Salt in Philippines | The Observatory of Economic Complexity

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Exports In 2022, Philippines exported $146k in Salt, making it the 108th largest exporter of Salt in the world. At the same year, Salt was the 802nd most exported product in Philippines. The main destination of Salt exports from Philippines are: Chile ($77.6k), Japan ($38.9k), United States ($26.6k), Malaysia ($2.56k), and South Korea ($240).

The fastest growing export markets for Salt of Philippines between 2021 and 2022 were Chile ($77.6k), Malaysia ($670), and South Korea ($240).

Imports In 2022, Philippines imported $37.3M in Salt, becoming the 27th largest importer of Salt in the world. At the same year, Salt was the 447th most imported product in Philippines. Philippines imports Salt primarily from: Australia ($21M), China ($10.6M), Mexico ($2.66M), Thailand ($1.31M), and New Zealand ($477k).

The fastest growing import markets in Salt for Philippines between 2021 and 2022 were China ($3.78M), Australia ($1.67M), and Mexico ($374k).

Latest Trends

August 2021

About

Overview In August 2021 Philippines' Salt exports accounted up to $5.02k and imports accounted up to $2.17M, resulting in a negative trade balance of $2.17M. Between August 2020 and August 2021 the exports of Philippines' Salt have decreased by $-109 (-2.13%) from $5.13k to $5.02k, while imports increased by $21.6k (1%) from $2.15M to $2.17M.

Destinations In August 2021, Salt were exported mostly to Japan ($5.02k), and were imported mostly from Australia ($1.48M), China ($517k), Thailand ($97k), New Zealand ($47.6k), and Germany ($12.8k).

Growth In August 2021, the decrease in Salt's year-by-year exports was explained primarily by a decrease in exports to . In August 2021, the increase in Salt's year-by-year imports was explained primarily by an increase in imports from United States ($2.02k or 126%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2020 - August 2021)$-109(-2.13%)

IMPORT GROWTH (August 2020 - August 2021)$21.6k(1%)

MAIN DESTINATION (August 2021)Japan$5.02k

This section shows Salt'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 Salt over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$146k

IMPORTS (2022)$37.3M

NET TRADE (2022)-$37.2M

In 2022, Philippines exported $146k in Salt. The main destinations of Philippines exports on Salt were Chile ($77.6k), Japan ($38.9k), United States ($26.6k), Malaysia ($2.56k), and South Korea ($240).

In 2022, Philippines imported $37.3M in Salt, mainly from Australia ($21M), China ($10.6M), Mexico ($2.66M), Thailand ($1.31M), and New Zealand ($477k).

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