2022
Exports
$3.48kWorld Rnk 84 / 105
Flag Rnk 1038 / 1127
2022
PRODUCT COMPLEXITY IN Cocoa Paste
-0.8Rnk 779 / 1025
2022
Imports
$2.9MWorld Rnk 58 / 169
Flag Rnk 892 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $3.48k in Cocoa Paste, making it the 84th largest exporter of Cocoa Paste in the world. At the same year, Cocoa Paste was the 1038th most exported product in Philippines. The main destination of Cocoa Paste exports from Philippines are: Chinese Taipei ($1.51k), United Arab Emirates ($959), United Kingdom ($914), Bahrain ($96), and South Korea ($3).

The fastest growing export markets for Cocoa Paste of Philippines between 2021 and 2022 were United Kingdom ($914), United Arab Emirates ($761), and Chinese Taipei ($580).

Imports In 2022, Philippines imported $2.9M in Cocoa Paste, becoming the 58th largest importer of Cocoa Paste in the world. At the same year, Cocoa Paste was the 892nd most imported product in Philippines. Philippines imports Cocoa Paste primarily from: Indonesia ($1.11M), Ghana ($788k), Singapore ($630k), Spain ($205k), and Malaysia ($86.3k).

The fastest growing import markets in Cocoa Paste for Philippines between 2021 and 2022 were Ghana ($565k), Indonesia ($377k), and Spain ($162k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Cocoa Paste. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.48k
IMPORTS (2022)$2.9M
NET TRADE (2022)-$2.9M

In 2022, Philippines exported $3.48k in Cocoa Paste. The main destinations of Philippines exports on Cocoa Paste were Chinese Taipei ($1.51k), United Arab Emirates ($959), United Kingdom ($914), Bahrain ($96), and South Korea ($3).

In 2022, Philippines imported $2.9M in Cocoa Paste, mainly from Indonesia ($1.11M), Ghana ($788k), Singapore ($630k), Spain ($205k), and Malaysia ($86.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Paste EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Chinese Taipei$580 (62.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Paste BY Philippines WERE (2021 - 2022):
Netherlands-$4.27k (-100%)
Bahrain-$3.21k (-97.1%)
France-$562 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Cocoa Paste were:
In 2022, Philippines's main importing competitors in Cocoa Paste were:

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Trade Value of Cocoa Paste by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $862
TOP IMPORT POTENTIALIndonesia+ $259k

Cocoa Paste’s highest export potential is United Arab Emirates. With an export gap of $862.   Cocoa Paste’s highest import potential is Indonesia with an import gap of $259k.

See methodology.

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