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2022
Exports $450MWorld Rnk 2 / 68
Flag Rnk 33 / 1127
falsefalse China
2021 - 2022
FASTEST GROWING MARKETfalsefalse
2022
PRODUCT COMPLEXITY IN Lignite-1.47Rnk 945 / 1025
2022
Imports $4.05MWorld Rnk 26 / 114
Flag Rnk 849 / 1201
2021 - 2022
FASTEST GROWING ORIGINfalseMalaysia
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $450M in Lignite, making it the 2nd largest exporter of Lignite in the world. At the same year, Lignite was the 33rd most exported product in Philippines. The main destination of Lignite exports from Philippines are: China ($450M).

Imports In 2022, Philippines imported $4.05M in Lignite, becoming the 26th largest importer of Lignite in the world. At the same year, Lignite was the 849th most imported product in Philippines. Philippines imports Lignite primarily from: Indonesia ($4.03M) and Malaysia ($15.5k).

The fastest growing import markets in Lignite for Philippines between 2021 and 2022 were Malaysia ($15.5k).

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

Oct 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 (2022)$450M
IMPORTS (2022)$4.05M
NET TRADE (2022)$445M

In 2022, Philippines exported $450M in Lignite. The main destinations of Philippines exports on Lignite were China ($450M).

In 2022, Philippines imported $4.05M in Lignite, mainly from Indonesia ($4.03M) and Malaysia ($15.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lignite BY Philippines WERE (2021 - 2022):China-$63.8M (-12.4%)
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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 Lignite were:
Indonesia $8.29B
Russia $348M
In 2022, Philippines's main importing competitors in Lignite were:
China $8.75B
Serbia $141M
South Korea $96M

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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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