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2022
Exports $1.11BWorld Rnk 15 / 134
Flag Rnk 14 / 1127
2022
Destination $476M South Korea
2021 - 2022
FASTEST GROWING MARKET $476MSouth Korea
2022
PRODUCT COMPLEXITY IN Coal Briquettes-1.75Rnk 976 / 1025
2022
Imports $5.18BWorld Rnk 11 / 183
Flag Rnk 3 / 1201
2022
Origin $2.53B Indonesia
2021 - 2022
FASTEST GROWING ORIGIN $2.53BIndonesia
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $1.11B in Coal Briquettes, making it the 15th largest exporter of Coal Briquettes in the world. At the same year, Coal Briquettes was the 14th most exported product in Philippines. The main destination of Coal Briquettes exports from Philippines are: South Korea ($520M), China ($480M), Thailand ($49M), Cambodia ($20.5M), and Vietnam ($16.3M).

The fastest growing export markets for Coal Briquettes of Philippines between 2021 and 2022 were South Korea ($476M), Thailand ($49M), and Vietnam ($16.3M).

Imports In 2022, Philippines imported $5.18B in Coal Briquettes, becoming the 11th largest importer of Coal Briquettes in the world. At the same year, Coal Briquettes was the 3rd most imported product in Philippines. Philippines imports Coal Briquettes primarily from: Indonesia ($5B), Australia ($120M), Russia ($35.4M), Mozambique ($21.9M), and Vietnam ($8.92M).

The fastest growing import markets in Coal Briquettes for Philippines between 2021 and 2022 were Indonesia ($2.53B), Australia ($69.3M), and Mozambique ($21.9M).

Latest Trends

August 2024

About

Overview In August 2024 Philippines' Coal Briquettes exports accounted up to $13.1M and imports accounted up to $282M, resulting in a negative trade balance of $269M. Between August 2023 and August 2024 the exports of Philippines'   Coal Briquettes have decreased by $-3.29M (-20.1%) from $16.4M to $13.1M, while imports decreased by $-13.9M (-4.71%) from $296M to $282M.

Destinations In August 2024, Coal Briquettes were exported mostly to China ($13.1M), and were imported mostly from Indonesia ($278M), Vietnam ($4.28M), and United Arab Emirates ($99k).

Growth In August 2024, the decrease in Coal Briquettes's year-by-year exports was explained primarily by a decrease in exports to South Korea ($-10.8M or -38.3%). In August 2024, the decrease in Coal Briquettes's year-by-year imports was explained primarily by a decrease in imports from China ($-365 or -45.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-3.29M(-20.1%)
IMPORT GROWTH (August 2023 - August 2024)$-13.9M(-4.71%)
MAIN DESTINATION (August 2024)China$13.1M

This section shows Coal Briquettes'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 Coal Briquettes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.11B
IMPORTS (2022)$5.18B
NET TRADE (2022)-$4.07B

In 2022, Philippines exported $1.11B in Coal Briquettes. The main destinations of Philippines exports on Coal Briquettes were South Korea ($520M), China ($480M), Thailand ($49M), Cambodia ($20.5M), and Vietnam ($16.3M).

In 2022, Philippines imported $5.18B in Coal Briquettes, mainly from Indonesia ($5B), Australia ($120M), Russia ($35.4M), Mozambique ($21.9M), and Vietnam ($8.92M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coal Briquettes EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
South Korea$476M (1.07k%)
Thailand$49M (1%)
Vietnam$16.3M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coal Briquettes BY Philippines WERE (2021 - 2022):China-$88.3M (-15.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Coal Briquettes were:
Australia $109B
Indonesia $50.8B
Russia $36.5B
In 2022, Philippines's main importing competitors in Coal Briquettes were:
India $58.7B
Japan $53.7B
China $28.1B

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Trade Value of Coal Briquettes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $29.4M
TOP IMPORT POTENTIALAustralia+ $111M

Coal Briquettes’s highest export potential is India. With an export gap of $29.4M.   Coal Briquettes’s highest import potential is Australia with an import gap of $111M.

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