2022
Exports
$12.9kWorld Rnk 106 / 146
Flag Rnk 977 / 1127
2022
PRODUCT COMPLEXITY IN Pure Olive Oil
-0.75Rnk 772 / 1025
2022
Imports
$17.7MWorld Rnk 44 / 218
Flag Rnk 600 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $12.9k in Pure Olive Oil, making it the 106th largest exporter of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 977th most exported product in Philippines. The main destination of Pure Olive Oil exports from Philippines are: Guatemala ($6.78k), Hong Kong ($4.07k), Canada ($1.38k), Slovenia ($251), and Luxembourg ($168).

The fastest growing export markets for Pure Olive Oil of Philippines between 2021 and 2022 were Guatemala ($6.78k), Hong Kong ($4.07k), and Slovenia ($251).

Imports In 2022, Philippines imported $17.7M in Pure Olive Oil, becoming the 44th largest importer of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 600th most imported product in Philippines. Philippines imports Pure Olive Oil primarily from: Spain ($13.1M), Italy ($3.18M), Turkey ($834k), South Korea ($317k), and France ($56.4k).

The fastest growing import markets in Pure Olive Oil for Philippines between 2021 and 2022 were Spain ($2.48M), Italy ($537k), and Turkey ($521k).

Latest Trends

Aug 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Pure Olive Oil. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$12.9k
IMPORTS (2022)$17.7M
NET TRADE (2022)-$17.7M

In 2022, Philippines exported $12.9k in Pure Olive Oil. The main destinations of Philippines exports on Pure Olive Oil were Guatemala ($6.78k), Hong Kong ($4.07k), Canada ($1.38k), Slovenia ($251), and Luxembourg ($168).

In 2022, Philippines imported $17.7M in Pure Olive Oil, mainly from Spain ($13.1M), Italy ($3.18M), Turkey ($834k), South Korea ($317k), and France ($56.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pure Olive Oil EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Guatemala$6.78k (1%)
Hong Kong$4.07k (1%)
Slovenia$251 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pure Olive Oil BY Philippines WERE (2021 - 2022):
Singapore-$82.1k (-100%)
Canada-$29.6k (-95.5%)
Saudi Arabia-$7.61k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Pure Olive Oil were:
Spain $4.43B
Italy $1.87B
In 2022, Philippines's main importing competitors in Pure Olive Oil were:

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Trade Value of Pure Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $3.51k
TOP IMPORT POTENTIALItaly+ $1.12M

Pure Olive Oil’s highest export potential is Canada. With an export gap of $3.51k.   Pure Olive Oil’s highest import potential is Italy with an import gap of $1.12M.

See methodology.

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