Homogenized or reconstituted tobacco in Philippines | The Observatory of Economic Complexity

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Exports In 2022, Philippines exported $71.2M in Homogenized or reconstituted tobacco, making it the 7th largest exporter of Homogenized or reconstituted tobacco in the world. At the same year, Homogenized or reconstituted tobacco was the 143rd most exported product in Philippines. The main destination of Homogenized or reconstituted tobacco exports from Philippines are: Thailand ($59.6M), South Korea ($2.68M), Cambodia ($2.67M), Japan ($2.39M), and India ($1.43M).

The fastest growing export markets for Homogenized or reconstituted tobacco of Philippines between 2021 and 2022 were Thailand ($47.4M), Japan ($2.39M), and South Korea ($1.24M).

Imports In 2022, Philippines imported $47.2M in Homogenized or reconstituted tobacco, becoming the 19th largest importer of Homogenized or reconstituted tobacco in the world. At the same year, Homogenized or reconstituted tobacco was the 536th most imported product in Philippines. Philippines imports Homogenized or reconstituted tobacco primarily from: Japan ($24M), Malaysia ($7.02M), South Korea ($4.94M), Belgium ($4.02M), and Russia ($3.06M).

The fastest growing import markets in Homogenized or reconstituted tobacco for Philippines between 2021 and 2022 were Japan ($23.1M), South Korea ($4.94M), and Belgium ($4.02M).

Latest Trends

May 2024

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Overview In May 2024 Philippines' Homogenized or reconstituted tobacco exports accounted up to $875 and imports accounted up to $3.28M, resulting in a negative trade balance of $3.28M. Between April 2023 and May 2024 the exports of Philippines' Homogenized or reconstituted tobacco have decreased by $-148k (-99.4%) from $149k to $875, while imports decreased by $-2.32M (-41.4%) from $5.6M to $3.28M.

Destinations In May 2024, Homogenized or reconstituted tobacco were exported mostly to N/A, and were imported mostly from Japan ($1.26M), Russia ($1.1M), France ($902k), United States ($19.2k), and Switzerland ($1.54k).

Growth In May 2024, the decrease in Homogenized or reconstituted tobacco's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the decrease in Homogenized or reconstituted tobacco's year-by-year imports was explained primarily by a decrease in imports from Malaysia ($-111k or -18.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (April 2023 - May 2024)$-148k(-99.4%)

IMPORT GROWTH (June 2023 - June 2024)$-2.32M(-41.4%)

This section shows Homogenized or reconstituted tobacco'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 Homogenized or reconstituted tobacco over time.

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