2018
Exports
$183MWorld Rnk 62 / 217
Flag Rnk 40 / 96
2022
PRODUCT COMPLEXITY IN Beverages, spirits, & vinegar
0.2Rnk 488 / 1025
2018
Imports
$965MWorld Rnk 31 / 225
Flag Rnk 36 / 96
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2018, Philippines exported $183M in Beverages, spirits, & vinegar, making it the 62nd largest exporter of Beverages, spirits, & vinegar in the world. At the same year, Beverages, spirits, & vinegar was the 40th most exported product in Philippines. The main destination of Beverages, spirits, & vinegar exports from Philippines are: United States ($115M), United Kingdom ($17.5M), Germany ($6.89M), United Arab Emirates ($5.12M), and Netherlands ($4.44M).

The fastest growing export markets for Beverages, spirits, & vinegar of Philippines between 2021 and 2022 were United Arab Emirates ($1.95M), Czechia ($1.84M), and Malaysia ($1.32M).

Imports In 2022, Philippines imported $965M in Beverages, spirits, & vinegar, becoming the 31st largest importer of Beverages, spirits, & vinegar in the world. At the same year, Beverages, spirits, & vinegar was the 36th most imported product in Philippines. Philippines imports Beverages, spirits, & vinegar primarily from: Spain ($258M), United States ($220M), Indonesia ($77.2M), Australia ($56.2M), and Thailand ($48.8M).

The fastest growing import markets in Beverages, spirits, & vinegar for Philippines between 2021 and 2022 were United States ($115M), Spain ($58M), and Singapore ($16.5M).

COMPANIES In 2023, leading companies such as Del Monte Foods (1) were at the forefront of shipping Beverages, spirits, & vinegar from Philippines to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$480k(17%)
IMPORT GROWTH (June 2023 - June 2024)$11.4M(19.1%)
MAIN DESTINATION (June 2024)United Arab Emirates$997k

This section shows Beverages, spirits, & vinegar'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 Beverages, spirits, & vinegar over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$183M
IMPORTS (2022)$965M
NET TRADE (2022)-$781M

In 2022, Philippines exported $183M in Beverages, spirits, & vinegar. The main destinations of Philippines exports on Beverages, spirits, & vinegar were United States ($115M), United Kingdom ($17.5M), Germany ($6.89M), United Arab Emirates ($5.12M), and Netherlands ($4.44M).

In 2022, Philippines imported $965M in Beverages, spirits, & vinegar, mainly from Spain ($258M), United States ($220M), Indonesia ($77.2M), Australia ($56.2M), and Thailand ($48.8M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Beverages, spirits, & vinegar EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United Arab Emirates$1.95M (61.4%)
Czechia$1.84M (137%)
Malaysia$1.32M (88.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Beverages, spirits, & vinegar BY Philippines WERE (2021 - 2022):
United States-$18.1M (-13.7%)
Canada-$2.09M (-40.8%)
Vietnam-$1.7M (-98.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Beverages, spirits, & vinegar were:
France $22.4B
Italy $12.6B
Mexico $11.8B
In 2022, Philippines's main importing competitors in Beverages, spirits, & vinegar were:

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Trade Value of Beverages, spirits, & vinegar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $11.2M
TOP IMPORT POTENTIALFrance+ $16.1M

Beverages, spirits, & vinegar’s highest export potential is United Kingdom. With an export gap of $11.2M.   Beverages, spirits, & vinegar’s highest import potential is France with an import gap of $16.1M.

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