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2022
Exports $32.5MWorld Rnk 48 / 187
Flag Rnk 208 / 1127
2022
Destination $1.26M United States
2021 - 2022
FASTEST GROWING MARKET $1.26MUnited States
2022
PRODUCT COMPLEXITY IN Pasta-1.16Rnk 871 / 1025
2022
Imports $143MWorld Rnk 20 / 223
Flag Rnk 202 / 1201
2022
Origin $3.83M South Korea
2021 - 2022
FASTEST GROWING ORIGIN $3.83MMalaysia
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $32.5M in Pasta, making it the 48th largest exporter of Pasta in the world. At the same year, Pasta was the 208th most exported product in Philippines. The main destination of Pasta exports from Philippines are: United States ($8.65M), United Arab Emirates ($4.05M), Saudi Arabia ($3.3M), Canada ($2.3M), and Qatar ($1.98M).

The fastest growing export markets for Pasta of Philippines between 2021 and 2022 were United States ($1.26M), Singapore ($951k), and Kuwait ($859k).

Imports In 2022, Philippines imported $143M in Pasta, becoming the 20th largest importer of Pasta in the world. At the same year, Pasta was the 202nd most imported product in Philippines. Philippines imports Pasta primarily from: South Korea ($36.3M), China ($33.3M), Indonesia ($20M), Malaysia ($13.8M), and United Arab Emirates ($11.2M).

The fastest growing import markets in Pasta for Philippines between 2021 and 2022 were Malaysia ($3.83M), South Korea ($2.58M), and China ($2.54M).

Latest Trends

October 2024

About

Overview In October 2024 Philippines' Pasta exports accounted up to $3.17M and imports accounted up to $10.5M, resulting in a negative trade balance of $7.36M. Between October 2023 and October 2024 the exports of Philippines'   Pasta have decreased by $-1.22M (-27.7%) from $4.39M to $3.17M, while imports increased by $2.43M (30%) from $8.1M to $10.5M.

Destinations In October 2024, Pasta were exported mostly to United States ($842k), Canada ($517k), United Arab Emirates ($435k), Australia ($231k), and Saudi Arabia ($185k), and were imported mostly from United Arab Emirates ($2.57M), Indonesia ($2.08M), South Korea ($1.39M), China ($1.12M), and Vietnam ($912k).

Growth In October 2024, the decrease in Pasta's year-by-year exports was explained primarily by a decrease in exports to Saudi Arabia ($-81.7k or -20.9%), United Arab Emirates ($-47.3k or -28.5%), and Italy ($-23.8k or -33.8%). In October 2024, the increase in Pasta's year-by-year imports was explained primarily by an increase in imports from Indonesia ($481k or 38.3%), South Korea ($326k or 52.9%), and Costa Rica ($219k or 181%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-1.22M(-27.7%)
IMPORT GROWTH (October 2023 - October 2024)$2.43M(30%)
MAIN DESTINATION (October 2024)United States$842k

This section shows Pasta'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 Pasta over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$32.5M
IMPORTS (2022)$143M
NET TRADE (2022)-$110M

In 2022, Philippines exported $32.5M in Pasta. The main destinations of Philippines exports on Pasta were United States ($8.65M), United Arab Emirates ($4.05M), Saudi Arabia ($3.3M), Canada ($2.3M), and Qatar ($1.98M).

In 2022, Philippines imported $143M in Pasta, mainly from South Korea ($36.3M), China ($33.3M), Indonesia ($20M), Malaysia ($13.8M), and United Arab Emirates ($11.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pasta EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United States$1.26M (17%)
Singapore$951k (274%)
Kuwait$859k (80.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pasta BY Philippines WERE (2021 - 2022):
Netherlands-$780k (-55.5%)
Chinese Taipei-$513k (-59.4%)
Denmark-$305k (-79%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Pasta were:
Italy $4.16B
China $1.27B
South Korea $1B
In 2022, Philippines's main importing competitors in Pasta were:
United States $1.62B
Germany $1.17B
France $1.01B

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Trade Value of Pasta by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.13M
TOP IMPORT POTENTIALChina+ $7.37M

Pasta’s highest export potential is United States. With an export gap of $4.13M.   Pasta’s highest import potential is China with an import gap of $7.37M.

See methodology.

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