines'   Other Coloring Matter have increased by $24.1k (90.5%) from $26.6k to $50.6k, while imports decreased by $-3.44M (-31.7%) from $10.9M to $7.42M.

Destinations In June 2024, Other Coloring Matter were exported mostly to Thailand ($44.7k) and Russia ($5.95k), and were imported mostly from Australia ($3.84M), Japan ($1.12M), Germany ($896k), United States ($713k), and Mexico ($206k).

Growth In June 2024, the increase in Other Coloring Matter's year-by-year exports was explained primarily by an increase in exports to Indonesia ($9.92k or 36.1%). In June 2024, the decrease in Other Coloring Matter's year-by-year imports was explained primarily by a decrease in imports from Chinese Taipei ($-1.51M or -80.3%), Australia ($-1.36M or -63.6%), and United Kingdom ($-926k or -98.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (April 2023 - June 2024)$24.1k(90.5%)
IMPORT GROWTH (June 2023 - June 2024)$-3.44M(-31.7%)
MAIN DESTINATION (June 2024)Thailand$44.7k

This section shows Other Coloring Matter'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 Other Coloring Matter over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.52M
IMPORTS (2022)$156M
NET TRADE (2022)-$155M

In 2022, Philippines exported $1.52M in Other Coloring Matter. The main destinations of Philippines exports on Other Coloring Matter were Mexico ($372k), Vietnam ($282k), Russia ($248k), Japan ($188k), and Thailand ($132k).

In 2022, Philippines imported $156M in Other Coloring Matter, mainly from China ($50.2M), Australia ($38.8M), United States ($16.7M), Mexico ($16.6M), and Chinese Taipei ($11.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Coloring Matter EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Russia$162k (191%)
Malaysia$48.8k (1.12k%)
India$21.1k (427%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Coloring Matter BY Philippines WERE (2021 - 2022):
Indonesia-$484k (-84.3%)
United States-$249k (-81%)
Japan-$213k (-53%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Other Coloring Matter were:
China $4.43B
United States $1.96B
Germany $1.91B
In 2022, Philippines's main importing competitors in Other Coloring Matter were:
United States $1.26B
India $1.13B
Belgium $858M

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Trade Value of Other Coloring Matter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALVietnam+ $187k
TOP IMPORT POTENTIALChina+ $12.7M

Other Coloring Matter’s highest export potential is Vietnam. With an export gap of $187k.   Other Coloring Matter’s highest import potential is China with an import gap of $12.7M.

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