Mixed Mineral or Chemical Fertilizers in Philippines | The Observatory of Economic Complexity

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Exports In 2023, Philippines exported $13.7M in Mixed Mineral or Chemical Fertilizers, making it the 72nd largest exporter of Mixed Mineral or Chemical Fertilizers in the world. At the same year, Mixed Mineral or Chemical Fertilizers was the 285th most exported product in Philippines. The main destination of Mixed Mineral or Chemical Fertilizers exports from Philippines are: Vietnam ($13.6M), Norway ($45.3k), Malaysia ($5.61k), Ghana ($2.92k), and Brunei ($1.12k).

The fastest growing export markets for Mixed Mineral or Chemical Fertilizers of Philippines between 2022 and 2023 were Norway ($45.3k), Ghana ($2.92k), and Brunei ($1.12k).

Imports In 2023, Philippines imported $271M in Mixed Mineral or Chemical Fertilizers, becoming the 29th largest importer of Mixed Mineral or Chemical Fertilizers in the world. At the same year, Mixed Mineral or Chemical Fertilizers was the 98th most imported product in Philippines. Philippines imports Mixed Mineral or Chemical Fertilizers primarily from: China ($183M), South Korea ($39M), Norway ($16.5M), Vietnam ($7.64M), and Belgium ($7.52M).

The fastest growing import markets in Mixed Mineral or Chemical Fertilizers for Philippines between 2022 and 2023 were Australia ($397k), United Kingdom ($291k), and Colombia ($221k).

Latest Trends

July 2024

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Overview In July 2024 Philippines' Mixed Mineral or Chemical Fertilizers exports accounted up to $27.2k and imports accounted up to $25.7M, resulting in a negative trade balance of $25.7M. Between September 2022 and July 2024 the exports of Philippines' Mixed Mineral or Chemical Fertilizers have decreased by $-2.64M (-99%) from $2.67M to $27.2k, while imports increased by $8.09M (45.9%) from $17.6M to $25.7M.

Destinations In July 2024, Mixed Mineral or Chemical Fertilizers were exported mostly to Kuwait ($26.3k) and Thailand ($941), and were imported mostly from China ($19.5M), South Korea ($2.19M), Norway ($1.84M), United States ($885k), and Vietnam ($600k).

Growth In July 2024, the decrease in Mixed Mineral or Chemical Fertilizers's year-by-year exports was explained primarily by a decrease in exports to . In July 2024, the increase in Mixed Mineral or Chemical Fertilizers's year-by-year imports was explained primarily by an increase in imports from China ($2.57M or 38.2%), United States ($584k or 138%), and Indonesia ($61.4k or 145%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2022 - July 2024)$-2.64M(-99%)

IMPORT GROWTH (July 2023 - July 2024)$8.09M(45.9%)

MAIN DESTINATION (July 2024)Kuwait$26.3k

This section shows Mixed Mineral or Chemical Fertilizers'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 Mixed Mineral or Chemical Fertilizers over time.

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