NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Exports $20.1MWorld Rnk 45 / 147
Flag Rnk 244 / 1123
2023
Destination $214k China
2022 - 2023
FASTEST GROWING MARKET $214kMalaysia
2023
PRODUCT COMPLEXITY IN Styrene Polymers0.67Rnk 295 / 1025
2023
Imports $173MWorld Rnk 28 / 210
Flag Rnk 145 / 1202
2023
Origin $3.48M Chinese Taipei
2022 - 2023
FASTEST GROWING ORIGIN $3.48MJapan
2023
ECONOMIC COMPLEXITY of Philippines0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $20.1M in Styrene Polymers, making it the 45th largest exporter of Styrene Polymers in the world. At the same year, Styrene Polymers was the 244th most exported product in Philippines. The main destination of Styrene Polymers exports from Philippines are: China ($18.5M), Japan ($550k), Malaysia ($530k), Thailand ($165k), and Hong Kong ($97.1k).

The fastest growing export markets for Styrene Polymers of Philippines between 2022 and 2023 were Malaysia ($214k), Thailand ($164k), and United States ($73.5k).

Imports In 2023, Philippines imported $173M in Styrene Polymers, becoming the 28th largest importer of Styrene Polymers in the world. At the same year, Styrene Polymers was the 145th most imported product in Philippines. Philippines imports Styrene Polymers primarily from: Chinese Taipei ($37M), South Korea ($30.1M), Indonesia ($18.8M), China ($18.7M), and Thailand ($16.2M).

The fastest growing import markets in Styrene Polymers for Philippines between 2022 and 2023 were Japan ($3.48M), Vietnam ($1.56M), and Belgium ($130k).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Styrene Polymers exports accounted up to $66.2k and imports accounted up to $18M, resulting in a negative trade balance of $17.9M. Between June 2023 and June 2024 the exports of Philippines'   Styrene Polymers have decreased by $-520k (-88.7%) from $586k to $66.2k, while imports increased by $5.11M (39.7%) from $12.9M to $18M.

Destinations In June 2024, Styrene Polymers were exported mostly to , and were imported mostly from South Korea ($4M), Chinese Taipei ($2.72M), China ($2.38M), Malaysia ($2.08M), and Indonesia ($1.94M).

Growth In June 2024, the decrease in Styrene Polymers's year-by-year exports was explained primarily by a decrease in exports to . In July 2024, the increase in Styrene Polymers's year-by-year imports was explained primarily by an increase in imports from South Korea ($1.94M or 77.8%), Malaysia ($1.73M or 201%), and China ($919k or 74.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-520k(-88.7%)
IMPORT GROWTH (July 2023 - July 2024)$5.11M(39.7%)
MAIN DESTINATION (June 2024)

This section shows Styrene Polymers'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 Styrene Polymers over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$20.1M
IMPORTS (2023)$173M
NET TRADE (2023)-$153M

In 2023, Philippines exported $20.1M in Styrene Polymers. The main destinations of Philippines exports on Styrene Polymers were China ($18.5M), Japan ($550k), Malaysia ($530k), Thailand ($165k), and Hong Kong ($97.1k).

In 2023, Philippines imported $173M in Styrene Polymers, mainly from Chinese Taipei ($37M), South Korea ($30.1M), Indonesia ($18.8M), China ($18.7M), and Thailand ($16.2M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Styrene Polymers EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
Malaysia$214k (67.8%)
Thailand$164k (11.5k%)
United States$73.5k (3.51k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Styrene Polymers BY Philippines WERE (2022 - 2023):
China-$7.01M (-27.5%)
Chinese Taipei-$1.29M (-97.4%)
South Korea-$1.08M (-98.6%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Philippines's main exporting competitors in Styrene Polymers were:
South Korea $3.02B
Chinese Taipei $2.47B
Belgium $1.53B
In 2023, Philippines's main importing competitors in Styrene Polymers were:
China $3.19B
Germany $1.25B
United States $1.24B

Explore Visualizations

Trade Value of Styrene Polymers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $12.2M
TOP IMPORT POTENTIALSouth Korea+ $9.53M

Styrene Polymers’s highest export potential is China. With an export gap of $12.2M.   Styrene Polymers’s highest import potential is South Korea with an import gap of $9.53M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms