Candles in Philippines | The Observatory of Economic Complexity

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Exports In 2022, Philippines exported $32.4k in Candles, making it the 98th largest exporter of Candles in the world. At the same year, Candles was the 924th most exported product in Philippines. The main destination of Candles exports from Philippines are: Norway ($20.1k), Japan ($2.3k), Saudi Arabia ($1.65k), France ($1.52k), and Paraguay ($939).

The fastest growing export markets for Candles of Philippines between 2021 and 2022 were Norway ($16.7k), Japan ($2.3k), and Saudi Arabia ($1.65k).

Imports In 2022, Philippines imported $11.7M in Candles, becoming the 49th largest importer of Candles in the world. At the same year, Candles was the 689th most imported product in Philippines. Philippines imports Candles primarily from: China ($10.1M), United States ($478k), France ($268k), Singapore ($148k), and United Kingdom ($146k).

The fastest growing import markets in Candles for Philippines between 2021 and 2022 were China ($3.52M), United States ($135k), and Poland ($119k).

Latest Trends

August 2024

About

Overview In August 2024 Philippines' Candles exports accounted up to $254k and imports accounted up to $232k, resulting in a positive trade balance of $22.1k. Between February 2023 and August 2024 the exports of Philippines' Candles have increased by $253k (43.2k%) from $587 to $254k, while imports decreased by $-138k (-37.3%) from $370k to $232k.

Destinations In August 2024, Candles were exported mostly to Australia ($220k) and United Kingdom ($33.6k), and were imported mostly from China ($142k), United States ($32.3k), Hong Kong ($15.7k), Vietnam ($14.2k), and Canada ($6.96k).

Growth In August 2024, the increase in Candles's year-by-year exports was explained primarily by an increase in exports to . In August 2024, the decrease in Candles's year-by-year imports was explained primarily by a decrease in imports from France ($-5.37k or -41.1%), Japan ($-427 or -31.5%), and Malaysia ($-111 or -9.34%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - August 2024)$253k(43.2k%)

IMPORT GROWTH (August 2023 - August 2024)$-138k(-37.3%)

MAIN DESTINATION (August 2024)Australia$220k

This section shows Candles'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 Candles over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$32.4k

IMPORTS (2022)$11.7M

NET TRADE (2022)-$11.6M

In 2022, Philippines exported $32.4k in Candles. The main destinations of Philippines exports on Candles were Norway ($20.1k), Japan ($2.3k), Saudi Arabia ($1.65k), France ($1.52k), and Paraguay ($939).

In 2022, Philippines imported $11.7M in Candles, mainly from China ($10.1M), United States ($478k), France ($268k), Singapore ($148k), and United Kingdom ($146k).

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