2022
Exports
$4.43kWorld Rnk 88 / 114
Flag Rnk 1028 / 1127
2022
Imports
$1.25MWorld Rnk 53 / 201
Flag Rnk 978 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $4.43k in Hydrochloric Acid, making it the 88th largest exporter of Hydrochloric Acid in the world. At the same year, Hydrochloric Acid was the 1028th most exported product in Philippines. The main destination of Hydrochloric Acid exports from Philippines are: Japan ($3k), Malaysia ($1.31k), and Singapore ($125).

The fastest growing export markets for Hydrochloric Acid of Philippines between 2021 and 2022 were Japan ($3k) and Malaysia ($1.31k).

Imports In 2022, Philippines imported $1.25M in Hydrochloric Acid, becoming the 53rd largest importer of Hydrochloric Acid in the world. At the same year, Hydrochloric Acid was the 978th most imported product in Philippines. Philippines imports Hydrochloric Acid primarily from: India ($870k), Chinese Taipei ($133k), Thailand ($94.8k), Germany ($38.8k), and Singapore ($36.3k).

The fastest growing import markets in Hydrochloric Acid for Philippines between 2021 and 2022 were India ($674k), Chinese Taipei ($50.9k), and Thailand ($47.4k).

Latest Trends

Sep 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 Hydrochloric Acid. 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 (2022)$4.43k
IMPORTS (2022)$1.25M
NET TRADE (2022)-$1.24M

In 2022, Philippines exported $4.43k in Hydrochloric Acid. The main destinations of Philippines exports on Hydrochloric Acid were Japan ($3k), Malaysia ($1.31k), and Singapore ($125).

In 2022, Philippines imported $1.25M in Hydrochloric Acid, mainly from India ($870k), Chinese Taipei ($133k), Thailand ($94.8k), Germany ($38.8k), and Singapore ($36.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hydrochloric Acid EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Japan$3k (1%)
Malaysia$1.31k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrochloric Acid BY Philippines WERE (2021 - 2022):
Singapore-$4.2k (-97.1%)
Papua New Guinea-$1 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Hydrochloric Acid were:
Germany $72.1M
Canada $43.4M
Japan $36.9M
In 2022, Philippines's main importing competitors in Hydrochloric Acid were:

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Trade Value of Hydrochloric Acid by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $355
TOP IMPORT POTENTIALGermany+ $35.4k

Hydrochloric Acid’s highest export potential is United States. With an export gap of $355.   Hydrochloric Acid’s highest import potential is Germany with an import gap of $35.4k.

See methodology.

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