Propylene Polymers in Philippines | The Observatory of Economic Complexity

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Exports In 2022, Philippines exported $64.1M in Propylene Polymers, making it the 45th largest exporter of Propylene Polymers in the world. At the same year, Propylene Polymers was the 149th most exported product in Philippines. The main destination of Propylene Polymers exports from Philippines are: Indonesia ($47.9M), China ($7.55M), Burma ($4.31M), Malaysia ($2.24M), and Vietnam ($661k).

The fastest growing export markets for Propylene Polymers of Philippines between 2021 and 2022 were Indonesia ($34.6M), Malaysia ($1.2M), and Thailand ($110k).

Imports In 2022, Philippines imported $351M in Propylene Polymers, becoming the 33rd largest importer of Propylene Polymers in the world. At the same year, Propylene Polymers was the 101st most imported product in Philippines. Philippines imports Propylene Polymers primarily from: China ($87.4M), Thailand ($61.5M), Singapore ($39.5M), Malaysia ($38.6M), and South Korea ($33.8M).

The fastest growing import markets in Propylene Polymers for Philippines between 2021 and 2022 were China ($23.5M), United Arab Emirates ($4.83M), and Hong Kong ($955k).

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

Latest Trends

August 2021

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Overview In August 2021 Philippines' Propylene Polymers exports accounted up to $2.47M and imports accounted up to $29.3M, resulting in a negative trade balance of $26.8M. Between August 2020 and August 2021 the exports of Philippines' Propylene Polymers have increased by $1.56M (170%) from $915k to $2.47M, while imports increased by $9.62M (48.9%) from $19.7M to $29.3M.

Destinations In August 2021, Propylene Polymers were exported mostly to Indonesia ($1.48M), China ($657k), Vietnam ($246k), Belgium ($70k), and Malaysia ($22.1k), and were imported mostly from Malaysia ($8.24M), Thailand ($5.85M), Singapore ($4.16M), South Korea ($2.31M), and Japan ($1.85M).

Growth In August 2021, the increase in Propylene Polymers's year-by-year exports was explained primarily by an increase in exports to Indonesia ($749k or 46.3%), Vietnam ($456k or 164k%), and Japan ($5.3k or 5.7k%). In August 2021, the increase in Propylene Polymers's year-by-year imports was explained primarily by an increase in imports from Chinese Taipei ($772k or 320%), China ($665k or 163%), and Malaysia ($599k or 22.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2020 - August 2021)$1.56M(170%)

IMPORT GROWTH (August 2020 - August 2021)$9.62M(48.9%)

MAIN DESTINATION (August 2021)Indonesia$1.48M

This section shows Propylene Polymers'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 Propylene Polymers over time.

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