2023
Exports
$262MWorld Rnk 8 / 176
Flag Rnk 49 / 1123
2023
PRODUCT COMPLEXITY IN Coconuts, Brazil Nuts, and Cashews
-2.62Rnk 1022 / 1025
2023
Imports
$14.1MWorld Rnk 55 / 215
Flag Rnk 589 / 1202
2023
ECONOMIC COMPLEXITY of Philippines
0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $262M in Coconuts, Brazil Nuts, and Cashews, making it the 8th largest exporter of Coconuts, Brazil Nuts, and Cashews in the world. At the same year, Coconuts, Brazil Nuts, and Cashews was the 49th most exported product in Philippines. The main destination of Coconuts, Brazil Nuts, and Cashews exports from Philippines are: United States ($59.6M), Netherlands ($39.4M), China ($15.5M), Germany ($15.3M), and Canada ($14.8M).

The fastest growing export markets for Coconuts, Brazil Nuts, and Cashews of Philippines between 2022 and 2023 were China ($2.07M), Indonesia ($1.69M), and Singapore ($1.63M).

Imports In 2023, Philippines imported $14.1M in Coconuts, Brazil Nuts, and Cashews, becoming the 55th largest importer of Coconuts, Brazil Nuts, and Cashews in the world. At the same year, Coconuts, Brazil Nuts, and Cashews was the 589th most imported product in Philippines. Philippines imports Coconuts, Brazil Nuts, and Cashews primarily from: Vietnam ($13.3M), Brazil ($237k), Indonesia ($133k), United Arab Emirates ($99.6k), and Peru ($70.5k).

The fastest growing import markets in Coconuts, Brazil Nuts, and Cashews for Philippines between 2022 and 2023 were Vietnam ($1.12M), Brazil ($237k), and United Arab Emirates ($99.5k).

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$5.14M(21.6%)
IMPORT GROWTH (July 2023 - July 2024)$-59k(-3.6%)
MAIN DESTINATION (July 2024)United States$6.89M

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 (2023)$262M
IMPORTS (2023)$14.1M
NET TRADE (2023)$248M

In 2023, Philippines exported $262M in Coconuts, Brazil Nuts, and Cashews. The main destinations of Philippines exports on Coconuts, Brazil Nuts, and Cashews were United States ($59.6M), Netherlands ($39.4M), China ($15.5M), Germany ($15.3M), and Canada ($14.8M).

In 2023, Philippines imported $14.1M in Coconuts, Brazil Nuts, and Cashews, mainly from Vietnam ($13.3M), Brazil ($237k), Indonesia ($133k), United Arab Emirates ($99.6k), and Peru ($70.5k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Coconuts, Brazil Nuts, and Cashews EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
China$2.07M (15.4%)
Indonesia$1.69M (121%)
Singapore$1.63M (5.79k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coconuts, Brazil Nuts, and Cashews BY Philippines WERE (2022 - 2023):
United States-$69.7M (-53.9%)
Netherlands-$44.1M (-52.8%)
Turkey-$9.84M (-50%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Philippines's main exporting competitors in Coconuts, Brazil Nuts, and Cashews were:
In 2023, Philippines's main importing competitors in Coconuts, Brazil Nuts, and Cashews were:

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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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