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2022
Exports $18MWorld Rnk 63 / 187
Flag Rnk 273 / 1127
2022
Destination $2.98M Sweden
2021 - 2022
FASTEST GROWING MARKET $2.98MIndonesia
2022
PRODUCT COMPLEXITY IN Pesticides0.016Rnk 541 / 1025
2022
Imports $441MWorld Rnk 31 / 226
Flag Rnk 81 / 1201
2022
Origin $13.2M China
2021 - 2022
FASTEST GROWING ORIGIN $13.2MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $18M in Pesticides, making it the 63rd largest exporter of Pesticides in the world. At the same year, Pesticides was the 273rd most exported product in Philippines. The main destination of Pesticides exports from Philippines are: Sweden ($3.9M), Finland ($3.22M), Indonesia ($2.98M), Norway ($1.77M), and France ($785k).

The fastest growing export markets for Pesticides of Philippines between 2021 and 2022 were Indonesia ($2.98M), Finland ($2.6M), and Sweden ($1.68M).

Imports In 2022, Philippines imported $441M in Pesticides, becoming the 31st largest importer of Pesticides in the world. At the same year, Pesticides was the 81st most imported product in Philippines. Philippines imports Pesticides primarily from: China ($159M), Indonesia ($60.7M), India ($37.4M), Malaysia ($25.7M), and Japan ($16.8M).

The fastest growing import markets in Pesticides for Philippines between 2021 and 2022 were China ($13.2M), India ($10.2M), and Colombia ($2.96M).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Pesticides exports accounted up to $55.3k and imports accounted up to $15.4M, resulting in a negative trade balance of $15.4M. Between June 2023 and June 2024 the exports of Philippines'   Pesticides have decreased by $-11.5k (-17.2%) from $66.8k to $55.3k, while imports decreased by $-20.7M (-57.3%) from $36.1M to $15.4M.

Destinations In June 2024, Pesticides were exported mostly to Singapore ($32.3k), Hong Kong ($12.4k), Palau ($6.78k), Chinese Taipei ($3.36k), and Japan ($436), and were imported mostly from India ($2.17M), Singapore ($2.16M), Japan ($1.83M), Germany ($1.72M), and Thailand ($1.44M).

Growth In June 2024, the decrease in Pesticides's year-by-year exports was explained primarily by a decrease in exports to Singapore ($-62.6k or -98.5%) and Chinese Taipei ($-2.36k or -62.4%). In June 2024, the decrease in Pesticides's year-by-year imports was explained primarily by a decrease in imports from Malaysia ($-5.23M or -73.9%), Thailand ($-3.31M or -72.8%), and United Kingdom ($-417k or -41.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-11.5k(-17.2%)
IMPORT GROWTH (June 2023 - June 2024)$-20.7M(-57.3%)
MAIN DESTINATION (June 2024)Singapore$32.3k

This section shows Pesticides'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 Pesticides over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$18M
IMPORTS (2022)$441M
NET TRADE (2022)-$423M

In 2022, Philippines exported $18M in Pesticides. The main destinations of Philippines exports on Pesticides were Sweden ($3.9M), Finland ($3.22M), Indonesia ($2.98M), Norway ($1.77M), and France ($785k).

In 2022, Philippines imported $441M in Pesticides, mainly from China ($159M), Indonesia ($60.7M), India ($37.4M), Malaysia ($25.7M), and Japan ($16.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pesticides EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Indonesia$2.98M (11.9M%)
Finland$2.6M (421%)
Sweden$1.68M (75.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pesticides BY Philippines WERE (2021 - 2022):
United States-$3.97M (-98%)
Brazil-$1.48M (-100%)
Singapore-$757k (-54.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Pesticides were:
China $12B
United States $5.36B
India $4.35B
In 2022, Philippines's main importing competitors in Pesticides were:
Brazil $7.06B
United States $3.01B
Canada $2.24B

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Trade Value of Pesticides by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $1.46M
TOP IMPORT POTENTIALChina+ $43.5M

Pesticides’s highest export potential is Indonesia. With an export gap of $1.46M.   Pesticides’s highest import potential is China with an import gap of $43.5M.

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