2022
Exports
$22.3MWorld Rnk 95 / 175
Flag Rnk 68 / 96
2022
PRODUCT COMPLEXITY IN Fertilizers
-0.82Rnk 785 / 1025
2022
Imports
$1.13BWorld Rnk 28 / 223
Flag Rnk 30 / 96
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 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

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$286k(126%)
IMPORT GROWTH (August 2023 - August 2024)$17.9M(23.5%)
MAIN DESTINATION (August 2024)Vietnam$217k

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%)

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:

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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.

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