NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Exports $4.79MWorld Rnk 26 / 140
Flag Rnk 399 / 1123
2023
Destination $1.31M France
2022 - 2023
FASTEST GROWING MARKET $1.31MFrance
2023
PRODUCT COMPLEXITY IN Insect Resins-2.36Rnk 1014 / 1025
2023
Imports $3.22MWorld Rnk 46 / 191
Flag Rnk 849 / 1202
2023
Origin $148k India
2022 - 2023
FASTEST GROWING ORIGIN $148kVietnam
2023
ECONOMIC COMPLEXITY of Philippines0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $4.79M in Insect Resins, making it the 26th largest exporter of Insect Resins in the world. At the same year, Insect Resins was the 399th most exported product in Philippines. The main destination of Insect Resins exports from Philippines are: France ($1.96M), India ($1.18M), Spain ($494k), Switzerland ($486k), and Germany ($379k).

The fastest growing export markets for Insect Resins of Philippines between 2022 and 2023 were France ($1.31M), India ($600k), and Spain ($398k).

Imports In 2023, Philippines imported $3.22M in Insect Resins, becoming the 46th largest importer of Insect Resins in the world. At the same year, Insect Resins was the 849th most imported product in Philippines. Philippines imports Insect Resins primarily from: India ($1.26M), France ($598k), Vietnam ($390k), Indonesia ($213k), and Germany ($202k).

The fastest growing import markets in Insect Resins for Philippines between 2022 and 2023 were Vietnam ($148k), Germany ($110k), and India ($32.1k).

Latest Trends

July 2024

About

Overview In July 2024 Philippines' Insect Resins exports accounted up to $288k and imports accounted up to $280k, resulting in a positive trade balance of $8.81k. Between July 2023 and July 2024 the exports of Philippines'   Insect Resins have decreased by $-34.4k (-10.7%) from $323k to $288k, while imports increased by $120k (75.3%) from $160k to $280k.

Destinations In July 2024, Insect Resins were exported mostly to Morocco ($105k), Switzerland ($91.5k), and France ($91.5k), and were imported mostly from France ($150k), India ($122k), Netherlands ($6.01k), South Korea ($918), and Japan ($316).

Growth In July 2024, the decrease in Insect Resins's year-by-year exports was explained primarily by a decrease in exports to . In July 2024, the increase in Insect Resins's year-by-year imports was explained primarily by an increase in imports from Vietnam ($34.9k or 148%), Thailand ($29.5k or 100%), and South Korea ($101 or 47%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-34.4k(-10.7%)
IMPORT GROWTH (July 2023 - July 2024)$120k(75.3%)
MAIN DESTINATION (July 2024)Morocco$105k

This section shows Insect Resins'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 Insect Resins over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$4.79M
IMPORTS (2023)$3.22M
NET TRADE (2023)$1.57M

In 2023, Philippines exported $4.79M in Insect Resins. The main destinations of Philippines exports on Insect Resins were France ($1.96M), India ($1.18M), Spain ($494k), Switzerland ($486k), and Germany ($379k).

In 2023, Philippines imported $3.22M in Insect Resins, mainly from India ($1.26M), France ($598k), Vietnam ($390k), Indonesia ($213k), and Germany ($202k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Insect Resins EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
France$1.31M (204%)
India$600k (104%)
Spain$398k (414%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insect Resins BY Philippines WERE (2022 - 2023):
Saudi Arabia-$14.5k (-100%)
Guatemala-$2.25k (-30.8%)
Australia-$2.13k (-76.3%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Philippines's main exporting competitors in Insect Resins were:
France $220M
Afghanistan $156M
Sudan $147M
In 2023, Philippines's main importing competitors in Insect Resins were:
India $274M
France $114M
United States $110M

Explore Visualizations

Trade Value of Insect Resins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $454k
TOP IMPORT POTENTIALIndia+ $410k

Insect Resins’s highest export potential is India. With an export gap of $454k.   Insect Resins’s highest import potential is India with an import gap of $410k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms