HS Icon Bananas in  Flag Philippines

2021
Exports | Imports
: $1.49B | $89.6k, World Rnk 2 / 166
Flag Rnk 9 / 1111 | World Rnk 135 / 203
Flag Rnk 1139 / 1203

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $11.9M | $64.8k, South Korea |  South Korea

2021
ECONOMIC COMPLEXITY of Philippines
: 0.72, Rnk 37 / 131

2021
PRODUCT COMPLEXITY IN Bananas
: -2.02, Rnk 1000 / 1024

Exports In 2021, Philippines exported $1.49B in Bananas, making it the 2nd largest exporter of Bananas in the world. At the same year, Bananas was the 9th most exported product in Philippines. The main destination of Bananas exports from Philippines are: Japan ($706M), China ($426M), South Korea ($202M), Saudi Arabia ($34.3M), and Hong Kong ($24.3M).

The fastest growing export markets for Bananas of Philippines between 2020 and 2021 were South Korea ($11.9M), Russia ($390k), and United States ($356k).

Imports In 2021, Philippines imported $89.6k in Bananas, becoming the 135th largest importer of Bananas in the world. At the same year, Bananas was the 1139th most imported product in Philippines. Philippines imports Bananas primarily from: South Korea ($85.8k), Indonesia ($1.6k), Brazil ($812), Sri Lanka ($677), and Japan ($674).

The fastest growing import markets in Bananas for Philippines between 2020 and 2021 were South Korea ($64.8k), Indonesia ($1.6k), and Sri Lanka ($282).

Jun 2023

Subnational Monthly Trade

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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 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 (2021): $1.49B

IMPORTS (2021): $89.6k

NET TRADE (2021): $1.49B

In 2021, Philippines exported $1.49B in Bananas. The main destinations of Philippines exports on Bananas were Japan ($706M), China ($426M), South Korea ($202M), Saudi Arabia ($34.3M), and Hong Kong ($24.3M).

In 2021, Philippines imported $89.6k in Bananas, mainly from South Korea ($85.8k), Indonesia ($1.6k), Brazil ($812), Sri Lanka ($677), and Japan ($674).

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Flow

THE FASTEST GROWING Bananas EXPORT MARKETS FOR Philippines WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bananas BY Philippines WERE (2020 - 2021):

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Market Concentration

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In 2021, Philippines's main exporting competitors in Bananas were:

In 2021, Philippines's main importing competitors in Bananas were:

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