Pepper in Philippines | The Observatory of Economic Complexity

About

Exports In 2023, Philippines exported $257k in Pepper, making it the 97th largest exporter of Pepper in the world. At the same year, Pepper was the 733rd most exported product in Philippines. The main destination of Pepper exports from Philippines are: Thailand ($184k), Malaysia ($27.6k), Guam ($16.1k), Singapore ($5.88k), and Hong Kong ($5.39k).

The fastest growing export markets for Pepper of Philippines between 2022 and 2023 were Guam ($15.5k), Hong Kong ($5.39k), and Chinese Taipei ($4.76k).

Imports In 2023, Philippines imported $32.2M in Pepper, becoming the 31st largest importer of Pepper in the world. At the same year, Pepper was the 422nd most imported product in Philippines. Philippines imports Pepper primarily from: Vietnam ($25.3M), India ($2.93M), China ($901k), Thailand ($855k), and Malaysia ($590k).

The fastest growing import markets in Pepper for Philippines between 2022 and 2023 were Vietnam ($2.65M), Thailand ($524k), and China ($205k).

Latest Trends

July 2024

About

Overview In July 2024 Philippines' Pepper exports accounted up to $146k and imports accounted up to $2.48M, resulting in a negative trade balance of $2.33M. Between May 2023 and July 2024 the exports of Philippines' Pepper have increased by $142k (3.06k%) from $4.63k to $146k, while imports increased by $108k (4.56%) from $2.37M to $2.48M.

Destinations In July 2024, Pepper were exported mostly to Thailand ($90k), Papua New Guinea ($52k), Hong Kong ($4.15k), and Qatar ($253), and were imported mostly from Vietnam ($1.7M), India ($352k), Malaysia ($145k), Spain ($94.6k), and Thailand ($84.3k).

Growth In July 2024, the increase in Pepper's year-by-year exports was explained primarily by an increase in exports to . In July 2024, the increase in Pepper's year-by-year imports was explained primarily by an increase in imports from Vietnam ($471k or 40.9%) and Germany ($4.58k or 68.5%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (May 2023 - July 2024)$142k(3.06k%)

IMPORT GROWTH (July 2023 - July 2024)$108k(4.56%)

MAIN DESTINATION (July 2024)Thailand$90k

This section shows Pepper'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 Pepper over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2023)$257k

IMPORTS (2023)$32.2M

NET TRADE (2023)-$32M

In 2023, Philippines exported $257k in Pepper. The main destinations of Philippines exports on Pepper were Thailand ($184k), Malaysia ($27.6k), Guam ($16.1k), Singapore ($5.88k), and Hong Kong ($5.39k).

In 2023, Philippines imported $32.2M in Pepper, mainly from Vietnam ($25.3M), India ($2.93M), China ($901k), Thailand ($855k), and Malaysia ($590k).

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