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2022
Exports $31.8kWorld Rnk 69 / 98
Flag Rnk 926 / 1127
2022
Destination $16.6k Thailand
2021 - 2022
FASTEST GROWING MARKET $16.6kThailand
2022
PRODUCT COMPLEXITY IN Water Soluble Proteins0.33Rnk 432 / 1025
2022
Imports $14.1MWorld Rnk 34 / 181
Flag Rnk 654 / 1201
2022
Origin $4.61M Italy
2021 - 2022
FASTEST GROWING ORIGIN $4.61MItaly
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $31.8k in Water Soluble Proteins, making it the 69th largest exporter of Water Soluble Proteins in the world. At the same year, Water Soluble Proteins was the 926th most exported product in Philippines. The main destination of Water Soluble Proteins exports from Philippines are: Thailand ($16.6k), Kuwait ($10.4k), Singapore ($2.71k), Luxembourg ($1.76k), and China ($298).

The fastest growing export markets for Water Soluble Proteins of Philippines between 2021 and 2022 were Thailand ($16.6k), Kuwait ($10.4k), and China ($298).

Imports In 2022, Philippines imported $14.1M in Water Soluble Proteins, becoming the 34th largest importer of Water Soluble Proteins in the world. At the same year, Water Soluble Proteins was the 654th most imported product in Philippines. Philippines imports Water Soluble Proteins primarily from: Italy ($6.71M), Denmark ($2.7M), United States ($2.17M), India ($1.33M), and Netherlands ($336k).

The fastest growing import markets in Water Soluble Proteins for Philippines between 2021 and 2022 were Italy ($4.61M), Denmark ($1.62M), and India ($964k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Water Soluble Proteins. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$31.8k
IMPORTS (2022)$14.1M
NET TRADE (2022)-$14M

In 2022, Philippines exported $31.8k in Water Soluble Proteins. The main destinations of Philippines exports on Water Soluble Proteins were Thailand ($16.6k), Kuwait ($10.4k), Singapore ($2.71k), Luxembourg ($1.76k), and China ($298).

In 2022, Philippines imported $14.1M in Water Soluble Proteins, mainly from Italy ($6.71M), Denmark ($2.7M), United States ($2.17M), India ($1.33M), and Netherlands ($336k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Water Soluble Proteins EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Thailand$16.6k (1%)
Kuwait$10.4k (1%)
China$298 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Water Soluble Proteins BY Philippines WERE (2021 - 2022):
Vietnam-$52.3k (-100%)
Singapore-$48.9k (-94.7%)
Indonesia-$4 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Water Soluble Proteins were:
United States $827M
Netherlands $503M
Germany $491M
In 2022, Philippines's main importing competitors in Water Soluble Proteins were:
Japan $488M
China $392M
Netherlands $256M

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Trade Value of Water Soluble Proteins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $3.41k
TOP IMPORT POTENTIALUnited States+ $735k

Water Soluble Proteins’s highest export potential is Singapore. With an export gap of $3.41k.   Water Soluble Proteins’s highest import potential is United States with an import gap of $735k.

See methodology.

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