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2022
Exports $42.7MWorld Rnk 41 / 144
Flag Rnk 183 / 1127
2022
Destination $2.06M Vietnam
2021 - 2022
FASTEST GROWING MARKET $2.06MIndonesia
2022
PRODUCT COMPLEXITY IN Vinyl Chloride Polymers0.51Rnk 359 / 1025
2022
Imports $91.3MWorld Rnk 55 / 201
Flag Rnk 290 / 1201
2022
Origin $15M China
2021 - 2022
FASTEST GROWING ORIGIN $15MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $42.7M in Vinyl Chloride Polymers, making it the 41st largest exporter of Vinyl Chloride Polymers in the world. At the same year, Vinyl Chloride Polymers was the 183rd most exported product in Philippines. The main destination of Vinyl Chloride Polymers exports from Philippines are: Vietnam ($30.6M), China ($3.8M), Malaysia ($2.48M), Indonesia ($2.17M), and India ($1.29M).

The fastest growing export markets for Vinyl Chloride Polymers of Philippines between 2021 and 2022 were Indonesia ($2.06M), China ($895k), and United States ($141k).

Imports In 2022, Philippines imported $91.3M in Vinyl Chloride Polymers, becoming the 55th largest importer of Vinyl Chloride Polymers in the world. At the same year, Vinyl Chloride Polymers was the 290th most imported product in Philippines. Philippines imports Vinyl Chloride Polymers primarily from: China ($44.9M), Thailand ($12.2M), Japan ($7.22M), Singapore ($4.64M), and Chinese Taipei ($4.5M).

The fastest growing import markets in Vinyl Chloride Polymers for Philippines between 2021 and 2022 were China ($15M), Germany ($587k), and Singapore ($496k).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Vinyl Chloride Polymers exports accounted up to $4.39M and imports accounted up to $2.68M, resulting in a positive trade balance of $1.72M. Between June 2023 and June 2024 the exports of Philippines'   Vinyl Chloride Polymers have increased by $4.01M (1.06k%) from $377k to $4.39M, while imports decreased by $-1.8M (-40.2%) from $4.47M to $2.68M.

Destinations In June 2024, Vinyl Chloride Polymers were exported mostly to Vietnam ($2.07M), Indonesia ($1.12M), India ($692k), Malaysia ($244k), and China ($200k), and were imported mostly from Thailand ($710k), Japan ($575k), Singapore ($478k), Germany ($267k), and South Korea ($171k).

Growth In June 2024, the increase in Vinyl Chloride Polymers's year-by-year exports was explained primarily by an increase in exports to Malaysia ($272k or 533%) and China ($36.2k or 16.2%). In June 2024, the decrease in Vinyl Chloride Polymers's year-by-year imports was explained primarily by a decrease in imports from Thailand ($-840k or -72.5%), Japan ($-575k or -63.9%), and Vietnam ($-29.7k or -10.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$4.01M(1.06k%)
IMPORT GROWTH (June 2023 - June 2024)$-1.8M(-40.2%)
MAIN DESTINATION (June 2024)Vietnam$2.07M

This section shows Vinyl Chloride Polymers'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 Vinyl Chloride Polymers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$42.7M
IMPORTS (2022)$91.3M
NET TRADE (2022)-$48.6M

In 2022, Philippines exported $42.7M in Vinyl Chloride Polymers. The main destinations of Philippines exports on Vinyl Chloride Polymers were Vietnam ($30.6M), China ($3.8M), Malaysia ($2.48M), Indonesia ($2.17M), and India ($1.29M).

In 2022, Philippines imported $91.3M in Vinyl Chloride Polymers, mainly from China ($44.9M), Thailand ($12.2M), Japan ($7.22M), Singapore ($4.64M), and Chinese Taipei ($4.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vinyl Chloride Polymers EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Indonesia$2.06M (2.02k%)
China$895k (30.8%)
United States$141k (792%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vinyl Chloride Polymers BY Philippines WERE (2021 - 2022):
India-$12.8M (-90.8%)
Malaysia-$3.33M (-57.3%)
Sri Lanka-$2.27M (-95.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Vinyl Chloride Polymers were:
United States $4.82B
China $4.42B
Germany $2.53B
In 2022, Philippines's main importing competitors in Vinyl Chloride Polymers were:
India $3.06B
Germany $1.9B
United States $1.64B

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Trade Value of Vinyl Chloride Polymers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.69M
TOP IMPORT POTENTIALChina+ $10.4M

Vinyl Chloride Polymers’s highest export potential is China. With an export gap of $3.69M.   Vinyl Chloride Polymers’s highest import potential is China with an import gap of $10.4M.

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