2022
Exports
$1.3MWorld Rnk 46 / 138
Flag Rnk 576 / 1127
2022
PRODUCT COMPLEXITY IN Prepared Pigments
1.08Rnk 144 / 1025
2022
Imports
$155MWorld Rnk 10 / 195
Flag Rnk 189 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $1.3M in Prepared Pigments, making it the 46th largest exporter of Prepared Pigments in the world. At the same year, Prepared Pigments was the 576th most exported product in Philippines. The main destination of Prepared Pigments exports from Philippines are: Indonesia ($366k), Mexico ($266k), Vietnam ($233k), Nicaragua ($149k), and Chinese Taipei ($122k).

The fastest growing export markets for Prepared Pigments of Philippines between 2021 and 2022 were Vietnam ($136k), Chinese Taipei ($122k), and Mexico ($44.6k).

Imports In 2022, Philippines imported $155M in Prepared Pigments, becoming the 10th largest importer of Prepared Pigments in the world. At the same year, Prepared Pigments was the 189th most imported product in Philippines. Philippines imports Prepared Pigments primarily from: South Korea ($102M), Japan ($34.4M), Chinese Taipei ($10.2M), Turkey ($1.91M), and Spain ($1.71M).

The fastest growing import markets in Prepared Pigments for Philippines between 2021 and 2022 were South Korea ($101M), Spain ($535k), and Turkey ($289k).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-16k(-19.1%)
IMPORT GROWTH (June 2023 - June 2024)$700k(48.3%)
MAIN DESTINATION (June 2024)Indonesia$40.9k

This section shows Prepared Pigments'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 Prepared Pigments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.3M
IMPORTS (2022)$155M
NET TRADE (2022)-$153M

In 2022, Philippines exported $1.3M in Prepared Pigments. The main destinations of Philippines exports on Prepared Pigments were Indonesia ($366k), Mexico ($266k), Vietnam ($233k), Nicaragua ($149k), and Chinese Taipei ($122k).

In 2022, Philippines imported $155M in Prepared Pigments, mainly from South Korea ($102M), Japan ($34.4M), Chinese Taipei ($10.2M), Turkey ($1.91M), and Spain ($1.71M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Prepared Pigments EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Vietnam$136k (141%)
Chinese Taipei$122k (1%)
Mexico$44.6k (20.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Prepared Pigments BY Philippines WERE (2021 - 2022):
South Korea-$634k (-93%)
United Arab Emirates-$68.2k (-100%)
Singapore-$36k (-98.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Prepared Pigments were:
Spain $1.21B
China $759M
Japan $627M
In 2022, Philippines's main importing competitors in Prepared Pigments were:

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Trade Value of Prepared Pigments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALVietnam+ $135k
TOP IMPORT POTENTIALChina+ $1.84M

Prepared Pigments’s highest export potential is Vietnam. With an export gap of $135k.   Prepared Pigments’s highest import potential is China with an import gap of $1.84M.

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