2022
Exports
$187kWorld Rnk 75 / 147
Flag Rnk 779 / 1127
2022
PRODUCT COMPLEXITY IN Cocoa Powder
-0.69Rnk 755 / 1025
2022
Imports
$80.2MWorld Rnk 12 / 215
Flag Rnk 309 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $187k in Cocoa Powder, making it the 75th largest exporter of Cocoa Powder in the world. At the same year, Cocoa Powder was the 779th most exported product in Philippines. The main destination of Cocoa Powder exports from Philippines are: Malaysia ($74.6k), United States ($30.9k), Indonesia ($23k), Macau ($10.7k), and Singapore ($7.15k).

The fastest growing export markets for Cocoa Powder of Philippines between 2021 and 2022 were United States ($12.6k), Macau ($10.2k), and United Kingdom ($6.11k).

Imports In 2022, Philippines imported $80.2M in Cocoa Powder, becoming the 12th largest importer of Cocoa Powder in the world. At the same year, Cocoa Powder was the 309th most imported product in Philippines. Philippines imports Cocoa Powder primarily from: Malaysia ($38.2M), Indonesia ($22.2M), Singapore ($13.6M), Netherlands ($3.07M), and United States ($1.03M).

The fastest growing import markets in Cocoa Powder for Philippines between 2021 and 2022 were Malaysia ($11.5M), Singapore ($3.07M), and Netherlands ($759k).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (April 2023 - June 2024)$17.5k(1.09k%)
IMPORT GROWTH (June 2023 - June 2024)$-4.91M(-81%)
MAIN DESTINATION (June 2024)Vietnam$19.1k

This section shows Cocoa Powder'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 Cocoa Powder over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$187k
IMPORTS (2022)$80.2M
NET TRADE (2022)-$80M

In 2022, Philippines exported $187k in Cocoa Powder. The main destinations of Philippines exports on Cocoa Powder were Malaysia ($74.6k), United States ($30.9k), Indonesia ($23k), Macau ($10.7k), and Singapore ($7.15k).

In 2022, Philippines imported $80.2M in Cocoa Powder, mainly from Malaysia ($38.2M), Indonesia ($22.2M), Singapore ($13.6M), Netherlands ($3.07M), and United States ($1.03M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Powder EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United States$12.6k (68.7%)
Macau$10.2k (1.88k%)
United Kingdom$6.11k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Powder BY Philippines WERE (2021 - 2022):
Malaysia-$59.6k (-44.4%)
Indonesia-$52.1k (-69.4%)
China-$23.9k (-99.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Cocoa Powder were:
In 2022, Philippines's main importing competitors in Cocoa Powder were:

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Trade Value of Cocoa Powder by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $54.6k
TOP IMPORT POTENTIALNetherlands+ $1.47M

Cocoa Powder’s highest export potential is United States. With an export gap of $54.6k.   Cocoa Powder’s highest import potential is Netherlands with an import gap of $1.47M.

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