2022
Exports
$51.4kWorld Rnk 58 / 95
Flag Rnk 891 / 1127
2022
PRODUCT COMPLEXITY IN Other Esters
1.95Rnk 8 / 1025
2022
Imports
$27.1MWorld Rnk 25 / 170
Flag Rnk 520 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $51.4k in Other Esters, making it the 58th largest exporter of Other Esters in the world. At the same year, Other Esters was the 891st most exported product in Philippines. The main destination of Other Esters exports from Philippines are: Malaysia ($42.9k), Colombia ($6.56k), Canada ($1.09k), Ireland ($748), and India ($126).

The fastest growing export markets for Other Esters of Philippines between 2021 and 2022 were Malaysia ($42.9k), Colombia ($6.56k), and Canada ($98).

Imports In 2022, Philippines imported $27.1M in Other Esters, becoming the 25th largest importer of Other Esters in the world. At the same year, Other Esters was the 520th most imported product in Philippines. Philippines imports Other Esters primarily from: United States ($13.7M), India ($8.35M), Singapore ($2.53M), China ($1.36M), and Japan ($653k).

The fastest growing import markets in Other Esters for Philippines between 2021 and 2022 were China ($441k), Chinese Taipei ($328k), and United States ($305k).

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 Other Esters. 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)$51.4k
IMPORTS (2022)$27.1M
NET TRADE (2022)-$27M

In 2022, Philippines exported $51.4k in Other Esters. The main destinations of Philippines exports on Other Esters were Malaysia ($42.9k), Colombia ($6.56k), Canada ($1.09k), Ireland ($748), and India ($126).

In 2022, Philippines imported $27.1M in Other Esters, mainly from United States ($13.7M), India ($8.35M), Singapore ($2.53M), China ($1.36M), and Japan ($653k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Esters EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Malaysia$42.9k (1%)
Colombia$6.56k (1%)
Canada$98 (9.84%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Esters BY Philippines WERE (2021 - 2022):
United States-$88.1k (-100%)
Poland-$2.53k (-100%)
India-$603 (-82.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Other Esters were:
In 2022, Philippines's main importing competitors in Other Esters were:

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Trade Value of Other Esters by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $9.99k
TOP IMPORT POTENTIALChina+ $1.68M

Other Esters’s highest export potential is Malaysia. With an export gap of $9.99k.   Other Esters’s highest import potential is China with an import gap of $1.68M.

See methodology.

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