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2022
Exports $16.3MWorld Rnk 57 / 167
Flag Rnk 287 / 1127
2022
Destination $103k Japan
2021 - 2022
FASTEST GROWING MARKET $103kVietnam
2022
PRODUCT COMPLEXITY IN Plywood-0.88Rnk 799 / 1025
2022
Imports $575MWorld Rnk 8 / 223
Flag Rnk 61 / 1201
2022
Origin $19.7M China
2021 - 2022
FASTEST GROWING ORIGIN $19.7MJapan
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $16.3M in Plywood, making it the 57th largest exporter of Plywood in the world. At the same year, Plywood was the 287th most exported product in Philippines. The main destination of Plywood exports from Philippines are: Japan ($15.5M), Vietnam ($249k), United States ($167k), Indonesia ($122k), and Chinese Taipei ($76.9k).

The fastest growing export markets for Plywood of Philippines between 2021 and 2022 were Vietnam ($103k), Indonesia ($49.2k), and Afghanistan ($30.9k).

Imports In 2022, Philippines imported $575M in Plywood, becoming the 8th largest importer of Plywood in the world. At the same year, Plywood was the 61st most imported product in Philippines. Philippines imports Plywood primarily from: China ($410M), Japan ($83.7M), Indonesia ($51M), Vietnam ($13.4M), and Malaysia ($10.4M).

The fastest growing import markets in Plywood for Philippines between 2021 and 2022 were Japan ($19.7M), Indonesia ($18.4M), and Vietnam ($1.43M).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Plywood exports accounted up to $489k and imports accounted up to $4.15M, resulting in a negative trade balance of $3.67M. Between June 2023 and June 2024 the exports of Philippines'   Plywood have decreased by $-3.21M (-86.8%) from $3.7M to $489k, while imports decreased by $-19.4M (-82.4%) from $23.6M to $4.15M.

Destinations In June 2024, Plywood were exported mostly to Japan ($445k), China ($28.4k), Austria ($8.07k), Finland ($5.48k), and Estonia ($1.96k), and were imported mostly from Japan ($3.09M), Vietnam ($996k), Germany ($47.9k), Sweden ($6.92k), and Austria ($6.1k).

Growth In June 2024, the decrease in Plywood's year-by-year exports was explained primarily by a decrease in exports to Japan ($-5.05M or -57.8%). In June 2024, the decrease in Plywood's year-by-year imports was explained primarily by a decrease in imports from Germany ($-836k or -94.7%) and Malaysia ($-174k or -15.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-3.21M(-86.8%)
IMPORT GROWTH (June 2023 - June 2024)$-19.4M(-82.4%)
MAIN DESTINATION (June 2024)Japan$445k

This section shows Plywood'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 Plywood over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$16.3M
IMPORTS (2022)$575M
NET TRADE (2022)-$558M

In 2022, Philippines exported $16.3M in Plywood. The main destinations of Philippines exports on Plywood were Japan ($15.5M), Vietnam ($249k), United States ($167k), Indonesia ($122k), and Chinese Taipei ($76.9k).

In 2022, Philippines imported $575M in Plywood, mainly from China ($410M), Japan ($83.7M), Indonesia ($51M), Vietnam ($13.4M), and Malaysia ($10.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Plywood EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Vietnam$103k (70.1%)
Indonesia$49.2k (67.7%)
Afghanistan$30.9k (261%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plywood BY Philippines WERE (2021 - 2022):
Japan-$27.9M (-64.3%)
South Korea-$362k (-93.6%)
Chinese Taipei-$353k (-82.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Plywood were:
China $5.46B
Indonesia $2.61B
Russia $1.28B
In 2022, Philippines's main importing competitors in Plywood were:
United States $4.14B
Japan $1.84B
Germany $1.32B

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Trade Value of Plywood by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $1.42M
TOP IMPORT POTENTIALIndonesia+ $17.8M

Plywood’s highest export potential is Japan. With an export gap of $1.42M.   Plywood’s highest import potential is Indonesia with an import gap of $17.8M.

See methodology.

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