Mixed Mineral or Chemical Fertilizers in Philippines | The Observatory of Economic Complexity

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Exports In 2022, Philippines exported $19M in Mixed Mineral or Chemical Fertilizers, making it the 65th largest exporter of Mixed Mineral or Chemical Fertilizers in the world. At the same year, Mixed Mineral or Chemical Fertilizers was the 264th most exported product in Philippines. The main destination of Mixed Mineral or Chemical Fertilizers exports from Philippines are: Vietnam ($18.9M), Cambodia ($25.2k), Malaysia ($24k), Zambia ($734), and Bulgaria ($477).

The fastest growing export markets for Mixed Mineral or Chemical Fertilizers of Philippines between 2021 and 2022 were Vietnam ($6.52M), Cambodia ($25.1k), and Malaysia ($15.1k).

Imports In 2022, Philippines imported $380M in Mixed Mineral or Chemical Fertilizers, becoming the 24th largest importer of Mixed Mineral or Chemical Fertilizers in the world. At the same year, Mixed Mineral or Chemical Fertilizers was the 91st most imported product in Philippines. Philippines imports Mixed Mineral or Chemical Fertilizers primarily from: China ($234M), South Korea ($48.2M), Vietnam ($42.5M), Norway ($25M), and Netherlands ($5.13M).

The fastest growing import markets in Mixed Mineral or Chemical Fertilizers for Philippines between 2021 and 2022 were China ($82.1M), Vietnam ($25.3M), and Norway ($6.56M).

Latest Trends

September 2024

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Overview In September 2024 Philippines' Mixed Mineral or Chemical Fertilizers exports accounted up to $4.03M and imports accounted up to $16.8M, resulting in a negative trade balance of $12.7M. Between February 2023 and September 2024 the exports of Philippines' Mixed Mineral or Chemical Fertilizers have increased by $1.75M (76.8%) from $2.28M to $4.03M, while imports decreased by $-13.4M (-44.4%) from $30.1M to $16.8M.

Destinations In September 2024, Mixed Mineral or Chemical Fertilizers were exported mostly to Vietnam ($4.03M), and were imported mostly from China ($13.1M), Norway ($1.19M), South Korea ($1.09M), Thailand ($297k), and Vietnam ($228k).

Growth In September 2024, the increase in Mixed Mineral or Chemical Fertilizers's year-by-year exports was explained primarily by an increase in exports to . In September 2024, the decrease in Mixed Mineral or Chemical Fertilizers's year-by-year imports was explained primarily by a decrease in imports from South Korea ($-5.85M or -97.9%), Norway ($-5.4M or -81.5%), and Vietnam ($-1.36M or -49.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - September 2024)$1.75M(76.8%)

IMPORT GROWTH (September 2023 - September 2024)$-13.4M(-44.4%)

MAIN DESTINATION (September 2024)Vietnam$4.03M

This section shows Mixed Mineral or Chemical Fertilizers'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 Mixed Mineral or Chemical Fertilizers over time.

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