2022
Exports
$12.9kWorld Rnk 90 / 129
Flag Rnk 978 / 1127
2022
PRODUCT COMPLEXITY IN Bulbs and Roots
-0.42Rnk 678 / 1025
2022
Imports
$195kWorld Rnk 95 / 177
Flag Rnk 1116 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $12.9k in Bulbs and Roots, making it the 90th largest exporter of Bulbs and Roots in the world. At the same year, Bulbs and Roots was the 978th most exported product in Philippines. The main destination of Bulbs and Roots exports from Philippines are: South Korea ($4.53k), United States ($3.68k), Netherlands ($2.94k), Sweden ($662), and Thailand ($653).

The fastest growing export markets for Bulbs and Roots of Philippines between 2021 and 2022 were United States ($3.61k), Netherlands ($2.47k), and Sweden ($662).

Imports In 2022, Philippines imported $195k in Bulbs and Roots, becoming the 95th largest importer of Bulbs and Roots in the world. At the same year, Bulbs and Roots was the 1116th most imported product in Philippines. Philippines imports Bulbs and Roots primarily from: Netherlands ($192k) and United States ($2.87k).

The fastest growing import markets in Bulbs and Roots for Philippines between 2021 and 2022 were United States ($1.86k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Bulbs and Roots. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$12.9k
IMPORTS (2022)$195k
NET TRADE (2022)-$182k

In 2022, Philippines exported $12.9k in Bulbs and Roots. The main destinations of Philippines exports on Bulbs and Roots were South Korea ($4.53k), United States ($3.68k), Netherlands ($2.94k), Sweden ($662), and Thailand ($653).

In 2022, Philippines imported $195k in Bulbs and Roots, mainly from Netherlands ($192k) and United States ($2.87k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bulbs and Roots EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United States$3.61k (5.83k%)
Netherlands$2.47k (520%)
Sweden$662 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bulbs and Roots BY Philippines WERE (2021 - 2022):
South Korea-$6.84k (-60.2%)
Thailand-$3.17k (-82.9%)
Germany-$2.6k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Bulbs and Roots were:
In 2022, Philippines's main importing competitors in Bulbs and Roots were:

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Trade Value of Bulbs and Roots by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.81k
TOP IMPORT POTENTIALNetherlands+ $85.8k

Bulbs and Roots’s highest export potential is United States. With an export gap of $7.81k.   Bulbs and Roots’s highest import potential is Netherlands with an import gap of $85.8k.

See methodology.

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