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2022
Exports $302kWorld Rnk 68 / 104
Flag Rnk 727 / 1127
2022
Destination $93.5k Chinese Taipei
2021 - 2022
FASTEST GROWING MARKET $93.5kChinese Taipei
2022
PRODUCT COMPLEXITY IN Starch Residue-0.09Rnk 577 / 1025
2022
Imports $62.3MWorld Rnk 29 / 148
Flag Rnk 349 / 1201
2022
Origin $4.95M United States
2021 - 2022
FASTEST GROWING ORIGIN $4.95MUnited States
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $302k in Starch Residue, making it the 68th largest exporter of Starch Residue in the world. At the same year, Starch Residue was the 727th most exported product in Philippines. The main destination of Starch Residue exports from Philippines are: Chinese Taipei ($161k), South Korea ($103k), United States ($37.8k), and Netherlands ($77).

The fastest growing export markets for Starch Residue of Philippines between 2021 and 2022 were Chinese Taipei ($93.5k), United States ($37.8k), and Netherlands ($77).

Imports In 2022, Philippines imported $62.3M in Starch Residue, becoming the 29th largest importer of Starch Residue in the world. At the same year, Starch Residue was the 349th most imported product in Philippines. Philippines imports Starch Residue primarily from: United States ($58.8M), China ($2.9M), Canada ($175k), United Kingdom ($123k), and Indonesia ($53.9k).

The fastest growing import markets in Starch Residue for Philippines between 2021 and 2022 were United States ($4.95M), China ($1.17M), and Netherlands ($41.7k).

Latest Trends

October 2024

About

Overview In October 2024 Philippines' Starch Residue exports accounted up to $78.4k and imports accounted up to $5.73M, resulting in a negative trade balance of $5.65M. Between March 2021 and October 2024 the exports of Philippines'   Starch Residue have increased by $52.6k (204%) from $25.8k to $78.4k, while imports decreased by $-1.25M (-17.9%) from $6.98M to $5.73M.

Destinations In October 2024, Starch Residue were exported mostly to Chinese Taipei ($39.6k), United States ($21.4k), South Korea ($13.9k), and Vietnam ($3.51k), and were imported mostly from United States ($5.25M), Vietnam ($222k), China ($107k), Belarus ($105k), and South Korea ($32.7k).

Growth In October 2024, the increase in Starch Residue's year-by-year exports was explained primarily by an increase in exports to . In October 2024, the decrease in Starch Residue's year-by-year imports was explained primarily by a decrease in imports from United States ($-3.91M or -36.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2021 - October 2024)$52.6k(204%)
IMPORT GROWTH (October 2023 - October 2024)$-1.25M(-17.9%)
MAIN DESTINATION (October 2024)Chinese Taipei$39.6k

This section shows Starch Residue'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 Starch Residue over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$302k
IMPORTS (2022)$62.3M
NET TRADE (2022)-$62M

In 2022, Philippines exported $302k in Starch Residue. The main destinations of Philippines exports on Starch Residue were Chinese Taipei ($161k), South Korea ($103k), United States ($37.8k), and Netherlands ($77).

In 2022, Philippines imported $62.3M in Starch Residue, mainly from United States ($58.8M), China ($2.9M), Canada ($175k), United Kingdom ($123k), and Indonesia ($53.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Starch Residue EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Chinese Taipei$93.5k (138%)
United States$37.8k (1%)
Netherlands$77 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Starch Residue BY Philippines WERE (2021 - 2022):
Japan-$27.2k (-100%)
Hong Kong-$26.6k (-100%)
United Arab Emirates-$9.56k (-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 Starch Residue were:
United States $4.14B
China $592M
Russia $277M
In 2022, Philippines's main importing competitors in Starch Residue were:
South Korea $719M
Mexico $627M
Vietnam $544M

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Trade Value of Starch Residue by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $513
N/AN/AN/A

Starch Residue’s highest export potential is South Korea. With an export gap of $513.   Starch Residue’s highest import potential is N/A with an import gap of N/A.

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