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2022
Exports $750World Rnk 80 / 99
Flag Rnk 1084 / 1127
2022
Destination $750 Guatemala
2021 - 2022
FASTEST GROWING MARKET $750Guatemala
2022
PRODUCT COMPLEXITY IN Ground Nut Oil-1.93Rnk 993 / 1025
2022
Imports $77.3kWorld Rnk 65 / 185
Flag Rnk 1152 / 1201
2022
Origin $28.6k Singapore
2021 - 2022
FASTEST GROWING ORIGIN $28.6kSingapore
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $750 in Ground Nut Oil, making it the 80th largest exporter of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 1084th most exported product in Philippines. The main destination of Ground Nut Oil exports from Philippines are: Guatemala ($750).

The fastest growing export markets for Ground Nut Oil of Philippines between 2021 and 2022 were Guatemala ($750).

Imports In 2022, Philippines imported $77.3k in Ground Nut Oil, becoming the 65th largest importer of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 1152nd most imported product in Philippines. Philippines imports Ground Nut Oil primarily from: Singapore ($28.9k), China ($23.7k), Malaysia ($22.2k), Australia ($1.57k), and Japan ($691).

The fastest growing import markets in Ground Nut Oil for Philippines between 2021 and 2022 were Singapore ($28.6k), Malaysia ($22.2k), and Japan ($36).

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Ground Nut Oil. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$750
IMPORTS (2022)$77.3k
NET TRADE (2022)-$76.6k

In 2022, Philippines exported $750 in Ground Nut Oil. The main destinations of Philippines exports on Ground Nut Oil were Guatemala ($750).

In 2022, Philippines imported $77.3k in Ground Nut Oil, mainly from Singapore ($28.9k), China ($23.7k), Malaysia ($22.2k), Australia ($1.57k), and Japan ($691).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ground Nut Oil EXPORT MARKETS FOR Philippines WERE (2021 - 2022):Guatemala$750 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ground Nut Oil BY Philippines WERE (2021 - 2022):
Saudi Arabia-$253 (-100%)
Austria-$109 (-100%)
Ireland-$8 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Ground Nut Oil were:
Brazil $277M
India $156M
Argentina $128M
In 2022, Philippines's main importing competitors in Ground Nut Oil were:
China $475M
Italy $65.8M
United States $54.3M

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Trade Value of Ground Nut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $760
TOP IMPORT POTENTIALChina+ $11.3k

Ground Nut Oil’s highest export potential is China. With an export gap of $760.   Ground Nut Oil’s highest import potential is China with an import gap of $11.3k.

See methodology.

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