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2023
Exports $21.3kWorld Rnk 98 / 120
Flag Rnk 947 / 1123
2023
Destination $21.3k Japan
2022 - 2023
FASTEST GROWING MARKET $21.3kJapan
2023
PRODUCT COMPLEXITY IN Bovine-1.01Rnk 830 / 1025
2023
Imports $30MWorld Rnk 43 / 149
Flag Rnk 432 / 1202
2023
Origin $17M Australia
2022 - 2023
FASTEST GROWING ORIGIN $17MAustralia
2023
ECONOMIC COMPLEXITY of Philippines0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $21.3k in Bovine, making it the 98th largest exporter of Bovine in the world. At the same year, Bovine was the 947th most exported product in Philippines. The main destination of Bovine exports from Philippines are: Japan ($21.3k).

The fastest growing export markets for Bovine of Philippines between 2022 and 2023 were Japan ($21.3k).

Imports In 2023, Philippines imported $30M in Bovine, becoming the 43rd largest importer of Bovine in the world. At the same year, Bovine was the 432nd most imported product in Philippines. Philippines imports Bovine primarily from: Australia ($28.8M) and United States ($1.18M).

The fastest growing import markets in Bovine for Philippines between 2022 and 2023 were Australia ($17M) and United States ($866k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
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 Bovine. 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

Trade Balance

Color
EXPORTS (2023)$21.3k
IMPORTS (2023)$30M
NET TRADE (2023)-$30M

In 2023, Philippines exported $21.3k in Bovine. The main destinations of Philippines exports on Bovine were Japan ($21.3k).

In 2023, Philippines imported $30M in Bovine, mainly from Australia ($28.8M) and United States ($1.18M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bovine EXPORT MARKETS FOR Philippines WERE (2022 - 2023):Japan$21.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bovine BY Philippines WERE (2022 - 2023):United Kingdom-$3.56k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Philippines's main exporting competitors in Bovine were:
France $2.05B
Canada $1.34B
Mexico $1.08B
In 2023, Philippines's main importing competitors in Bovine were:
United States $2.42B
Italy $1.92B
Turkey $1.13B

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Trade Value of Bovine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $3.79k
TOP IMPORT POTENTIALUnited States+ $340k

Bovine’s highest export potential is United Kingdom. With an export gap of $3.79k.   Bovine’s highest import potential is United States with an import gap of $340k.

See methodology.

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