Sign In
Pricing

2022
Exports $4.19MWorld Rnk 74 / 155
Flag Rnk 424 / 1127
2022
Destination $885k China
2021 - 2022
FASTEST GROWING MARKET $885kChina
2022
PRODUCT COMPLEXITY IN Margarine-0.83Rnk 786 / 1025
2022
Imports $67.7MWorld Rnk 37 / 219
Flag Rnk 341 / 1201
2022
Origin $8.93M Malaysia
2021 - 2022
FASTEST GROWING ORIGIN $8.93MIndonesia
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $4.19M in Margarine, making it the 74th largest exporter of Margarine in the world. At the same year, Margarine was the 424th most exported product in Philippines. The main destination of Margarine exports from Philippines are: China ($1.32M), Thailand ($662k), South Korea ($563k), Japan ($246k), and Vietnam ($181k).

The fastest growing export markets for Margarine of Philippines between 2021 and 2022 were China ($885k), South Korea ($386k), and Thailand ($342k).

Imports In 2022, Philippines imported $67.7M in Margarine, becoming the 37th largest importer of Margarine in the world. At the same year, Margarine was the 341st most imported product in Philippines. Philippines imports Margarine primarily from: Malaysia ($30M), Indonesia ($22.7M), Singapore ($2.78M), Australia ($2.48M), and China ($2.34M).

The fastest growing import markets in Margarine for Philippines between 2021 and 2022 were Indonesia ($8.93M), Singapore ($744k), and Chinese Taipei ($350k).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Margarine exports accounted up to $203k and imports accounted up to $1.01M, resulting in a negative trade balance of $806k. Between June 2023 and June 2024 the exports of Philippines'   Margarine have decreased by $-279k (-57.8%) from $482k to $203k, while imports decreased by $-2M (-66.4%) from $3M to $1.01M.

Destinations In June 2024, Margarine were exported mostly to China ($131k), Qatar ($14.8k), United Arab Emirates ($13.1k), Saudi Arabia ($12.9k), and Vietnam ($8.24k), and were imported mostly from Singapore ($297k), Switzerland ($278k), Spain ($116k), Thailand ($97.2k), and Australia ($75.5k).

Growth In June 2024, the decrease in Margarine's year-by-year exports was explained primarily by a decrease in exports to Hong Kong ($-2k or -58.4%). In June 2024, the decrease in Margarine's year-by-year imports was explained primarily by a decrease in imports from Australia ($-12.3k or -2.93%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-279k(-57.8%)
IMPORT GROWTH (June 2023 - June 2024)$-2M(-66.4%)
MAIN DESTINATION (June 2024)China$131k

This section shows Margarine'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 Margarine 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 (2022)$4.19M
IMPORTS (2022)$67.7M
NET TRADE (2022)-$63.5M

In 2022, Philippines exported $4.19M in Margarine. The main destinations of Philippines exports on Margarine were China ($1.32M), Thailand ($662k), South Korea ($563k), Japan ($246k), and Vietnam ($181k).

In 2022, Philippines imported $67.7M in Margarine, mainly from Malaysia ($30M), Indonesia ($22.7M), Singapore ($2.78M), Australia ($2.48M), and China ($2.34M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Margarine EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
China$885k (203%)
South Korea$386k (219%)
Thailand$342k (107%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Margarine BY Philippines WERE (2021 - 2022):
Singapore-$168k (-86.3%)
Vietnam-$64k (-26.1%)
Saudi Arabia-$61.2k (-94.6%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Margarine were:
Indonesia $1.98B
Belgium $849M
Netherlands $805M
In 2022, Philippines's main importing competitors in Margarine were:
China $1.33B
France $570M
Germany $519M

Explore Visualizations

Trade Value of Margarine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.95M
TOP IMPORT POTENTIALIndonesia+ $5.63M

Margarine’s highest export potential is China. With an export gap of $1.95M.   Margarine’s highest import potential is Indonesia with an import gap of $5.63M.

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