Wine in Philippines | The Observatory of Economic Complexity

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Exports In 2023, Philippines exported $286k in Wine, making it the 99th largest exporter of Wine in the world. At the same year, Wine was the 725th most exported product in Philippines. The main destination of Wine exports from Philippines are: Chinese Taipei ($111k), United Arab Emirates ($103k), Indonesia ($41.4k), Macau ($12.1k), and India ($9.16k).

The fastest growing export markets for Wine of Philippines between 2022 and 2023 were Chinese Taipei ($111k), Indonesia ($41.3k), and India ($9.16k).

Imports In 2023, Philippines imported $57.9M in Wine, becoming the 54th largest importer of Wine in the world. At the same year, Wine was the 314th most imported product in Philippines. Philippines imports Wine primarily from: France ($12.7M), United States ($12.2M), Australia ($10.3M), Spain ($7.6M), and Italy ($4.74M).

The fastest growing import markets in Wine for Philippines between 2022 and 2023 were France ($6.43M), Spain ($2.17M), and Italy ($808k).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Wine exports accounted up to $91.1k and imports accounted up to $2.64M, resulting in a negative trade balance of $2.55M. Between March 2023 and June 2024 the exports of Philippines' Wine have increased by $58.9k (183%) from $32.2k to $91.1k, while imports decreased by $-1.77M (-40.1%) from $4.4M to $2.64M.

Destinations In June 2024, Wine were exported mostly to , and were imported mostly from Australia ($1.17M), France ($630k), Spain ($246k), Chile ($231k), and United States ($129k).

Growth In June 2024, the increase in Wine's year-by-year exports was explained primarily by an increase in exports to . In July 2024, the decrease in Wine's year-by-year imports was explained primarily by a decrease in imports from United States ($-2.25M or -70.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - June 2024)$58.9k(183%)

IMPORT GROWTH (July 2023 - July 2024)$-1.77M(-40.1%)

MAIN DESTINATION (June 2024)

This section shows Wine'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 Wine over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2023)$286k

IMPORTS (2023)$57.9M

NET TRADE (2023)-$57.6M

In 2023, Philippines exported $286k in Wine. The main destinations of Philippines exports on Wine were Chinese Taipei ($111k), United Arab Emirates ($103k), Indonesia ($41.4k), Macau ($12.1k), and India ($9.16k).

In 2023, Philippines imported $57.9M in Wine, mainly from France ($12.7M), United States ($12.2M), Australia ($10.3M), Spain ($7.6M), and Italy ($4.74M).

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