Unsweetened Cocoa Powder in Philippines | The Observatory of Economic Complexity

About

Exports In 2022, Philippines exported $187k in Unsweetened Cocoa Powder, making it the 75th largest exporter of Unsweetened Cocoa Powder in the world. At the same year, Unsweetened Cocoa Powder was the 1886th most exported product in Philippines. The main destination of Unsweetened Cocoa Powder exports from Philippines are: Malaysia ($74.6k), United States ($30.9k), Indonesia ($23k), Macau ($10.7k), and Singapore ($7.15k).

The fastest growing export markets for Unsweetened Cocoa Powder of Philippines between 2021 and 2022 were United States ($12.6k), Macau ($10.2k), and United Kingdom ($6.11k).

Imports In 2022, Philippines imported $80.2M in Unsweetened Cocoa Powder, becoming the 12th largest importer of Unsweetened Cocoa Powder in the world. At the same year, Unsweetened Cocoa Powder was the 336th most imported product in Philippines. Philippines imports Unsweetened Cocoa Powder primarily from: Malaysia ($38.2M), Indonesia ($22.2M), Singapore ($13.6M), Netherlands ($3.07M), and United States ($1.03M).

The fastest growing import markets in Unsweetened Cocoa Powder for Philippines between 2021 and 2022 were Malaysia ($11.5M), Singapore ($3.07M), and Netherlands ($759k).

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 Unsweetened Cocoa Powder from Philippines to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Philippines' Unsweetened Cocoa Powder exports accounted up to $9.76k and imports accounted up to $16.9M, resulting in a negative trade balance of $16.9M. Between May 2023 and July 2024 the exports of Philippines' Unsweetened Cocoa Powder have decreased by $-55.4k (-85%) from $65.1k to $9.76k, while imports increased by $10.9M (182%) from $5.98M to $16.9M.

Destinations In July 2024, Unsweetened Cocoa Powder were exported mostly to N/A, and were imported mostly from Malaysia ($8.18M), Netherlands ($3.36M), Indonesia ($2.72M), Singapore ($1.9M), and Spain ($516k).

Growth In July 2024, the decrease in Unsweetened Cocoa Powder's year-by-year exports was explained primarily by a decrease in exports to . In July 2024, the increase in Unsweetened Cocoa Powder's year-by-year imports was explained primarily by an increase in imports from Singapore ($2.96M or 881%), Netherlands ($687k or 461%), and United States ($9.19k or 14.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (May 2023 - July 2024)$-55.4k(-85%)

IMPORT GROWTH (July 2023 - July 2024)$10.9M(182%)

This section shows Unsweetened Cocoa Powder'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 Unsweetened Cocoa Powder over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download