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2022
Exports $549MWorld Rnk 13 / 208
Flag Rnk 27 / 1127
2022
Destination $5.46M United States
2021 - 2022
FASTEST GROWING MARKET $5.46MSouth Korea
2022
PRODUCT COMPLEXITY IN Other Processed Fruits and Nuts-1.16Rnk 872 / 1025
2022
Imports $135MWorld Rnk 31 / 224
Flag Rnk 209 / 1201
2022
Origin $15.2M China
2021 - 2022
FASTEST GROWING ORIGIN $15.2MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $549M in Other Processed Fruits and Nuts, making it the 13th largest exporter of Other Processed Fruits and Nuts in the world. At the same year, Other Processed Fruits and Nuts was the 27th most exported product in Philippines. The main destination of Other Processed Fruits and Nuts exports from Philippines are: United States ($202M), China ($68.8M), South Korea ($35M), Japan ($31.7M), and Germany ($21.8M).

The fastest growing export markets for Other Processed Fruits and Nuts of Philippines between 2021 and 2022 were South Korea ($5.46M), France ($4.69M), and Australia ($4.21M).

Imports In 2022, Philippines imported $135M in Other Processed Fruits and Nuts, becoming the 31st largest importer of Other Processed Fruits and Nuts in the world. At the same year, Other Processed Fruits and Nuts was the 209th most imported product in Philippines. Philippines imports Other Processed Fruits and Nuts primarily from: China ($66M), United States ($17.3M), South Korea ($15.8M), Thailand ($5.62M), and South Africa ($5.42M).

The fastest growing import markets in Other Processed Fruits and Nuts for Philippines between 2021 and 2022 were China ($15.2M), United States ($7.08M), and South Africa ($2.77M).

COMPANIES In 2023, leading companies such as Del Monte Foods (405) and Chestnut Hill Farms (1) were at the forefront of shipping Other Processed Fruits and Nuts from Philippines to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Philippines' Other Processed Fruits and Nuts exports accounted up to $33.4M and imports accounted up to $4.45M, resulting in a positive trade balance of $28.9M. Between August 2023 and August 2024 the exports of Philippines'   Other Processed Fruits and Nuts have decreased by $-2.29M (-6.42%) from $35.7M to $33.4M, while imports increased by $1.06M (31.3%) from $3.39M to $4.45M.

Destinations In August 2024, Other Processed Fruits and Nuts were exported mostly to United States ($12.8M), China ($3.9M), Japan ($1.96M), Netherlands ($1.75M), and Spain ($1.4M), and were imported mostly from China ($1.37M), Argentina ($711k), United States ($643k), Thailand ($434k), and South Korea ($309k).

Growth In August 2024, the decrease in Other Processed Fruits and Nuts's year-by-year exports was explained primarily by a decrease in exports to United States ($-5.13M or -40.1%), Netherlands ($-870k or -66.5%), and Australia ($-817k or -59.5%). In August 2024, the increase in Other Processed Fruits and Nuts's year-by-year imports was explained primarily by an increase in imports from United States ($503k or 67.9%), Argentina ($406k or 540%), and South Korea ($84.2k or 64.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-2.29M(-6.42%)
IMPORT GROWTH (August 2023 - August 2024)$1.06M(31.3%)
MAIN DESTINATION (August 2024)United States$12.8M

This section shows Other Processed Fruits and Nuts'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 Other Processed Fruits and Nuts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$549M
IMPORTS (2022)$135M
NET TRADE (2022)$415M

In 2022, Philippines exported $549M in Other Processed Fruits and Nuts. The main destinations of Philippines exports on Other Processed Fruits and Nuts were United States ($202M), China ($68.8M), South Korea ($35M), Japan ($31.7M), and Germany ($21.8M).

In 2022, Philippines imported $135M in Other Processed Fruits and Nuts, mainly from China ($66M), United States ($17.3M), South Korea ($15.8M), Thailand ($5.62M), and South Africa ($5.42M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Processed Fruits and Nuts EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
South Korea$5.46M (18.5%)
France$4.69M (44.1%)
Australia$4.21M (30.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Processed Fruits and Nuts BY Philippines WERE (2021 - 2022):
Germany-$9.41M (-30.2%)
China-$8.22M (-10.7%)
Mexico-$6.09M (-54.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Other Processed Fruits and Nuts were:
China $3.05B
United States $1.95B
Thailand $1.09B
In 2022, Philippines's main importing competitors in Other Processed Fruits and Nuts were:
United States $4.18B
China $1.56B
Germany $1.54B

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Trade Value of Other Processed Fruits and Nuts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $25.2M
TOP IMPORT POTENTIALThailand+ $4.4M

Other Processed Fruits and Nuts’s highest export potential is China. With an export gap of $25.2M.   Other Processed Fruits and Nuts’s highest import potential is Thailand with an import gap of $4.4M.

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