2022
Exports
$3.78kWorld Rnk 139 / 176
Flag Rnk 1035 / 1127
2022
PRODUCT COMPLEXITY IN Honey
-1.08Rnk 851 / 1025
2022
Imports
$4.75MWorld Rnk 47 / 209
Flag Rnk 834 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $3.78k in Honey, making it the 139th largest exporter of Honey in the world. At the same year, Honey was the 1035th most exported product in Philippines. The main destination of Honey exports from Philippines are: Japan ($2.11k), Singapore ($1.08k), Canada ($320), India ($123), and South Korea ($108).

The fastest growing export markets for Honey of Philippines between 2021 and 2022 were Canada ($318), South Korea ($104), and India ($97).

Imports In 2022, Philippines imported $4.75M in Honey, becoming the 47th largest importer of Honey in the world. At the same year, Honey was the 834th most imported product in Philippines. Philippines imports Honey primarily from: United States ($1.73M), Germany ($910k), Australia ($752k), Argentina ($299k), and Spain ($286k).

The fastest growing import markets in Honey for Philippines between 2021 and 2022 were United States ($805k), Germany ($390k), and Austria ($269k).

Latest Trends

Oct 2024

Subnational Monthly Trade

View
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 Honey. 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)$3.78k
IMPORTS (2022)$4.75M
NET TRADE (2022)-$4.74M

In 2022, Philippines exported $3.78k in Honey. The main destinations of Philippines exports on Honey were Japan ($2.11k), Singapore ($1.08k), Canada ($320), India ($123), and South Korea ($108).

In 2022, Philippines imported $4.75M in Honey, mainly from United States ($1.73M), Germany ($910k), Australia ($752k), Argentina ($299k), and Spain ($286k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Honey EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Canada$318 (15.9k%)
South Korea$104 (2.6k%)
India$97 (373%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Honey BY Philippines WERE (2021 - 2022):
Singapore-$10.2k (-90.4%)
United States-$8.12k (-100%)
Japan-$2.26k (-51.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Honey were:
In 2022, Philippines's main importing competitors in Honey were:

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Trade Value of Honey by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $5.46k
TOP IMPORT POTENTIALVietnam+ $168k

Honey’s highest export potential is Japan. With an export gap of $5.46k.   Honey’s highest import potential is Vietnam with an import gap of $168k.

See methodology.

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