Exports In 2022, Philippines exported $34.2M in Oils petroleum, bituminous, distillates, except crude, making it the 125th largest exporter of Oils petroleum, bituminous, distillates, except crude in the world. At the same year, Oils petroleum, bituminous, distillates, except crude was the 265th most exported product in Philippines. The main destination of Oils petroleum, bituminous, distillates, except crude exports from Philippines are: Singapore ($13.3M), China ($12M), Malaysia ($6.23M), South Korea ($1.46M), and Kenya ($418k).
The fastest growing export markets for Oils petroleum, bituminous, distillates, except crude of Philippines between 2021 and 2022 were China ($11.9M), Singapore ($7.73M), and South Korea ($1.13M).
Imports In 2022, Philippines imported $13.9B in Oils petroleum, bituminous, distillates, except crude, becoming the 21st largest importer of Oils petroleum, bituminous, distillates, except crude in the world. At the same year, Oils petroleum, bituminous, distillates, except crude was the 2nd most imported product in Philippines. Philippines imports Oils petroleum, bituminous, distillates, except crude primarily from: South Korea ($4.55B), China ($2.44B), Singapore ($2.06B), Chinese Taipei ($1.16B), and Japan ($1.1B).
The fastest growing import markets in Oils petroleum, bituminous, distillates, except crude for Philippines between 2021 and 2022 were South Korea ($2.86B), Japan ($878M), and Chinese Taipei ($734M).
COMPANIES In 2020, leading companies such as ABB MOTORS AND MECHANICAL INC (748), JP BODEN SERVICES INC (216), and ADIDAS INTERNATIONAL TRADING AG (65) were at the forefront of shipping Oils petroleum, bituminous, distillates, except crude from Philippines to the United States.