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2022
Exports $36.7MWorld Rnk 37 / 176
Flag Rnk 200 / 1127
2022
Destination $4.33M Chinese Taipei
2021 - 2022
FASTEST GROWING MARKET $4.33MUnited States
2022
PRODUCT COMPLEXITY IN Molluscs-1.46Rnk 942 / 1025
2022
Imports $222MWorld Rnk 13 / 215
Flag Rnk 150 / 1201
2022
Origin $624k China
2021 - 2022
FASTEST GROWING ORIGIN $624kUnited States
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $36.7M in Molluscs, making it the 37th largest exporter of Molluscs in the world. At the same year, Molluscs was the 200th most exported product in Philippines. The main destination of Molluscs exports from Philippines are: Chinese Taipei ($11.4M), Hong Kong ($7.78M), United States ($6.81M), Japan ($3.37M), and China ($1.56M).

The fastest growing export markets for Molluscs of Philippines between 2021 and 2022 were United States ($4.33M), Vietnam ($790k), and China ($609k).

Imports In 2022, Philippines imported $222M in Molluscs, becoming the 13th largest importer of Molluscs in the world. At the same year, Molluscs was the 150th most imported product in Philippines. Philippines imports Molluscs primarily from: China ($214M), Vietnam ($3.17M), United States ($2.28M), Hong Kong ($730k), and Argentina ($509k).

The fastest growing import markets in Molluscs for Philippines between 2021 and 2022 were United States ($624k), Hong Kong ($616k), and Argentina ($359k).

COMPANIES In 2023, leading companies such as Lawrence Wholesale (6) were at the forefront of shipping Molluscs from Philippines to the United States.

Latest Trends

December 2023

About

Overview In December 2023 Philippines' Molluscs exports accounted up to $5.21M and imports accounted up to $5.09M, resulting in a positive trade balance of $123k. Between December 2022 and December 2023 the exports of Philippines'   Molluscs have increased by $440k (9.21%) from $4.77M to $5.21M, while imports decreased by $-250k (-4.67%) from $5.34M to $5.09M.

Destinations In December 2023, Molluscs were exported mostly to , and were imported mostly from .

Growth In December 2023, the increase in Molluscs's year-by-year exports was explained primarily by an increase in exports to Hong Kong ($383k or 78.4%), China ($233k or 157%), and South Korea ($114k or 26%). In December 2023, the decrease in Molluscs's year-by-year imports was explained primarily by a decrease in imports from China ($-4.25M or -42%) and Peru ($-32.8k or -45.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2022 - December 2023)$440k(9.21%)
IMPORT GROWTH (December 2022 - December 2023)$-250k(-4.67%)
MAIN DESTINATION (December 2023)

This section shows Molluscs'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 Molluscs over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$36.7M
IMPORTS (2022)$222M
NET TRADE (2022)-$186M

In 2022, Philippines exported $36.7M in Molluscs. The main destinations of Philippines exports on Molluscs were Chinese Taipei ($11.4M), Hong Kong ($7.78M), United States ($6.81M), Japan ($3.37M), and China ($1.56M).

In 2022, Philippines imported $222M in Molluscs, mainly from China ($214M), Vietnam ($3.17M), United States ($2.28M), Hong Kong ($730k), and Argentina ($509k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Molluscs EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United States$4.33M (174%)
Vietnam$790k (118%)
China$609k (63.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Molluscs BY Philippines WERE (2021 - 2022):
Hong Kong-$474k (-5.75%)
Chinese Taipei-$377k (-3.2%)
South Korea-$310k (-23%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Molluscs were:
China $2.77B
Spain $889M
Japan $839M
In 2022, Philippines's main importing competitors in Molluscs were:
China $1.71B
Spain $1.65B
Italy $1.2B

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Trade Value of Molluscs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $6.8M
TOP IMPORT POTENTIALVietnam+ $4.36M

Molluscs’s highest export potential is China. With an export gap of $6.8M.   Molluscs’s highest import potential is Vietnam with an import gap of $4.36M.

See methodology.

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