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2022
Exports $209MWorld Rnk 33 / 178
Flag Rnk 36 / 96
2022
Destination $38.6M Netherlands
2021 - 2022
FASTEST GROWING MARKET $38.6MGermany
2022
PRODUCT COMPLEXITY IN Wood pulp & paper scrap0.25Rnk 471 / 1025
2022
Imports $133MWorld Rnk 45 / 200
Flag Rnk 73 / 96
2022
Origin $36.1M United States
2021 - 2022
FASTEST GROWING ORIGIN $36.1MUnited States
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $209M in Wood pulp & paper scrap, making it the 33rd largest exporter of Wood pulp & paper scrap in the world. At the same year, Wood pulp & paper scrap was the 36th most exported product in Philippines. The main destination of Wood pulp & paper scrap exports from Philippines are: Netherlands ($55.6M), Germany ($42.6M), United Kingdom ($37.9M), United States ($18.4M), and China ($12.1M).

The fastest growing export markets for Wood pulp & paper scrap of Philippines between 2021 and 2022 were Germany ($38.6M), Netherlands ($28.2M), and Chinese Taipei ($5.31M).

Imports In 2022, Philippines imported $133M in Wood pulp & paper scrap, becoming the 45th largest importer of Wood pulp & paper scrap in the world. At the same year, Wood pulp & paper scrap was the 73rd most imported product in Philippines. Philippines imports Wood pulp & paper scrap primarily from: United States ($89.4M), New Zealand ($8.4M), South Africa ($6.86M), Germany ($4.64M), and Hong Kong ($4.56M).

The fastest growing import markets in Wood pulp & paper scrap for Philippines between 2021 and 2022 were United States ($36.1M), South Africa ($2.34M), and Hong Kong ($2.34M).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Wood pulp & paper scrap exports accounted up to $7.72M and imports accounted up to $6.4M, resulting in a positive trade balance of $1.32M. Between June 2023 and June 2024 the exports of Philippines'   Wood pulp & paper scrap have decreased by $-1.55M (-16.7%) from $9.27M to $7.72M, while imports increased by $1.46M (29.4%) from $4.94M to $6.4M.

Destinations In June 2024, Wood pulp & paper scrap were exported mostly to United Kingdom ($2.27M), Japan ($1.51M), Vietnam ($1.06M), Netherlands ($908k), and Sweden ($538k), and were imported mostly from United States ($4.24M), South Korea ($641k), Japan ($454k), New Zealand ($378k), and South Africa ($365k).

Growth In June 2024, the decrease in Wood pulp & paper scrap's year-by-year exports was explained primarily by a decrease in exports to Netherlands ($-9.7M or -87.1%), United Kingdom ($-1.96M or -32.4%), and Japan ($-632k or -41.2%). In June 2024, the increase in Wood pulp & paper scrap's year-by-year imports was explained primarily by an increase in imports from United States ($6.17M or 152%), South Korea ($350k or 197%), and New Zealand ($132k or 10.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-1.55M(-16.7%)
IMPORT GROWTH (June 2023 - June 2024)$1.46M(29.4%)
MAIN DESTINATION (June 2024)United Kingdom$2.27M

This section shows Wood pulp & paper scrap'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 Wood pulp & paper scrap over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$209M
IMPORTS (2022)$133M
NET TRADE (2022)$75.9M

In 2022, Philippines exported $209M in Wood pulp & paper scrap. The main destinations of Philippines exports on Wood pulp & paper scrap were Netherlands ($55.6M), Germany ($42.6M), United Kingdom ($37.9M), United States ($18.4M), and China ($12.1M).

In 2022, Philippines imported $133M in Wood pulp & paper scrap, mainly from United States ($89.4M), New Zealand ($8.4M), South Africa ($6.86M), Germany ($4.64M), and Hong Kong ($4.56M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood pulp & paper scrap EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Germany$38.6M (979%)
Netherlands$28.2M (103%)
Chinese Taipei$5.31M (94.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood pulp & paper scrap BY Philippines WERE (2021 - 2022):
Japan-$11.9M (-61.4%)
United Kingdom-$6.66M (-14.9%)
France-$1.64M (-27.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Wood pulp & paper scrap were:
United States $10.9B
Brazil $9.02B
Canada $6.84B
In 2022, Philippines's main importing competitors in Wood pulp & paper scrap were:
China $18.5B
United States $4.58B
India $3.94B

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Trade Value of Wood pulp & paper scrap by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $12.4M
TOP IMPORT POTENTIALIndonesia+ $4.74M

Wood pulp & paper scrap’s highest export potential is China. With an export gap of $12.4M.   Wood pulp & paper scrap’s highest import potential is Indonesia with an import gap of $4.74M.

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