Preparations of vegetables, fruit, nuts or other plant parts in Philippines

About

Exports In 2022, Philippines exported $819M in Preparations of vegetables, fruit, nuts or other plant parts, making it the 24th largest exporter of Preparations of vegetables, fruit, nuts or other plant parts in the world. At the same year, Preparations of vegetables, fruit, nuts or other plant parts was the 16th most exported product in Philippines. The main destination of Preparations of vegetables, fruit, nuts or other plant parts exports from Philippines are: United States ($339M), China ($90.5M), Japan ($39.7M), South Korea ($37.6M), and Netherlands ($35.5M).

The fastest growing export markets for Preparations of vegetables, fruit, nuts or other plant parts of Philippines between 2021 and 2022 were United States ($74.5M), Australia ($6.32M), and Canada ($4.78M).

Imports In 2022, Philippines imported $561M in Preparations of vegetables, fruit, nuts or other plant parts, becoming the 28th largest importer of Preparations of vegetables, fruit, nuts or other plant parts in the world. At the same year, Preparations of vegetables, fruit, nuts or other plant parts was the 51st most imported product in Philippines. Philippines imports Preparations of vegetables, fruit, nuts or other plant parts primarily from: China ($208M), United States ($133M), India ($40.8M), Thailand ($34.9M), and Belgium ($28.1M).

The fastest growing import markets in Preparations of vegetables, fruit, nuts or other plant parts for Philippines between 2021 and 2022 were China ($61.4M), India ($22.6M), and United States ($20.7M).

COMPANIES In 2023, leading companies such as Del Monte Foods (690), Walong Marketing (2), and Chestnut Hill Farms (1) were at the forefront of shipping Preparations of vegetables, fruit, nuts or other plant parts from Philippines to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Preparations of vegetables, fruit, nuts or other plant parts exports accounted up to $52.4M and imports accounted up to $29.1M, resulting in a positive trade balance of $23.3M. Between June 2023 and June 2024 the exports of Philippines' Preparations of vegetables, fruit, nuts or other plant parts have decreased by $-17.6M (-25.1%) from $70M to $52.4M, while imports decreased by $-21.5M (-42.5%) from $50.7M to $29.1M.

Destinations In June 2024, Preparations of vegetables, fruit, nuts or other plant parts were exported mostly to United States ($22.5M), China ($6.37M), Japan ($2.84M), United Kingdom ($2.55M), and Canada ($2.43M), and were imported mostly from United States ($10.4M), India ($3.9M), Thailand ($2.49M), Netherlands ($2.43M), and Belgium ($1.8M).

Growth In June 2024, the decrease in Preparations of vegetables, fruit, nuts or other plant parts's year-by-year exports was explained primarily by a decrease in exports to United States ($-6.26M or -24.2%), Canada ($-1.26M or -53.5%), and Mexico ($-791k or -80.2%). In June 2024, the decrease in Preparations of vegetables, fruit, nuts or other plant parts's year-by-year imports was explained primarily by a decrease in imports from Thailand ($-1.19M or -61%), Spain ($-371k or -58.7%), and Singapore ($-181k or -95.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)$-17.6M(-25.1%)

IMPORT GROWTH (June 2023 - June 2024)$-21.5M(-42.5%)

MAIN DESTINATION (June 2024)United States$22.5M

This section shows Preparations of vegetables, fruit, nuts or other plant parts'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 Preparations of vegetables, fruit, nuts or other plant parts over time.

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