2023
Exports
$54.8MWorld Rnk 49 / 181
Flag Rnk 159 / 1123
2023
PRODUCT COMPLEXITY IN Polyacetals
0.78Rnk 259 / 1025
2023
Imports
$528MWorld Rnk 32 / 223
Flag Rnk 45 / 1202
2023
ECONOMIC COMPLEXITY of Philippines
0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $54.8M in Polyacetals, making it the 49th largest exporter of Polyacetals in the world. At the same year, Polyacetals was the 159th most exported product in Philippines. The main destination of Polyacetals exports from Philippines are: Malaysia ($15.3M), Chinese Taipei ($10.6M), China ($10.2M), United States ($4.78M), and Japan ($3.75M).

The fastest growing export markets for Polyacetals of Philippines between 2022 and 2023 were Chinese Taipei ($10.2M), Malaysia ($9M), and Canada ($1.9M).

Imports In 2023, Philippines imported $528M in Polyacetals, becoming the 32nd largest importer of Polyacetals in the world. At the same year, Polyacetals was the 45th most imported product in Philippines. Philippines imports Polyacetals primarily from: China ($229M), Singapore ($68.9M), Japan ($59.2M), Thailand ($53.7M), and Malaysia ($27.1M).

The fastest growing import markets in Polyacetals for Philippines between 2022 and 2023 were United Kingdom ($420k), United States ($314k), and Switzerland ($118k).

COMPANIES In 2023, leading companies such as DuPont (1) were at the forefront of shipping Polyacetals from Philippines to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-2.43M(-55.4%)
IMPORT GROWTH (July 2023 - July 2024)$20.2M(49.7%)
MAIN DESTINATION (July 2024)Indonesia$718k

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
EXPORTS (2023)$54.8M
IMPORTS (2023)$528M
NET TRADE (2023)-$474M

In 2023, Philippines exported $54.8M in Polyacetals. The main destinations of Philippines exports on Polyacetals were Malaysia ($15.3M), Chinese Taipei ($10.6M), China ($10.2M), United States ($4.78M), and Japan ($3.75M).

In 2023, Philippines imported $528M in Polyacetals, mainly from China ($229M), Singapore ($68.9M), Japan ($59.2M), Thailand ($53.7M), and Malaysia ($27.1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Polyacetals EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
Chinese Taipei$10.2M (2.5k%)
Malaysia$9M (143%)
Canada$1.9M (99.3k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Polyacetals BY Philippines WERE (2022 - 2023):
China-$6.07M (-37.3%)
Spain-$3.07M (-99.9%)
United States-$1.1M (-18.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Philippines's main exporting competitors in Polyacetals were:
In 2023, Philippines's main importing competitors in Polyacetals were:

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Trade Value of Polyacetals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $16M
TOP IMPORT POTENTIALChina+ $48.2M

Polyacetals’s highest export potential is China. With an export gap of $16M.   Polyacetals’s highest import potential is China with an import gap of $48.2M.

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