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2023
Exports $129MWorld Rnk 34 / 127
Flag Rnk 86 / 1123
2023
Destination $48M China
2022 - 2023
FASTEST GROWING MARKET $48MChina
2023
PRODUCT COMPLEXITY IN Coal Tar Oil-0.02Rnk 567 / 1025
2023
Imports $14.9MWorld Rnk 67 / 187
Flag Rnk 575 / 1202
2023
Origin $131k South Korea
2022 - 2023
FASTEST GROWING ORIGIN $131kGermany
2023
ECONOMIC COMPLEXITY of Philippines0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $129M in Coal Tar Oil, making it the 34th largest exporter of Coal Tar Oil in the world. At the same year, Coal Tar Oil was the 86th most exported product in Philippines. The main destination of Coal Tar Oil exports from Philippines are: China ($104M), United States ($13.1M), India ($5.4M), Singapore ($4.3M), and Indonesia ($2.17M).

The fastest growing export markets for Coal Tar Oil of Philippines between 2022 and 2023 were China ($48M), United States ($13.1M), and India ($3.22M).

Imports In 2023, Philippines imported $14.9M in Coal Tar Oil, becoming the 67th largest importer of Coal Tar Oil in the world. At the same year, Coal Tar Oil was the 575th most imported product in Philippines. Philippines imports Coal Tar Oil primarily from: South Korea ($6.81M), Thailand ($6.32M), Singapore ($736k), Germany ($393k), and Malaysia ($243k).

The fastest growing import markets in Coal Tar Oil for Philippines between 2022 and 2023 were Germany ($131k), Malaysia ($82.4k), and Australia ($51.9k).

COMPANIES In 2023, leading companies such as JP Boden Services (2) and Motorola (1) were at the forefront of shipping Coal Tar Oil from Philippines to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Philippines' Coal Tar Oil exports accounted up to $3.11M and imports accounted up to $1.09M, resulting in a positive trade balance of $2.01M. Between May 2022 and July 2024 the exports of Philippines'   Coal Tar Oil have increased by $1.54M (98.4%) from $1.57M to $3.11M, while imports increased by $833k (321%) from $260k to $1.09M.

Destinations In July 2024, Coal Tar Oil were exported mostly to India ($1.79M) and Malaysia ($1.32M), and were imported mostly from South Korea ($1.04M), Hong Kong ($23.6k), China ($16.1k), Japan ($6.45k), and Germany ($2.37k).

Growth In July 2024, the increase in Coal Tar Oil's year-by-year exports was explained primarily by an increase in exports to . In July 2024, the increase in Coal Tar Oil's year-by-year imports was explained primarily by an increase in imports from South Korea ($620k or 140%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2022 - July 2024)$1.54M(98.4%)
IMPORT GROWTH (July 2023 - July 2024)$833k(321%)
MAIN DESTINATION (July 2024)India$1.79M

This section shows Coal Tar Oil'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 Coal Tar Oil over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$129M
IMPORTS (2023)$14.9M
NET TRADE (2023)$115M

In 2023, Philippines exported $129M in Coal Tar Oil. The main destinations of Philippines exports on Coal Tar Oil were China ($104M), United States ($13.1M), India ($5.4M), Singapore ($4.3M), and Indonesia ($2.17M).

In 2023, Philippines imported $14.9M in Coal Tar Oil, mainly from South Korea ($6.81M), Thailand ($6.32M), Singapore ($736k), Germany ($393k), and Malaysia ($243k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Coal Tar Oil EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
China$48M (84.9%)
United States$13.1M (1%)
India$3.22M (148%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coal Tar Oil BY Philippines WERE (2022 - 2023):
South Korea-$8.96M (-100%)
Indonesia-$4.56M (-67.8%)
Singapore-$3.7M (-46.3%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Philippines's main exporting competitors in Coal Tar Oil were:
Netherlands $3.56B
United States $3.08B
Germany $2.2B
In 2023, Philippines's main importing competitors in Coal Tar Oil were:
Netherlands $5.75B
Belgium $3.07B
Ecuador $2.29B

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Trade Value of Coal Tar Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $8.77M
TOP IMPORT POTENTIALJapan+ $2.13M

Coal Tar Oil’s highest export potential is China. With an export gap of $8.77M.   Coal Tar Oil’s highest import potential is Japan with an import gap of $2.13M.

See methodology.

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