Sign In
Pricing

2022
Exports $671kWorld Rnk 60 / 140
Flag Rnk 638 / 1127
2022
Destination $173k Ukraine
2021 - 2022
FASTEST GROWING MARKET $173kSpain
2022
PRODUCT COMPLEXITY IN Enzymes1.11Rnk 130 / 1025
2022
Imports $45.1MWorld Rnk 36 / 200
Flag Rnk 403 / 1201
2022
Origin $9.07M Singapore
2021 - 2022
FASTEST GROWING ORIGIN $9.07MNetherlands
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $671k in Enzymes, making it the 60th largest exporter of Enzymes in the world. At the same year, Enzymes was the 638th most exported product in Philippines. The main destination of Enzymes exports from Philippines are: Ukraine ($237k), Spain ($173k), Indonesia ($160k), Singapore ($24.1k), and United States ($17.2k).

The fastest growing export markets for Enzymes of Philippines between 2021 and 2022 were Spain ($173k), Indonesia ($160k), and Ukraine ($128k).

Imports In 2022, Philippines imported $45.1M in Enzymes, becoming the 36th largest importer of Enzymes in the world. At the same year, Enzymes was the 403rd most imported product in Philippines. Philippines imports Enzymes primarily from: Singapore ($16.8M), Netherlands ($9.9M), China ($3.88M), Malaysia ($3.8M), and United States ($2.32M).

The fastest growing import markets in Enzymes for Philippines between 2021 and 2022 were Netherlands ($9.07M), Singapore ($4.08M), and Malaysia ($1.09M).

Latest Trends

May 2024

About

Overview In May 2024 Philippines' Enzymes exports accounted up to $5.7k and imports accounted up to $3.94M, resulting in a negative trade balance of $3.94M. Between August 2022 and May 2024 the exports of Philippines'   Enzymes have increased by $1.89k (49.6%) from $3.81k to $5.7k, while imports increased by $1.19M (43.4%) from $2.75M to $3.94M.

Destinations In May 2024, Enzymes were exported mostly to , and were imported mostly from Singapore ($751k), Denmark ($553k), Finland ($472k), Spain ($449k), and Germany ($395k).

Growth In May 2024, the increase in Enzymes's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the increase in Enzymes's year-by-year imports was explained primarily by an increase in imports from Singapore ($812k or 164%), Finland ($125k or 97.1%), and Germany ($124k or 111%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2022 - May 2024)$1.89k(49.6%)
IMPORT GROWTH (June 2023 - June 2024)$1.19M(43.4%)
MAIN DESTINATION (May 2024)

This section shows Enzymes'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 Enzymes over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$671k
IMPORTS (2022)$45.1M
NET TRADE (2022)-$44.4M

In 2022, Philippines exported $671k in Enzymes. The main destinations of Philippines exports on Enzymes were Ukraine ($237k), Spain ($173k), Indonesia ($160k), Singapore ($24.1k), and United States ($17.2k).

In 2022, Philippines imported $45.1M in Enzymes, mainly from Singapore ($16.8M), Netherlands ($9.9M), China ($3.88M), Malaysia ($3.8M), and United States ($2.32M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Enzymes EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Spain$173k (96.4k%)
Indonesia$160k (594k%)
Ukraine$128k (117%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Enzymes BY Philippines WERE (2021 - 2022):
Denmark-$143k (-100%)
Chinese Taipei-$21.2k (-100%)
United Arab Emirates-$13.7k (-86.5%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Enzymes were:
Denmark $1.54B
United States $1.02B
Netherlands $659M
In 2022, Philippines's main importing competitors in Enzymes were:
United States $1.08B
Germany $605M
Netherlands $556M

Explore Visualizations

Trade Value of Enzymes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $58.3k
TOP IMPORT POTENTIALChina+ $2.63M

Enzymes’s highest export potential is United States. With an export gap of $58.3k.   Enzymes’s highest import potential is China with an import gap of $2.63M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms