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Pricing

2022
Exports $63.3kWorld Rnk 88 / 132
Flag Rnk 872 / 1127
2022
Destination $44.1k Thailand
2021 - 2022
FASTEST GROWING MARKET $44.1kThailand
2022
PRODUCT COMPLEXITY IN Natural Polymers0.71Rnk 274 / 1025
2022
Imports $15.6MWorld Rnk 45 / 193
Flag Rnk 634 / 1201
2022
Origin $2.65M China
2021 - 2022
FASTEST GROWING ORIGIN $2.65MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $63.3k in Natural Polymers, making it the 88th largest exporter of Natural Polymers in the world. At the same year, Natural Polymers was the 872nd most exported product in Philippines. The main destination of Natural Polymers exports from Philippines are: Thailand ($44.2k), Argentina ($8.28k), Japan ($4.93k), Malaysia ($3.57k), and Bolivia ($1.12k).

The fastest growing export markets for Natural Polymers of Philippines between 2021 and 2022 were Thailand ($44.1k), Japan ($2.94k), and Bolivia ($1.12k).

Imports In 2022, Philippines imported $15.6M in Natural Polymers, becoming the 45th largest importer of Natural Polymers in the world. At the same year, Natural Polymers was the 634th most imported product in Philippines. Philippines imports Natural Polymers primarily from: China ($7.59M), United States ($2.23M), France ($1.23M), Japan ($1.14M), and Chinese Taipei ($831k).

The fastest growing import markets in Natural Polymers for Philippines between 2021 and 2022 were China ($2.65M), Colombia ($311k), and Austria ($187k).

Latest Trends

July 2024

About

Overview In July 2024 Philippines' Natural Polymers exports accounted up to $9.22k and imports accounted up to $1.99M, resulting in a negative trade balance of $1.98M. Between June 2020 and July 2024 the exports of Philippines'   Natural Polymers have decreased by $-4.64k (-33.5%) from $13.9k to $9.22k, while imports decreased by $-314k (-13.7%) from $2.3M to $1.99M.

Destinations In July 2024, Natural Polymers were exported mostly to Malaysia ($9.15k) and Japan ($68), and were imported mostly from China ($751k), Japan ($669k), United States ($222k), France ($140k), and Italy ($101k).

Growth In July 2024, the decrease in Natural Polymers's year-by-year exports was explained primarily by a decrease in exports to . In July 2024, the decrease in Natural Polymers's year-by-year imports was explained primarily by a decrease in imports from Japan ($-433k or -59%), China ($-339k or -28.2%), and United States ($-18.8k or -44%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2020 - July 2024)$-4.64k(-33.5%)
IMPORT GROWTH (July 2023 - July 2024)$-314k(-13.7%)
MAIN DESTINATION (July 2024)Malaysia$9.15k

This section shows Natural Polymers'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 Natural Polymers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$63.3k
IMPORTS (2022)$15.6M
NET TRADE (2022)-$15.6M

In 2022, Philippines exported $63.3k in Natural Polymers. The main destinations of Philippines exports on Natural Polymers were Thailand ($44.2k), Argentina ($8.28k), Japan ($4.93k), Malaysia ($3.57k), and Bolivia ($1.12k).

In 2022, Philippines imported $15.6M in Natural Polymers, mainly from China ($7.59M), United States ($2.23M), France ($1.23M), Japan ($1.14M), and Chinese Taipei ($831k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Natural Polymers EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Thailand$44.1k (40.8k%)
Japan$2.94k (148%)
Bolivia$1.12k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Natural Polymers BY Philippines WERE (2021 - 2022):
France-$133k (-100%)
Singapore-$28.4k (-99.6%)
Argentina-$11.6k (-58.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Natural Polymers were:
China $1.23B
Sweden $500M
United States $347M
In 2022, Philippines's main importing competitors in Natural Polymers were:
United States $518M
Germany $218M
Japan $207M

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Trade Value of Natural Polymers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALThailand+ $17.9k
TOP IMPORT POTENTIALChina+ $2.17M

Natural Polymers’s highest export potential is Thailand. With an export gap of $17.9k.   Natural Polymers’s highest import potential is China with an import gap of $2.17M.

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