Legumes in Philippines | The Observatory of Economic Complexity

About

Exports In 2022, Philippines exported $29.6k in Legumes, making it the 118th largest exporter of Legumes in the world. At the same year, Legumes was the 932nd most exported product in Philippines. The main destination of Legumes exports from Philippines are: Canada ($14.4k), United States ($11.6k), Australia ($2.48k), Hong Kong ($542), and United Arab Emirates ($451).

The fastest growing export markets for Legumes of Philippines between 2021 and 2022 were Canada ($5.82k), Hong Kong ($484), and United Arab Emirates ($344).

Imports In 2022, Philippines imported $210k in Legumes, becoming the 102nd largest importer of Legumes in the world. At the same year, Legumes was the 1109th most imported product in Philippines. Philippines imports Legumes primarily from: United States ($182k), China ($26.4k), Brazil ($1.02k), South Korea ($978), and Turkey ($238).

The fastest growing import markets in Legumes for Philippines between 2021 and 2022 were United States ($18k) and South Korea ($656).

Latest Trends

December 2023

About

Overview In December 2023 Philippines' Legumes exports accounted up to $1.45k and imports accounted up to $409, resulting in a positive trade balance of $1.04k. Between October 2022 and December 2023 the exports of Philippines' Legumes have decreased by $-20.3k (-93.3%) from $21.8k to $1.45k, while imports decreased by $-4.26k (-91.2%) from $4.67k to $409.

Destinations In December 2023, Legumes were exported mostly to , and were imported mostly from .

Growth In December 2023, the decrease in Legumes's year-by-year exports was explained primarily by a decrease in exports to . In March 2022, the decrease in Legumes's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (October 2022 - December 2023)$-20.3k(-93.3%)

IMPORT GROWTH (July 2019 - March 2022)$-4.26k(-91.2%)

MAIN DESTINATION (December 2023)

This section shows Legumes'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 Legumes over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$29.6k

IMPORTS (2022)$210k

NET TRADE (2022)-$181k

In 2022, Philippines exported $29.6k in Legumes. The main destinations of Philippines exports on Legumes were Canada ($14.4k), United States ($11.6k), Australia ($2.48k), Hong Kong ($542), and United Arab Emirates ($451).

In 2022, Philippines imported $210k in Legumes, mainly from United States ($182k), China ($26.4k), Brazil ($1.02k), South Korea ($978), and Turkey ($238).

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