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2022
Exports $7.68MWorld Rnk 45 / 151
Flag Rnk 370 / 1127
2022
Destination $175k United Arab Emirates
2021 - 2022
FASTEST GROWING MARKET $175kQatar
2022
PRODUCT COMPLEXITY IN Sausages0.15Rnk 503 / 1025
2022
Imports $14.3MWorld Rnk 58 / 221
Flag Rnk 653 / 1201
2022
Origin $138k United States
2021 - 2022
FASTEST GROWING ORIGIN $138kTurkey
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $7.68M in Sausages, making it the 45th largest exporter of Sausages in the world. At the same year, Sausages was the 370th most exported product in Philippines. The main destination of Sausages exports from Philippines are: United Arab Emirates ($3.68M), Qatar ($1.65M), Kuwait ($700k), Bahrain ($367k), and Hong Kong ($293k).

The fastest growing export markets for Sausages of Philippines between 2021 and 2022 were Qatar ($175k), Australia ($122k), and Macau ($120k).

Imports In 2022, Philippines imported $14.3M in Sausages, becoming the 58th largest importer of Sausages in the world. At the same year, Sausages was the 653rd most imported product in Philippines. Philippines imports Sausages primarily from: United States ($11.8M), South Korea ($1.41M), Italy ($358k), Spain ($159k), and Turkey ($141k).

The fastest growing import markets in Sausages for Philippines between 2021 and 2022 were Turkey ($138k), Japan ($60.3k), and Chinese Taipei ($50.2k).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Sausages exports accounted up to $948k and imports accounted up to $270k, resulting in a positive trade balance of $679k. Between June 2023 and June 2024 the exports of Philippines'   Sausages have increased by $772k (437%) from $177k to $948k, while imports increased by $191k (245%) from $78.2k to $270k.

Destinations In June 2024, Sausages were exported mostly to United Arab Emirates ($478k), Qatar ($211k), Saudi Arabia ($109k), Bahrain ($48.6k), and Kiribati ($43.3k), and were imported mostly from United States ($250k), Italy ($12.8k), Spain ($2.71k), Japan ($2.03k), and Singapore ($1.5k).

Growth In June 2024, the increase in Sausages's year-by-year exports was explained primarily by an increase in exports to United Arab Emirates ($427k or 325%) and Hong Kong ($47.1k or 790%). In June 2024, the increase in Sausages's year-by-year imports was explained primarily by an increase in imports from Australia ($50.8k or 2.33k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$772k(437%)
IMPORT GROWTH (June 2023 - June 2024)$191k(245%)
MAIN DESTINATION (June 2024)United Arab Emirates$478k

This section shows Sausages'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 Sausages over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$7.68M
IMPORTS (2022)$14.3M
NET TRADE (2022)-$6.6M

In 2022, Philippines exported $7.68M in Sausages. The main destinations of Philippines exports on Sausages were United Arab Emirates ($3.68M), Qatar ($1.65M), Kuwait ($700k), Bahrain ($367k), and Hong Kong ($293k).

In 2022, Philippines imported $14.3M in Sausages, mainly from United States ($11.8M), South Korea ($1.41M), Italy ($358k), Spain ($159k), and Turkey ($141k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sausages EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Qatar$175k (11.9%)
Australia$122k (233%)
Macau$120k (227%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sausages BY Philippines WERE (2021 - 2022):
United Arab Emirates-$291k (-7.32%)
Malaysia-$75.7k (-75.1%)
Chinese Taipei-$40.1k (-55.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Sausages were:
Germany $864M
United States $759M
Italy $723M
In 2022, Philippines's main importing competitors in Sausages were:
Germany $811M
United Kingdom $754M
France $467M

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Trade Value of Sausages by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALHong Kong+ $168k
TOP IMPORT POTENTIALItaly+ $467k

Sausages’s highest export potential is Hong Kong. With an export gap of $168k.   Sausages’s highest import potential is Italy with an import gap of $467k.

See methodology.

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