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2022
Exports $8.75MWorld Rnk 24 / 167
Flag Rnk 357 / 1127
2022
Destination $29k Chinese Taipei
2021 - 2022
FASTEST GROWING MARKET $29kRussia
2022
PRODUCT COMPLEXITY IN Legume Flours-1.66Rnk 969 / 1025
2022
Imports $1.93MWorld Rnk 57 / 213
Flag Rnk 950 / 1201
2022
Origin $178k Indonesia
2021 - 2022
FASTEST GROWING ORIGIN $178kThailand
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $8.75M in Legume Flours, making it the 24th largest exporter of Legume Flours in the world. At the same year, Legume Flours was the 357th most exported product in Philippines. The main destination of Legume Flours exports from Philippines are: Chinese Taipei ($2.08M), South Korea ($1.86M), United States ($1.2M), Canada ($871k), and Japan ($663k).

The fastest growing export markets for Legume Flours of Philippines between 2021 and 2022 were Russia ($29k), Israel ($28.4k), and United Arab Emirates ($27.1k).

Imports In 2022, Philippines imported $1.93M in Legume Flours, becoming the 57th largest importer of Legume Flours in the world. At the same year, Legume Flours was the 950th most imported product in Philippines. Philippines imports Legume Flours primarily from: Indonesia ($538k), United States ($434k), Thailand ($420k), Vietnam ($137k), and India ($115k).

The fastest growing import markets in Legume Flours for Philippines between 2021 and 2022 were Thailand ($178k), United States ($111k), and United Kingdom ($77.4k).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Legume Flours exports accounted up to $256k and imports accounted up to $49.5k, resulting in a positive trade balance of $207k. Between June 2023 and June 2024 the exports of Philippines'   Legume Flours have increased by $57.3k (28.8%) from $199k to $256k, while imports decreased by $-255k (-83.7%) from $304k to $49.5k.

Destinations In June 2024, Legume Flours were exported mostly to United States ($65.5k), Vietnam ($43.9k), Japan ($43.2k), Chinese Taipei ($35.9k), and Germany ($25.6k), and were imported mostly from Thailand ($30.9k), Vietnam ($10.5k), India ($3.32k), United States ($3.14k), and Chinese Taipei ($1.58k).

Growth In June 2024, the increase in Legume Flours's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the decrease in Legume Flours's year-by-year imports was explained primarily by a decrease in imports from Chinese Taipei ($-606 or -80.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$57.3k(28.8%)
IMPORT GROWTH (June 2023 - June 2024)$-255k(-83.7%)
MAIN DESTINATION (June 2024)United States$65.5k

This section shows Legume Flours'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 Legume Flours over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.75M
IMPORTS (2022)$1.93M
NET TRADE (2022)$6.82M

In 2022, Philippines exported $8.75M in Legume Flours. The main destinations of Philippines exports on Legume Flours were Chinese Taipei ($2.08M), South Korea ($1.86M), United States ($1.2M), Canada ($871k), and Japan ($663k).

In 2022, Philippines imported $1.93M in Legume Flours, mainly from Indonesia ($538k), United States ($434k), Thailand ($420k), Vietnam ($137k), and India ($115k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Legume Flours EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Russia$29k (444%)
Israel$28.4k (8.69%)
United Arab Emirates$27.1k (78.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Legume Flours BY Philippines WERE (2021 - 2022):
United States-$2.18M (-64.4%)
Netherlands-$546k (-99.9%)
Chinese Taipei-$458k (-18%)
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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 Legume Flours were:
United States $101M
India $99.1M
Spain $91M
In 2022, Philippines's main importing competitors in Legume Flours were:
United States $139M
Germany $87.5M
Netherlands $67.6M

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Trade Value of Legume Flours by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $471k
TOP IMPORT POTENTIALIndia+ $130k

Legume Flours’s highest export potential is United States. With an export gap of $471k.   Legume Flours’s highest import potential is India with an import gap of $130k.

See methodology.

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