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2022
Exports $68.2MWorld Rnk 14 / 106
Flag Rnk 144 / 1127
2022
Destination $13.2M India
2021 - 2022
FASTEST GROWING MARKET $13.2MIndia
2022
PRODUCT COMPLEXITY IN Phosphoric Acid-0.58Rnk 718 / 1025
2022
Imports $6.52MWorld Rnk 55 / 191
Flag Rnk 793 / 1201
2022
Origin $2.05M China
2021 - 2022
FASTEST GROWING ORIGIN $2.05MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $68.2M in Phosphoric Acid, making it the 14th largest exporter of Phosphoric Acid in the world. At the same year, Phosphoric Acid was the 144th most exported product in Philippines. The main destination of Phosphoric Acid exports from Philippines are: India ($50.4M), Chinese Taipei ($17.9M), and South Korea ($92).

The fastest growing export markets for Phosphoric Acid of Philippines between 2021 and 2022 were India ($13.2M), Chinese Taipei ($5.33M), and South Korea ($92).

Imports In 2022, Philippines imported $6.52M in Phosphoric Acid, becoming the 55th largest importer of Phosphoric Acid in the world. At the same year, Phosphoric Acid was the 793rd most imported product in Philippines. Philippines imports Phosphoric Acid primarily from: China ($6.04M), Chinese Taipei ($238k), Singapore ($97.7k), Germany ($25.8k), and South Korea ($25.4k).

The fastest growing import markets in Phosphoric Acid for Philippines between 2021 and 2022 were China ($2.05M), Chinese Taipei ($173k), and Canada ($14.5k).

Latest Trends

Jul 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 Phosphoric Acid. 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 (2022)$68.2M
IMPORTS (2022)$6.52M
NET TRADE (2022)$61.7M

In 2022, Philippines exported $68.2M in Phosphoric Acid. The main destinations of Philippines exports on Phosphoric Acid were India ($50.4M), Chinese Taipei ($17.9M), and South Korea ($92).

In 2022, Philippines imported $6.52M in Phosphoric Acid, mainly from China ($6.04M), Chinese Taipei ($238k), Singapore ($97.7k), Germany ($25.8k), and South Korea ($25.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Phosphoric Acid EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
India$13.2M (35.6%)
Chinese Taipei$5.33M (42.5%)
South Korea$92 (1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Phosphoric Acid were:
Morocco $2.29B
China $973M
Senegal $846M
In 2022, Philippines's main importing competitors in Phosphoric Acid were:
India $2.91B
Pakistan $627M
Netherlands $398M

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Trade Value of Phosphoric Acid by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $10M
TOP IMPORT POTENTIALChina+ $963k

Phosphoric Acid’s highest export potential is India. With an export gap of $10M.   Phosphoric Acid’s highest import potential is China with an import gap of $963k.

See methodology.

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