2022
Exports
$64.1MWorld Rnk 45 / 156
Flag Rnk 149 / 1127
2022
PRODUCT COMPLEXITY IN Propylene Polymers
0.22Rnk 482 / 1025
2022
Imports
$351MWorld Rnk 33 / 207
Flag Rnk 101 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $64.1M in Propylene Polymers, making it the 45th largest exporter of Propylene Polymers in the world. At the same year, Propylene Polymers was the 149th most exported product in Philippines. The main destination of Propylene Polymers exports from Philippines are: Indonesia ($47.9M), China ($7.55M), Burma ($4.31M), Malaysia ($2.24M), and Vietnam ($661k).

The fastest growing export markets for Propylene Polymers of Philippines between 2021 and 2022 were Indonesia ($34.6M), Malaysia ($1.2M), and Thailand ($110k).

Imports In 2018, Philippines imported $351M in Propylene Polymers, becoming the 33rd largest importer of Propylene Polymers in the world. At the same year, Propylene Polymers was the 101st most imported product in Philippines. Philippines imports Propylene Polymers primarily from: China ($87.4M), Thailand ($61.5M), Singapore ($39.5M), Malaysia ($38.6M), and South Korea ($33.8M).

The fastest growing import markets in Propylene Polymers for Philippines between 2021 and 2022 were China ($23.5M), United Arab Emirates ($4.83M), and Hong Kong ($955k).

COMPANIES In 2023, leading companies such as Michael Kors (1) were at the forefront of shipping Propylene Polymers from Philippines to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-3.14M(-88%)
IMPORT GROWTH (July 2023 - July 2024)$9.62M(52.8%)
MAIN DESTINATION (July 2024)Malaysia$171k

This section shows Propylene Polymers'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 Propylene Polymers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$64.1M
IMPORTS (2022)$351M
NET TRADE (2022)-$287M

In 2022, Philippines exported $64.1M in Propylene Polymers. The main destinations of Philippines exports on Propylene Polymers were Indonesia ($47.9M), China ($7.55M), Burma ($4.31M), Malaysia ($2.24M), and Vietnam ($661k).

In 2022, Philippines imported $351M in Propylene Polymers, mainly from China ($87.4M), Thailand ($61.5M), Singapore ($39.5M), Malaysia ($38.6M), and South Korea ($33.8M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Propylene Polymers EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Indonesia$34.6M (260%)
Malaysia$1.2M (116%)
Thailand$110k (21k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Propylene Polymers BY Philippines WERE (2021 - 2022):
Vietnam-$1.38M (-67.6%)
Burma-$1.25M (-22.4%)
Israel-$625k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Propylene Polymers were:
In 2022, Philippines's main importing competitors in Propylene Polymers were:
China $5.98B
Turkey $3.31B
Germany $3.08B

Explore Visualizations

Trade Value of Propylene Polymers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $10.4M
TOP IMPORT POTENTIALSouth Korea+ $17.2M

Propylene Polymers’s highest export potential is China. With an export gap of $10.4M.   Propylene Polymers’s highest import potential is South Korea with an import gap of $17.2M.

See methodology.

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