2023
Exports
$52World Rnk 106 / 116
Flag Rnk 1112 / 1123
2023
PRODUCT COMPLEXITY IN Peat
0.017Rnk 552 / 1025
2023
Imports
$543kWorld Rnk 94 / 198
Flag Rnk 1024 / 1202
2023
ECONOMIC COMPLEXITY of Philippines
0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $52 in Peat, making it the 106th largest exporter of Peat in the world. At the same year, Peat was the 1112th most exported product in Philippines. The main destination of Peat exports from Philippines are: Malaysia ($52).

The fastest growing export markets for Peat of Philippines between N/A and 2023 were Malaysia ($52).

Imports In 2018, Philippines imported $543k in Peat, becoming the 94th largest importer of Peat in the world. At the same year, Peat was the 1024th most imported product in Philippines. Philippines imports Peat primarily from: Germany ($228k), Netherlands ($119k), Lithuania ($104k), Latvia ($76.2k), and Malaysia ($15.5k).

The fastest growing import markets in Peat for Philippines between 2022 and 2023 were Germany ($49.6k), Lithuania ($38.8k), and Malaysia ($15.5k).

Latest Trends

Dec 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 Peat. 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 (2023)$52
IMPORTS (2023)$543k
NET TRADE (2023)-$543k

In 2023, Philippines exported $52 in Peat. The main destinations of Philippines exports on Peat were Malaysia ($52).

In 2023, Philippines imported $543k in Peat, mainly from Germany ($228k), Netherlands ($119k), Lithuania ($104k), Latvia ($76.2k), and Malaysia ($15.5k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Peat EXPORT MARKETS FOR Philippines WERE (N/A - 2023):Malaysia$52 (1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Philippines's main exporting competitors in Peat were:
In 2023, Philippines's main importing competitors in Peat were:

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Trade Value of Peat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $480
TOP IMPORT POTENTIALLatvia+ $43.3k

Peat’s highest export potential is United States. With an export gap of $480.   Peat’s highest import potential is Latvia with an import gap of $43.3k.

See methodology.

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