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2022
Exports $8.81kWorld Rnk 123 / 149
Flag Rnk 1000 / 1127
2022
Destination $2.59k United Arab Emirates
2021 - 2022
FASTEST GROWING MARKET $2.59kIsrael
2022
PRODUCT COMPLEXITY IN Cereal Meal and Pellets-1.07Rnk 850 / 1025
2022
Imports $2.23MWorld Rnk 91 / 211
Flag Rnk 929 / 1201
2022
Origin $816k Australia
2021 - 2022
FASTEST GROWING ORIGIN $816kAustralia
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $8.81k in Cereal Meal and Pellets, making it the 123rd largest exporter of Cereal Meal and Pellets in the world. At the same year, Cereal Meal and Pellets was the 1000th most exported product in Philippines. The main destination of Cereal Meal and Pellets exports from Philippines are: United Arab Emirates ($3.34k), Israel ($2.59k), Kuwait ($1.01k), Brunei ($569), and Hungary ($530).

The fastest growing export markets for Cereal Meal and Pellets of Philippines between 2021 and 2022 were Israel ($2.59k), Kuwait ($1.01k), and Brunei ($569).

Imports In 2022, Philippines imported $2.23M in Cereal Meal and Pellets, becoming the 91st largest importer of Cereal Meal and Pellets in the world. At the same year, Cereal Meal and Pellets was the 929th most imported product in Philippines. Philippines imports Cereal Meal and Pellets primarily from: Australia ($1.22M), Mexico ($395k), United Arab Emirates ($229k), Turkey ($126k), and Italy ($72.9k).

The fastest growing import markets in Cereal Meal and Pellets for Philippines between 2021 and 2022 were Australia ($816k), Turkey ($126k), and United Arab Emirates ($105k).

Latest Trends

April 2024

About

Overview In April 2024 Philippines' Cereal Meal and Pellets exports accounted up to $1.17k and imports accounted up to $818k, resulting in a negative trade balance of $817k. Between November 2021 and April 2024 the exports of Philippines'   Cereal Meal and Pellets have increased by $1.04k (820%) from $127 to $1.17k, while imports increased by $445k (119%) from $374k to $818k.

Destinations In April 2024, Cereal Meal and Pellets were exported mostly to , and were imported mostly from Mexico ($694k), Australia ($124k), Italy ($395), and United States ($199).

Growth In April 2024, the increase in Cereal Meal and Pellets's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the increase in Cereal Meal and Pellets's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2021 - April 2024)$1.04k(820%)
IMPORT GROWTH (June 2023 - June 2024)$445k(119%)
MAIN DESTINATION (April 2024)

This section shows Cereal Meal and Pellets'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 Meal and Pellets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.81k
IMPORTS (2022)$2.23M
NET TRADE (2022)-$2.22M

In 2022, Philippines exported $8.81k in Cereal Meal and Pellets. The main destinations of Philippines exports on Cereal Meal and Pellets were United Arab Emirates ($3.34k), Israel ($2.59k), Kuwait ($1.01k), Brunei ($569), and Hungary ($530).

In 2022, Philippines imported $2.23M in Cereal Meal and Pellets, mainly from Australia ($1.22M), Mexico ($395k), United Arab Emirates ($229k), Turkey ($126k), and Italy ($72.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cereal Meal and Pellets EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Israel$2.59k (1%)
Kuwait$1.01k (1%)
Brunei$569 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cereal Meal and Pellets BY Philippines WERE (2021 - 2022):
Bahrain-$4.95k (-100%)
Singapore-$1.8k (-81.7%)
Pakistan-$336 (-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 Meal and Pellets were:
Canada $220M
Italy $141M
Turkey $124M
In 2022, Philippines's main importing competitors in Cereal Meal and Pellets were:
United States $256M
Malaysia $137M
Germany $86.1M

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Trade Value of Cereal Meal and Pellets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $2.02k
TOP IMPORT POTENTIALTurkey+ $99.6k

Cereal Meal and Pellets’s highest export potential is United Arab Emirates. With an export gap of $2.02k.   Cereal Meal and Pellets’s highest import potential is Turkey with an import gap of $99.6k.

See methodology.

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