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Pricing

2022
Exports $416MWorld Rnk 7 / 175
Flag Rnk 36 / 1127
2022
Destination $23.2M United States
2021 - 2022
FASTEST GROWING MARKET $23.2MNetherlands
2022
PRODUCT COMPLEXITY IN Coconuts, Brazil Nuts, and Cashews-2.44Rnk 1017 / 1025
2022
Imports $13MWorld Rnk 59 / 212
Flag Rnk 675 / 1201
2022
Origin $2.16M Vietnam
2021 - 2022
FASTEST GROWING ORIGIN $2.16MVietnam
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $416M in Coconuts, Brazil Nuts, and Cashews, making it the 7th largest exporter of Coconuts, Brazil Nuts, and Cashews in the world. At the same year, Coconuts, Brazil Nuts, and Cashews was the 36th most exported product in Philippines. The main destination of Coconuts, Brazil Nuts, and Cashews exports from Philippines are: United States ($127M), Netherlands ($81.8M), Canada ($20.4M), Germany ($19.3M), and Turkey ($19.1M).

The fastest growing export markets for Coconuts, Brazil Nuts, and Cashews of Philippines between 2021 and 2022 were Netherlands ($23.2M), United States ($11.8M), and Turkey ($6.08M).

Imports In 2022, Philippines imported $13M in Coconuts, Brazil Nuts, and Cashews, becoming the 59th largest importer of Coconuts, Brazil Nuts, and Cashews in the world. At the same year, Coconuts, Brazil Nuts, and Cashews was the 675th most imported product in Philippines. Philippines imports Coconuts, Brazil Nuts, and Cashews primarily from: Vietnam ($12.1M), United States ($315k), Indonesia ($273k), New Zealand ($107k), and United Kingdom ($77.7k).

The fastest growing import markets in Coconuts, Brazil Nuts, and Cashews for Philippines between 2021 and 2022 were Vietnam ($2.16M), New Zealand ($107k), and United Kingdom ($77.7k).

Latest Trends

December 2023

About

Overview In December 2023 Philippines' Coconuts, Brazil Nuts, and Cashews exports accounted up to $19.6M and imports accounted up to $1.09M, resulting in a positive trade balance of $18.5M. Between December 2022 and December 2023 the exports of Philippines'   Coconuts, Brazil Nuts, and Cashews have decreased by $-4.66M (-19.2%) from $24.3M to $19.6M, while imports decreased by $-360k (-24.8%) from $1.45M to $1.09M.

Destinations In December 2023, Coconuts, Brazil Nuts, and Cashews were exported mostly to , and were imported mostly from .

Growth In December 2023, the decrease in Coconuts, Brazil Nuts, and Cashews's year-by-year exports was explained primarily by a decrease in exports to United States ($-4.14M or -48.9%), Netherlands ($-4.03M or -56.9%), and Canada ($-1.25M or -77.9%). In December 2023, the decrease in Coconuts, Brazil Nuts, and Cashews's year-by-year imports was explained primarily by a decrease in imports from Vietnam ($-230k or -17.1%) and Indonesia ($-9.31k or -32.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2022 - December 2023)$-4.66M(-19.2%)
IMPORT GROWTH (December 2022 - December 2023)$-360k(-24.8%)
MAIN DESTINATION (December 2023)

This section shows Coconuts, Brazil Nuts, and Cashews'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 Coconuts, Brazil Nuts, and Cashews over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$416M
IMPORTS (2022)$13M
NET TRADE (2022)$403M

In 2022, Philippines exported $416M in Coconuts, Brazil Nuts, and Cashews. The main destinations of Philippines exports on Coconuts, Brazil Nuts, and Cashews were United States ($127M), Netherlands ($81.8M), Canada ($20.4M), Germany ($19.3M), and Turkey ($19.1M).

In 2022, Philippines imported $13M in Coconuts, Brazil Nuts, and Cashews, mainly from Vietnam ($12.1M), United States ($315k), Indonesia ($273k), New Zealand ($107k), and United Kingdom ($77.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coconuts, Brazil Nuts, and Cashews EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Netherlands$23.2M (39.7%)
United States$11.8M (10.3%)
Turkey$6.08M (46.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coconuts, Brazil Nuts, and Cashews BY Philippines WERE (2021 - 2022):
China-$8.32M (-39.9%)
Russia-$7.6M (-33.7%)
United Kingdom-$6.7M (-32.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Coconuts, Brazil Nuts, and Cashews were:
Vietnam $2.93B
Cote d'Ivoire $1.03B
Cambodia $982M
In 2022, Philippines's main importing competitors in Coconuts, Brazil Nuts, and Cashews were:
Vietnam $2.14B
India $1.78B
United States $1.15B

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Trade Value of Coconuts, Brazil Nuts, and Cashews by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $13M
TOP IMPORT POTENTIALVietnam+ $2.78M

Coconuts, Brazil Nuts, and Cashews’s highest export potential is China. With an export gap of $13M.   Coconuts, Brazil Nuts, and Cashews’s highest import potential is Vietnam with an import gap of $2.78M.

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