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2022
Exports $544kWorld Rnk 69 / 168
Flag Rnk 657 / 1127
2022
Destination $32.3k Japan
2021 - 2022
FASTEST GROWING MARKET $32.3kNetherlands
2022
PRODUCT COMPLEXITY IN Cut Flowers-1.54Rnk 953 / 1025
2022
Imports $13.3MWorld Rnk 50 / 203
Flag Rnk 671 / 1201
2022
Origin $2.2M China
2021 - 2022
FASTEST GROWING ORIGIN $2.2MEcuador
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $544k in Cut Flowers, making it the 69th largest exporter of Cut Flowers in the world. At the same year, Cut Flowers was the 657th most exported product in Philippines. The main destination of Cut Flowers exports from Philippines are: Japan ($175k), France ($168k), United States ($102k), Netherlands ($32.3k), and Germany ($27.2k).

The fastest growing export markets for Cut Flowers of Philippines between 2021 and 2022 were Netherlands ($32.3k), Canada ($23.1k), and United Kingdom ($8.76k).

Imports In 2022, Philippines imported $13.3M in Cut Flowers, becoming the 50th largest importer of Cut Flowers in the world. At the same year, Cut Flowers was the 671st most imported product in Philippines. Philippines imports Cut Flowers primarily from: China ($7.62M), Ecuador ($3.81M), Netherlands ($1.23M), India ($303k), and Thailand ($289k).

The fastest growing import markets in Cut Flowers for Philippines between 2021 and 2022 were Ecuador ($2.2M), China ($862k), and India ($146k).

Latest Trends

December 2023

About

Overview In December 2023 Philippines' Cut Flowers exports accounted up to $39.2k and imports accounted up to $515, resulting in a positive trade balance of $38.7k. Between December 2022 and December 2023 the exports of Philippines'   Cut Flowers have decreased by $-23.8k (-37.8%) from $63k to $39.2k, while imports decreased by $-54.3k (-99.1%) from $54.8k to $515.

Destinations In December 2023, Cut Flowers were exported mostly to , and were imported mostly from N/A.

Growth In December 2023, the decrease in Cut Flowers's year-by-year exports was explained primarily by a decrease in exports to . In June 2023, the decrease in Cut Flowers's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2022 - December 2023)$-23.8k(-37.8%)
IMPORT GROWTH (October 2020 - June 2023)$-54.3k(-99.1%)
MAIN DESTINATION (December 2023)

This section shows Cut Flowers'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 Cut Flowers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$544k
IMPORTS (2022)$13.3M
NET TRADE (2022)-$12.7M

In 2022, Philippines exported $544k in Cut Flowers. The main destinations of Philippines exports on Cut Flowers were Japan ($175k), France ($168k), United States ($102k), Netherlands ($32.3k), and Germany ($27.2k).

In 2022, Philippines imported $13.3M in Cut Flowers, mainly from China ($7.62M), Ecuador ($3.81M), Netherlands ($1.23M), India ($303k), and Thailand ($289k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cut Flowers EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Netherlands$32.3k (1%)
Canada$23.1k (16.7k%)
United Kingdom$8.76k (711%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cut Flowers BY Philippines WERE (2021 - 2022):
Germany-$1.43M (-98.1%)
France-$152k (-47.5%)
United States-$137k (-57.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Cut Flowers were:
Netherlands $4.04B
Colombia $2.05B
Ecuador $1.04B
In 2022, Philippines's main importing competitors in Cut Flowers were:
United States $2.48B
Germany $1.27B
Netherlands $907M

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Trade Value of Cut Flowers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $158k
TOP IMPORT POTENTIALNetherlands+ $955k

Cut Flowers’s highest export potential is United States. With an export gap of $158k.   Cut Flowers’s highest import potential is Netherlands with an import gap of $955k.

See methodology.

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