2022
Exports
$36.5kWorld Rnk 78 / 139
Flag Rnk 917 / 1127
2022
PRODUCT COMPLEXITY IN Micro-Organism Culture Preparations
1.25Rnk 98 / 1025
2022
Imports
$8.81MWorld Rnk 47 / 210
Flag Rnk 743 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $36.5k in Micro-Organism Culture Preparations, making it the 78th largest exporter of Micro-Organism Culture Preparations in the world. At the same year, Micro-Organism Culture Preparations was the 917th most exported product in Philippines. The main destination of Micro-Organism Culture Preparations exports from Philippines are: Nigeria ($16.3k), Chinese Taipei ($7.99k), Ireland ($5.99k), Pakistan ($2.27k), and Vietnam ($2.1k).

The fastest growing export markets for Micro-Organism Culture Preparations of Philippines between 2021 and 2022 were Nigeria ($16.3k), Chinese Taipei ($7.99k), and Ireland ($5.99k).

Imports In 2022, Philippines imported $8.81M in Micro-Organism Culture Preparations, becoming the 47th largest importer of Micro-Organism Culture Preparations in the world. At the same year, Micro-Organism Culture Preparations was the 743rd most imported product in Philippines. Philippines imports Micro-Organism Culture Preparations primarily from: Germany ($2.4M), United States ($1.87M), Singapore ($727k), Japan ($717k), and United Kingdom ($548k).

The fastest growing import markets in Micro-Organism Culture Preparations for Philippines between 2021 and 2022 were United Kingdom ($344k), Japan ($310k), and Germany ($186k).

Latest Trends

Jul 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 Micro-Organism Culture Preparations. 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)$36.5k
IMPORTS (2022)$8.81M
NET TRADE (2022)-$8.78M

In 2022, Philippines exported $36.5k in Micro-Organism Culture Preparations. The main destinations of Philippines exports on Micro-Organism Culture Preparations were Nigeria ($16.3k), Chinese Taipei ($7.99k), Ireland ($5.99k), Pakistan ($2.27k), and Vietnam ($2.1k).

In 2022, Philippines imported $8.81M in Micro-Organism Culture Preparations, mainly from Germany ($2.4M), United States ($1.87M), Singapore ($727k), Japan ($717k), and United Kingdom ($548k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Micro-Organism Culture Preparations EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Nigeria$16.3k (1%)
Chinese Taipei$7.99k (1%)
Ireland$5.99k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Micro-Organism Culture Preparations BY Philippines WERE (2021 - 2022):
Netherlands-$109k (-100%)
Singapore-$66.4k (-100%)
Papua New Guinea-$47.7k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Micro-Organism Culture Preparations were:
In 2022, Philippines's main importing competitors in Micro-Organism Culture Preparations were:

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Trade Value of Micro-Organism Culture Preparations by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIreland+ $7.2k
TOP IMPORT POTENTIALUnited States+ $830k

Micro-Organism Culture Preparations’s highest export potential is Ireland. With an export gap of $7.2k.   Micro-Organism Culture Preparations’s highest import potential is United States with an import gap of $830k.

See methodology.

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