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2022
Exports $429MWorld Rnk 8 / 192
Flag Rnk 35 / 1127
2022
Destination $31.6M China
2021 - 2022
FASTEST GROWING MARKET $31.6MChina
2022
PRODUCT COMPLEXITY IN Tropical Fruits-1.79Rnk 981 / 1025
2022
Imports $4.16MWorld Rnk 104 / 217
Flag Rnk 845 / 1201
2022
Origin $196k Cambodia
2021 - 2022
FASTEST GROWING ORIGIN $196kUnited Arab Emirates
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $429M in Tropical Fruits, making it the 8th largest exporter of Tropical Fruits in the world. At the same year, Tropical Fruits was the 35th most exported product in Philippines. The main destination of Tropical Fruits exports from Philippines are: China ($155M), Japan ($117M), South Korea ($63.5M), United Arab Emirates ($26.5M), and Hong Kong ($16.9M).

The fastest growing export markets for Tropical Fruits of Philippines between 2021 and 2022 were China ($31.6M), South Korea ($10.6M), and United Arab Emirates ($8.23M).

Imports In 2022, Philippines imported $4.16M in Tropical Fruits, becoming the 104th largest importer of Tropical Fruits in the world. At the same year, Tropical Fruits was the 845th most imported product in Philippines. Philippines imports Tropical Fruits primarily from: Cambodia ($3.31M), United States ($243k), United Arab Emirates ($233k), Vietnam ($127k), and Thailand ($58.1k).

The fastest growing import markets in Tropical Fruits for Philippines between 2021 and 2022 were United Arab Emirates ($196k), Vietnam ($64.4k), and Pakistan ($18.9k).

COMPANIES In 2023, leading companies such as Chestnut Hill Farms (144) and Walong Marketing (1) were at the forefront of shipping Tropical Fruits from Philippines to the United States.

Latest Trends

December 2023

About

Overview In December 2023 Philippines' Tropical Fruits exports accounted up to $31.4M and imports accounted up to $33.2k, resulting in a positive trade balance of $31.3M. Between December 2022 and December 2023 the exports of Philippines'   Tropical Fruits have decreased by $-1.55M (-4.72%) from $32.9M to $31.4M, while imports decreased by $-568k (-94.5%) from $601k to $33.2k.

Destinations In December 2023, Tropical Fruits were exported mostly to , and were imported mostly from .

Growth In December 2023, the decrease in Tropical Fruits's year-by-year exports was explained primarily by a decrease in exports to Saudi Arabia ($-139k or -40.2%), Chinese Taipei ($-51.2k or -25.2%), and Guam ($-28.9k or -97.9%). In December 2023, the decrease in Tropical Fruits's year-by-year imports was explained primarily by a decrease in imports from United States ($-24k or -99.3%), Mexico ($-6.94k or -93.4%), and United Arab Emirates ($-205 or -0.96%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2022 - December 2023)$-1.55M(-4.72%)
IMPORT GROWTH (December 2022 - December 2023)$-568k(-94.5%)
MAIN DESTINATION (December 2023)

This section shows Tropical Fruits'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 Tropical Fruits over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$429M
IMPORTS (2022)$4.16M
NET TRADE (2022)$424M

In 2022, Philippines exported $429M in Tropical Fruits. The main destinations of Philippines exports on Tropical Fruits were China ($155M), Japan ($117M), South Korea ($63.5M), United Arab Emirates ($26.5M), and Hong Kong ($16.9M).

In 2022, Philippines imported $4.16M in Tropical Fruits, mainly from Cambodia ($3.31M), United States ($243k), United Arab Emirates ($233k), Vietnam ($127k), and Thailand ($58.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tropical Fruits EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
China$31.6M (25.6%)
South Korea$10.6M (19.9%)
United Arab Emirates$8.23M (45.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tropical Fruits BY Philippines WERE (2021 - 2022):
United States-$29.4M (-75.9%)
Japan-$7.89M (-6.34%)
Hong Kong-$1.04M (-5.79%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Tropical Fruits were:
Mexico $3.9B
Peru $1.32B
Netherlands $1.25B
In 2022, Philippines's main importing competitors in Tropical Fruits were:
United States $4.75B
Netherlands $1.3B
China $862M

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Trade Value of Tropical Fruits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $21M
TOP IMPORT POTENTIALUnited States+ $187k

Tropical Fruits’s highest export potential is United States. With an export gap of $21M.   Tropical Fruits’s highest import potential is United States with an import gap of $187k.

See methodology.

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