Protein concentrates and textured protein substances in Philippines

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Exports In 2022, Philippines exported N/A in Protein concentrates and textured protein substances, making it the 32nd largest exporter of Protein concentrates and textured protein substances in the world. At the same year, Protein concentrates and textured protein substances was the 528th most exported product in Philippines. The main destination of Protein concentrates and textured protein substances exports from Philippines are: Netherlands ($5.46M), United Kingdom ($1.5M), United States ($1.25M), Ireland ($962k), and Switzerland ($635k).

The fastest growing export markets for Protein concentrates and textured protein substances of Philippines between 2021 and 2022 were Netherlands ($830k), United States ($707k), and United Kingdom ($660k).

Imports In 2022, Philippines imported $62.9M in Protein concentrates and textured protein substances, becoming the 12th largest importer of Protein concentrates and textured protein substances in the world. At the same year, Protein concentrates and textured protein substances was the 429th most imported product in Philippines. Philippines imports Protein concentrates and textured protein substances primarily from: China ($33.9M), United States ($9.08M), Argentina ($8.82M), India ($4.04M), and Netherlands ($1.48M).

COMPANIES In 2023, leading companies such as Del Monte Foods (741), Yokohama Industries (278), and ABB Motors and Mechanical (197) were at the forefront of shipping Protein concentrates and textured protein substances from Philippines to the United States.

Latest Trends

June 2024

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Overview In June 2024 Philippines' Protein concentrates and textured protein substances exports accounted up to $429k and imports accounted up to $1.88M, resulting in a negative trade balance of $1.45M. Between June 2023 and June 2024 the exports of Philippines' Protein concentrates and textured protein substances have decreased by $-97.9k (-18.6%) from $527k to $429k, while imports decreased by $-3.95M (-67.7%) from $5.83M to $1.88M.

Destinations In June 2024, Protein concentrates and textured protein substances were exported mostly to Netherlands ($417k) and Vietnam ($12.1k), and were imported mostly from Argentina ($824k), United States ($357k), India ($273k), Netherlands ($176k), and South Korea ($114k).

Growth In June 2024, the decrease in Protein concentrates and textured protein substances's year-by-year exports was explained primarily by a decrease in exports to United Kingdom ($-72.9k or -45.8%). In June 2024, the decrease in Protein concentrates and textured protein substances's year-by-year imports was explained primarily by a decrease in imports from India ($-239k or -71.7%), South Korea ($-112k or -86.5%), and Netherlands ($-62.8k or -36%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)$-97.9k(-18.6%)

IMPORT GROWTH (June 2023 - June 2024)$-3.95M(-67.7%)

MAIN DESTINATION (June 2024)Netherlands$417k

This section shows Protein concentrates and textured protein substances'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 Protein concentrates and textured protein substances over time.

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