Chewing gum containing sugar, except medicinal in Philippines | The Observatory of Economic Complexity

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Exports In 2022, Philippines exported $27.5M in Chewing gum containing sugar, except medicinal, making it the 12th largest exporter of Chewing gum containing sugar, except medicinal in the world. At the same year, Chewing gum containing sugar, except medicinal was the 304th most exported product in Philippines. The main destination of Chewing gum containing sugar, except medicinal exports from Philippines are: China ($10.8M), Vietnam ($9.87M), Malaysia ($3.7M), Thailand ($2.32M), and Cambodia ($554k).

The fastest growing export markets for Chewing gum containing sugar, except medicinal of Philippines between 2021 and 2022 were Malaysia ($1.75M), Vietnam ($1.52M), and Brunei ($58.8k).

Imports In 2022, Philippines imported $6.63M in Chewing gum containing sugar, except medicinal, becoming the 39th largest importer of Chewing gum containing sugar, except medicinal in the world. At the same year, Chewing gum containing sugar, except medicinal was the 1730th most imported product in Philippines. Philippines imports Chewing gum containing sugar, except medicinal primarily from: China ($4.27M), Vietnam ($1.05M), Indonesia ($1.02M), Thailand ($105k), and Spain ($86.2k).

The fastest growing import markets in Chewing gum containing sugar, except medicinal for Philippines between 2021 and 2022 were Vietnam ($752k), United States ($61.8k), and Spain ($33.8k).

COMPANIES In 2023, leading companies such as Del Monte Foods (741), Yokohama Industries (278), and ABB Motors and Mechanical (197) were at the forefront of shipping Chewing gum containing sugar, except medicinal from Philippines to the United States.

Latest Trends

June 2024

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Overview In June 2024 Philippines' Chewing gum containing sugar, except medicinal exports accounted up to $1.73M and imports accounted up to $100k, resulting in a positive trade balance of $1.63M. Between June 2023 and June 2024 the exports of Philippines' Chewing gum containing sugar, except medicinal have decreased by $-1.51M (-46.7%) from $3.24M to $1.73M, while imports decreased by $-108k (-51.9%) from $208k to $100k.

Destinations In June 2024, Chewing gum containing sugar, except medicinal were exported mostly to Vietnam ($1.23M), China ($320k), Thailand ($91.1k), Malaysia ($78.7k), and Kiribati ($8.08k), and were imported mostly from Vietnam ($99.4k), Australia ($590), and United States ($136).

Growth In June 2024, the decrease in Chewing gum containing sugar, except medicinal's year-by-year exports was explained primarily by a decrease in exports to China ($-657k or -77.2%) and Thailand ($-61.3k or -27.6%). In June 2024, the decrease in Chewing gum containing sugar, except medicinal's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)$-1.51M(-46.7%)

IMPORT GROWTH (June 2023 - June 2024)$-108k(-51.9%)

MAIN DESTINATION (June 2024)Vietnam$1.23M

This section shows Chewing gum containing sugar, except medicinal'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 Chewing gum containing sugar, except medicinal over time.

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