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2022
Exports $47.8MWorld Rnk 16 / 112
Flag Rnk 169 / 1127
2022
Destination $12.2M India
2021 - 2022
FASTEST GROWING MARKET $12.2MIndia
2022
PRODUCT COMPLEXITY IN Sulfuric Acid-0.29Rnk 647 / 1025
2022
Imports $179MWorld Rnk 6 / 188
Flag Rnk 169 / 1201
2022
Origin $49.8M Japan
2021 - 2022
FASTEST GROWING ORIGIN $49.8MJapan
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $47.8M in Sulfuric Acid, making it the 16th largest exporter of Sulfuric Acid in the world. At the same year, Sulfuric Acid was the 169th most exported product in Philippines. The main destination of Sulfuric Acid exports from Philippines are: India ($27.1M), Thailand ($12M), Malaysia ($3.63M), Chile ($2.17M), and Singapore ($1.46M).

The fastest growing export markets for Sulfuric Acid of Philippines between 2021 and 2022 were India ($12.2M), Thailand ($8.64M), and Chile ($2.17M).

Imports In 2022, Philippines imported $179M in Sulfuric Acid, becoming the 6th largest importer of Sulfuric Acid in the world. At the same year, Sulfuric Acid was the 169th most imported product in Philippines. Philippines imports Sulfuric Acid primarily from: Japan ($83.2M), Indonesia ($47.5M), South Korea ($18.8M), China ($6.09M), and Chinese Taipei ($5.54M).

The fastest growing import markets in Sulfuric Acid for Philippines between 2021 and 2022 were Japan ($49.8M), Indonesia ($35.1M), and South Korea ($14M).

Latest Trends

April 2024

About

Overview In April 2024 Philippines' Sulfuric Acid exports accounted up to $580k and imports accounted up to $4.97M, resulting in a negative trade balance of $4.39M. Between April 2023 and April 2024 the exports of Philippines'   Sulfuric Acid have increased by $473k (443%) from $107k to $580k, while imports decreased by $-783k (-13.6%) from $5.75M to $4.97M.

Destinations In April 2024, Sulfuric Acid were exported mostly to , and were imported mostly from Japan ($4.82M), South Korea ($86.9k), Chinese Taipei ($26.1k), Thailand ($11.6k), and India ($10.3k).

Growth In April 2024, the increase in Sulfuric Acid's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the decrease in Sulfuric Acid's year-by-year imports was explained primarily by a decrease in imports from Japan ($-747k or -14.5%) and Thailand ($-10.6k or -67.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (April 2023 - April 2024)$473k(443%)
IMPORT GROWTH (June 2023 - June 2024)$-783k(-13.6%)
MAIN DESTINATION (April 2024)

This section shows Sulfuric Acid'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 Sulfuric Acid over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$47.8M
IMPORTS (2022)$179M
NET TRADE (2022)-$131M

In 2022, Philippines exported $47.8M in Sulfuric Acid. The main destinations of Philippines exports on Sulfuric Acid were India ($27.1M), Thailand ($12M), Malaysia ($3.63M), Chile ($2.17M), and Singapore ($1.46M).

In 2022, Philippines imported $179M in Sulfuric Acid, mainly from Japan ($83.2M), Indonesia ($47.5M), South Korea ($18.8M), China ($6.09M), and Chinese Taipei ($5.54M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sulfuric Acid EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
India$12.2M (82.6%)
Thailand$8.64M (257%)
Chile$2.17M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sulfuric Acid BY Philippines WERE (2021 - 2022):
China-$8.46M (-100%)
Saudi Arabia-$4.58M (-100%)
United States-$4.07M (-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 Sulfuric Acid were:
China $638M
South Korea $321M
Japan $301M
In 2022, Philippines's main importing competitors in Sulfuric Acid were:
Chile $754M
United States $459M
Morocco $201M

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Trade Value of Sulfuric Acid by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChile+ $1.07M
TOP IMPORT POTENTIALChina+ $2M

Sulfuric Acid’s highest export potential is Chile. With an export gap of $1.07M.   Sulfuric Acid’s highest import potential is China with an import gap of $2M.

See methodology.

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