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2022
Exports $1.3MWorld Rnk 79 / 175
Flag Rnk 575 / 1127
2022
Destination $101k United States
2021 - 2022
FASTEST GROWING MARKET $101kUnited Kingdom
2022
PRODUCT COMPLEXITY IN Frozen Vegetables-0.82Rnk 783 / 1025
2022
Imports $9.52MWorld Rnk 63 / 220
Flag Rnk 727 / 1201
2022
Origin $192k China
2021 - 2022
FASTEST GROWING ORIGIN $192kIndia
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $1.3M in Frozen Vegetables, making it the 79th largest exporter of Frozen Vegetables in the world. At the same year, Frozen Vegetables was the 575th most exported product in Philippines. The main destination of Frozen Vegetables exports from Philippines are: United States ($888k), Canada ($179k), United Kingdom ($118k), Australia ($31.8k), and Guam ($20.7k).

The fastest growing export markets for Frozen Vegetables of Philippines between 2021 and 2022 were United Kingdom ($101k), United States ($77.7k), and Guam ($20.2k).

Imports In 2022, Philippines imported $9.52M in Frozen Vegetables, becoming the 63rd largest importer of Frozen Vegetables in the world. At the same year, Frozen Vegetables was the 727th most imported product in Philippines. Philippines imports Frozen Vegetables primarily from: China ($7.75M), Australia ($521k), Belgium ($359k), New Zealand ($306k), and India ($200k).

The fastest growing import markets in Frozen Vegetables for Philippines between 2021 and 2022 were India ($192k), New Zealand ($133k), and Spain ($27.3k).

Latest Trends

September 2024

About

Overview In September 2024 Philippines' Frozen Vegetables exports accounted up to $155k and imports accounted up to $2.43M, resulting in a negative trade balance of $2.27M. Between September 2023 and September 2024 the exports of Philippines'   Frozen Vegetables have increased by $69.4k (81%) from $85.7k to $155k, while imports decreased by $-460k (-15.9%) from $2.89M to $2.43M.

Destinations In September 2024, Frozen Vegetables were exported mostly to United States ($110k), Canada ($35.4k), New Zealand ($5.22k), Japan ($3k), and Australia ($1.68k), and were imported mostly from China ($2.23M), India ($124k), United States ($43.7k), Belgium ($23.8k), and France ($4.93k).

Growth In September 2024, the increase in Frozen Vegetables's year-by-year exports was explained primarily by an increase in exports to United Arab Emirates ($683 or 444%). In September 2024, the decrease in Frozen Vegetables's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$69.4k(81%)
IMPORT GROWTH (September 2023 - September 2024)$-460k(-15.9%)
MAIN DESTINATION (September 2024)United States$110k

This section shows Frozen Vegetables'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 Frozen Vegetables over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.3M
IMPORTS (2022)$9.52M
NET TRADE (2022)-$8.22M

In 2022, Philippines exported $1.3M in Frozen Vegetables. The main destinations of Philippines exports on Frozen Vegetables were United States ($888k), Canada ($179k), United Kingdom ($118k), Australia ($31.8k), and Guam ($20.7k).

In 2022, Philippines imported $9.52M in Frozen Vegetables, mainly from China ($7.75M), Australia ($521k), Belgium ($359k), New Zealand ($306k), and India ($200k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Frozen Vegetables EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United Kingdom$101k (587%)
United States$77.7k (9.58%)
Guam$20.2k (3.97k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Frozen Vegetables BY Philippines WERE (2021 - 2022):
Canada-$356k (-66.6%)
Saudi Arabia-$112k (-100%)
Australia-$55.3k (-63.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Frozen Vegetables were:
China $1.41B
Belgium $1.26B
Spain $703M
In 2022, Philippines's main importing competitors in Frozen Vegetables were:
United States $1.29B
Japan $1.02B
Germany $655M

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Trade Value of Frozen Vegetables by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $690k
TOP IMPORT POTENTIALChina+ $2.06M

Frozen Vegetables’s highest export potential is United States. With an export gap of $690k.   Frozen Vegetables’s highest import potential is China with an import gap of $2.06M.

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