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2022
Exports $74.8kWorld Rnk 98 / 142
Flag Rnk 859 / 1127
2022
Destination $17.4k Oman
2021 - 2022
FASTEST GROWING MARKET $17.4kChinese Taipei
2022
PRODUCT COMPLEXITY IN Cellulose0.73Rnk 265 / 1025
2022
Imports $45.2MWorld Rnk 36 / 205
Flag Rnk 402 / 1201
2022
Origin $3.17M China
2021 - 2022
FASTEST GROWING ORIGIN $3.17MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $74.8k in Cellulose, making it the 98th largest exporter of Cellulose in the world. At the same year, Cellulose was the 859th most exported product in Philippines. The main destination of Cellulose exports from Philippines are: Oman ($33.2k), Chinese Taipei ($17.4k), Vietnam ($8.06k), India ($5.4k), and Singapore ($4.33k).

The fastest growing export markets for Cellulose of Philippines between 2021 and 2022 were Chinese Taipei ($17.4k), Vietnam ($6.24k), and India ($5.19k).

Imports In 2022, Philippines imported $45.2M in Cellulose, becoming the 36th largest importer of Cellulose in the world. At the same year, Cellulose was the 402nd most imported product in Philippines. Philippines imports Cellulose primarily from: China ($9.36M), Germany ($6.08M), Thailand ($5.95M), Japan ($5.72M), and United States ($5.28M).

The fastest growing import markets in Cellulose for Philippines between 2021 and 2022 were China ($3.17M), Thailand ($2.78M), and Germany ($1.84M).

Latest Trends

May 2024

About

Overview In May 2024 Philippines' Cellulose exports accounted up to $76k and imports accounted up to $1.62M, resulting in a negative trade balance of $1.54M. Between August 2022 and May 2024 the exports of Philippines'   Cellulose have increased by $75.4k (11.9k%) from $634 to $76k, while imports decreased by $-1.57M (-49.2%) from $3.19M to $1.62M.

Destinations In May 2024, Cellulose were exported mostly to , and were imported mostly from South Korea ($488k), United States ($251k), Thailand ($235k), India ($207k), and France ($109k).

Growth In May 2024, the increase in Cellulose's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the decrease in Cellulose's year-by-year imports was explained primarily by a decrease in imports from India ($-33.4k or -23.8%), Belgium ($-20.2k or -68.1%), and United States ($-4.05k or -1.12%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2022 - May 2024)$75.4k(11.9k%)
IMPORT GROWTH (June 2023 - June 2024)$-1.57M(-49.2%)
MAIN DESTINATION (May 2024)

This section shows Cellulose'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 Cellulose over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$74.8k
IMPORTS (2022)$45.2M
NET TRADE (2022)-$45.1M

In 2022, Philippines exported $74.8k in Cellulose. The main destinations of Philippines exports on Cellulose were Oman ($33.2k), Chinese Taipei ($17.4k), Vietnam ($8.06k), India ($5.4k), and Singapore ($4.33k).

In 2022, Philippines imported $45.2M in Cellulose, mainly from China ($9.36M), Germany ($6.08M), Thailand ($5.95M), Japan ($5.72M), and United States ($5.28M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cellulose EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Chinese Taipei$17.4k (1%)
Vietnam$6.24k (342%)
India$5.19k (2.56k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cellulose BY Philippines WERE (2021 - 2022):
Indonesia-$109k (-100%)
South Korea-$35k (-100%)
Oman-$14.4k (-30.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Cellulose were:
United States $1.48B
Germany $1.28B
China $1.27B
In 2022, Philippines's main importing competitors in Cellulose were:
India $590M
United States $566M
China $537M

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Trade Value of Cellulose by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $20.4k
TOP IMPORT POTENTIALChina+ $4.43M

Cellulose’s highest export potential is India. With an export gap of $20.4k.   Cellulose’s highest import potential is China with an import gap of $4.43M.

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