Vaccines, blood, antisera, toxins and cultures in Philippines | The Observatory of Economic Complexity

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Exports In 2023, Philippines exported $1.23M in Vaccines, blood, antisera, toxins and cultures, making it the 98th largest exporter of Vaccines, blood, antisera, toxins and cultures in the world. At the same year, Vaccines, blood, antisera, toxins and cultures was the 554th most exported product in Philippines. The main destination of Vaccines, blood, antisera, toxins and cultures exports from Philippines are: Hong Kong ($465k), Russia ($188k), China ($143k), Vietnam ($96.4k), and Belgium ($85.1k).

The fastest growing export markets for Vaccines, blood, antisera, toxins and cultures of Philippines between 2022 and 2023 were Russia ($188k), China ($82.9k), and Vietnam ($79.1k).

Imports In 2023, Philippines imported $498M in Vaccines, blood, antisera, toxins and cultures, becoming the 48th largest importer of Vaccines, blood, antisera, toxins and cultures in the world. At the same year, Vaccines, blood, antisera, toxins and cultures was the 51st most imported product in Philippines. Philippines imports Vaccines, blood, antisera, toxins and cultures primarily from: United States ($146M), India ($56.8M), Switzerland ($46.6M), France ($38.3M), and Germany ($36.7M).

The fastest growing import markets in Vaccines, blood, antisera, toxins and cultures for Philippines between 2022 and 2023 were Switzerland ($26.4M), India ($24.5M), and Sweden ($10.3M).

Latest Trends

May 2024

About

Overview In May 2024 Philippines' Vaccines, blood, antisera, toxins and cultures exports accounted up to $3.36k and imports accounted up to $43.4M, resulting in a negative trade balance of $43.4M. Between June 2022 and May 2024 the exports of Philippines' Vaccines, blood, antisera, toxins and cultures have increased by $2.06k (159%) from $1.29k to $3.36k, while imports decreased by $-985k (-2.22%) from $44.4M to $43.4M.

Destinations In May 2024, Vaccines, blood, antisera, toxins and cultures were exported mostly to , and were imported mostly from United States ($10.9M), India ($5.61M), Germany ($4.95M), Ireland ($4.66M), and France ($3.48M).

Growth In May 2024, the increase in Vaccines, blood, antisera, toxins and cultures's year-by-year exports was explained primarily by an increase in exports to . In July 2024, the decrease in Vaccines, blood, antisera, toxins and cultures's year-by-year imports was explained primarily by a decrease in imports from United States ($-113M or -92.1%), South Korea ($-73M or -96.5%), and Belgium ($-65.1M or -99.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2022 - May 2024)$2.06k(159%)

IMPORT GROWTH (July 2023 - July 2024)$-985k(-2.22%)

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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