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Pricing

2022
Exports $12.4MWorld Rnk 13 / 148
Flag Rnk 309 / 1127
2022
Destination $1.6M United States
2021 - 2022
FASTEST GROWING MARKET $1.6MUnited Arab Emirates
2022
PRODUCT COMPLEXITY IN Vinegar0.2Rnk 488 / 1025
2022
Imports $7.01MWorld Rnk 24 / 223
Flag Rnk 780 / 1201
2022
Origin $2.99M United States
2021 - 2022
FASTEST GROWING ORIGIN $2.99MUnited States
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $12.4M in Vinegar, making it the 13th largest exporter of Vinegar in the world. At the same year, Vinegar was the 309th most exported product in Philippines. The main destination of Vinegar exports from Philippines are: United States ($3.68M), United Arab Emirates ($2.41M), Canada ($1.24M), Saudi Arabia ($772k), and Kuwait ($623k).

The fastest growing export markets for Vinegar of Philippines between 2021 and 2022 were United Arab Emirates ($1.6M), United States ($756k), and Canada ($374k).

Imports In 2022, Philippines imported $7.01M in Vinegar, becoming the 24th largest importer of Vinegar in the world. At the same year, Vinegar was the 780th most imported product in Philippines. Philippines imports Vinegar primarily from: United States ($5.69M), Italy ($378k), China ($260k), Japan ($227k), and South Korea ($120k).

The fastest growing import markets in Vinegar for Philippines between 2021 and 2022 were United States ($2.99M), Italy ($134k), and Japan ($101k).

Latest Trends

August 2024

About

Overview In August 2024 Philippines' Vinegar exports accounted up to $1.56M and imports accounted up to $258k, resulting in a positive trade balance of $1.3M. Between August 2023 and August 2024 the exports of Philippines'   Vinegar have increased by $744k (90.9%) from $819k to $1.56M, while imports increased by $71.5k (38.4%) from $186k to $258k.

Destinations In August 2024, Vinegar were exported mostly to United States ($287k), United Arab Emirates ($279k), Saudi Arabia ($272k), Canada ($194k), and Australia ($118k), and were imported mostly from United States ($122k), China ($66.2k), Italy ($33.4k), Japan ($14.4k), and Thailand ($10.9k).

Growth In August 2024, the increase in Vinegar's year-by-year exports was explained primarily by an increase in exports to United Arab Emirates ($75.5k or 179%), Saudi Arabia ($47k or 323%), and Singapore ($42.9k or 1.32k%). In August 2024, the increase in Vinegar's year-by-year imports was explained primarily by an increase in imports from United States ($175k or 57.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$744k(90.9%)
IMPORT GROWTH (August 2023 - August 2024)$71.5k(38.4%)
MAIN DESTINATION (August 2024)United States$287k

This section shows Vinegar'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 Vinegar over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$12.4M
IMPORTS (2022)$7.01M
NET TRADE (2022)$5.35M

In 2022, Philippines exported $12.4M in Vinegar. The main destinations of Philippines exports on Vinegar were United States ($3.68M), United Arab Emirates ($2.41M), Canada ($1.24M), Saudi Arabia ($772k), and Kuwait ($623k).

In 2022, Philippines imported $7.01M in Vinegar, mainly from United States ($5.69M), Italy ($378k), China ($260k), Japan ($227k), and South Korea ($120k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vinegar EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United Arab Emirates$1.6M (198%)
United States$756k (25.8%)
Canada$374k (43%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vinegar BY Philippines WERE (2021 - 2022):
Saudi Arabia-$76.9k (-9.06%)
Italy-$71.5k (-36.2%)
Germany-$46.3k (-86.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Vinegar were:
Italy $326M
United States $87.2M
Spain $56.9M
In 2022, Philippines's main importing competitors in Vinegar were:
United States $154M
Germany $71.5M
Japan $58M

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Trade Value of Vinegar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $545k
TOP IMPORT POTENTIALItaly+ $295k

Vinegar’s highest export potential is United States. With an export gap of $545k.   Vinegar’s highest import potential is Italy with an import gap of $295k.

See methodology.

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