2022
Exports | Imports
$2.12B | $53.4MWorld Rnk 2 / 154
Flag Rnk 7 / 1127
World Rnk 26 / 212
Flag Rnk 373 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.63Rnk 38 / 124
2022
PRODUCT COMPLEXITY IN Coconut Oil
-1.73Rnk 972 / 1025

About

Exports In 2022, Philippines exported $2.12B in Coconut Oil, making it the 2nd largest exporter of Coconut Oil in the world. At the same year, Coconut Oil was the 7th most exported product in Philippines. The main destination of Coconut Oil exports from Philippines are: Netherlands ($597M), United States ($426M), Malaysia ($198M), China ($182M), and Germany ($167M).

The fastest growing export markets for Coconut Oil of Philippines between 2021 and 2022 were Netherlands ($170M), China ($102M), and Malaysia ($88.6M).

Imports In 2022, Philippines imported $53.4M in Coconut Oil, becoming the 26th largest importer of Coconut Oil in the world. At the same year, Coconut Oil was the 373rd most imported product in Philippines. Philippines imports Coconut Oil primarily from: Indonesia ($40.4M), Malaysia ($12.3M), Singapore ($361k), United States ($188k), and Canada ($77.3k).

The fastest growing import markets in Coconut Oil for Philippines between 2021 and 2022 were Indonesia ($6.05M), Singapore ($360k), and United States ($174k).

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

Latest Trends

August 2021

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2020 - August 2021)$55.3M(71.3%)
IMPORT GROWTH (August 2020 - August 2021)$1.74M(76.1%)
MAIN DESTINATION (August 2021)Netherlands$41.6M

This section shows Coconut Oil'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 Coconut Oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.12B
IMPORTS (2022)$53.4M
NET TRADE (2022)$2.07B

In 2022, Philippines exported $2.12B in Coconut Oil. The main destinations of Philippines exports on Coconut Oil were Netherlands ($597M), United States ($426M), Malaysia ($198M), China ($182M), and Germany ($167M).

In 2022, Philippines imported $53.4M in Coconut Oil, mainly from Indonesia ($40.4M), Malaysia ($12.3M), Singapore ($361k), United States ($188k), and Canada ($77.3k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coconut Oil EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Netherlands$170M (39.9%)
China$102M (127%)
Malaysia$88.6M (81%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coconut Oil BY Philippines WERE (2021 - 2022):
Sri Lanka-$20.4M (-96.8%)
Sweden-$7.89M (-99.4%)
Indonesia-$3.53M (-3.52%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Coconut Oil were:
In 2022, Philippines's main importing competitors in Coconut Oil were:

Explore Visualizations

Trade Value of Coconut Oil by Exporters

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