2022
Exports
$353kWorld Rnk 86 / 166
Flag Rnk 705 / 1127
2022
PRODUCT COMPLEXITY IN Locust beans, seaweed, sugar beet, cane, for food
-1.76Rnk 977 / 1025
2022
Imports
$7.88MWorld Rnk 37 / 197
Flag Rnk 765 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $353k in Locust beans, seaweed, sugar beet, cane, for food, making it the 86th largest exporter of Locust beans, seaweed, sugar beet, cane, for food in the world. At the same year, Locust beans, seaweed, sugar beet, cane, for food was the 705th most exported product in Philippines. The main destination of Locust beans, seaweed, sugar beet, cane, for food exports from Philippines are: Canada ($81.9k), Japan ($44.6k), Trinidad and Tobago ($43.6k), United States ($39.2k), and United Arab Emirates ($35.4k).

The fastest growing export markets for Locust beans, seaweed, sugar beet, cane, for food of Philippines between 2021 and 2022 were Canada ($54.6k), Trinidad and Tobago ($20.6k), and United States ($18.6k).

Imports In 2022, Philippines imported $7.88M in Locust beans, seaweed, sugar beet, cane, for food, becoming the 37th largest importer of Locust beans, seaweed, sugar beet, cane, for food in the world. At the same year, Locust beans, seaweed, sugar beet, cane, for food was the 765th most imported product in Philippines. Philippines imports Locust beans, seaweed, sugar beet, cane, for food primarily from: China ($6.46M), New Zealand ($1M), Spain ($344k), Italy ($34.5k), and United States ($14.1k).

The fastest growing import markets in Locust beans, seaweed, sugar beet, cane, for food for Philippines between 2021 and 2022 were Spain ($118k), Italy ($34.5k), and United States ($13.4k).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$1.05M(184%)
IMPORT GROWTH (June 2023 - June 2024)$-131k(-28.5%)
MAIN DESTINATION (June 2024)China$620k

This section shows Locust beans, seaweed, sugar beet, cane, for food'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 Locust beans, seaweed, sugar beet, cane, for food over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$353k
IMPORTS (2022)$7.88M
NET TRADE (2022)-$7.53M

In 2022, Philippines exported $353k in Locust beans, seaweed, sugar beet, cane, for food. The main destinations of Philippines exports on Locust beans, seaweed, sugar beet, cane, for food were Canada ($81.9k), Japan ($44.6k), Trinidad and Tobago ($43.6k), United States ($39.2k), and United Arab Emirates ($35.4k).

In 2022, Philippines imported $7.88M in Locust beans, seaweed, sugar beet, cane, for food, mainly from China ($6.46M), New Zealand ($1M), Spain ($344k), Italy ($34.5k), and United States ($14.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Locust beans, seaweed, sugar beet, cane, for food EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Canada$54.6k (200%)
Trinidad and Tobago$20.6k (89.4%)
United States$18.6k (90.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Locust beans, seaweed, sugar beet, cane, for food BY Philippines WERE (2021 - 2022):
Italy-$184k (-96.6%)
Netherlands-$13k (-85.1%)
Ethiopia-$10.7k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Locust beans, seaweed, sugar beet, cane, for food were:
In 2022, Philippines's main importing competitors in Locust beans, seaweed, sugar beet, cane, for food were:
Italy $253M
China $202M
Spain $182M

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Trade Value of Locust beans, seaweed, sugar beet, cane, for food by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $7.18M
TOP IMPORT POTENTIALChina+ $1.54M

Locust beans, seaweed, sugar beet, cane, for food’s highest export potential is China. With an export gap of $7.18M.   Locust beans, seaweed, sugar beet, cane, for food’s highest import potential is China with an import gap of $1.54M.

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