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Exports In 2022, Philippines exported $3.44k in Densified Wood, making it the 91st largest exporter of Densified Wood in the world. At the same year, Densified Wood was the 1039th most exported product in Philippines. The main destination of Densified Wood exports from Philippines are: Finland ($2.34k), Japan ($391), South Korea ($294), Australia ($153), and Hong Kong ($81).

The fastest growing export markets for Densified Wood of Philippines between 2021 and 2022 were Finland ($1.99k), Australia ($78), and Thailand ($62).

Imports In 2022, Philippines imported $393k in Densified Wood, becoming the 82nd largest importer of Densified Wood in the world. At the same year, Densified Wood was the 1076th most imported product in Philippines. Philippines imports Densified Wood primarily from: China ($100k), Singapore ($74.4k), Vietnam ($68.3k), Sweden ($63.6k), and South Korea ($36k).

The fastest growing import markets in Densified Wood for Philippines between 2021 and 2022 were Singapore ($74.4k), Sweden ($63.6k), and Malaysia ($19.1k).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2022 - June 2024)$835(1.03k%)
IMPORT GROWTH (June 2023 - June 2024)$-12.9k(-26.3%)
MAIN DESTINATION (June 2024)Austria$586

This section shows Densified Wood'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 Densified Wood over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$3.44k
IMPORTS (2022)$393k
NET TRADE (2022)-$390k

In 2022, Philippines exported $3.44k in Densified Wood. The main destinations of Philippines exports on Densified Wood were Finland ($2.34k), Japan ($391), South Korea ($294), Australia ($153), and Hong Kong ($81).

In 2022, Philippines imported $393k in Densified Wood, mainly from China ($100k), Singapore ($74.4k), Vietnam ($68.3k), Sweden ($63.6k), and South Korea ($36k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Densified Wood EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Finland$1.99k (578%)
Australia$78 (104%)
Thailand$62 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Densified Wood BY Philippines WERE (2021 - 2022):
Japan-$199k (-99.8%)
United States-$6.96k (-100%)
South Korea-$6.16k (-95.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Densified Wood were:
In 2022, Philippines's main importing competitors in Densified Wood were:

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Trade Value of Densified Wood by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $571
TOP IMPORT POTENTIALChina+ $59.5k

Densified Wood’s highest export potential is United States. With an export gap of $571.   Densified Wood’s highest import potential is China with an import gap of $59.5k.

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