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2022
Exports $670MWorld Rnk 21 / 184
Flag Rnk 20 / 96
2022
Destination $45.5M Thailand
2021 - 2022
FASTEST GROWING MARKET $45.5MThailand
2022
PRODUCT COMPLEXITY IN Tobacco & substitutes-0.8Rnk 780 / 1025
2022
Imports $587MWorld Rnk 19 / 223
Flag Rnk 50 / 96
2022
Origin $45.4M Indonesia
2021 - 2022
FASTEST GROWING ORIGIN $45.4MIndonesia
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $670M in Tobacco & substitutes, making it the 21st largest exporter of Tobacco & substitutes in the world. At the same year, Tobacco & substitutes was the 20th most exported product in Philippines. The main destination of Tobacco & substitutes exports from Philippines are: Thailand ($158M), South Korea ($98.5M), Dominican Republic ($58.1M), Burma ($54.6M), and Singapore ($50.3M).

The fastest growing export markets for Tobacco & substitutes of Philippines between 2021 and 2022 were Thailand ($45.5M), Dominican Republic ($37M), and Maldives ($14.4M).

Imports In 2022, Philippines imported $587M in Tobacco & substitutes, becoming the 19th largest importer of Tobacco & substitutes in the world. At the same year, Tobacco & substitutes was the 50th most imported product in Philippines. Philippines imports Tobacco & substitutes primarily from: Indonesia ($171M), India ($50.9M), Japan ($42.2M), Vietnam ($38.3M), and Chinese Taipei ($34.3M).

The fastest growing import markets in Tobacco & substitutes for Philippines between 2021 and 2022 were Indonesia ($45.4M), Japan ($33.1M), and India ($22.2M).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Tobacco & substitutes exports accounted up to $27.7M and imports accounted up to $19.5M, resulting in a positive trade balance of $8.25M. Between June 2023 and June 2024 the exports of Philippines'   Tobacco & substitutes have decreased by $-17.4M (-38.6%) from $45.2M to $27.7M, while imports decreased by $-12.7M (-39.4%) from $32.2M to $19.5M.

Destinations In June 2024, Tobacco & substitutes were exported mostly to South Korea ($8M), Thailand ($4.41M), India ($2.47M), Indonesia ($2.34M), and Singapore ($2.16M), and were imported mostly from Brazil ($8.35M), India ($2.05M), United States ($1.77M), Malawi ($1.39M), and Japan ($1.26M).

Growth In June 2024, the decrease in Tobacco & substitutes's year-by-year exports was explained primarily by a decrease in exports to Thailand ($-3.31M or -28.6%), Dominican Republic ($-2.35M or -81.2%), and Belgium ($-1.73M or -52.7%). In June 2024, the decrease in Tobacco & substitutes's year-by-year imports was explained primarily by a decrease in imports from Russia ($-1.56M or -48.4%), Zimbabwe ($-840k or -92.2%), and Bangladesh ($-730k or -76.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-17.4M(-38.6%)
IMPORT GROWTH (June 2023 - June 2024)$-12.7M(-39.4%)
MAIN DESTINATION (June 2024)South Korea$8M

This section shows Tobacco & substitutes'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 Tobacco & substitutes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$670M
IMPORTS (2022)$587M
NET TRADE (2022)$83.9M

In 2022, Philippines exported $670M in Tobacco & substitutes. The main destinations of Philippines exports on Tobacco & substitutes were Thailand ($158M), South Korea ($98.5M), Dominican Republic ($58.1M), Burma ($54.6M), and Singapore ($50.3M).

In 2022, Philippines imported $587M in Tobacco & substitutes, mainly from Indonesia ($171M), India ($50.9M), Japan ($42.2M), Vietnam ($38.3M), and Chinese Taipei ($34.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tobacco & substitutes EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Thailand$45.5M (40.5%)
Dominican Republic$37M (175%)
Maldives$14.4M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tobacco & substitutes BY Philippines WERE (2021 - 2022):
Singapore-$14M (-21.8%)
Russia-$12.2M (-99.3%)
South Korea-$3.53M (-3.46%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Tobacco & substitutes were:
United Arab Emirates $5.1B
Poland $4.62B
Germany $2.92B
In 2022, Philippines's main importing competitors in Tobacco & substitutes were:
Germany $2.74B
Japan $2.41B
United States $2.38B

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Trade Value of Tobacco & substitutes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $5.82M
TOP IMPORT POTENTIALChina+ $8.85M

Tobacco & substitutes’s highest export potential is Japan. With an export gap of $5.82M.   Tobacco & substitutes’s highest import potential is China with an import gap of $8.85M.

See methodology.

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