2023
Exports
$168kWorld Rnk 79 / 145
Flag Rnk 790 / 1123
2023
PRODUCT COMPLEXITY IN Buckwheat
-1.65Rnk 966 / 1025
2023
Imports
$6.04MWorld Rnk 38 / 208
Flag Rnk 757 / 1202
2023
ECONOMIC COMPLEXITY of Philippines
0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $168k in Buckwheat, making it the 79th largest exporter of Buckwheat in the world. At the same year, Buckwheat was the 790th most exported product in Philippines. The main destination of Buckwheat exports from Philippines are: United States ($139k), Maldives ($14.6k), Canada ($5.44k), Japan ($3.42k), and Kuwait ($3.15k).

The fastest growing export markets for Buckwheat of Philippines between 2022 and 2023 were United States ($127k), Japan ($3.42k), and Kuwait ($3.15k).

Imports In 2023, Philippines imported $6.04M in Buckwheat, becoming the 38th largest importer of Buckwheat in the world. At the same year, Buckwheat was the 757th most imported product in Philippines. Philippines imports Buckwheat primarily from: United States ($2.82M), Russia ($1.13M), Canada ($967k), Ukraine ($385k), and Peru ($223k).

The fastest growing import markets in Buckwheat for Philippines between 2022 and 2023 were Russia ($387k), Peru ($95.3k), and Bolivia ($62.2k).

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 Buckwheat. 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)$168k
IMPORTS (2023)$6.04M
NET TRADE (2023)-$5.87M

In 2023, Philippines exported $168k in Buckwheat. The main destinations of Philippines exports on Buckwheat were United States ($139k), Maldives ($14.6k), Canada ($5.44k), Japan ($3.42k), and Kuwait ($3.15k).

In 2023, Philippines imported $6.04M in Buckwheat, mainly from United States ($2.82M), Russia ($1.13M), Canada ($967k), Ukraine ($385k), and Peru ($223k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Buckwheat EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
United States$127k (1.01k%)
Japan$3.42k (1%)
Kuwait$3.15k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buckwheat BY Philippines WERE (2022 - 2023):
Australia-$768 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Philippines's main exporting competitors in Buckwheat were:
In 2023, Philippines's main importing competitors in Buckwheat were:

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Trade Value of Buckwheat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $2.27k
TOP IMPORT POTENTIALChina+ $233k

Buckwheat’s highest export potential is Canada. With an export gap of $2.27k.   Buckwheat’s highest import potential is China with an import gap of $233k.

See methodology.

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