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2022
Exports $2.12kWorld Rnk 106 / 132
Flag Rnk 1051 / 1127
2022
Destination $1.58k Australia
2021 - 2022
FASTEST GROWING MARKET $1.58kAustralia
2022
PRODUCT COMPLEXITY IN Oil Seed Flower-0.94Rnk 826 / 1025
2022
Imports $591kWorld Rnk 90 / 195
Flag Rnk 1050 / 1201
2022
Origin $102k Hong Kong
2021 - 2022
FASTEST GROWING ORIGIN $102kHong Kong
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $2.12k in Oil Seed Flower, making it the 106th largest exporter of Oil Seed Flower in the world. At the same year, Oil Seed Flower was the 1051st most exported product in Philippines. The main destination of Oil Seed Flower exports from Philippines are: Australia ($1.58k), Slovenia ($372), and United Arab Emirates ($167).

The fastest growing export markets for Oil Seed Flower of Philippines between 2021 and 2022 were Australia ($1.58k) and United Arab Emirates ($81).

Imports In 2022, Philippines imported $591k in Oil Seed Flower, becoming the 90th largest importer of Oil Seed Flower in the world. At the same year, Oil Seed Flower was the 1050th most imported product in Philippines. Philippines imports Oil Seed Flower primarily from: Hong Kong ($290k), Vietnam ($187k), United States ($56.5k), Canada ($49.1k), and India ($3.23k).

The fastest growing import markets in Oil Seed Flower for Philippines between 2021 and 2022 were Hong Kong ($102k), Canada ($18.1k), and United States ($11.1k).

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 Oil Seed Flower. 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)$2.12k
IMPORTS (2022)$591k
NET TRADE (2022)-$589k

In 2022, Philippines exported $2.12k in Oil Seed Flower. The main destinations of Philippines exports on Oil Seed Flower were Australia ($1.58k), Slovenia ($372), and United Arab Emirates ($167).

In 2022, Philippines imported $591k in Oil Seed Flower, mainly from Hong Kong ($290k), Vietnam ($187k), United States ($56.5k), Canada ($49.1k), and India ($3.23k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Oil Seed Flower EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Australia$1.58k (1%)
United Arab Emirates$81 (94.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Oil Seed Flower BY Philippines WERE (2021 - 2022):
United Kingdom-$18k (-100%)
Slovakia-$9.7k (-100%)
Kiribati-$8.52k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Oil Seed Flower were:
United States $412M
Italy $139M
China $66.2M
In 2022, Philippines's main importing competitors in Oil Seed Flower were:
Vietnam $132M
Japan $79.5M
South Korea $73.8M

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Trade Value of Oil Seed Flower by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAustralia+ $920
TOP IMPORT POTENTIALHong Kong+ $105k

Oil Seed Flower’s highest export potential is Australia. With an export gap of $920.   Oil Seed Flower’s highest import potential is Hong Kong with an import gap of $105k.

See methodology.

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