2023
Exports
$2.05kWorld Rnk 61 / 76
Flag Rnk 1054 / 1123
2023
PRODUCT COMPLEXITY IN Hops
0.45Rnk 386 / 1025
2023
Imports
$1.59MWorld Rnk 45 / 162
Flag Rnk 937 / 1202
2023
ECONOMIC COMPLEXITY of Philippines
0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $2.05k in Hops, making it the 61st largest exporter of Hops in the world. At the same year, Hops was the 1054th most exported product in Philippines. The main destination of Hops exports from Philippines are: Vietnam ($2.05k).

The fastest growing export markets for Hops of Philippines between 2022 and 2023 were Vietnam ($2.05k).

Imports In 2023, Philippines imported $1.59M in Hops, becoming the 45th largest importer of Hops in the world. At the same year, Hops was the 937th most imported product in Philippines. Philippines imports Hops primarily from: Germany ($1.11M), United States ($342k), Hong Kong ($125k), New Zealand ($12.6k), and United Kingdom ($8.74k).

The fastest growing import markets in Hops for Philippines between 2022 and 2023 were Hong Kong ($55.1k), New Zealand ($12.6k), and United Kingdom ($6.63k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Hops. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.05k
IMPORTS (2023)$1.59M
NET TRADE (2023)-$1.59M

In 2023, Philippines exported $2.05k in Hops. The main destinations of Philippines exports on Hops were Vietnam ($2.05k).

In 2023, Philippines imported $1.59M in Hops, mainly from Germany ($1.11M), United States ($342k), Hong Kong ($125k), New Zealand ($12.6k), and United Kingdom ($8.74k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hops EXPORT MARKETS FOR Philippines WERE (2022 - 2023):Vietnam$2.05k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hops BY Philippines WERE (2022 - 2023):
Thailand-$9.44k (-100%)
Netherlands-$91 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Philippines's main exporting competitors in Hops were:
In 2023, Philippines's main importing competitors in Hops were:

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Trade Value of Hops by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALThailand+ $1.93k
TOP IMPORT POTENTIALUnited States+ $151k

Hops’s highest export potential is Thailand. With an export gap of $1.93k.   Hops’s highest import potential is United States with an import gap of $151k.

See methodology.

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