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2022
Exports $389kWorld Rnk 86 / 171
Flag Rnk 696 / 1127
2022
Destination $97.2k Qatar
2021 - 2022
FASTEST GROWING MARKET $97.2kQatar
2022
PRODUCT COMPLEXITY IN Cereal Flours-1.31Rnk 913 / 1025
2022
Imports $23.6MWorld Rnk 16 / 218
Flag Rnk 548 / 1201
2022
Origin $1.01M Thailand
2021 - 2022
FASTEST GROWING ORIGIN $1.01MVietnam
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $389k in Cereal Flours, making it the 86th largest exporter of Cereal Flours in the world. At the same year, Cereal Flours was the 696th most exported product in Philippines. The main destination of Cereal Flours exports from Philippines are: Qatar ($160k), United Arab Emirates ($109k), Nigeria ($28.4k), Canada ($27.6k), and United States ($23.6k).

The fastest growing export markets for Cereal Flours of Philippines between 2021 and 2022 were Qatar ($97.2k), United Arab Emirates ($62.4k), and Nigeria ($28.4k).

Imports In 2022, Philippines imported $23.6M in Cereal Flours, becoming the 16th largest importer of Cereal Flours in the world. At the same year, Cereal Flours was the 548th most imported product in Philippines. Philippines imports Cereal Flours primarily from: Thailand ($12.9M), Vietnam ($4.49M), United States ($2.96M), Turkey ($1.14M), and United Kingdom ($951k).

The fastest growing import markets in Cereal Flours for Philippines between 2021 and 2022 were Vietnam ($1.01M), United States ($425k), and Mexico ($272k).

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

August 2024

About

Overview In August 2024 Philippines' Cereal Flours exports accounted up to $709 and imports accounted up to $1.88M, resulting in a negative trade balance of $1.88M. Between April 2023 and August 2024 the exports of Philippines'   Cereal Flours have decreased by $-30.2k (-97.7%) from $30.9k to $709, while imports increased by $87.1k (4.87%) from $1.79M to $1.88M.

Destinations In August 2024, Cereal Flours were exported mostly to Canada ($500) and United Arab Emirates ($209), and were imported mostly from Thailand ($1.17M), Vietnam ($443k), United States ($80.3k), United Kingdom ($58.7k), and Mexico ($27.8k).

Growth In August 2024, the decrease in Cereal Flours's year-by-year exports was explained primarily by a decrease in exports to . In August 2024, the increase in Cereal Flours's year-by-year imports was explained primarily by an increase in imports from United States ($438k or 255%) and Chinese Taipei ($9.98k or 16.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (April 2023 - August 2024)$-30.2k(-97.7%)
IMPORT GROWTH (August 2023 - August 2024)$87.1k(4.87%)
MAIN DESTINATION (August 2024)Canada$500

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 (2022)$389k
IMPORTS (2022)$23.6M
NET TRADE (2022)-$23.2M

In 2022, Philippines exported $389k in Cereal Flours. The main destinations of Philippines exports on Cereal Flours were Qatar ($160k), United Arab Emirates ($109k), Nigeria ($28.4k), Canada ($27.6k), and United States ($23.6k).

In 2022, Philippines imported $23.6M in Cereal Flours, mainly from Thailand ($12.9M), Vietnam ($4.49M), United States ($2.96M), Turkey ($1.14M), and United Kingdom ($951k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cereal Flours EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Qatar$97.2k (155%)
United Arab Emirates$62.4k (134%)
Nigeria$28.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cereal Flours BY Philippines WERE (2021 - 2022):
United States-$65.5k (-73.5%)
Finland-$61.4k (-100%)
Italy-$54.7k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Cereal Flours were:
Thailand $161M
Mexico $150M
United States $113M
In 2022, Philippines's main importing competitors in Cereal Flours were:
United States $239M
Democratic Republic of the Congo $86.9M
Canada $57.7M

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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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