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2022
Exports $72.1MWorld Rnk 59 / 192
Flag Rnk 140 / 1127
2022
Destination $9.77M United States
2021 - 2022
FASTEST GROWING MARKET $9.77MVietnam
2022
PRODUCT COMPLEXITY IN Non-fillet Frozen Fish-1.52Rnk 948 / 1025
2022
Imports $594MWorld Rnk 11 / 219
Flag Rnk 60 / 1201
2022
Origin $67.5M China
2021 - 2022
FASTEST GROWING ORIGIN $67.5MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $72.1M in Non-fillet Frozen Fish, making it the 59th largest exporter of Non-fillet Frozen Fish in the world. At the same year, Non-fillet Frozen Fish was the 140th most exported product in Philippines. The main destination of Non-fillet Frozen Fish exports from Philippines are: United States ($17.1M), Vietnam ($13.6M), Thailand ($11.3M), Italy ($10.9M), and Japan ($6.4M).

The fastest growing export markets for Non-fillet Frozen Fish of Philippines between 2021 and 2022 were Vietnam ($9.77M), Italy ($4.78M), and Japan ($3.07M).

Imports In 2022, Philippines imported $594M in Non-fillet Frozen Fish, becoming the 11th largest importer of Non-fillet Frozen Fish in the world. At the same year, Non-fillet Frozen Fish was the 60th most imported product in Philippines. Philippines imports Non-fillet Frozen Fish primarily from: China ($199M), Papua New Guinea ($107M), Vietnam ($50.4M), Chinese Taipei ($33.8M), and Chile ($32.8M).

The fastest growing import markets in Non-fillet Frozen Fish for Philippines between 2021 and 2022 were China ($67.5M), Chile ($16.9M), and Micronesia ($15.7M).

Latest Trends

December 2023

About

Overview In December 2023 Philippines' Non-fillet Frozen Fish exports accounted up to $2.84M and imports accounted up to $55.7M, resulting in a negative trade balance of $52.9M. Between December 2022 and December 2023 the exports of Philippines'   Non-fillet Frozen Fish have decreased by $-4.22M (-59.8%) from $7.06M to $2.84M, while imports decreased by $-4.67M (-7.73%) from $60.4M to $55.7M.

Destinations In December 2023, Non-fillet Frozen Fish were exported mostly to , and were imported mostly from .

Growth In December 2023, the decrease in Non-fillet Frozen Fish's year-by-year exports was explained primarily by a decrease in exports to United States ($-1.2M or -82.1%). In December 2023, the decrease in Non-fillet Frozen Fish's year-by-year imports was explained primarily by a decrease in imports from China ($-3.07M or -13.9%), France ($-2.23M or -98.7%), and Russia ($-186k or -72.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2022 - December 2023)$-4.22M(-59.8%)
IMPORT GROWTH (December 2022 - December 2023)$-4.67M(-7.73%)
MAIN DESTINATION (December 2023)

This section shows Non-fillet Frozen Fish'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 Non-fillet Frozen Fish over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$72.1M
IMPORTS (2022)$594M
NET TRADE (2022)-$522M

In 2022, Philippines exported $72.1M in Non-fillet Frozen Fish. The main destinations of Philippines exports on Non-fillet Frozen Fish were United States ($17.1M), Vietnam ($13.6M), Thailand ($11.3M), Italy ($10.9M), and Japan ($6.4M).

In 2022, Philippines imported $594M in Non-fillet Frozen Fish, mainly from China ($199M), Papua New Guinea ($107M), Vietnam ($50.4M), Chinese Taipei ($33.8M), and Chile ($32.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-fillet Frozen Fish EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Vietnam$9.77M (252%)
Italy$4.78M (78%)
Japan$3.07M (92.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-fillet Frozen Fish BY Philippines WERE (2021 - 2022):
Thailand-$9.52M (-45.8%)
United States-$9.14M (-34.9%)
China-$975k (-40.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Non-fillet Frozen Fish were:
Russia $3.76B
Chile $2.12B
United States $2.08B
In 2022, Philippines's main importing competitors in Non-fillet Frozen Fish were:
China $5.12B
Japan $3.12B
Thailand $2.08B

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Trade Value of Non-fillet Frozen Fish by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $4.74M
TOP IMPORT POTENTIALSouth Korea+ $7.2M

Non-fillet Frozen Fish’s highest export potential is China. With an export gap of $4.74M.   Non-fillet Frozen Fish’s highest import potential is South Korea with an import gap of $7.2M.

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