2022
Exports
$1.62MWorld Rnk 101 / 208
Flag Rnk 553 / 1127
2022
PRODUCT COMPLEXITY IN Vaccines, blood, antisera, toxins and cultures
1.38Rnk 75 / 1025
2022
Imports
$722MWorld Rnk 46 / 225
Flag Rnk 44 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $1.62M in Vaccines, blood, antisera, toxins and cultures, making it the 101st largest exporter of Vaccines, blood, antisera, toxins and cultures in the world. At the same year, Vaccines, blood, antisera, toxins and cultures was the 553rd most exported product in Philippines. The main destination of Vaccines, blood, antisera, toxins and cultures exports from Philippines are: Singapore ($827k), Hong Kong ($461k), South Korea ($70.9k), China ($59.7k), and Ireland ($33.7k).

The fastest growing export markets for Vaccines, blood, antisera, toxins and cultures of Philippines between 2021 and 2022 were Singapore ($810k), China ($57.5k), and Panama ($29.3k).

Imports In 2022, Philippines imported $722M in Vaccines, blood, antisera, toxins and cultures, becoming the 46th largest importer of Vaccines, blood, antisera, toxins and cultures in the world. At the same year, Vaccines, blood, antisera, toxins and cultures was the 44th most imported product in Philippines. Philippines imports Vaccines, blood, antisera, toxins and cultures primarily from: United States ($177M), Belgium ($109M), Germany ($87.8M), France ($58.8M), and Spain ($53.6M).

The fastest growing import markets in Vaccines, blood, antisera, toxins and cultures for Philippines between 2021 and 2022 were Spain ($42.5M), Netherlands ($10.4M), and India ($4.33M).

Latest Trends

May 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2022 - May 2024)$2.06k(159%)
IMPORT GROWTH (August 2023 - August 2024)$8.9M(23%)
MAIN DESTINATION (May 2024)

This section shows Vaccines, blood, antisera, toxins and cultures'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 Vaccines, blood, antisera, toxins and cultures over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.62M
IMPORTS (2022)$722M
NET TRADE (2022)-$720M

In 2022, Philippines exported $1.62M in Vaccines, blood, antisera, toxins and cultures. The main destinations of Philippines exports on Vaccines, blood, antisera, toxins and cultures were Singapore ($827k), Hong Kong ($461k), South Korea ($70.9k), China ($59.7k), and Ireland ($33.7k).

In 2022, Philippines imported $722M in Vaccines, blood, antisera, toxins and cultures, mainly from United States ($177M), Belgium ($109M), Germany ($87.8M), France ($58.8M), and Spain ($53.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vaccines, blood, antisera, toxins and cultures EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Singapore$810k (4.58k%)
China$57.5k (2.71k%)
Panama$29.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vaccines, blood, antisera, toxins and cultures BY Philippines WERE (2021 - 2022):
Netherlands-$306k (-96%)
Vietnam-$144k (-89.3%)
Papua New Guinea-$41.2k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Vaccines, blood, antisera, toxins and cultures were:
In 2022, Philippines's main importing competitors in Vaccines, blood, antisera, toxins and cultures were:

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Trade Value of Vaccines, blood, antisera, toxins and cultures by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $490k
TOP IMPORT POTENTIALUnited States+ $41.9M

Vaccines, blood, antisera, toxins and cultures’s highest export potential is Singapore. With an export gap of $490k.   Vaccines, blood, antisera, toxins and cultures’s highest import potential is United States with an import gap of $41.9M.

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