Sign In
Pricing

2022
Exports $158kWorld Rnk 87 / 145
Flag Rnk 797 / 1127
2022
Destination $42.5k Nigeria
2021 - 2022
FASTEST GROWING MARKET $42.5kChina
2022
PRODUCT COMPLEXITY IN Carboxylic Acids0.82Rnk 239 / 1025
2022
Imports $58.2MWorld Rnk 41 / 203
Flag Rnk 360 / 1201
2022
Origin $18.3M China
2021 - 2022
FASTEST GROWING ORIGIN $18.3MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $158k in Carboxylic Acids, making it the 87th largest exporter of Carboxylic Acids in the world. At the same year, Carboxylic Acids was the 797th most exported product in Philippines. The main destination of Carboxylic Acids exports from Philippines are: Nigeria ($79.2k), China ($42.5k), Netherlands ($28.2k), Sierra Leone ($2.56k), and Vietnam ($2.48k).

The fastest growing export markets for Carboxylic Acids of Philippines between 2021 and 2022 were China ($42.5k), Netherlands ($24.5k), and Sierra Leone ($2.56k).

Imports In 2022, Philippines imported $58.2M in Carboxylic Acids, becoming the 41st largest importer of Carboxylic Acids in the world. At the same year, Carboxylic Acids was the 360th most imported product in Philippines. Philippines imports Carboxylic Acids primarily from: China ($39.3M), Singapore ($5.87M), Germany ($3.43M), India ($1.83M), and Mexico ($1.42M).

The fastest growing import markets in Carboxylic Acids for Philippines between 2021 and 2022 were China ($18.3M), Singapore ($2.96M), and India ($802k).

Latest Trends

May 2024

About

Overview In May 2024 Philippines' Carboxylic Acids exports accounted up to $39.8k and imports accounted up to $1.11M, resulting in a negative trade balance of $1.07M. Between March 2023 and May 2024 the exports of Philippines'   Carboxylic Acids have decreased by $-21.4k (-35%) from $61.2k to $39.8k, while imports decreased by $-2.28M (-67.3%) from $3.39M to $1.11M.

Destinations In May 2024, Carboxylic Acids were exported mostly to , and were imported mostly from Singapore ($413k), Germany ($362k), Netherlands ($76.5k), Thailand ($75.4k), and Japan ($61.7k).

Growth In May 2024, the decrease in Carboxylic Acids's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the decrease in Carboxylic Acids's year-by-year imports was explained primarily by a decrease in imports from Germany ($-274k or -57.1%), Thailand ($-97.1k or -45.1%), and United States ($-11.5k or -70.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - May 2024)$-21.4k(-35%)
IMPORT GROWTH (June 2023 - June 2024)$-2.28M(-67.3%)
MAIN DESTINATION (May 2024)

This section shows Carboxylic Acids'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 Carboxylic Acids 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
EXPORTS (2022)$158k
IMPORTS (2022)$58.2M
NET TRADE (2022)-$58M

In 2022, Philippines exported $158k in Carboxylic Acids. The main destinations of Philippines exports on Carboxylic Acids were Nigeria ($79.2k), China ($42.5k), Netherlands ($28.2k), Sierra Leone ($2.56k), and Vietnam ($2.48k).

In 2022, Philippines imported $58.2M in Carboxylic Acids, mainly from China ($39.3M), Singapore ($5.87M), Germany ($3.43M), India ($1.83M), and Mexico ($1.42M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Carboxylic Acids EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
China$42.5k (1%)
Netherlands$24.5k (671%)
Sierra Leone$2.56k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carboxylic Acids BY Philippines WERE (2021 - 2022):
Nigeria-$212k (-72.8%)
Vietnam-$46.9k (-95%)
Singapore-$18.4k (-99.7%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Carboxylic Acids were:
China $5.45B
India $776M
Germany $731M
In 2022, Philippines's main importing competitors in Carboxylic Acids were:
United States $1.67B
Germany $898M
India $642M

Explore Visualizations

Trade Value of Carboxylic Acids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALVietnam+ $3.57k
TOP IMPORT POTENTIALChina+ $10.1M

Carboxylic Acids’s highest export potential is Vietnam. With an export gap of $3.57k.   Carboxylic Acids’s highest import potential is China with an import gap of $10.1M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms