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2022
Exports $100kWorld Rnk 87 / 164
Flag Rnk 829 / 1127
2022
Destination $17.6k Canada
2021 - 2022
FASTEST GROWING MARKET $17.6kIndia
2022
PRODUCT COMPLEXITY IN Other Frozen Vegetables-0.18Rnk 607 / 1025
2022
Imports $206MWorld Rnk 14 / 222
Flag Rnk 155 / 1201
2022
Origin $22.5M United States
2021 - 2022
FASTEST GROWING ORIGIN $22.5MIndia
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $100k in Other Frozen Vegetables, making it the 87th largest exporter of Other Frozen Vegetables in the world. At the same year, Other Frozen Vegetables was the 829th most exported product in Philippines. The main destination of Other Frozen Vegetables exports from Philippines are: Canada ($25.2k), United States ($20.8k), India ($17.6k), Cyprus ($10.9k), and Kuwait ($10.8k).

The fastest growing export markets for Other Frozen Vegetables of Philippines between 2021 and 2022 were India ($17.6k), Kuwait ($10.8k), and Cyprus ($4.39k).

Imports In 2022, Philippines imported $206M in Other Frozen Vegetables, becoming the 14th largest importer of Other Frozen Vegetables in the world. At the same year, Other Frozen Vegetables was the 155th most imported product in Philippines. Philippines imports Other Frozen Vegetables primarily from: United States ($83.7M), India ($39.6M), China ($33M), Belgium ($24.9M), and Netherlands ($10.1M).

The fastest growing import markets in Other Frozen Vegetables for Philippines between 2021 and 2022 were India ($22.5M), United States ($16.8M), and China ($12.9M).

COMPANIES In 2023, leading companies such as Walong Marketing (1) were at the forefront of shipping Other Frozen Vegetables from Philippines to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Philippines' Other Frozen Vegetables exports accounted up to $225k and imports accounted up to $19.9M, resulting in a negative trade balance of $19.6M. Between October 2020 and August 2024 the exports of Philippines'   Other Frozen Vegetables have increased by $211k (1.59k%) from $13.3k to $225k, while imports decreased by $-3.67M (-15.6%) from $23.5M to $19.9M.

Destinations In August 2024, Other Frozen Vegetables were exported mostly to , and were imported mostly from United States ($7.35M), China ($4.19M), India ($4.17M), Belgium ($1.86M), and Netherlands ($1.84M).

Growth In August 2024, the increase in Other Frozen Vegetables's year-by-year exports was explained primarily by an increase in exports to . In October 2024, the decrease in Other Frozen Vegetables's year-by-year imports was explained primarily by a decrease in imports from New Zealand ($-45.9k or -12%), Canada ($-40.5k or -37.6%), and Netherlands ($-32.4k or -6.81%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2020 - August 2024)$211k(1.59k%)
IMPORT GROWTH (October 2023 - October 2024)$-3.67M(-15.6%)
MAIN DESTINATION (August 2024)

This section shows Other Frozen Vegetables'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 Other Frozen Vegetables over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$100k
IMPORTS (2022)$206M
NET TRADE (2022)-$206M

In 2022, Philippines exported $100k in Other Frozen Vegetables. The main destinations of Philippines exports on Other Frozen Vegetables were Canada ($25.2k), United States ($20.8k), India ($17.6k), Cyprus ($10.9k), and Kuwait ($10.8k).

In 2022, Philippines imported $206M in Other Frozen Vegetables, mainly from United States ($83.7M), India ($39.6M), China ($33M), Belgium ($24.9M), and Netherlands ($10.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Frozen Vegetables EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
India$17.6k (1%)
Kuwait$10.8k (1%)
Cyprus$4.39k (67.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Frozen Vegetables BY Philippines WERE (2021 - 2022):
Hong Kong-$22.3k (-77.9%)
Saudi Arabia-$19.9k (-100%)
Papua New Guinea-$18.7k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Other Frozen Vegetables were:
Belgium $3.05B
Netherlands $2.4B
Canada $1.66B
In 2022, Philippines's main importing competitors in Other Frozen Vegetables were:
United States $2.03B
United Kingdom $1.07B
Japan $850M

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Trade Value of Other Frozen Vegetables by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $51.5k
TOP IMPORT POTENTIALNetherlands+ $4.01M

Other Frozen Vegetables’s highest export potential is United States. With an export gap of $51.5k.   Other Frozen Vegetables’s highest import potential is Netherlands with an import gap of $4.01M.

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