2022
Exports
$19.4MWorld Rnk 48 / 143
Flag Rnk 260 / 1127
2022
PRODUCT COMPLEXITY IN Styrene Polymers
0.75Rnk 262 / 1025
2022
Imports
$232MWorld Rnk 27 / 205
Flag Rnk 143 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $19.4M in Styrene Polymers, making it the 48th largest exporter of Styrene Polymers in the world. At the same year, Styrene Polymers was the 260th most exported product in Philippines. The main destination of Styrene Polymers exports from Philippines are: China ($15.1M), Chinese Taipei ($1.32M), South Korea ($1.04M), Japan ($849k), and Malaysia ($287k).

The fastest growing export markets for Styrene Polymers of Philippines between 2021 and 2022 were South Korea ($1.03M), Chinese Taipei ($834k), and Japan ($647k).

Imports In 2022, Philippines imported $232M in Styrene Polymers, becoming the 27th largest importer of Styrene Polymers in the world. At the same year, Styrene Polymers was the 143rd most imported product in Philippines. Philippines imports Styrene Polymers primarily from: Chinese Taipei ($56.2M), South Korea ($39.6M), China ($29.1M), Thailand ($22.6M), and Malaysia ($22.1M).

The fastest growing import markets in Styrene Polymers for Philippines between 2021 and 2022 were Chinese Taipei ($8.69M), China ($8.65M), and Hong Kong ($4.44M).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-520k(-88.7%)
IMPORT GROWTH (July 2023 - July 2024)$5.11M(39.7%)
MAIN DESTINATION (June 2024)

This section shows Styrene 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 Styrene Polymers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$19.4M
IMPORTS (2022)$232M
NET TRADE (2022)-$213M

In 2022, Philippines exported $19.4M in Styrene Polymers. The main destinations of Philippines exports on Styrene Polymers were China ($15.1M), Chinese Taipei ($1.32M), South Korea ($1.04M), Japan ($849k), and Malaysia ($287k).

In 2022, Philippines imported $232M in Styrene Polymers, mainly from Chinese Taipei ($56.2M), South Korea ($39.6M), China ($29.1M), Thailand ($22.6M), and Malaysia ($22.1M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Styrene Polymers EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
South Korea$1.03M (9.49k%)
Chinese Taipei$834k (171%)
Japan$647k (319%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Styrene Polymers BY Philippines WERE (2021 - 2022):
Hong Kong-$827k (-82.2%)
Thailand-$201k (-99.3%)
Israel-$162k (-82.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Styrene Polymers were:
In 2022, Philippines's main importing competitors in Styrene Polymers were:

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Trade Value of Styrene Polymers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $12.2M
TOP IMPORT POTENTIALSouth Korea+ $9.53M

Styrene Polymers’s highest export potential is China. With an export gap of $12.2M.   Styrene Polymers’s highest import potential is South Korea with an import gap of $9.53M.

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