Yeast in Philippines | The Observatory of Economic Complexity

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Exports In 2022, Philippines exported $59.2k in Yeast, making it the 108th largest exporter of Yeast in the world. At the same year, Yeast was the 876th most exported product in Philippines. The main destination of Yeast exports from Philippines are: Thailand ($23.4k), Japan ($12.8k), Vietnam ($7.96k), Canada ($5.11k), and Malaysia ($2.85k).

The fastest growing export markets for Yeast of Philippines between 2021 and 2022 were Japan ($12.8k), Malaysia ($2.36k), and Australia ($1.04k).

Imports In 2022, Philippines imported $43.6M in Yeast, becoming the 19th largest importer of Yeast in the world. At the same year, Yeast was the 406th most imported product in Philippines. Philippines imports Yeast primarily from: China ($25.9M), Thailand ($8.99M), France ($1.24M), Portugal ($1.14M), and United States ($1.14M).

The fastest growing import markets in Yeast for Philippines between 2021 and 2022 were China ($917k), Indonesia ($723k), and Vietnam ($558k).

Latest Trends

August 2024

About

Overview In August 2024 Philippines' Yeast exports accounted up to $38.3k and imports accounted up to $5.72M, resulting in a negative trade balance of $5.68M. Between May 2023 and August 2024 the exports of Philippines' Yeast have increased by $665 (1.77%) from $37.6k to $38.3k, while imports increased by $1.37M (31.5%) from $4.35M to $5.72M.

Destinations In August 2024, Yeast were exported mostly to Thailand ($37.6k) and Canada ($665), and were imported mostly from China ($2.33M), Thailand ($1.55M), France ($701k), Ecuador ($351k), and Indonesia ($320k).

Growth In August 2024, the increase in Yeast's year-by-year exports was explained primarily by an increase in exports to . In August 2024, the increase in Yeast's year-by-year imports was explained primarily by an increase in imports from China ($527k or 26.2%), Thailand ($441k or 53.2%), and Belgium ($14.8k or 19.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (May 2023 - August 2024)$665(1.77%)

IMPORT GROWTH (August 2023 - August 2024)$1.37M(31.5%)

MAIN DESTINATION (August 2024)Thailand$37.6k

This section shows Yeast'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 Yeast over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$59.2k

IMPORTS (2022)$43.6M

NET TRADE (2022)-$43.5M

In 2022, Philippines exported $59.2k in Yeast. The main destinations of Philippines exports on Yeast were Thailand ($23.4k), Japan ($12.8k), Vietnam ($7.96k), Canada ($5.11k), and Malaysia ($2.85k).

In 2022, Philippines imported $43.6M in Yeast, mainly from China ($25.9M), Thailand ($8.99M), France ($1.24M), Portugal ($1.14M), and United States ($1.14M).

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