2022
Exports
$525kWorld Rnk 40 / 130
Flag Rnk 660 / 1127
2022
PRODUCT COMPLEXITY IN Agglomerated Cork
-0.17Rnk 605 / 1025
2022
Imports
$1.02MWorld Rnk 63 / 200
Flag Rnk 998 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $525k in Agglomerated Cork, making it the 40th largest exporter of Agglomerated Cork in the world. At the same year, Agglomerated Cork was the 660th most exported product in Philippines. The main destination of Agglomerated Cork exports from Philippines are: United States ($308k), China ($134k), United Kingdom ($26.4k), Japan ($23.3k), and Netherlands ($22.3k).

The fastest growing export markets for Agglomerated Cork of Philippines between 2021 and 2022 were United States ($308k), United Kingdom ($26.4k), and Netherlands ($22.3k).

Imports In 2018, Philippines imported $1.02M in Agglomerated Cork, becoming the 63rd largest importer of Agglomerated Cork in the world. At the same year, Agglomerated Cork was the 998th most imported product in Philippines. Philippines imports Agglomerated Cork primarily from: Portugal ($553k), China ($339k), India ($36.7k), United States ($33.4k), and Japan ($19.6k).

The fastest growing import markets in Agglomerated Cork for Philippines between 2021 and 2022 were Portugal ($81.1k), China ($57.3k), and United States ($33.3k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Agglomerated Cork. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$525k
IMPORTS (2022)$1.02M
NET TRADE (2022)-$495k

In 2022, Philippines exported $525k in Agglomerated Cork. The main destinations of Philippines exports on Agglomerated Cork were United States ($308k), China ($134k), United Kingdom ($26.4k), Japan ($23.3k), and Netherlands ($22.3k).

In 2022, Philippines imported $1.02M in Agglomerated Cork, mainly from Portugal ($553k), China ($339k), India ($36.7k), United States ($33.4k), and Japan ($19.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Agglomerated Cork EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United States$308k (1%)
United Kingdom$26.4k (1%)
Netherlands$22.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Agglomerated Cork BY Philippines WERE (2021 - 2022):
China-$7.33k (-5.19%)
New Zealand-$272 (-91.9%)
Finland-$270 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Agglomerated Cork were:
In 2022, Philippines's main importing competitors in Agglomerated Cork were:

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Trade Value of Agglomerated Cork by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $113k
TOP IMPORT POTENTIALChina+ $107k

Agglomerated Cork’s highest export potential is United States. With an export gap of $113k.   Agglomerated Cork’s highest import potential is China with an import gap of $107k.

See methodology.

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