Carbon in Philippines | The Observatory of Economic Complexity

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Exports In 2022, Philippines exported $293k in Carbon, making it the 64th largest exporter of Carbon in the world. At the same year, Carbon was the 733rd most exported product in Philippines. The main destination of Carbon exports from Philippines are: Thailand ($170k), China ($70.3k), Switzerland ($39k), Indonesia ($7.69k), and Australia ($4.23k).

The fastest growing export markets for Carbon of Philippines between 2021 and 2022 were Thailand ($96.1k), China ($70.3k), and Australia ($4.23k).

Imports In 2022, Philippines imported $52.8M in Carbon, becoming the 33rd largest importer of Carbon in the world. At the same year, Carbon was the 376th most imported product in Philippines. Philippines imports Carbon primarily from: Thailand ($19.9M), China ($14M), South Korea ($9.42M), India ($2.76M), and Chinese Taipei ($2.62M).

The fastest growing import markets in Carbon for Philippines between 2021 and 2022 were Thailand ($10.7M), China ($1.61M), and Chinese Taipei ($1.23M).

Latest Trends

June 2024

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Overview In June 2024 Philippines' Carbon exports accounted up to $32.1k and imports accounted up to $3.35M, resulting in a negative trade balance of $3.32M. Between February 2023 and June 2024 the exports of Philippines' Carbon have increased by $6.55k (25.6%) from $25.6k to $32.1k, while imports decreased by $-401k (-10.7%) from $3.75M to $3.35M.

Destinations In June 2024, Carbon were exported mostly to Thailand ($32.1k), and were imported mostly from Thailand ($2.19M), South Korea ($528k), India ($388k), Germany ($159k), and Chinese Taipei ($50.1k).

Growth In June 2024, the increase in Carbon's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the decrease in Carbon's year-by-year imports was explained primarily by a decrease in imports from China ($-278k or -46.1%), Thailand ($-172k or -10.3%), and Japan ($-118k or -76.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - June 2024)$6.55k(25.6%)

IMPORT GROWTH (June 2023 - June 2024)$-401k(-10.7%)

MAIN DESTINATION (June 2024)Thailand$32.1k

This section shows Carbon'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 Carbon over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$293k

IMPORTS (2022)$52.8M

NET TRADE (2022)-$52.5M

In 2022, Philippines exported $293k in Carbon. The main destinations of Philippines exports on Carbon were Thailand ($170k), China ($70.3k), Switzerland ($39k), Indonesia ($7.69k), and Australia ($4.23k).

In 2022, Philippines imported $52.8M in Carbon, mainly from Thailand ($19.9M), China ($14M), South Korea ($9.42M), India ($2.76M), and Chinese Taipei ($2.62M).

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