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2022
Exports $22.3MWorld Rnk 95 / 175
Flag Rnk 68 / 96
2022
Destination $6.53M Vietnam
2021 - 2022
FASTEST GROWING MARKET $6.53MVietnam
2022
PRODUCT COMPLEXITY IN Fertilizers-0.82Rnk 785 / 1025
2022
Imports $1.13BWorld Rnk 28 / 223
Flag Rnk 30 / 96
2022
Origin $161M China
2021 - 2022
FASTEST GROWING ORIGIN $161MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $22.3M in Fertilizers, making it the 95th largest exporter of Fertilizers in the world. At the same year, Fertilizers was the 68th most exported product in Philippines. The main destination of Fertilizers exports from Philippines are: Vietnam ($19.2M), Indonesia ($1.2M), Thailand ($549k), Malaysia ($433k), and Hong Kong ($370k).

The fastest growing export markets for Fertilizers of Philippines between 2021 and 2022 were Vietnam ($6.53M), Indonesia ($1.13M), and Malaysia ($207k).

Imports In 2022, Philippines imported $1.13B in Fertilizers, becoming the 28th largest importer of Fertilizers in the world. At the same year, Fertilizers was the 30th most imported product in Philippines. Philippines imports Fertilizers primarily from: China ($422M), Indonesia ($131M), Malaysia ($125M), Qatar ($82.8M), and Canada ($67.6M).

The fastest growing import markets in Fertilizers for Philippines between 2021 and 2022 were China ($161M), Qatar ($43M), and Vietnam ($38.9M).

Latest Trends

September 2024

About

Overview In September 2024 Philippines' Fertilizers exports accounted up to $4.15M and imports accounted up to $62.6M, resulting in a negative trade balance of $58.5M. Between September 2023 and September 2024 the exports of Philippines'   Fertilizers have increased by $2.15M (108%) from $2M to $4.15M, while imports decreased by $-25.3M (-28.8%) from $88M to $62.6M.

Destinations In September 2024, Fertilizers were exported mostly to Vietnam ($4.03M), Japan ($49.9k), Thailand ($27k), Australia ($26.8k), and Indonesia ($14.9k), and were imported mostly from China ($23.8M), Malaysia ($20.2M), Indonesia ($5.71M), Vietnam ($4.36M), and Norway ($1.61M).

Growth In September 2024, the increase in Fertilizers's year-by-year exports was explained primarily by an increase in exports to Australia ($128k or 453%) and Malaysia ($37.6k or 238%). In September 2024, the decrease in Fertilizers's year-by-year imports was explained primarily by a decrease in imports from Norway ($-5.64M or -66%), China ($-4.99M or -20.4%), and Japan ($-2.36M or -66.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$2.15M(108%)
IMPORT GROWTH (September 2023 - September 2024)$-25.3M(-28.8%)
MAIN DESTINATION (September 2024)Vietnam$4.03M

This section shows Fertilizers'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 Fertilizers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$22.3M
IMPORTS (2022)$1.13B
NET TRADE (2022)-$1.1B

In 2022, Philippines exported $22.3M in Fertilizers. The main destinations of Philippines exports on Fertilizers were Vietnam ($19.2M), Indonesia ($1.2M), Thailand ($549k), Malaysia ($433k), and Hong Kong ($370k).

In 2022, Philippines imported $1.13B in Fertilizers, mainly from China ($422M), Indonesia ($131M), Malaysia ($125M), Qatar ($82.8M), and Canada ($67.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fertilizers EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Vietnam$6.53M (51.7%)
Indonesia$1.13M (1.76k%)
Malaysia$207k (91.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fertilizers BY Philippines WERE (2021 - 2022):
Hong Kong-$552k (-59.9%)
Papua New Guinea-$394k (-100%)
South Korea-$386k (-84.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Fertilizers were:
Russia $18.7B
Canada $14.5B
China $12.7B
In 2022, Philippines's main importing competitors in Fertilizers were:
Brazil $22.5B
India $17B
United States $13.3B

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Trade Value of Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $696k
TOP IMPORT POTENTIALChina+ $20.4M

Fertilizers’s highest export potential is Indonesia. With an export gap of $696k.   Fertilizers’s highest import potential is China with an import gap of $20.4M.

See methodology.

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