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2022
Exports $6.11MWorld Rnk 67 / 181
Flag Rnk 391 / 1127
2022
Destination $641k United Arab Emirates
2021 - 2022
FASTEST GROWING MARKET $641kUnited Arab Emirates
2022
PRODUCT COMPLEXITY IN Beer-0.28Rnk 641 / 1025
2022
Imports $17.8MWorld Rnk 86 / 223
Flag Rnk 598 / 1201
2022
Origin $3.52M Vietnam
2021 - 2022
FASTEST GROWING ORIGIN $3.52MVietnam
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $6.11M in Beer, making it the 67th largest exporter of Beer in the world. At the same year, Beer was the 391st most exported product in Philippines. The main destination of Beer exports from Philippines are: United Arab Emirates ($2.03M), South Korea ($1.72M), Canada ($461k), Chinese Taipei ($379k), and United States ($215k).

The fastest growing export markets for Beer of Philippines between 2021 and 2022 were United Arab Emirates ($641k), South Korea ($475k), and Chinese Taipei ($157k).

Imports In 2022, Philippines imported $17.8M in Beer, becoming the 86th largest importer of Beer in the world. At the same year, Beer was the 598th most imported product in Philippines. Philippines imports Beer primarily from: Vietnam ($8.14M), Singapore ($3.69M), China ($3.23M), Germany ($873k), and Belgium ($609k).

The fastest growing import markets in Beer for Philippines between 2021 and 2022 were Vietnam ($3.52M), China ($1.69M), and Singapore ($1.19M).

Latest Trends

August 2024

About

Overview In August 2024 Philippines' Beer exports accounted up to $604k and imports accounted up to $226k, resulting in a positive trade balance of $378k. Between August 2023 and August 2024 the exports of Philippines'   Beer have increased by $350k (138%) from $254k to $604k, while imports decreased by $-206k (-47.6%) from $432k to $226k.

Destinations In August 2024, Beer were exported mostly to United Arab Emirates ($267k), South Korea ($144k), Thailand ($64.6k), Chinese Taipei ($63k), and United States ($42.8k), and were imported mostly from Germany ($57.9k), China ($31.7k), Belgium ($29.3k), Spain ($18.8k), and Vietnam ($18.5k).

Growth In August 2024, the increase in Beer's year-by-year exports was explained primarily by an increase in exports to South Korea ($25.3k or 26%), Chinese Taipei ($17k or 91.6%), and Singapore ($9.94k or 926%). In August 2024, the decrease in Beer's year-by-year imports was explained primarily by a decrease in imports from China ($-7.31k or -8.17%) and Germany ($-5.11k or -13.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$350k(138%)
IMPORT GROWTH (August 2023 - August 2024)$-206k(-47.6%)
MAIN DESTINATION (August 2024)United Arab Emirates$267k

This section shows Beer'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 Beer over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.11M
IMPORTS (2022)$17.8M
NET TRADE (2022)-$11.7M

In 2022, Philippines exported $6.11M in Beer. The main destinations of Philippines exports on Beer were United Arab Emirates ($2.03M), South Korea ($1.72M), Canada ($461k), Chinese Taipei ($379k), and United States ($215k).

In 2022, Philippines imported $17.8M in Beer, mainly from Vietnam ($8.14M), Singapore ($3.69M), China ($3.23M), Germany ($873k), and Belgium ($609k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Beer EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United Arab Emirates$641k (46.3%)
South Korea$475k (38.1%)
Chinese Taipei$157k (70.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Beer BY Philippines WERE (2021 - 2022):
Hong Kong-$226k (-52.5%)
Australia-$196k (-48.6%)
Malaysia-$151k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Beer were:
Mexico $5.95B
Netherlands $2.06B
Belgium $1.7B
In 2022, Philippines's main importing competitors in Beer were:
United States $6.88B
France $1.07B
Italy $697M

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Trade Value of Beer by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.04M
TOP IMPORT POTENTIALChina+ $1.37M

Beer’s highest export potential is United States. With an export gap of $1.04M.   Beer’s highest import potential is China with an import gap of $1.37M.

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