Petroleum Gas in Philippines | The Observatory of Economic Complexity

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Exports In 2022, Philippines exported $23.5M in Petroleum Gas, making it the 90th largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 239th most exported product in Philippines. The main destination of Petroleum Gas exports from Philippines are: Chinese Taipei ($11.1M), China ($9.83M), South Korea ($1.94M), Canada ($305k), and Hungary ($227k).

The fastest growing export markets for Petroleum Gas of Philippines between 2021 and 2022 were Chinese Taipei ($11.1M), Hungary ($227k), and Canada ($66.9k).

Imports In 2022, Philippines imported $1.31B in Petroleum Gas, becoming the 49th largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 19th most imported product in Philippines. Philippines imports Petroleum Gas primarily from: China ($267M), United Arab Emirates ($230M), Brunei ($190M), Saudi Arabia ($145M), and Kuwait ($88.9M).

The fastest growing import markets in Petroleum Gas for Philippines between 2021 and 2022 were United Arab Emirates ($61.3M), Malaysia ($51.6M), and Nigeria ($48M).

COMPANIES In 2020, leading companies such as were at the forefront of shipping Petroleum Gas from Philippines to the United States.

Latest Trends

July 2021

About

Overview In July 2021 Philippines' Petroleum Gas exports accounted up to $3.11M and imports accounted up to $119M, resulting in a negative trade balance of $116M. Between April 2020 and July 2021 the exports of Philippines' Petroleum Gas have increased by $3.1M (24.3k%) from $12.7k to $3.11M, while imports increased by $63.8M (116%) from $55.2M to $119M.

Destinations In July 2021, Petroleum Gas were exported mostly to , and were imported mostly from Brunei ($33.4M), Saudi Arabia ($18.7M), Qatar ($14.3M), Algeria ($13.8M), and Kuwait ($13.8M).

Growth In July 2021, the increase in Petroleum Gas's year-by-year exports was explained primarily by an increase in exports to United States ($11.8k or 152%). In August 2021, the increase in Petroleum Gas's year-by-year imports was explained primarily by an increase in imports from United Arab Emirates ($19.2M or 445%), Malaysia ($10.5M or 204%), and China ($1.45M or 19.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (April 2020 - July 2021)$3.1M(24.3k%)

IMPORT GROWTH (August 2020 - August 2021)$63.8M(116%)

MAIN DESTINATION (July 2021)

This section shows Petroleum Gas'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 Petroleum Gas over time.

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