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2023
Exports $23.8MWorld Rnk 37 / 163
Flag Rnk 228 / 1123
2023
Destination $1.75M Chinese Taipei
2022 - 2023
FASTEST GROWING MARKET $1.75MVietnam
2023
PRODUCT COMPLEXITY IN Recovered Paper-0.23Rnk 629 / 1025
2023
Imports $7.87MWorld Rnk 48 / 190
Flag Rnk 717 / 1202
2023
Origin $528k South Korea
2022 - 2023
FASTEST GROWING ORIGIN $528kSouth Korea
2023
ECONOMIC COMPLEXITY of Philippines0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $23.8M in Recovered Paper, making it the 37th largest exporter of Recovered Paper in the world. At the same year, Recovered Paper was the 228th most exported product in Philippines. The main destination of Recovered Paper exports from Philippines are: Chinese Taipei ($11.3M), Vietnam ($8.17M), Thailand ($3.54M), South Korea ($569k), and Indonesia ($175k).

The fastest growing export markets for Recovered Paper of Philippines between 2022 and 2023 were Vietnam ($1.75M), Chinese Taipei ($693k), and Indonesia ($175k).

Imports In 2023, Philippines imported $7.87M in Recovered Paper, becoming the 48th largest importer of Recovered Paper in the world. At the same year, Recovered Paper was the 717th most imported product in Philippines. Philippines imports Recovered Paper primarily from: South Korea ($4.23M), United Kingdom ($864k), Pakistan ($626k), Japan ($616k), and China ($446k).

The fastest growing import markets in Recovered Paper for Philippines between 2022 and 2023 were South Korea ($528k), Japan ($254k), and Canada ($131k).

Latest Trends

July 2024

About

Overview In July 2024 Philippines' Recovered Paper exports accounted up to $1.13M and imports accounted up to $1.07M, resulting in a positive trade balance of $64.6k. Between July 2023 and July 2024 the exports of Philippines'   Recovered Paper have increased by $101k (9.79%) from $1.03M to $1.13M, while imports increased by $515k (93.3%) from $552k to $1.07M.

Destinations In July 2024, Recovered Paper were exported mostly to Vietnam ($512k), Chinese Taipei ($485k), and South Korea ($135k), and were imported mostly from South Korea ($622k), Netherlands ($148k), Japan ($143k), Pakistan ($59.4k), and Ireland ($39k).

Growth In July 2024, the increase in Recovered Paper's year-by-year exports was explained primarily by an increase in exports to . In July 2024, the increase in Recovered Paper's year-by-year imports was explained primarily by an increase in imports from South Korea ($350k or 197%), China ($87.3k or 10.8k%), and United States ($59.2k or 16.7k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$101k(9.79%)
IMPORT GROWTH (July 2023 - July 2024)$515k(93.3%)
MAIN DESTINATION (July 2024)Vietnam$512k

This section shows Recovered Paper'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 Recovered Paper over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$23.8M
IMPORTS (2023)$7.87M
NET TRADE (2023)$16M

In 2023, Philippines exported $23.8M in Recovered Paper. The main destinations of Philippines exports on Recovered Paper were Chinese Taipei ($11.3M), Vietnam ($8.17M), Thailand ($3.54M), South Korea ($569k), and Indonesia ($175k).

In 2023, Philippines imported $7.87M in Recovered Paper, mainly from South Korea ($4.23M), United Kingdom ($864k), Pakistan ($626k), Japan ($616k), and China ($446k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Recovered Paper EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
Vietnam$1.75M (27.2%)
Chinese Taipei$693k (6.55%)
Indonesia$175k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Recovered Paper BY Philippines WERE (2022 - 2023):
Thailand-$4.68M (-56.9%)
South Korea-$4.6M (-89%)
China-$1.8M (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Philippines's main exporting competitors in Recovered Paper were:
United States $2.63B
United Kingdom $577M
France $454M
In 2023, Philippines's main importing competitors in Recovered Paper were:
India $1.36B
Germany $660M
Vietnam $639M

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Trade Value of Recovered Paper by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALVietnam+ $1.25M
TOP IMPORT POTENTIALUnited States+ $890k

Recovered Paper’s highest export potential is Vietnam. With an export gap of $1.25M.   Recovered Paper’s highest import potential is United States with an import gap of $890k.

See methodology.

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