Carbon in Philippines | The Observatory of Economic Complexity

About

Exports In 2023, Philippines exported $371k in Carbon, making it the 56th largest exporter of Carbon in the world. At the same year, Carbon was the 703rd most exported product in Philippines. The main destination of Carbon exports from Philippines are: Thailand ($284k), China ($53.8k), South Korea ($23.6k), and Indonesia ($8.88k).

The fastest growing export markets for Carbon of Philippines between 2022 and 2023 were Thailand ($114k) and South Korea ($23.6k).

Imports In 2023, Philippines imported $47.8M in Carbon, becoming the 35th largest importer of Carbon in the world. At the same year, Carbon was the 348th most imported product in Philippines. Philippines imports Carbon primarily from: Thailand ($22.3M), South Korea ($9.13M), India ($6.81M), China ($4.75M), and Chinese Taipei ($2.28M).

The fastest growing import markets in Carbon for Philippines between 2022 and 2023 were India ($4.96M), Thailand ($3.04M), and United States ($150k).

Latest Trends

July 2024

About

Overview In July 2024 Philippines' Carbon exports accounted up to $11.4k and imports accounted up to $4.15M, resulting in a negative trade balance of $4.14M. Between March 2023 and July 2024 the exports of Philippines' Carbon have decreased by $-44.7k (-79.6%) from $56.2k to $11.4k, while imports decreased by $-341k (-7.59%) from $4.49M to $4.15M.

Destinations In July 2024, Carbon were exported mostly to Thailand ($11.4k), and were imported mostly from Thailand ($1.85M), South Korea ($1.34M), India ($812k), China ($60.2k), and Indonesia ($25k).

Growth In July 2024, the decrease in Carbon's year-by-year exports was explained primarily by a decrease in exports to . In July 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 (March 2023 - July 2024)$-44.7k(-79.6%)

IMPORT GROWTH (July 2023 - July 2024)$-341k(-7.59%)

MAIN DESTINATION (July 2024)Thailand$11.4k

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.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2023)$371k

IMPORTS (2023)$47.8M

NET TRADE (2023)-$47.4M

In 2023, Philippines exported $371k in Carbon. The main destinations of Philippines exports on Carbon were Thailand ($284k), China ($53.8k), South Korea ($23.6k), and Indonesia ($8.88k).

In 2023, Philippines imported $47.8M in Carbon, mainly from Thailand ($22.3M), South Korea ($9.13M), India ($6.81M), China ($4.75M), and Chinese Taipei ($2.28M).

Explore Visualizations