Homogenised composite food preparations in Philippines | The Observatory of Economic Complexity

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Exports In 2022, Philippines exported N/A in Homogenised composite food preparations, making it the 74th largest exporter of Homogenised composite food preparations in the world. At the same year, Homogenised composite food preparations was the 2242nd most exported product in Philippines. The main destination of Homogenised composite food preparations exports from Philippines are: Bahrain ($29.1k), Singapore ($11.9k), Japan ($10.3k), Kuwait ($7k), and United Arab Emirates ($3.68k).

The fastest growing export markets for Homogenised composite food preparations of Philippines between 2021 and 2022 were Bahrain ($18.8k), Kuwait ($4.59k), and Switzerland ($1.17k).

The fastest growing import markets in Homogenised composite food preparations for Philippines between 2021 and 2022 were United States ($531k), Malaysia ($232k), and Thailand ($212k).

COMPANIES In 2023, leading companies such as Del Monte Foods (741), Yokohama Industries (278), and ABB Motors and Mechanical (197) were at the forefront of shipping Homogenised composite food preparations from Philippines to the United States.

Latest Trends

May 2024

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Overview In May 2024 Philippines' Homogenised composite food preparations exports accounted up to $445 and imports accounted up to $284k, resulting in a negative trade balance of $284k. Between February 2021 and May 2024 the exports of Philippines' Homogenised composite food preparations have decreased by $-9.41k (-95.5%) from $9.85k to $445, while imports increased by $143k (102%) from $141k to $284k.

Destinations In May 2024, Homogenised composite food preparations were exported mostly to , and were imported mostly from United States ($127k), Japan ($97.4k), Canada ($53.6k), South Korea ($4.31k), and United Kingdom ($2.4k).

Growth In May 2024, the decrease in Homogenised composite food preparations's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the increase in Homogenised composite food preparations's year-by-year imports was explained primarily by an increase in imports from United States ($16.4k or 28.6%) and Japan ($342 or 8.02%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2021 - May 2024)$-9.41k(-95.5%)

IMPORT GROWTH (June 2023 - June 2024)$143k(102%)

MAIN DESTINATION (May 2024)

This section shows Homogenised composite food preparations'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 Homogenised composite food preparations over time.

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