Corn in Philippines | The Observatory of Economic Complexity

About

Exports In 2023, Philippines exported $5.33M in Corn, making it the 60th largest exporter of Corn in the world. At the same year, Corn was the 387th most exported product in Philippines. The main destination of Corn exports from Philippines are: Vietnam ($5.16M), Indonesia ($78.1k), Maldives ($23.5k), Malaysia ($16.3k), and Brazil ($15.3k).

The fastest growing export markets for Corn of Philippines between 2022 and 2023 were Indonesia ($74.2k), Brazil ($14.8k), and United Arab Emirates ($7.27k).

Imports In 2023, Philippines imported $283M in Corn, becoming the 38th largest importer of Corn in the world. At the same year, Corn was the 92nd most imported product in Philippines. Philippines imports Corn primarily from: Argentina ($89.9M), Vietnam ($73.7M), Indonesia ($33.4M), Burma ($32.6M), and Brazil ($26.5M).

The fastest growing import markets in Corn for Philippines between 2022 and 2023 were Argentina ($64.1M), Vietnam ($46.5M), and Pakistan ($9.84M).

Latest Trends

July 2024

About

Overview In July 2024 Philippines' Corn exports accounted up to $4.81k and imports accounted up to $57.6M, resulting in a negative trade balance of $57.6M. Between July 2023 and July 2024 the exports of Philippines' Corn have decreased by $-183k (-97.4%) from $187k to $4.81k, while imports increased by $40.5M (238%) from $17M to $57.6M.

Destinations In July 2024, Corn were exported mostly to Indonesia ($4.74k), Brazil ($42), and Thailand ($27), and were imported mostly from Burma ($20.9M), Indonesia ($12.6M), Pakistan ($11.7M), United States ($5.72M), and Vietnam ($4.99M).

Growth In July 2024, the decrease in Corn's year-by-year exports was explained primarily by a decrease in exports to . In July 2024, the increase in Corn's year-by-year imports was explained primarily by an increase in imports from United States ($481k or 84.7%), Argentina ($431k or 112%), and Australia ($123k or 6.69k%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (July 2023 - July 2024)$-183k(-97.4%)

IMPORT GROWTH (July 2023 - July 2024)$40.5M(238%)

MAIN DESTINATION (July 2024)Indonesia$4.74k

This section shows Corn'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 Corn over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2023)$5.33M

IMPORTS (2023)$283M

NET TRADE (2023)-$278M

In 2023, Philippines exported $5.33M in Corn. The main destinations of Philippines exports on Corn were Vietnam ($5.16M), Indonesia ($78.1k), Maldives ($23.5k), Malaysia ($16.3k), and Brazil ($15.3k).

In 2023, Philippines imported $283M in Corn, mainly from Argentina ($89.9M), Vietnam ($73.7M), Indonesia ($33.4M), Burma ($32.6M), and Brazil ($26.5M).

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