Petroleum Jelly in Philippines 2021 Exports | Imports : $522k | $20.9M, World Rnk 63 / 142 Rnk 655 / 1111 | World Rnk 41 / 209 Rnk 538 / 1203
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $55.2k | $9.38M, Japan | China
2021 ECONOMIC COMPLEXITY of Philippines: 0.72, Rnk 37 / 131
2021 PRODUCT COMPLEXITY IN Petroleum Jelly: -0.24, Rnk 633 / 1024
Exports In 2021, Philippines exported $522k in Petroleum Jelly, making it the 63rd largest exporter of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 655th most exported product in Philippines. The main destination of Petroleum Jelly exports from Philippines are: Japan ($430k), United States ($88.2k), Vietnam ($2.87k), Thailand ($660), and France ($654).
The fastest growing export markets for Petroleum Jelly of Philippines between 2020 and 2021 were Japan ($55.2k), Vietnam ($2.87k), and France ($654).
Imports In 2021, Philippines imported $20.9M in Petroleum Jelly, becoming the 41st largest importer of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 538th most imported product in Philippines. Philippines imports Petroleum Jelly primarily from: China ($16.6M), United States ($1.12M), Malaysia ($828k), Netherlands ($616k), and India ($500k).
The fastest growing import markets in Petroleum Jelly for Philippines between 2020 and 2021 were China ($9.38M), Malaysia ($479k), and Netherlands ($388k).
August 2021
Overview In August 2021 Philippines' Petroleum Jelly exports accounted up to N/A62.1k and imports accounted up to N/A532k, resulting in a negative trade balance of N/A470k. Between August 2020 and August 2021 the exports of Philippines' Petroleum Jelly have increased by N/A7.13k (13%) from N/A55k to N/A62.1k, while imports decreased by N/A-177k (-24.9%) from N/A709k to N/A532k.
Destinations In August 2021, Petroleum Jelly were exported mostly to Japan ($49.4k) and United States ($12.7k), and were imported mostly from China ($207k), United States ($140k), Malaysia ($72.1k), Singapore ($51.3k), and Japan ($39.4k).
Growth In August 2021, the increase in Petroleum Jelly's year-by-year exports was explained primarily by an increase in exports to . In August 2021, the decrease in Petroleum Jelly's year-by-year imports was explained primarily by a decrease in imports from United States ($-59.9k or -45.4%), Italy ($-41.7k or -36.8%), and Germany ($-35.7k or -37.8%).
EXPORT GROWTH (August 2020 - August 2021): N/A7.13k, (13%)
IMPORT GROWTH (August 2020 - August 2021): N/A-177k, (-24.9%)
MAIN DESTINATION (August 2021): Japan, $49.4k
This section shows Petroleum Jelly'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 Jelly over time.
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EXPORTS (2021): $522k
IMPORTS (2021): $20.9M
NET TRADE (2021): -$20.4M
In 2021, Philippines exported $522k in Petroleum Jelly. The main destinations of Philippines exports on Petroleum Jelly were Japan ($430k), United States ($88.2k), Vietnam ($2.87k), Thailand ($660), and France ($654).
In 2021, Philippines imported $20.9M in Petroleum Jelly, mainly from China ($16.6M), United States ($1.12M), Malaysia ($828k), Netherlands ($616k), and India ($500k).
THE FASTEST GROWING Petroleum Jelly EXPORT MARKETS FOR Philippines WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Jelly BY Philippines WERE (2020 - 2021):
In 2021, Philippines's main exporting competitors in Petroleum Jelly were:
In 2021, Philippines's main importing competitors in Petroleum Jelly were:
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