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2022
Exports $126kWorld Rnk 97 / 154
Flag Rnk 814 / 1127
2022
Destination $45.2k Vietnam
2021 - 2022
FASTEST GROWING MARKET $45.2kVietnam
2022
PRODUCT COMPLEXITY IN Processed Tomatoes-1.57Rnk 956 / 1025
2022
Imports $47.1MWorld Rnk 29 / 219
Flag Rnk 397 / 1201
2022
Origin $10.2M China
2021 - 2022
FASTEST GROWING ORIGIN $10.2MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $126k in Processed Tomatoes, making it the 97th largest exporter of Processed Tomatoes in the world. At the same year, Processed Tomatoes was the 814th most exported product in Philippines. The main destination of Processed Tomatoes exports from Philippines are: Vietnam ($45.2k), Japan ($29.3k), Macau ($20.5k), Australia ($17.9k), and United Arab Emirates ($3.34k).

The fastest growing export markets for Processed Tomatoes of Philippines between 2021 and 2022 were Vietnam ($45.2k), Japan ($19.8k), and Australia ($13.4k).

Imports In 2022, Philippines imported $47.1M in Processed Tomatoes, becoming the 29th largest importer of Processed Tomatoes in the world. At the same year, Processed Tomatoes was the 397th most imported product in Philippines. Philippines imports Processed Tomatoes primarily from: China ($39.8M), Italy ($5.87M), United States ($293k), Spain ($274k), and Australia ($255k).

The fastest growing import markets in Processed Tomatoes for Philippines between 2021 and 2022 were China ($10.2M), Italy ($3.54M), and India ($225k).

Latest Trends

August 2024

About

Overview In August 2024 Philippines' Processed Tomatoes exports accounted up to $6.91k and imports accounted up to $5.37M, resulting in a negative trade balance of $5.36M. Between August 2023 and August 2024 the exports of Philippines'   Processed Tomatoes have decreased by $-32k (-82.3%) from $39k to $6.91k, while imports increased by $2.13M (65.8%) from $3.24M to $5.37M.

Destinations In August 2024, Processed Tomatoes were exported mostly to South Korea ($4.55k), Japan ($1.4k), and Canada ($960), and were imported mostly from China ($4.89M), Italy ($407k), Spain ($62.3k), United States ($4.22k), and Australia ($3.39k).

Growth In August 2024, the decrease in Processed Tomatoes's year-by-year exports was explained primarily by a decrease in exports to . In August 2024, the increase in Processed Tomatoes's year-by-year imports was explained primarily by an increase in imports from China ($3.34M or 227%), Italy ($210k or 240%), and Spain ($5.09k or 16.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-32k(-82.3%)
IMPORT GROWTH (August 2023 - August 2024)$2.13M(65.8%)
MAIN DESTINATION (August 2024)South Korea$4.55k

This section shows Processed Tomatoes'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 Processed Tomatoes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$126k
IMPORTS (2022)$47.1M
NET TRADE (2022)-$47M

In 2022, Philippines exported $126k in Processed Tomatoes. The main destinations of Philippines exports on Processed Tomatoes were Vietnam ($45.2k), Japan ($29.3k), Macau ($20.5k), Australia ($17.9k), and United Arab Emirates ($3.34k).

In 2022, Philippines imported $47.1M in Processed Tomatoes, mainly from China ($39.8M), Italy ($5.87M), United States ($293k), Spain ($274k), and Australia ($255k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Tomatoes EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Vietnam$45.2k (1%)
Japan$19.8k (207%)
Australia$13.4k (294%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Tomatoes BY Philippines WERE (2021 - 2022):
Saudi Arabia-$28.3k (-100%)
Kuwait-$15.1k (-100%)
Bahrain-$10.1k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Processed Tomatoes were:
Italy $2.55B
China $919M
Spain $577M
In 2022, Philippines's main importing competitors in Processed Tomatoes were:
Germany $737M
United Kingdom $596M
Iraq $392M

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Trade Value of Processed Tomatoes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $33.4k
TOP IMPORT POTENTIALItaly+ $2.23M

Processed Tomatoes’s highest export potential is Japan. With an export gap of $33.4k.   Processed Tomatoes’s highest import potential is Italy with an import gap of $2.23M.

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