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Exports In 2022, Philippines exported $386 in Turpentine, making it the 86th largest exporter of Turpentine in the world. At the same year, Turpentine was the 1095th most exported product in Philippines. The main destination of Turpentine exports from Philippines are: Brunei ($315) and Netherlands ($71).

The fastest growing export markets for Turpentine of Philippines between 2021 and 2022 were Brunei ($315) and Netherlands ($71).

Imports In 2022, Philippines imported $928k in Turpentine, becoming the 37th largest importer of Turpentine in the world. At the same year, Turpentine was the 1004th most imported product in Philippines. Philippines imports Turpentine primarily from: United States ($456k), China ($375k), Singapore ($61.5k), Indonesia ($31.6k), and Thailand ($2.73k).

The fastest growing import markets in Turpentine for Philippines between 2021 and 2022 were United States ($96.3k), China ($83.5k), and Indonesia ($31.6k).

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Turpentine. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$386
IMPORTS (2022)$928k
NET TRADE (2022)-$928k

In 2022, Philippines exported $386 in Turpentine. The main destinations of Philippines exports on Turpentine were Brunei ($315) and Netherlands ($71).

In 2022, Philippines imported $928k in Turpentine, mainly from United States ($456k), China ($375k), Singapore ($61.5k), Indonesia ($31.6k), and Thailand ($2.73k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Turpentine EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Brunei$315 (1%)
Netherlands$71 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Turpentine BY Philippines WERE (2021 - 2022):
Bolivia-$75 (-100%)
Singapore-$7 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Turpentine were:
In 2022, Philippines's main importing competitors in Turpentine were:

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Trade Value of Turpentine by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $526
TOP IMPORT POTENTIALIndonesia+ $57.5k

Turpentine’s highest export potential is India. With an export gap of $526.   Turpentine’s highest import potential is Indonesia with an import gap of $57.5k.

See methodology.

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