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2023
Exports $699kWorld Rnk 117 / 194
Flag Rnk 616 / 1123
2023
Destination $49.8k United States
2022 - 2023
FASTEST GROWING MARKET $49.8kSaudi Arabia
2023
PRODUCT COMPLEXITY IN Perfume Plants-1.84Rnk 985 / 1025
2023
Imports $3.31MWorld Rnk 80 / 215
Flag Rnk 846 / 1202
2023
Origin $220k India
2022 - 2023
FASTEST GROWING ORIGIN $220kThailand
2023
ECONOMIC COMPLEXITY of Philippines0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $699k in Perfume Plants, making it the 117th largest exporter of Perfume Plants in the world. At the same year, Perfume Plants was the 616th most exported product in Philippines. The main destination of Perfume Plants exports from Philippines are: United States ($321k), Japan ($77.3k), Kuwait ($50.4k), Saudi Arabia ($49.8k), and Qatar ($44.3k).

The fastest growing export markets for Perfume Plants of Philippines between 2022 and 2023 were Saudi Arabia ($49.8k), Qatar ($44.3k), and Italy ($30k).

Imports In 2023, Philippines imported $3.31M in Perfume Plants, becoming the 80th largest importer of Perfume Plants in the world. At the same year, Perfume Plants was the 846th most imported product in Philippines. Philippines imports Perfume Plants primarily from: India ($956k), Thailand ($624k), China ($527k), New Zealand ($344k), and Sri Lanka ($168k).

The fastest growing import markets in Perfume Plants for Philippines between 2022 and 2023 were Thailand ($220k), Sri Lanka ($156k), and France ($72k).

Latest Trends

July 2024

About

Overview In July 2024 Philippines' Perfume Plants exports accounted up to $54.4k and imports accounted up to $95.7k, resulting in a negative trade balance of $41.3k. Between July 2023 and July 2024 the exports of Philippines'   Perfume Plants have increased by $12.5k (29.7%) from $41.9k to $54.4k, while imports decreased by $-30.6k (-24.2%) from $126k to $95.7k.

Destinations In July 2024, Perfume Plants were exported mostly to United States ($54.4k), and were imported mostly from France ($50.2k), Turkey ($37.8k), Vietnam ($2.9k), Poland ($2.32k), and India ($2.18k).

Growth In July 2024, the increase in Perfume Plants's year-by-year exports was explained primarily by an increase in exports to . In July 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 (July 2023 - July 2024)$12.5k(29.7%)
IMPORT GROWTH (July 2023 - July 2024)$-30.6k(-24.2%)
MAIN DESTINATION (July 2024)United States$54.4k

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 (2023)$699k
IMPORTS (2023)$3.31M
NET TRADE (2023)-$2.61M

In 2023, Philippines exported $699k in Perfume Plants. The main destinations of Philippines exports on Perfume Plants were United States ($321k), Japan ($77.3k), Kuwait ($50.4k), Saudi Arabia ($49.8k), and Qatar ($44.3k).

In 2023, Philippines imported $3.31M in Perfume Plants, mainly from India ($956k), Thailand ($624k), China ($527k), New Zealand ($344k), and Sri Lanka ($168k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Perfume Plants EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
Saudi Arabia$49.8k (1%)
Qatar$44.3k (1%)
Italy$30k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Perfume Plants BY Philippines WERE (2022 - 2023):
India-$152k (-100%)
Japan-$97.8k (-55.9%)
United States-$91.7k (-22.2%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Philippines's main exporting competitors in Perfume Plants were:
China $988M
India $467M
Canada $279M
In 2023, Philippines's main importing competitors in Perfume Plants were:
United States $512M
Germany $428M
China $337M

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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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