Petroleum Gas in Philippines 2021 Exports | Imports : $43.2M | $1.29B, World Rnk 80 / 165 Rnk 177 / 1111 | World Rnk 39 / 221 Rnk 16 / 1203
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $19.1M | $194M, China | Brunei
2021 ECONOMIC COMPLEXITY of Philippines: 0.72, Rnk 37 / 131
2021 PRODUCT COMPLEXITY IN Petroleum Gas: -2, Rnk 1002 / 1029
Exports In 2021, Philippines exported $43.2M in Petroleum Gas, making it the 80th largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 177th most exported product in Philippines. The main destination of Petroleum Gas exports from Philippines are: China ($20.8M), South Korea ($17.6M), Japan ($1.57M), Malaysia ($1.37M), and Singapore ($1.3M).
The fastest growing export markets for Petroleum Gas of Philippines between 2020 and 2021 were China ($19.1M), South Korea ($13.8M), and Japan ($1.55M).
Imports In 2021, Philippines imported $1.29B in Petroleum Gas, becoming the 39th largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 16th most imported product in Philippines. Philippines imports Petroleum Gas primarily from: Brunei ($312M), China ($259M), Saudi Arabia ($169M), United Arab Emirates ($168M), and Qatar ($97.5M).
The fastest growing import markets in Petroleum Gas for Philippines between 2020 and 2021 were Brunei ($194M), Saudi Arabia ($125M), and China ($101M).
July 2021
Overview In July 2021 Philippines' Petroleum Gas exports accounted up to N/A3.11M and imports accounted up to N/A119M, resulting in a negative trade balance of N/A116M. Between April 2020 and July 2021 the exports of Philippines' Petroleum Gas have increased by N/A3.1M (24.3k%) from N/A12.7k to N/A3.11M, while imports increased by N/A63.8M (116%) from N/A55.2M to N/A119M.
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%).
EXPORT GROWTH (April 2020 - July 2021): N/A3.1M, (24.3k%)
IMPORT GROWTH (August 2020 - August 2021): N/A63.8M, (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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EXPORTS (2021): $43.2M
IMPORTS (2021): $1.29B
NET TRADE (2021): -$1.24B
In 2021, Philippines exported $43.2M in Petroleum Gas. The main destinations of Philippines exports on Petroleum Gas were China ($20.8M), South Korea ($17.6M), Japan ($1.57M), Malaysia ($1.37M), and Singapore ($1.3M).
In 2021, Philippines imported $1.29B in Petroleum Gas, mainly from Brunei ($312M), China ($259M), Saudi Arabia ($169M), United Arab Emirates ($168M), and Qatar ($97.5M).
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Philippines WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Philippines WERE (2020 - 2021):
In 2021, Philippines's main exporting competitors in Petroleum Gas were:
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