2022
Exports
$3.83kWorld Rnk 91 / 112
Flag Rnk 1034 / 1127
2022
PRODUCT COMPLEXITY IN Soapstone
-0.16Rnk 602 / 1025
2022
Imports
$2.43MWorld Rnk 52 / 195
Flag Rnk 923 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $3.83k in Soapstone, making it the 91st largest exporter of Soapstone in the world. At the same year, Soapstone was the 1034th most exported product in Philippines. The main destination of Soapstone exports from Philippines are: Colombia ($2.82k), New Zealand ($421), India ($250), Finland ($218), and Netherlands ($75).

The fastest growing export markets for Soapstone of Philippines between 2021 and 2022 were Colombia ($2.82k), New Zealand ($421), and India ($250).

Imports In 2022, Philippines imported $2.43M in Soapstone, becoming the 52nd largest importer of Soapstone in the world. At the same year, Soapstone was the 923rd most imported product in Philippines. Philippines imports Soapstone primarily from: China ($1.63M), United States ($508k), Finland ($96.2k), Singapore ($48.4k), and Italy ($42.4k).

The fastest growing import markets in Soapstone for Philippines between 2021 and 2022 were Finland ($31.6k), Thailand ($15.5k), and Germany ($11.6k).

Latest Trends

Oct 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 Soapstone. 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)$3.83k
IMPORTS (2022)$2.43M
NET TRADE (2022)-$2.43M

In 2022, Philippines exported $3.83k in Soapstone. The main destinations of Philippines exports on Soapstone were Colombia ($2.82k), New Zealand ($421), India ($250), Finland ($218), and Netherlands ($75).

In 2022, Philippines imported $2.43M in Soapstone, mainly from China ($1.63M), United States ($508k), Finland ($96.2k), Singapore ($48.4k), and Italy ($42.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soapstone EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Colombia$2.82k (1%)
New Zealand$421 (1%)
India$250 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soapstone BY Philippines WERE (2021 - 2022):
Singapore-$13.8k (-100%)
Vietnam-$868 (-100%)
Lebanon-$84 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Soapstone were:
In 2022, Philippines's main importing competitors in Soapstone were:

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Trade Value of Soapstone by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $682
TOP IMPORT POTENTIALChina+ $302k

Soapstone’s highest export potential is China. With an export gap of $682.   Soapstone’s highest import potential is China with an import gap of $302k.

See methodology.

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