2023
Exports
$424MWorld Rnk 2 / 66
Flag Rnk 38 / 1123
falsefalse China
2023
PRODUCT COMPLEXITY IN Lignite
-1.57Rnk 955 / 1025
2023
Imports
$6.33MWorld Rnk 25 / 111
Flag Rnk 751 / 1202
2023
ECONOMIC COMPLEXITY of Philippines
0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $424M in Lignite, making it the 2nd largest exporter of Lignite in the world. At the same year, Lignite was the 38th most exported product in Philippines. The main destination of Lignite exports from Philippines are: China ($424M).

Imports In 2023, Philippines imported $6.33M in Lignite, becoming the 25th largest importer of Lignite in the world. At the same year, Lignite was the 751st most imported product in Philippines. Philippines imports Lignite primarily from: Indonesia ($6.32M) and India ($6.81k).

The fastest growing import markets in Lignite for Philippines between 2022 and 2023 were Indonesia ($2.29M) and India ($6.81k).

COMPANIES In 2023, leading companies such as Michael Kors (13) were at the forefront of shipping Lignite from Philippines to the United States.

Latest Trends

Dec 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 Lignite. 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)$424M
IMPORTS (2023)$6.33M
NET TRADE (2023)$417M

In 2023, Philippines exported $424M in Lignite. The main destinations of Philippines exports on Lignite were China ($424M).

In 2023, Philippines imported $6.33M in Lignite, mainly from Indonesia ($6.32M) and India ($6.81k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lignite BY Philippines WERE (2022 - 2023):China-$118M (-21.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Lignite by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $36M
TOP IMPORT POTENTIALIndonesia+ $3.06M

Lignite’s highest export potential is China. With an export gap of $36M.   Lignite’s highest import potential is Indonesia with an import gap of $3.06M.

See methodology.

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