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2023
Exports $2.56MWorld Rnk 99 / 199
Flag Rnk 476 / 1123
2023
Destination $635k United States
2022 - 2023
FASTEST GROWING MARKET $635kUnited States
2023
PRODUCT COMPLEXITY IN Coffee-1.51Rnk 945 / 1025
2023
Imports $154MWorld Rnk 42 / 225
Flag Rnk 155 / 1202
2023
Origin $13.3M Vietnam
2022 - 2023
FASTEST GROWING ORIGIN $13.3MIndonesia
2023
ECONOMIC COMPLEXITY of Philippines0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $2.56M in Coffee, making it the 99th largest exporter of Coffee in the world. At the same year, Coffee was the 476th most exported product in Philippines. The main destination of Coffee exports from Philippines are: United States ($1.45M), Nigeria ($252k), Switzerland ($192k), Canada ($187k), and United Kingdom ($157k).

The fastest growing export markets for Coffee of Philippines between 2022 and 2023 were United States ($635k), Switzerland ($183k), and United Kingdom ($153k).

Imports In 2023, Philippines imported $154M in Coffee, becoming the 42nd largest importer of Coffee in the world. At the same year, Coffee was the 155th most imported product in Philippines. Philippines imports Coffee primarily from: Vietnam ($101M), Indonesia ($21.4M), Malaysia ($17.4M), Switzerland ($4.56M), and Brazil ($2.68M).

The fastest growing import markets in Coffee for Philippines between 2022 and 2023 were Indonesia ($13.3M), Vietnam ($6.84M), and Malaysia ($4.87M).

COMPANIES In 2023, leading companies such as Cinmar (3) were at the forefront of shipping Coffee from Philippines to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Philippines' Coffee exports accounted up to $217k and imports accounted up to $19.3M, resulting in a negative trade balance of $19.1M. Between May 2023 and July 2024 the exports of Philippines'   Coffee have increased by $63.3k (41.2%) from $154k to $217k, while imports increased by $5.7M (41.8%) from $13.6M to $19.3M.

Destinations In July 2024, Coffee were exported mostly to United Arab Emirates ($87.1k), Japan ($83.3k), Qatar ($44.3k), and Bahrain ($2.37k), and were imported mostly from Vietnam ($15.2M), Malaysia ($1.92M), Indonesia ($1.06M), Switzerland ($385k), and China ($277k).

Growth In July 2024, the increase in Coffee's year-by-year exports was explained primarily by an increase in exports to United States ($6.21k or 985%). In July 2024, the increase in Coffee's year-by-year imports was explained primarily by an increase in imports from Malaysia ($1.08M or 343%), Indonesia ($538k or 203%), and Switzerland ($144k or 158%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - July 2024)$63.3k(41.2%)
IMPORT GROWTH (July 2023 - July 2024)$5.7M(41.8%)
MAIN DESTINATION (July 2024)United Arab Emirates$87.1k

This section shows Coffee'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 Coffee over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.56M
IMPORTS (2023)$154M
NET TRADE (2023)-$152M

In 2023, Philippines exported $2.56M in Coffee. The main destinations of Philippines exports on Coffee were United States ($1.45M), Nigeria ($252k), Switzerland ($192k), Canada ($187k), and United Kingdom ($157k).

In 2023, Philippines imported $154M in Coffee, mainly from Vietnam ($101M), Indonesia ($21.4M), Malaysia ($17.4M), Switzerland ($4.56M), and Brazil ($2.68M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Coffee EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
United States$635k (77.4%)
Switzerland$183k (1.92k%)
United Kingdom$153k (4.22k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coffee BY Philippines WERE (2022 - 2023):
Nigeria-$505k (-66.7%)
Qatar-$216k (-99.8%)
Australia-$24.7k (-30.3%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Philippines's main exporting competitors in Coffee were:
Brazil $8.2B
Switzerland $3.69B
Colombia $3.19B
In 2023, Philippines's main importing competitors in Coffee were:
United States $7.85B
Germany $4.06B
France $3.09B

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Trade Value of Coffee by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.19M
TOP IMPORT POTENTIALBrazil+ $5.59M

Coffee’s highest export potential is United States. With an export gap of $1.19M.   Coffee’s highest import potential is Brazil with an import gap of $5.59M.

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