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2022
Exports $1.18MWorld Rnk 108 / 189
Flag Rnk 587 / 1127
2022
Destination $246k United States
2021 - 2022
FASTEST GROWING MARKET $246kUnited States
2022
PRODUCT COMPLEXITY IN Perfume Plants-1.82Rnk 983 / 1025
2022
Imports $5.35MWorld Rnk 63 / 213
Flag Rnk 816 / 1201
2022
Origin $945k India
2021 - 2022
FASTEST GROWING ORIGIN $945kNew Zealand
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $1.18M in Perfume Plants, making it the 108th largest exporter of Perfume Plants in the world. At the same year, Perfume Plants was the 587th most exported product in Philippines. The main destination of Perfume Plants exports from Philippines are: United States ($413k), Kuwait ($252k), Japan ($171k), India ($132k), and Canada ($118k).

The fastest growing export markets for Perfume Plants of Philippines between 2021 and 2022 were United States ($246k), Kuwait ($205k), and India ($132k).

Imports In 2022, Philippines imported $5.35M in Perfume Plants, becoming the 63rd largest importer of Perfume Plants in the world. At the same year, Perfume Plants was the 816th most imported product in Philippines. Philippines imports Perfume Plants primarily from: India ($1.85M), New Zealand ($973k), China ($752k), Vietnam ($436k), and Poland ($297k).

The fastest growing import markets in Perfume Plants for Philippines between 2021 and 2022 were New Zealand ($945k), China ($647k), and India ($321k).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Perfume Plants exports accounted up to $15.1k and imports accounted up to $17k, resulting in a negative trade balance of $1.91k. Between June 2023 and June 2024 the exports of Philippines'   Perfume Plants have increased by $3.65k (31.8%) from $11.5k to $15.1k, while imports decreased by $-163k (-90.5%) from $180k to $17k.

Destinations In June 2024, Perfume Plants were exported mostly to United Arab Emirates ($11k), Canada ($3.35k), and Japan ($826), and were imported mostly from United States ($4.83k), India ($3.28k), Vietnam ($2.9k), Sri Lanka ($2.63k), and Poland ($2.42k).

Growth In June 2024, the increase in Perfume Plants's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the decrease in Perfume Plants's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$3.65k(31.8%)
IMPORT GROWTH (June 2023 - June 2024)$-163k(-90.5%)
MAIN DESTINATION (June 2024)United Arab Emirates$11k

This section shows Perfume Plants'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 Perfume Plants over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.18M
IMPORTS (2022)$5.35M
NET TRADE (2022)-$4.17M

In 2022, Philippines exported $1.18M in Perfume Plants. The main destinations of Philippines exports on Perfume Plants were United States ($413k), Kuwait ($252k), Japan ($171k), India ($132k), and Canada ($118k).

In 2022, Philippines imported $5.35M in Perfume Plants, mainly from India ($1.85M), New Zealand ($973k), China ($752k), Vietnam ($436k), and Poland ($297k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Perfume Plants EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United States$246k (148%)
Kuwait$205k (433%)
India$132k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Perfume Plants BY Philippines WERE (2021 - 2022):
United Arab Emirates-$36.2k (-77%)
Singapore-$18.7k (-98.6%)
Qatar-$16.9k (-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 Perfume Plants were:
China $961M
India $461M
Germany $192M
In 2022, Philippines's main importing competitors in Perfume Plants were:
United States $522M
Germany $457M
China $328M

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Trade Value of Perfume Plants by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $292k
TOP IMPORT POTENTIALIndia+ $928k

Perfume Plants’s highest export potential is United States. With an export gap of $292k.   Perfume Plants’s highest import potential is India with an import gap of $928k.

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