Corn in Philippines | The Observatory of Economic Complexity

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Exports In 2022, Philippines exported $8.07M in Corn, making it the 56th largest exporter of Corn in the world. At the same year, Corn was the 364th most exported product in Philippines. The main destination of Corn exports from Philippines are: Vietnam ($7.98M), Indonesia ($20.7k), Maldives ($17.9k), Japan ($15.3k), and Malaysia ($12.3k).

The fastest growing export markets for Corn of Philippines between 2021 and 2022 were Vietnam ($4.81M), Indonesia ($19k), and Maldives ($17.9k).

Imports In 2022, Philippines imported $317M in Corn, becoming the 38th largest importer of Corn in the world. At the same year, Corn was the 111th most imported product in Philippines. Philippines imports Corn primarily from: Burma ($140M), Brazil ($72.9M), Indonesia ($37.2M), Vietnam ($32.6M), and Argentina ($24.8M).

The fastest growing import markets in Corn for Philippines between 2021 and 2022 were Brazil ($72.4M), Indonesia ($37.2M), and Burma ($30.4M).

Latest Trends

August 2024

About

Overview In August 2024 Philippines' Corn exports accounted up to $331k and imports accounted up to $55.8M, resulting in a negative trade balance of $55.5M. Between August 2023 and August 2024 the exports of Philippines' Corn have increased by $256k (342%) from $75k to $331k, while imports increased by $28.3M (103%) from $27.6M to $55.8M.

Destinations In August 2024, Corn were exported mostly to Vietnam ($327k), Indonesia ($2.08k), and South Africa ($2.05k), and were imported mostly from Argentina ($19.8M), Burma ($12.5M), Brazil ($8.57M), Pakistan ($4.66M), and Vietnam ($3.84M).

Growth In August 2024, the increase in Corn's year-by-year exports was explained primarily by an increase in exports to . In August 2024, the increase in Corn's year-by-year imports was explained primarily by an increase in imports from United States ($481k or 84.7%), Argentina ($431k or 112%), and Australia ($123k or 6.69k%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2023 - August 2024)$256k(342%)

IMPORT GROWTH (August 2023 - August 2024)$28.3M(103%)

MAIN DESTINATION (August 2024)Vietnam$327k

This section shows Corn'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 Corn over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$8.07M

IMPORTS (2022)$317M

NET TRADE (2022)-$309M

In 2022, Philippines exported $8.07M in Corn. The main destinations of Philippines exports on Corn were Vietnam ($7.98M), Indonesia ($20.7k), Maldives ($17.9k), Japan ($15.3k), and Malaysia ($12.3k).

In 2022, Philippines imported $317M in Corn, mainly from Burma ($140M), Brazil ($72.9M), Indonesia ($37.2M), Vietnam ($32.6M), and Argentina ($24.8M).

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