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2023
Exports $2.28MWorld Rnk 40 / 163
Flag Rnk 494 / 1123
2023
Destination $58.8k United States
2022 - 2023
FASTEST GROWING MARKET $58.8kCanada
2023
PRODUCT COMPLEXITY IN Cassava-2.06Rnk 1004 / 1025
2023
Imports $101kWorld Rnk 112 / 207
Flag Rnk 1123 / 1202
2023
Origin $19.4k China
2022 - 2023
FASTEST GROWING ORIGIN $19.4kChina
2023
ECONOMIC COMPLEXITY of Philippines0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $2.28M in Cassava, making it the 40th largest exporter of Cassava in the world. At the same year, Cassava was the 494th most exported product in Philippines. The main destination of Cassava exports from Philippines are: United States ($1.24M), Canada ($629k), Australia ($113k), United Kingdom ($52.8k), and Guam ($49.9k).

The fastest growing export markets for Cassava of Philippines between 2022 and 2023 were Canada ($58.8k), Australia ($50.6k), and South Korea ($43.1k).

Imports In 2023, Philippines imported $101k in Cassava, becoming the 112th largest importer of Cassava in the world. At the same year, Cassava was the 1123rd most imported product in Philippines. Philippines imports Cassava primarily from: China ($73k), South Korea ($21.4k), Singapore ($4.91k), Japan ($616), and India ($404).

The fastest growing import markets in Cassava for Philippines between 2022 and 2023 were China ($19.4k), South Korea ($15.5k), and Singapore ($4.91k).

COMPANIES In 2023, leading companies such as Wismettac Asian Foods (3) were at the forefront of shipping Cassava from Philippines to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Philippines' Cassava exports accounted up to $391k and imports accounted up to $175k, resulting in a positive trade balance of $217k. Between July 2023 and July 2024 the exports of Philippines'   Cassava have increased by $46.3k (13.4%) from $345k to $391k, while imports increased by $155k (784%) from $19.8k to $175k.

Destinations In July 2024, Cassava were exported mostly to Canada ($133k), United States ($125k), United Kingdom ($51.9k), Australia ($41k), and United Arab Emirates ($17.5k), and were imported mostly from China ($144k), Vietnam ($21.9k), and Chinese Taipei ($9.21k).

Growth In July 2024, the increase in Cassava's year-by-year exports was explained primarily by an increase in exports to Canada ($17.6k or 66.9%) and United Arab Emirates ($3.03k or 1.36k%). In July 2024, the increase in Cassava's year-by-year imports was explained primarily by an increase in imports from China ($9.45k or 1.62k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$46.3k(13.4%)
IMPORT GROWTH (May 2023 - July 2024)$155k(784%)
MAIN DESTINATION (July 2024)Canada$133k

This section shows Cassava'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 Cassava over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.28M
IMPORTS (2023)$101k
NET TRADE (2023)$2.18M

In 2023, Philippines exported $2.28M in Cassava. The main destinations of Philippines exports on Cassava were United States ($1.24M), Canada ($629k), Australia ($113k), United Kingdom ($52.8k), and Guam ($49.9k).

In 2023, Philippines imported $101k in Cassava, mainly from China ($73k), South Korea ($21.4k), Singapore ($4.91k), Japan ($616), and India ($404).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cassava EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
Canada$58.8k (10.3%)
Australia$50.6k (81.7%)
South Korea$43.1k (1.47k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cassava BY Philippines WERE (2022 - 2023):
United States-$306k (-19.8%)
United Kingdom-$98.9k (-65.2%)
Northern Mariana Islands-$36.8k (-61.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Philippines's main exporting competitors in Cassava were:
Thailand $1.3B
Cambodia $436M
Laos $337M
In 2023, Philippines's main importing competitors in Cassava were:
China $1.5B
Thailand $577M
Vietnam $231M

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Trade Value of Cassava by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $478k
TOP IMPORT POTENTIALChina+ $140k

Cassava’s highest export potential is United States. With an export gap of $478k.   Cassava’s highest import potential is China with an import gap of $140k.

See methodology.

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