Polyacetals in Philippines | The Observatory of Economic Complexity

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Exports In 2022, Philippines exported $40.8M in Polyacetals, making it the 58th largest exporter of Polyacetals in the world. At the same year, Polyacetals was the 187th most exported product in Philippines. The main destination of Polyacetals exports from Philippines are: China ($13.6M), Malaysia ($5.83M), United States ($5.19M), Japan ($4.05M), and Spain ($2.74M).

The fastest growing export markets for Polyacetals of Philippines between 2021 and 2022 were China ($4.93M), Malaysia ($3.25M), and United States ($1.99M).

Imports In 2022, Philippines imported $676M in Polyacetals, becoming the 30th largest importer of Polyacetals in the world. At the same year, Polyacetals was the 47th most imported product in Philippines. Philippines imports Polyacetals primarily from: China ($275M), Japan ($83.9M), Singapore ($82M), Thailand ($68.2M), and Malaysia ($39.6M).

The fastest growing import markets in Polyacetals for Philippines between 2021 and 2022 were China ($95.8M), Singapore ($4.67M), and Saudi Arabia ($1.99M).

COMPANIES In 2020, leading companies such as were at the forefront of shipping Polyacetals from Philippines to the United States.

Latest Trends

August 2021

About

Overview In August 2021 Philippines' Polyacetals exports accounted up to $1.16M and imports accounted up to $54.2M, resulting in a negative trade balance of $53M. Between August 2020 and August 2021 the exports of Philippines' Polyacetals have increased by $720k (164%) from $438k to $1.16M, while imports increased by $27.1M (100%) from $27.1M to $54.2M.

Destinations In August 2021, Polyacetals were exported mostly to Japan ($394k), Malaysia ($194k), Chinese Taipei ($145k), Singapore ($116k), and United States ($89k), and were imported mostly from China ($15.3M), Thailand ($11.8M), Japan ($7.48M), Singapore ($5.44M), and Chinese Taipei ($3.87M).

Growth In August 2021, the increase in Polyacetals's year-by-year exports was explained primarily by an increase in exports to Indonesia ($335k or 732%). In August 2021, the increase in Polyacetals's year-by-year imports was explained primarily by an increase in imports from Singapore ($1.74M or 49.2%), India ($289k or 117%), and France ($233k or 950%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2020 - August 2021)$720k(164%)

IMPORT GROWTH (August 2020 - August 2021)$27.1M(100%)

MAIN DESTINATION (August 2021)Japan$394k

This section shows Polyacetals'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 Polyacetals over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$40.8M

IMPORTS (2022)$676M

NET TRADE (2022)-$635M

In 2022, Philippines exported $40.8M in Polyacetals. The main destinations of Philippines exports on Polyacetals were China ($13.6M), Malaysia ($5.83M), United States ($5.19M), Japan ($4.05M), and Spain ($2.74M).

In 2022, Philippines imported $676M in Polyacetals, mainly from China ($275M), Japan ($83.9M), Singapore ($82M), Thailand ($68.2M), and Malaysia ($39.6M).

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