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2023
Exports $97.2kWorld Rnk 102 / 171
Flag Rnk 841 / 1123
2023
Destination $11.6k Qatar
2022 - 2023
FASTEST GROWING MARKET $11.6kUnited Arab Emirates
2023
PRODUCT COMPLEXITY IN Cereal Flours-1.25Rnk 891 / 1025
2023
Imports $24.6MWorld Rnk 20 / 217
Flag Rnk 477 / 1202
2023
Origin $2.67M Thailand
2022 - 2023
FASTEST GROWING ORIGIN $2.67MThailand
2023
ECONOMIC COMPLEXITY of Philippines0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $97.2k in Cereal Flours, making it the 102nd largest exporter of Cereal Flours in the world. At the same year, Cereal Flours was the 841st most exported product in Philippines. The main destination of Cereal Flours exports from Philippines are: Qatar ($36.1k), Canada ($19.4k), United Arab Emirates ($14.7k), United States ($10.9k), and Jordan ($5.23k).

The fastest growing export markets for Cereal Flours of Philippines between 2022 and 2023 were United Arab Emirates ($11.6k), Jordan ($3.45k), and Denmark ($3.33k).

Imports In 2023, Philippines imported $24.6M in Cereal Flours, becoming the 20th largest importer of Cereal Flours in the world. At the same year, Cereal Flours was the 477th most imported product in Philippines. Philippines imports Cereal Flours primarily from: Thailand ($15.1M), Vietnam ($3.73M), United States ($2.71M), Turkey ($1.58M), and United Kingdom ($502k).

The fastest growing import markets in Cereal Flours for Philippines between 2022 and 2023 were Thailand ($2.67M), Turkey ($401k), and Chinese Taipei ($224k).

COMPANIES In 2023, leading companies such as Walong Marketing (7) were at the forefront of shipping Cereal Flours from Philippines to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Philippines' Cereal Flours exports accounted up to $5.13k and imports accounted up to $1.92M, resulting in a negative trade balance of $1.91M. Between March 2023 and July 2024 the exports of Philippines'   Cereal Flours have decreased by $-69k (-93.1%) from $74.1k to $5.13k, while imports decreased by $-650k (-25.3%) from $2.57M to $1.92M.

Destinations In July 2024, Cereal Flours were exported mostly to United States ($5.13k), and were imported mostly from Thailand ($1.25M), Vietnam ($318k), Turkey ($239k), United States ($88.4k), and United Kingdom ($20.1k).

Growth In July 2024, the decrease in Cereal Flours's year-by-year exports was explained primarily by a decrease in exports to . In July 2024, the decrease in Cereal Flours's year-by-year imports was explained primarily by a decrease in imports from Thailand ($-239k or -19.6%), Vietnam ($-31.5k or -10.1%), and France ($-29.7k or -31.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - July 2024)$-69k(-93.1%)
IMPORT GROWTH (July 2023 - July 2024)$-650k(-25.3%)
MAIN DESTINATION (July 2024)United States$5.13k

This section shows Cereal Flours'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 Cereal Flours over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$97.2k
IMPORTS (2023)$24.6M
NET TRADE (2023)-$24.5M

In 2023, Philippines exported $97.2k in Cereal Flours. The main destinations of Philippines exports on Cereal Flours were Qatar ($36.1k), Canada ($19.4k), United Arab Emirates ($14.7k), United States ($10.9k), and Jordan ($5.23k).

In 2023, Philippines imported $24.6M in Cereal Flours, mainly from Thailand ($15.1M), Vietnam ($3.73M), United States ($2.71M), Turkey ($1.58M), and United Kingdom ($502k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cereal Flours EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
United Arab Emirates$11.6k (372%)
Jordan$3.45k (194%)
Denmark$3.33k (33.3k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cereal Flours BY Philippines WERE (2022 - 2023):
Qatar-$169k (-82.4%)
Nigeria-$31.9k (-100%)
Bahrain-$20k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Philippines's main exporting competitors in Cereal Flours were:
Mexico $200M
Thailand $141M
United States $110M
In 2023, Philippines's main importing competitors in Cereal Flours were:
United States $289M
Spain $77.9M
Canada $71.5M

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Trade Value of Cereal Flours by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $47.2k
TOP IMPORT POTENTIALFrance+ $191k

Cereal Flours’s highest export potential is United States. With an export gap of $47.2k.   Cereal Flours’s highest import potential is France with an import gap of $191k.

See methodology.

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