HS Icon Bananas in  Flag Philippines

2020
Exports | Imports
: $1.66B | $489k, World Rnk 2 / 154
Flag Rnk 7 / 1100 | World Rnk 117 / 196
Flag Rnk 1044 / 1200

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $1.05M | $263k, Qatar |  Costa Rica

2020
ECONOMIC COMPLEXITY of Philippines
: 0.58, Rnk 39 / 127

2020
PRODUCT COMPLEXITY  IN Bananas
: -2.03, Rnk 1009 / 1029

Exports In 2020, Philippines exported $1.66B in Bananas, making it the 2nd largest exporter of Bananas in the world. At the same year, Bananas was the 7th most exported product in Philippines. The main destination of Bananas exports from Philippines are: Japan ($749M), China ($453M), South Korea ($204M), Saudi Arabia ($52.9M), and Iran ($46.6M).

The fastest growing export markets for Bananas of Philippines between 2019 and 2020 were Qatar ($1.05M), New Zealand ($935k), and Brunei ($722k).

Imports In 2020, Philippines imported $489k in Bananas, becoming the 117th largest importer of Bananas in the world. At the same year, Bananas was the 1044th most imported product in Philippines. Philippines imports Bananas primarily from: Costa Rica ($263k), United Arab Emirates ($105k), Cambodia ($74.4k), South Korea ($21k), and Japan ($16.2k).

The fastest growing import markets in Bananas for Philippines between 2019 and 2020 were Costa Rica ($263k), Cambodia ($74.4k), and South Korea ($13.5k).

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Subnational Monthly Trade

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Y-AXIS SCALE

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The following visualization shows the latest trends on Bananas. 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

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EXPORTS (2020): $1.66B

IMPORTS (2020): $489k

NET TRADE (2020): $1.66B

In 2020, Philippines exported $1.66B in Bananas. The main destinations of Philippines exports on Bananas were Japan ($749M), China ($453M), South Korea ($204M), Saudi Arabia ($52.9M), and Iran ($46.6M).

In 2020, Philippines imported $489k in Bananas, mainly from Costa Rica ($263k), United Arab Emirates ($105k), Cambodia ($74.4k), South Korea ($21k), and Japan ($16.2k).

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Flow

THE FASTEST GROWING Bananas EXPORT MARKETS FOR Philippines WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bananas BY Philippines WERE (2019 - 2020):

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Market Concentration

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In 2020, Philippines's main exporting competitors in Bananas were:

In 2020, Philippines's main importing competitors in Bananas were:

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