Wheat Flours in Philippines | The Observatory of Economic Complexity

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Exports In 2022, Philippines exported $2.23M in Wheat Flours, making it the 91st largest exporter of Wheat Flours in the world. At the same year, Wheat Flours was the 512th most exported product in Philippines. The main destination of Wheat Flours exports from Philippines are: Hong Kong ($858k), Burma ($664k), United States ($336k), Vietnam ($152k), and Thailand ($140k).

The fastest growing export markets for Wheat Flours of Philippines between 2021 and 2022 were United States ($336k), Singapore ($16.8k), and Denmark ($404).

Imports In 2022, Philippines imported $24.1M in Wheat Flours, becoming the 55th largest importer of Wheat Flours in the world. At the same year, Wheat Flours was the 539th most imported product in Philippines. Philippines imports Wheat Flours primarily from: Vietnam ($17.8M), Turkey ($2.12M), Chinese Taipei ($1.26M), France ($559k), and India ($453k).

The fastest growing import markets in Wheat Flours for Philippines between 2021 and 2022 were Vietnam ($11.1M), Chinese Taipei ($860k), and Italy ($218k).

COMPANIES In 2020, leading companies such as were at the forefront of shipping Wheat Flours from Philippines to the United States.

Latest Trends

August 2021

About

Overview In August 2021 Philippines' Wheat Flours exports accounted up to $391k and imports accounted up to $824k, resulting in a negative trade balance of $433k. Between August 2020 and August 2021 the exports of Philippines' Wheat Flours have decreased by $-789k (-66.9%) from $1.18M to $391k, while imports decreased by $-236k (-22.3%) from $1.06M to $824k.

Destinations In August 2021, Wheat Flours were exported mostly to Thailand ($308k), Vietnam ($77.5k), and United Arab Emirates ($4.78k), and were imported mostly from Vietnam ($632k), Turkey ($101k), Indonesia ($57.7k), United Arab Emirates ($22.5k), and Japan ($4.27k).

Growth In August 2021, the decrease in Wheat Flours's year-by-year exports was explained primarily by a decrease in exports to . In August 2021, the decrease in Wheat Flours's year-by-year imports was explained primarily by a decrease in imports from Vietnam ($-941k or -93.4%), Turkey ($-71.2k or -13.2%), and South Korea ($-30.1k or -96.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2020 - August 2021)$-789k(-66.9%)

IMPORT GROWTH (August 2020 - August 2021)$-236k(-22.3%)

MAIN DESTINATION (August 2021)Thailand$308k

This section shows Wheat Flours'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 Wheat Flours over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$2.23M

IMPORTS (2022)$24.1M

NET TRADE (2022)-$21.9M

In 2022, Philippines exported $2.23M in Wheat Flours. The main destinations of Philippines exports on Wheat Flours were Hong Kong ($858k), Burma ($664k), United States ($336k), Vietnam ($152k), and Thailand ($140k).

In 2022, Philippines imported $24.1M in Wheat Flours, mainly from Vietnam ($17.8M), Turkey ($2.12M), Chinese Taipei ($1.26M), France ($559k), and India ($453k).

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