2022
Exports
$17.5kWorld Rnk 85 / 157
Flag Rnk 960 / 1127
2022
PRODUCT COMPLEXITY IN Nucleic Acids
1.37Rnk 78 / 1025
2022
Imports
$46.7MWorld Rnk 41 / 191
Flag Rnk 399 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $17.5k in Nucleic Acids, making it the 85th largest exporter of Nucleic Acids in the world. At the same year, Nucleic Acids was the 960th most exported product in Philippines. The main destination of Nucleic Acids exports from Philippines are: Vietnam ($7.44k), South Korea ($6.57k), Singapore ($2.73k), Belgium ($431), and Norway ($322).

The fastest growing export markets for Nucleic Acids of Philippines between 2021 and 2022 were Vietnam ($7.44k), Singapore ($2.73k), and South Korea ($712).

Imports In 2022, Philippines imported $46.7M in Nucleic Acids, becoming the 41st largest importer of Nucleic Acids in the world. At the same year, Nucleic Acids was the 399th most imported product in Philippines. Philippines imports Nucleic Acids primarily from: Japan ($23M), China ($7.77M), Switzerland ($5.7M), Germany ($2.72M), and Singapore ($2.37M).

The fastest growing import markets in Nucleic Acids for Philippines between 2021 and 2022 were Japan ($5.53M), China ($2.46M), and Singapore ($282k).

COMPANIES In 2023, leading companies such as Michael Kors (2) were at the forefront of shipping Nucleic Acids from Philippines to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Nucleic Acids. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$17.5k
IMPORTS (2022)$46.7M
NET TRADE (2022)-$46.7M

In 2022, Philippines exported $17.5k in Nucleic Acids. The main destinations of Philippines exports on Nucleic Acids were Vietnam ($7.44k), South Korea ($6.57k), Singapore ($2.73k), Belgium ($431), and Norway ($322).

In 2022, Philippines imported $46.7M in Nucleic Acids, mainly from Japan ($23M), China ($7.77M), Switzerland ($5.7M), Germany ($2.72M), and Singapore ($2.37M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nucleic Acids EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Vietnam$7.44k (1%)
Singapore$2.73k (1%)
South Korea$712 (12.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nucleic Acids BY Philippines WERE (2021 - 2022):
Indonesia-$12.9k (-100%)
Thailand-$9.38k (-100%)
Canada-$1.28k (-98.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Nucleic Acids were:
In 2022, Philippines's main importing competitors in Nucleic Acids were:

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Trade Value of Nucleic Acids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $10.3k
TOP IMPORT POTENTIALChina+ $7.15M

Nucleic Acids’s highest export potential is South Korea. With an export gap of $10.3k.   Nucleic Acids’s highest import potential is China with an import gap of $7.15M.

See methodology.

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