2022
Exports
$91.4MWorld Rnk 19 / 126
Flag Rnk 124 / 1127
2022
PRODUCT COMPLEXITY IN Other Vegetable Residues
-1.23Rnk 885 / 1025
2022
Imports
$8.31MWorld Rnk 62 / 190
Flag Rnk 753 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $91.4M in Other Vegetable Residues, making it the 19th largest exporter of Other Vegetable Residues in the world. At the same year, Other Vegetable Residues was the 124th most exported product in Philippines. The main destination of Other Vegetable Residues exports from Philippines are: South Korea ($44.2M), China ($22.6M), India ($10.9M), Vietnam ($9.24M), and Chinese Taipei ($2.41M).

The fastest growing export markets for Other Vegetable Residues of Philippines between 2021 and 2022 were South Korea ($15.6M), China ($8.88M), and Chinese Taipei ($503k).

Imports In 2022, Philippines imported $8.31M in Other Vegetable Residues, becoming the 62nd largest importer of Other Vegetable Residues in the world. At the same year, Other Vegetable Residues was the 753rd most imported product in Philippines. Philippines imports Other Vegetable Residues primarily from: India ($4.5M), Malaysia ($3.01M), China ($369k), Ukraine ($227k), and United Kingdom ($135k).

The fastest growing import markets in Other Vegetable Residues for Philippines between 2021 and 2022 were India ($3.41M), Malaysia ($1.53M), and United Kingdom ($135k).

COMPANIES In 2023, leading companies such as Dekalb Farmers Market (15) and Fred Meyer (1) were at the forefront of shipping Other Vegetable Residues from Philippines to the United States.

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$846k(26.7%)
IMPORT GROWTH (October 2023 - October 2024)$166k(50.8%)
MAIN DESTINATION (October 2024)China$2.88M

This section shows Other Vegetable Residues'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 Vegetable Residues over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$91.4M
IMPORTS (2022)$8.31M
NET TRADE (2022)$83.1M

In 2022, Philippines exported $91.4M in Other Vegetable Residues. The main destinations of Philippines exports on Other Vegetable Residues were South Korea ($44.2M), China ($22.6M), India ($10.9M), Vietnam ($9.24M), and Chinese Taipei ($2.41M).

In 2022, Philippines imported $8.31M in Other Vegetable Residues, mainly from India ($4.5M), Malaysia ($3.01M), China ($369k), Ukraine ($227k), and United Kingdom ($135k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Vegetable Residues EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
South Korea$15.6M (54.4%)
China$8.88M (64.6%)
Chinese Taipei$503k (26.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Vegetable Residues BY Philippines WERE (2021 - 2022):
India-$17.1M (-61%)
Vietnam-$1.95M (-17.4%)
Japan-$404k (-23.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Other Vegetable Residues were:
In 2022, Philippines's main importing competitors in Other Vegetable Residues were:

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Trade Value of Other Vegetable Residues by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $15.6M
TOP IMPORT POTENTIALIndia+ $1.49M

Other Vegetable Residues’s highest export potential is China. With an export gap of $15.6M.   Other Vegetable Residues’s highest import potential is India with an import gap of $1.49M.

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