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Pricing

2022
Exports $513kWorld Rnk 23 / 105
Flag Rnk 664 / 1127
2022
Destination $64.5k United Kingdom
2021 - 2022
FASTEST GROWING MARKET $64.5kCanada
2022
Imports $5.58MWorld Rnk 12 / 193
Flag Rnk 808 / 1201
2022
Origin $791k Thailand
2021 - 2022
FASTEST GROWING ORIGIN $791kThailand
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $513k in Tapioca, making it the 23rd largest exporter of Tapioca in the world. At the same year, Tapioca was the 664th most exported product in Philippines. The main destination of Tapioca exports from Philippines are: United Kingdom ($121k), Canada ($100k), United States ($77.8k), United Arab Emirates ($73.4k), and Ireland ($25.3k).

The fastest growing export markets for Tapioca of Philippines between 2021 and 2022 were Canada ($64.5k), United Arab Emirates ($37.4k), and Kuwait ($12.7k).

Imports In 2022, Philippines imported $5.58M in Tapioca, becoming the 12th largest importer of Tapioca in the world. At the same year, Tapioca was the 808th most imported product in Philippines. Philippines imports Tapioca primarily from: Thailand ($2.86M), Chinese Taipei ($2.11M), China ($378k), Singapore ($94.1k), and Indonesia ($46.5k).

The fastest growing import markets in Tapioca for Philippines between 2021 and 2022 were Thailand ($791k), Indonesia ($46.2k), and Malaysia ($42.4k).

Latest Trends

October 2024

About

Overview In October 2024 Philippines' Tapioca exports accounted up to $39.5k and imports accounted up to $422k, resulting in a negative trade balance of $382k. Between October 2023 and October 2024 the exports of Philippines'   Tapioca have decreased by $-31k (-44%) from $70.6k to $39.5k, while imports increased by $91.2k (27.6%) from $331k to $422k.

Destinations In October 2024, Tapioca were exported mostly to United States ($24.2k), Australia ($5.6k), Bahrain ($4.65k), Israel ($3.9k), and Cyprus ($800), and were imported mostly from Thailand ($301k), Chinese Taipei ($91.6k), and China ($29.5k).

Growth In October 2024, the decrease in Tapioca's year-by-year exports was explained primarily by a decrease in exports to United States ($-14.9k or -98.9%). In October 2024, the increase in Tapioca's year-by-year imports was explained primarily by an increase in imports from Thailand ($39.9k or 14.4%) and Chinese Taipei ($7.95k or 8.93%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-31k(-44%)
IMPORT GROWTH (October 2023 - October 2024)$91.2k(27.6%)
MAIN DESTINATION (October 2024)United States$24.2k

This section shows Tapioca'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 Tapioca over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$513k
IMPORTS (2022)$5.58M
NET TRADE (2022)-$5.07M

In 2022, Philippines exported $513k in Tapioca. The main destinations of Philippines exports on Tapioca were United Kingdom ($121k), Canada ($100k), United States ($77.8k), United Arab Emirates ($73.4k), and Ireland ($25.3k).

In 2022, Philippines imported $5.58M in Tapioca, mainly from Thailand ($2.86M), Chinese Taipei ($2.11M), China ($378k), Singapore ($94.1k), and Indonesia ($46.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tapioca EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Canada$64.5k (179%)
United Arab Emirates$37.4k (104%)
Kuwait$12.7k (197%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tapioca BY Philippines WERE (2021 - 2022):
United Kingdom-$174k (-58.9%)
Netherlands-$107k (-82.3%)
Saudi Arabia-$99.6k (-93.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Tapioca were:
Chinese Taipei $101M
Thailand $38.7M
China $20.8M
In 2022, Philippines's main importing competitors in Tapioca were:
United States $62M
Canada $12.4M
South Korea $11.4M

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Trade Value of Tapioca by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $32.8k
TOP IMPORT POTENTIALChina+ $135k

Tapioca’s highest export potential is United States. With an export gap of $32.8k.   Tapioca’s highest import potential is China with an import gap of $135k.

See methodology.

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