Sulphuric acid, oleum in Philippines | The Observatory of Economic Complexity

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Exports In 2022, Philippines exported $47.8M in Sulphuric acid, oleum, making it the 16th largest exporter of Sulphuric acid, oleum in the world. At the same year, Sulphuric acid, oleum was the 205th most exported product in Philippines. The main destination of Sulphuric acid, oleum exports from Philippines are: India ($27.1M), Thailand ($12M), Malaysia ($3.63M), Chile ($2.17M), and Singapore ($1.46M).

The fastest growing export markets for Sulphuric acid, oleum of Philippines between 2021 and 2022 were India ($12.2M), Thailand ($8.64M), and Chile ($2.17M).

Imports In 2022, Philippines imported $179M in Sulphuric acid, oleum, becoming the 6th largest importer of Sulphuric acid, oleum in the world. At the same year, Sulphuric acid, oleum was the 150th most imported product in Philippines. Philippines imports Sulphuric acid, oleum primarily from: Japan ($83.2M), Indonesia ($47.5M), South Korea ($18.8M), China ($6.09M), and Chinese Taipei ($5.54M).

The fastest growing import markets in Sulphuric acid, oleum for Philippines between 2021 and 2022 were Japan ($49.8M), Indonesia ($35.1M), and South Korea ($14M).

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 Sulphuric acid, oleum from Philippines to the United States.

Latest Trends

April 2024

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Overview In April 2024 Philippines' Sulphuric acid, oleum exports accounted up to $580k and imports accounted up to $4.97M, resulting in a negative trade balance of $4.39M. Between April 2023 and April 2024 the exports of Philippines' Sulphuric acid, oleum have increased by $473k (443%) from $107k to $580k, while imports decreased by $-783k (-13.6%) from $5.75M to $4.97M.

Destinations In April 2024, Sulphuric acid, oleum were exported mostly to , and were imported mostly from Japan ($4.82M), South Korea ($86.9k), Chinese Taipei ($26.1k), Thailand ($11.6k), and India ($10.3k).

Growth In April 2024, the increase in Sulphuric acid, oleum's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the decrease in Sulphuric acid, oleum's year-by-year imports was explained primarily by a decrease in imports from Japan ($-747k or -14.5%) and Thailand ($-10.6k or -67.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (April 2023 - April 2024)$473k(443%)

IMPORT GROWTH (June 2023 - June 2024)$-783k(-13.6%)

MAIN DESTINATION (April 2024)

This section shows Sulphuric acid, oleum'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 Sulphuric acid, oleum over time.

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