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2022
Exports $140MWorld Rnk 38 / 201
Flag Rnk 87 / 1127
2022
Destination $1.46M United States
2021 - 2022
FASTEST GROWING MARKET $1.46MMalaysia
2022
PRODUCT COMPLEXITY IN Flavored Water-0.45Rnk 684 / 1025
2022
Imports $144MWorld Rnk 46 / 225
Flag Rnk 200 / 1201
2022
Origin $10.3M Thailand
2021 - 2022
FASTEST GROWING ORIGIN $10.3MVietnam
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $140M in Flavored Water, making it the 38th largest exporter of Flavored Water in the world. At the same year, Flavored Water was the 87th most exported product in Philippines. The main destination of Flavored Water exports from Philippines are: United States ($110M), United Kingdom ($17M), Malaysia ($2.79M), China ($1.48M), and Australia ($914k).

The fastest growing export markets for Flavored Water of Philippines between 2021 and 2022 were Malaysia ($1.46M), United Kingdom ($974k), and New Zealand ($212k).

Imports In 2022, Philippines imported $144M in Flavored Water, becoming the 46th largest importer of Flavored Water in the world. At the same year, Flavored Water was the 200th most imported product in Philippines. Philippines imports Flavored Water primarily from: Thailand ($44M), Vietnam ($20.5M), United States ($13.6M), China ($13M), and South Korea ($8.8M).

The fastest growing import markets in Flavored Water for Philippines between 2021 and 2022 were Vietnam ($10.3M), Thailand ($9.06M), and Bangladesh ($6.82M).

COMPANIES In 2023, leading companies such as Del Monte Foods (1) were at the forefront of shipping Flavored Water from Philippines to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Philippines' Flavored Water exports accounted up to $911k and imports accounted up to $20.2M, resulting in a negative trade balance of $19.3M. Between August 2023 and August 2024 the exports of Philippines'   Flavored Water have decreased by $-83.5k (-8.39%) from $995k to $911k, while imports increased by $1.53M (8.16%) from $18.7M to $20.2M.

Destinations In August 2024, Flavored Water were exported mostly to Malaysia ($324k), United States ($99.3k), Samoa ($94.8k), Canada ($69.6k), and Guam ($59.5k), and were imported mostly from Thailand ($11M), Indonesia ($2.93M), Vietnam ($2.14M), Bangladesh ($634k), and China ($609k).

Growth In August 2024, the decrease in Flavored Water's year-by-year exports was explained primarily by a decrease in exports to Qatar ($-36.2k or -95.5%), Malaysia ($-10.1k or -7%), and Singapore ($-7.26k or -12.9%). In August 2024, the increase in Flavored Water's year-by-year imports was explained primarily by an increase in imports from Thailand ($3.95M or 55.9%), Vietnam ($1.91M or 181%), and Bangladesh ($1.11M or 4.1k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-83.5k(-8.39%)
IMPORT GROWTH (August 2023 - August 2024)$1.53M(8.16%)
MAIN DESTINATION (August 2024)Malaysia$324k

This section shows Flavored Water'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 Flavored Water over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$140M
IMPORTS (2022)$144M
NET TRADE (2022)-$3.93M

In 2022, Philippines exported $140M in Flavored Water. The main destinations of Philippines exports on Flavored Water were United States ($110M), United Kingdom ($17M), Malaysia ($2.79M), China ($1.48M), and Australia ($914k).

In 2022, Philippines imported $144M in Flavored Water, mainly from Thailand ($44M), Vietnam ($20.5M), United States ($13.6M), China ($13M), and South Korea ($8.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Flavored Water EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Malaysia$1.46M (110%)
United Kingdom$974k (6.06%)
New Zealand$212k (53.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flavored Water BY Philippines WERE (2021 - 2022):
United States-$19.5M (-15.1%)
Canada-$2.57M (-77%)
Australia-$715k (-43.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Flavored Water were:
Austria $3.58B
Germany $2.24B
Netherlands $2.16B
In 2022, Philippines's main importing competitors in Flavored Water were:
United States $3.26B
Germany $1.85B
United Kingdom $1.71B

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Trade Value of Flavored Water by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $9.98M
TOP IMPORT POTENTIALChina+ $3.26M

Flavored Water’s highest export potential is United Kingdom. With an export gap of $9.98M.   Flavored Water’s highest import potential is China with an import gap of $3.26M.

See methodology.

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