2023
Exports
$38.5kWorld Rnk 106 / 171
Flag Rnk 908 / 1123
2023
PRODUCT COMPLEXITY IN Honey
-1.23Rnk 883 / 1025
2023
Imports
$3.03MWorld Rnk 50 / 213
Flag Rnk 861 / 1202
2023
ECONOMIC COMPLEXITY of Philippines
0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $38.5k in Honey, making it the 106th largest exporter of Honey in the world. At the same year, Honey was the 908th most exported product in Philippines. The main destination of Honey exports from Philippines are: Singapore ($37.8k), Kuwait ($573), and France ($92).

The fastest growing export markets for Honey of Philippines between 2022 and 2023 were Singapore ($27.8k), Kuwait ($573), and France ($92).

Imports In 2023, Philippines imported $3.03M in Honey, becoming the 50th largest importer of Honey in the world. At the same year, Honey was the 861st most imported product in Philippines. Philippines imports Honey primarily from: Australia ($1.04M), Germany ($487k), United States ($330k), Vietnam ($236k), and Spain ($227k).

The fastest growing import markets in Honey for Philippines between 2022 and 2023 were Australia ($183k), Turkey ($91.8k), and Vietnam ($85.9k).

Latest Trends

Dec 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 (2023)$38.5k
IMPORTS (2023)$3.03M
NET TRADE (2023)-$2.99M

In 2023, Philippines exported $38.5k in Honey. The main destinations of Philippines exports on Honey were Singapore ($37.8k), Kuwait ($573), and France ($92).

In 2023, Philippines imported $3.03M in Honey, mainly from Australia ($1.04M), Germany ($487k), United States ($330k), Vietnam ($236k), and Spain ($227k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Honey EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
Singapore$27.8k (277%)
Kuwait$573 (1%)
France$92 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Honey BY Philippines WERE (2022 - 2023):
Japan-$2.2k (-100%)
Canada-$340 (-100%)
India-$123 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Philippines's main exporting competitors in Honey were:
In 2023, 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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