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2022
Exports $20.5kWorld Rnk 73 / 128
Flag Rnk 953 / 1127
2022
Destination $448 South Korea
2021 - 2022
FASTEST GROWING MARKET $448Canada
2022
Imports $605kWorld Rnk 67 / 194
Flag Rnk 1048 / 1201
2022
Origin $67k China
2021 - 2022
FASTEST GROWING ORIGIN $67kAustralia
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $20.5k in Pumice, making it the 73rd largest exporter of Pumice in the world. At the same year, Pumice was the 953rd most exported product in Philippines. The main destination of Pumice exports from Philippines are: South Korea ($11k), Singapore ($6.26k), Canada ($2k), Saudi Arabia ($948), and Japan ($297).

The fastest growing export markets for Pumice of Philippines between 2021 and 2022 were Canada ($448).

Imports In 2022, Philippines imported $605k in Pumice, becoming the 67th largest importer of Pumice in the world. At the same year, Pumice was the 1048th most imported product in Philippines. Philippines imports Pumice primarily from: China ($189k), Australia ($164k), India ($75.4k), Hong Kong ($32.9k), and Turkey ($32.7k).

The fastest growing import markets in Pumice for Philippines between 2021 and 2022 were Australia ($67k), India ($55.4k), and Hong Kong ($32.9k).

Latest Trends

August 2024

About

Overview In August 2024 Philippines' Pumice exports accounted up to $100 and imports accounted up to $72k, resulting in a negative trade balance of $71.9k. Between March 2022 and August 2024 the exports of Philippines'   Pumice have decreased by $-1.88k (-94.9%) from $1.98k to $100, while imports increased by $1.49k (2.11%) from $70.5k to $72k.

Destinations In August 2024, Pumice were exported mostly to Germany ($100), and were imported mostly from China ($51.3k), Australia ($14.7k), and Hong Kong ($6k).

Growth In August 2024, the decrease in Pumice's year-by-year exports was explained primarily by a decrease in exports to . In August 2024, the increase in Pumice's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2022 - August 2024)$-1.88k(-94.9%)
IMPORT GROWTH (August 2023 - August 2024)$1.49k(2.11%)
MAIN DESTINATION (August 2024)Germany$100

This section shows Pumice'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 Pumice over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$20.5k
IMPORTS (2022)$605k
NET TRADE (2022)-$585k

In 2022, Philippines exported $20.5k in Pumice. The main destinations of Philippines exports on Pumice were South Korea ($11k), Singapore ($6.26k), Canada ($2k), Saudi Arabia ($948), and Japan ($297).

In 2022, Philippines imported $605k in Pumice, mainly from China ($189k), Australia ($164k), India ($75.4k), Hong Kong ($32.9k), and Turkey ($32.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pumice EXPORT MARKETS FOR Philippines WERE (2021 - 2022):Canada$448 (29%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pumice BY Philippines WERE (2021 - 2022):
South Korea-$14.9k (-57.5%)
Singapore-$3.65k (-36.9%)
United Arab Emirates-$1.38k (-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 Pumice were:
Australia $97.8M
China $60.8M
South Africa $43.9M
In 2022, Philippines's main importing competitors in Pumice were:
United States $64.2M
Netherlands $30.1M
United Arab Emirates $28.5M

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Trade Value of Pumice by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $3.69k
TOP IMPORT POTENTIALIndia+ $73.8k

Pumice’s highest export potential is South Korea. With an export gap of $3.69k.   Pumice’s highest import potential is India with an import gap of $73.8k.

See methodology.

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