Toluene in Philippines | The Observatory of Economic Complexity

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Exports In 2022, Philippines exported $58M in Toluene, making it the 15th largest exporter of Toluene in the world. At the same year, Toluene was the 172nd most exported product in Philippines. The main destination of Toluene exports from Philippines are: India ($25.3M), China ($15M), Singapore ($8.23M), Malaysia ($4.19M), and United States ($2.8M).

The fastest growing export markets for Toluene of Philippines between 2021 and 2022 were India ($12.8M), China ($9.25M), and Singapore ($5.18M).

Imports In 2022, Philippines imported $8.42M in Toluene, becoming the 37th largest importer of Toluene in the world. At the same year, Toluene was the 1559th most imported product in Philippines. Philippines imports Toluene primarily from: Saudi Arabia ($5.34M), South Korea ($1.04M), United Arab Emirates ($930k), Iraq ($843k), and Qatar ($233k).

The fastest growing import markets in Toluene for Philippines between 2021 and 2022 were Saudi Arabia ($2.77M), United Arab Emirates ($930k), and Iraq ($397k).

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 Toluene from Philippines to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Toluene exports accounted up to $36.1k and imports accounted up to $253k, resulting in a negative trade balance of $217k. Between March 2022 and June 2024 the exports of Philippines' Toluene have decreased by $-1.74M (-98%) from $1.77M to $36.1k, while imports increased by $29.6k (13.3%) from $223k to $253k.

Destinations In June 2024, Toluene were exported mostly to N/A, and were imported mostly from South Korea ($228k), Chinese Taipei ($23.6k), and United States ($740).

Growth In June 2024, the decrease in Toluene's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the increase in Toluene's year-by-year imports was explained primarily by an increase in imports from N/A.

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2022 - June 2024)$-1.74M(-98%)

IMPORT GROWTH (June 2023 - June 2024)$29.6k(13.3%)

This section shows Toluene'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 Toluene over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$58M

IMPORTS (2022)$8.42M

NET TRADE (2022)$49.5M

In 2022, Philippines exported $58M in Toluene. The main destinations of Philippines exports on Toluene were India ($25.3M), China ($15M), Singapore ($8.23M), Malaysia ($4.19M), and United States ($2.8M).

In 2022, Philippines imported $8.42M in Toluene, mainly from Saudi Arabia ($5.34M), South Korea ($1.04M), United Arab Emirates ($930k), Iraq ($843k), and Qatar ($233k).

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