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2022
Exports $8.95MWorld Rnk 68 / 197
Flag Rnk 352 / 1127
2022
Destination $209k Japan
2021 - 2022
FASTEST GROWING MARKET $209kSouth Korea
2022
PRODUCT COMPLEXITY IN Other Vegetables-1.01Rnk 842 / 1025
2022
Imports $6.22MWorld Rnk 75 / 220
Flag Rnk 800 / 1201
2022
Origin $420k China
2021 - 2022
FASTEST GROWING ORIGIN $420kChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $8.95M in Other Vegetables, making it the 68th largest exporter of Other Vegetables in the world. At the same year, Other Vegetables was the 352nd most exported product in Philippines. The main destination of Other Vegetables exports from Philippines are: Japan ($8.19M), South Korea ($362k), United States ($164k), Hong Kong ($83.1k), and Canada ($57.5k).

The fastest growing export markets for Other Vegetables of Philippines between 2021 and 2022 were South Korea ($209k), Kuwait ($41.7k), and United States ($28.1k).

Imports In 2022, Philippines imported $6.22M in Other Vegetables, becoming the 75th largest importer of Other Vegetables in the world. At the same year, Other Vegetables was the 800th most imported product in Philippines. Philippines imports Other Vegetables primarily from: China ($5.46M), South Korea ($157k), Australia ($133k), France ($90.6k), and Malaysia ($86.4k).

The fastest growing import markets in Other Vegetables for Philippines between 2021 and 2022 were China ($420k), Australia ($85.1k), and Spain ($77.3k).

Latest Trends

December 2023

About

Overview In December 2023 Philippines' Other Vegetables exports accounted up to $416k and imports accounted up to $434k, resulting in a negative trade balance of $18.6k. Between December 2022 and December 2023 the exports of Philippines'   Other Vegetables have decreased by $-217k (-34.3%) from $633k to $416k, while imports decreased by $-146k (-25.1%) from $580k to $434k.

Destinations In December 2023, Other Vegetables were exported mostly to , and were imported mostly from .

Growth In December 2023, the decrease in Other Vegetables's year-by-year exports was explained primarily by a decrease in exports to Japan ($-804k or -64.3%), South Korea ($-25.6k or -72.7%), and Hong Kong ($-2.49k or -62.4%). In December 2023, the decrease in Other Vegetables's year-by-year imports was explained primarily by a decrease in imports from China ($-11k or -2.48%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2022 - December 2023)$-217k(-34.3%)
IMPORT GROWTH (December 2022 - December 2023)$-146k(-25.1%)
MAIN DESTINATION (December 2023)

This section shows Other Vegetables'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 Vegetables over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.95M
IMPORTS (2022)$6.22M
NET TRADE (2022)$2.73M

In 2022, Philippines exported $8.95M in Other Vegetables. The main destinations of Philippines exports on Other Vegetables were Japan ($8.19M), South Korea ($362k), United States ($164k), Hong Kong ($83.1k), and Canada ($57.5k).

In 2022, Philippines imported $6.22M in Other Vegetables, mainly from China ($5.46M), South Korea ($157k), Australia ($133k), France ($90.6k), and Malaysia ($86.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Vegetables EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
South Korea$209k (136%)
Kuwait$41.7k (949%)
United States$28.1k (20.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Vegetables BY Philippines WERE (2021 - 2022):
Japan-$4.61M (-36%)
Brunei-$38.3k (-100%)
Hong Kong-$34.6k (-29.4%)
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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 Vegetables were:
Mexico $3.24B
Spain $2.81B
Netherlands $1.89B
In 2022, Philippines's main importing competitors in Other Vegetables were:
United States $4.28B
Germany $2.09B
United Kingdom $1.25B

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Trade Value of Other Vegetables by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $264k
TOP IMPORT POTENTIALChina+ $1.12M

Other Vegetables’s highest export potential is South Korea. With an export gap of $264k.   Other Vegetables’s highest import potential is China with an import gap of $1.12M.

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