Whey and other milk products in Philippines | The Observatory of Economic Complexity

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Exports In 2022, Philippines exported $274k in Whey and other milk products, making it the 67th largest exporter of Whey and other milk products in the world. At the same year, Whey and other milk products was the 744th most exported product in Philippines. The main destination of Whey and other milk products exports from Philippines are: Singapore ($176k), Vietnam ($44.6k), United States ($28.9k), United Arab Emirates ($10.6k), and Thailand ($8.97k).

The fastest growing export markets for Whey and other milk products of Philippines between 2021 and 2022 were Vietnam ($25.9k), United States ($11.1k), and Thailand ($5.78k).

Imports In 2022, Philippines imported $128M in Whey and other milk products, becoming the 13th largest importer of Whey and other milk products in the world. At the same year, Whey and other milk products was the 220th most imported product in Philippines. Philippines imports Whey and other milk products primarily from: United States ($51.2M), France ($15.6M), Canada ($7.92M), Belarus ($7.64M), and Poland ($6.51M).

The fastest growing import markets in Whey and other milk products for Philippines between 2021 and 2022 were United States ($8.39M), Belgium ($3.98M), and Argentina ($3.04M).

COMPANIES In 2020, leading companies such as were at the forefront of shipping Whey and other milk products from Philippines to the United States.

Latest Trends

August 2021

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Overview In August 2021 Philippines' Whey and other milk products exports accounted up to $30k and imports accounted up to $9.69M, resulting in a negative trade balance of $9.66M. Between December 2019 and August 2021 the exports of Philippines' Whey and other milk products have increased by $1.04k (3.59%) from $29k to $30k, while imports increased by $2.12M (27.9%) from $7.57M to $9.69M.

Destinations In August 2021, Whey and other milk products were exported mostly to Singapore ($29k) and Bahrain ($1.04k), and were imported mostly from United States ($2.99M), France ($1.73M), Netherlands ($999k), New Zealand ($841k), and Uruguay ($596k).

Growth In August 2021, the increase in Whey and other milk products's year-by-year exports was explained primarily by an increase in exports to . In August 2021, the increase in Whey and other milk products's year-by-year imports was explained primarily by an increase in imports from Uruguay ($131k or 29.7%), Malaysia ($73.9k or 57.2%), and Poland ($47.3k or 34.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2019 - August 2021)$1.04k(3.59%)

IMPORT GROWTH (August 2020 - August 2021)$2.12M(27.9%)

MAIN DESTINATION (August 2021)Singapore$29k

This section shows Whey and other milk products'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 Whey and other milk products over time.

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