2023
Exports
$17.2kWorld Rnk 81 / 110
Flag Rnk 961 / 1123
2023
PRODUCT COMPLEXITY IN Magnesium Carbonate
-0.47Rnk 689 / 1025
2023
Imports
$3.55MWorld Rnk 56 / 168
Flag Rnk 837 / 1202
2023
ECONOMIC COMPLEXITY of Philippines
0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $17.2k in Magnesium Carbonate, making it the 81st largest exporter of Magnesium Carbonate in the world. At the same year, Magnesium Carbonate was the 961st most exported product in Philippines. The main destination of Magnesium Carbonate exports from Philippines are: Japan ($17.2k), France ($52), and Singapore ($1).

The fastest growing export markets for Magnesium Carbonate of Philippines between 2022 and 2023 were Japan ($12.5k), France ($52), and Singapore ($1).

Imports In 2023, Philippines imported $3.55M in Magnesium Carbonate, becoming the 56th largest importer of Magnesium Carbonate in the world. At the same year, Magnesium Carbonate was the 837th most imported product in Philippines. Philippines imports Magnesium Carbonate primarily from: China ($3.15M), Japan ($157k), Greece ($119k), Turkey ($83.1k), and Netherlands ($21.2k).

The fastest growing import markets in Magnesium Carbonate for Philippines between 2022 and 2023 were Japan ($66.1k), Greece ($22.7k), and Germany ($2.68k).

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 Magnesium Carbonate. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$17.2k
IMPORTS (2023)$3.55M
NET TRADE (2023)-$3.53M

In 2023, Philippines exported $17.2k in Magnesium Carbonate. The main destinations of Philippines exports on Magnesium Carbonate were Japan ($17.2k), France ($52), and Singapore ($1).

In 2023, Philippines imported $3.55M in Magnesium Carbonate, mainly from China ($3.15M), Japan ($157k), Greece ($119k), Turkey ($83.1k), and Netherlands ($21.2k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Magnesium Carbonate EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
Japan$12.5k (268%)
France$52 (1%)
Singapore$1 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium Carbonate BY Philippines WERE (2022 - 2023):Canada-$511 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Philippines's main exporting competitors in Magnesium Carbonate were:
China $1.05B
In 2023, Philippines's main importing competitors in Magnesium Carbonate were:

Explore Visualizations

Trade Value of Magnesium Carbonate by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $6.36k
TOP IMPORT POTENTIALChina+ $1.17M

Magnesium Carbonate’s highest export potential is Japan. With an export gap of $6.36k.   Magnesium Carbonate’s highest import potential is China with an import gap of $1.17M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with