Benzene in Philippines | The Observatory of Economic Complexity

About

The fastest growing export markets for Benzene of Philippines between 2021 and 2022 were China ($21.4M) and Chinese Taipei ($9.83M).

Imports In 2022, Philippines imported $22k in Benzene, becoming the 50th largest importer of Benzene in the world. At the same year, Benzene was the 4202nd most imported product in Philippines. Philippines imports Benzene primarily from: Chinese Taipei ($21.4k), Belgium ($235), Singapore ($209), and United States ($167).

The fastest growing import markets in Benzene for Philippines between 2021 and 2022 were Belgium ($235) and United States ($167).

COMPANIES In 2023, leading companies such as Del Monte Foods (741), Yokohama Industries (278), and ABB Motors and Mechanical (197) were at the forefront of shipping Benzene from Philippines to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Benzene exports accounted up to $2.85M and imports accounted up to $1.87k, resulting in a positive trade balance of $2.85M. Between January 2023 and June 2024 the exports of Philippines' Benzene have decreased by $-2.39M (-45.6%) from $5.24M to $2.85M, while imports increased by $1.74k (1.28k%) from $136 to $1.87k.

Destinations In June 2024, Benzene were exported mostly to China ($2.85M), and were imported mostly from United States ($1.87k).

Growth In June 2024, the decrease in Benzene's year-by-year exports was explained primarily by a decrease in exports to China ($-8.27M or -61.2%). In June 2024, the increase in Benzene's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - June 2024)$-2.39M(-45.6%)

IMPORT GROWTH (September 2022 - June 2024)$1.74k(1.28k%)

MAIN DESTINATION (June 2024)China$2.85M

This section shows Benzene'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 Benzene over time.

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