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2023
Exports $462MWorld Rnk 9 / 194
Flag Rnk 36 / 1123
2023
Destination $6.14M China
2022 - 2023
FASTEST GROWING MARKET $6.14MCanada
2023
PRODUCT COMPLEXITY IN Tropical Fruits-1.78Rnk 981 / 1025
2023
Imports $3.8MWorld Rnk 104 / 222
Flag Rnk 830 / 1202
2023
Origin $232k Cambodia
2022 - 2023
FASTEST GROWING ORIGIN $232kSouth Africa
2023
ECONOMIC COMPLEXITY of Philippines0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $462M in Tropical Fruits, making it the 9th largest exporter of Tropical Fruits in the world. At the same year, Tropical Fruits was the 36th most exported product in Philippines. The main destination of Tropical Fruits exports from Philippines are: China ($176M), Japan ($117M), South Korea ($57.7M), United States ($26.4M), and United Arab Emirates ($21.8M).

The fastest growing export markets for Tropical Fruits of Philippines between 2022 and 2023 were Canada ($6.14M), China ($5.3M), and United States ($5.13M).

Imports In 2023, Philippines imported $3.8M in Tropical Fruits, becoming the 104th largest importer of Tropical Fruits in the world. At the same year, Tropical Fruits was the 830th most imported product in Philippines. Philippines imports Tropical Fruits primarily from: Cambodia ($2.91M), South Africa ($232k), United States ($180k), Thailand ($92.3k), and United Arab Emirates ($83.2k).

The fastest growing import markets in Tropical Fruits for Philippines between 2022 and 2023 were South Africa ($232k), Turkey ($44.7k), and Thailand ($36.3k).

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

July 2024

About

Overview In July 2024 Philippines' Tropical Fruits exports accounted up to $40.1M and imports accounted up to $87.6k, resulting in a positive trade balance of $40M. Between July 2023 and July 2024 the exports of Philippines'   Tropical Fruits have decreased by $-2.74M (-6.39%) from $42.8M to $40.1M, while imports decreased by $-68k (-43.7%) from $156k to $87.6k.

Destinations In July 2024, Tropical Fruits were exported mostly to China ($15.6M), Japan ($13.2M), South Korea ($5.12M), Hong Kong ($1.35M), and United Arab Emirates ($1.16M), and were imported mostly from Cambodia ($33.2k), Turkey ($26.7k), Pakistan ($17.5k), Thailand ($6.36k), and United States ($2.99k).

Growth In July 2024, 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 ($-28.9k or -97.9%). In July 2024, the decrease in Tropical Fruits's year-by-year imports was explained primarily by a decrease in imports from United States ($-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 (July 2023 - July 2024)$-2.74M(-6.39%)
IMPORT GROWTH (July 2023 - July 2024)$-68k(-43.7%)
MAIN DESTINATION (July 2024)China$15.6M

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 (2023)$462M
IMPORTS (2023)$3.8M
NET TRADE (2023)$458M

In 2023, Philippines exported $462M in Tropical Fruits. The main destinations of Philippines exports on Tropical Fruits were China ($176M), Japan ($117M), South Korea ($57.7M), United States ($26.4M), and United Arab Emirates ($21.8M).

In 2023, Philippines imported $3.8M in Tropical Fruits, mainly from Cambodia ($2.91M), South Africa ($232k), United States ($180k), Thailand ($92.3k), and United Arab Emirates ($83.2k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tropical Fruits EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
Canada$6.14M (184%)
China$5.3M (3.11%)
United States$5.13M (24.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tropical Fruits BY Philippines WERE (2022 - 2023):
South Korea-$7.16M (-11%)
United Arab Emirates-$7.13M (-24.6%)
Saudi Arabia-$4.17M (-42.3%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Philippines's main exporting competitors in Tropical Fruits were:
Mexico $4.04B
Costa Rica $1.65B
Peru $1.65B
In 2023, Philippines's main importing competitors in Tropical Fruits were:
United States $4.96B
Netherlands $1.54B
China $1.11B

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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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