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2022
Exports $3.99MWorld Rnk 59 / 158
Flag Rnk 433 / 1127
2022
Destination $3.71M Singapore
2021 - 2022
FASTEST GROWING MARKET $3.71MSingapore
2022
PRODUCT COMPLEXITY IN Amino-resins1.18Rnk 111 / 1025
2022
Imports $103MWorld Rnk 46 / 215
Flag Rnk 261 / 1201
2022
Origin $4.65M Japan
2021 - 2022
FASTEST GROWING ORIGIN $4.65MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $3.99M in Amino-resins, making it the 59th largest exporter of Amino-resins in the world. At the same year, Amino-resins was the 433rd most exported product in Philippines. The main destination of Amino-resins exports from Philippines are: Singapore ($3.73M), Japan ($221k), Thailand ($25k), Chinese Taipei ($3.15k), and United States ($2.57k).

The fastest growing export markets for Amino-resins of Philippines between 2021 and 2022 were Singapore ($3.71M), Japan ($183k), and Thailand ($12.2k).

Imports In 2022, Philippines imported $103M in Amino-resins, becoming the 46th largest importer of Amino-resins in the world. At the same year, Amino-resins was the 261st most imported product in Philippines. Philippines imports Amino-resins primarily from: Japan ($25M), China ($18.6M), South Korea ($12.3M), Singapore ($12.1M), and Malaysia ($11.5M).

The fastest growing import markets in Amino-resins for Philippines between 2021 and 2022 were China ($4.65M), Malaysia ($1.99M), and South Korea ($1.39M).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Amino-resins exports accounted up to $42.2k and imports accounted up to $5.01M, resulting in a negative trade balance of $4.96M. Between May 2023 and June 2024 the exports of Philippines'   Amino-resins have increased by $18.6k (78.7%) from $23.6k to $42.2k, while imports decreased by $-2.29M (-31.4%) from $7.3M to $5.01M.

Destinations In June 2024, Amino-resins were exported mostly to Malaysia ($36.2k), Mexico ($4.71k), and Slovenia ($1.28k), and were imported mostly from Japan ($1.42M), South Korea ($1.24M), Singapore ($685k), Saudi Arabia ($527k), and Germany ($318k).

Growth In June 2024, the increase in Amino-resins's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the decrease in Amino-resins's year-by-year imports was explained primarily by a decrease in imports from Thailand ($-649k or -76.2%), Singapore ($-316k or -45.1%), and China ($-176k or -12.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - June 2024)$18.6k(78.7%)
IMPORT GROWTH (June 2023 - June 2024)$-2.29M(-31.4%)
MAIN DESTINATION (June 2024)Malaysia$36.2k

This section shows Amino-resins'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 Amino-resins over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.99M
IMPORTS (2022)$103M
NET TRADE (2022)-$99.2M

In 2022, Philippines exported $3.99M in Amino-resins. The main destinations of Philippines exports on Amino-resins were Singapore ($3.73M), Japan ($221k), Thailand ($25k), Chinese Taipei ($3.15k), and United States ($2.57k).

In 2022, Philippines imported $103M in Amino-resins, mainly from Japan ($25M), China ($18.6M), South Korea ($12.3M), Singapore ($12.1M), and Malaysia ($11.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Amino-resins EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Singapore$3.71M (20.4k%)
Japan$183k (475%)
Thailand$12.2k (94.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Amino-resins BY Philippines WERE (2021 - 2022):
United States-$67.5k (-96.3%)
South Korea-$33.2k (-99%)
Indonesia-$16.2k (-94.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Amino-resins were:
Germany $3.83B
China $3.81B
Belgium $2.23B
In 2022, Philippines's main importing competitors in Amino-resins were:
China $1.8B
United States $1.72B
Germany $1.69B

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Trade Value of Amino-resins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $28.4k
TOP IMPORT POTENTIALChina+ $11.8M

Amino-resins’s highest export potential is United States. With an export gap of $28.4k.   Amino-resins’s highest import potential is China with an import gap of $11.8M.

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