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Pricing

2022
Exports $1.19MWorld Rnk 80 / 164
Flag Rnk 582 / 1127
2022
Destination $169k China
2021 - 2022
FASTEST GROWING MARKET $169kHong Kong
2022
PRODUCT COMPLEXITY IN Acrylic Polymers1.24Rnk 101 / 1025
2022
Imports $150MWorld Rnk 32 / 213
Flag Rnk 192 / 1201
2022
Origin $10.3M China
2021 - 2022
FASTEST GROWING ORIGIN $10.3MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $1.19M in Acrylic Polymers, making it the 80th largest exporter of Acrylic Polymers in the world. At the same year, Acrylic Polymers was the 582nd most exported product in Philippines. The main destination of Acrylic Polymers exports from Philippines are: China ($534k), Hong Kong ($170k), United States ($149k), Chinese Taipei ($110k), and Malaysia ($105k).

The fastest growing export markets for Acrylic Polymers of Philippines between 2021 and 2022 were Hong Kong ($169k), United States ($105k), and Malaysia ($82.5k).

Imports In 2022, Philippines imported $150M in Acrylic Polymers, becoming the 32nd largest importer of Acrylic Polymers in the world. At the same year, Acrylic Polymers was the 192nd most imported product in Philippines. Philippines imports Acrylic Polymers primarily from: China ($44.8M), Japan ($30.2M), Malaysia ($25M), South Korea ($13.8M), and Indonesia ($10.4M).

The fastest growing import markets in Acrylic Polymers for Philippines between 2021 and 2022 were China ($10.3M), Japan ($6.62M), and Malaysia ($4.1M).

Latest Trends

August 2024

About

Overview In August 2024 Philippines' Acrylic Polymers exports accounted up to $8.99k and imports accounted up to $10.6M, resulting in a negative trade balance of $10.6M. Between June 2023 and August 2024 the exports of Philippines'   Acrylic Polymers have decreased by $-25.1k (-73.6%) from $34.1k to $8.99k, while imports increased by $1.39M (15%) from $9.23M to $10.6M.

Destinations In August 2024, Acrylic Polymers were exported mostly to Australia ($5.76k) and Thailand ($3.23k), and were imported mostly from China ($2.44M), South Korea ($1.62M), Japan ($1.4M), Chinese Taipei ($1.11M), and Thailand ($902k).

Growth In August 2024, the decrease in Acrylic Polymers's year-by-year exports was explained primarily by a decrease in exports to . In August 2024, the increase in Acrylic Polymers's year-by-year imports was explained primarily by an increase in imports from South Korea ($764k or 61.1%), Singapore ($183k or 365%), and Belgium ($99.6k or 3.02k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - August 2024)$-25.1k(-73.6%)
IMPORT GROWTH (August 2023 - August 2024)$1.39M(15%)
MAIN DESTINATION (August 2024)Australia$5.76k

This section shows Acrylic 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 Acrylic Polymers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.19M
IMPORTS (2022)$150M
NET TRADE (2022)-$149M

In 2022, Philippines exported $1.19M in Acrylic Polymers. The main destinations of Philippines exports on Acrylic Polymers were China ($534k), Hong Kong ($170k), United States ($149k), Chinese Taipei ($110k), and Malaysia ($105k).

In 2022, Philippines imported $150M in Acrylic Polymers, mainly from China ($44.8M), Japan ($30.2M), Malaysia ($25M), South Korea ($13.8M), and Indonesia ($10.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Acrylic Polymers EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Hong Kong$169k (113k%)
United States$105k (240%)
Malaysia$82.5k (359%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Acrylic Polymers BY Philippines WERE (2021 - 2022):
China-$1.1M (-67.4%)
Australia-$89.1k (-80.8%)
Vietnam-$6.04k (-81.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Acrylic Polymers were:
Germany $2.92B
South Korea $2.11B
China $2.07B
In 2022, Philippines's main importing competitors in Acrylic Polymers were:
China $2.3B
United States $1.43B
Germany $1.39B

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Trade Value of Acrylic Polymers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $761k
TOP IMPORT POTENTIALChina+ $7.53M

Acrylic Polymers’s highest export potential is China. With an export gap of $761k.   Acrylic Polymers’s highest import potential is China with an import gap of $7.53M.

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