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2022
Exports $520kWorld Rnk 57 / 140
Flag Rnk 662 / 1127
falsefalse United States
2022
PRODUCT COMPLEXITY IN Vegetable or Animal Dyes0.45Rnk 382 / 1025
2022
Imports $4.01MWorld Rnk 50 / 201
Flag Rnk 851 / 1201
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $520k in Vegetable or Animal Dyes, making it the 57th largest exporter of Vegetable or Animal Dyes in the world. At the same year, Vegetable or Animal Dyes was the 662nd most exported product in Philippines. The main destination of Vegetable or Animal Dyes exports from Philippines are: United States ($150k), Canada ($131k), Malaysia ($105k), Netherlands ($30.7k), and Australia ($29.2k).

Imports In 2022, Philippines imported $4.01M in Vegetable or Animal Dyes, becoming the 50th largest importer of Vegetable or Animal Dyes in the world. At the same year, Vegetable or Animal Dyes was the 851st most imported product in Philippines. Philippines imports Vegetable or Animal Dyes primarily from: United States ($1.29M), Denmark ($818k), Spain ($471k), Japan ($450k), and India ($216k).

The fastest growing import markets in Vegetable or Animal Dyes for Philippines between 2021 and 2022 were United States ($621k), Japan ($253k), and Denmark ($83.5k).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Vegetable or Animal Dyes exports accounted up to $42.6k and imports accounted up to $187k, resulting in a negative trade balance of $144k. Between June 2023 and June 2024 the exports of Philippines'   Vegetable or Animal Dyes have increased by $39.6k (1.32k%) from $3.01k to $42.6k, while imports decreased by $-136k (-42.1%) from $323k to $187k.

Destinations In June 2024, Vegetable or Animal Dyes were exported mostly to Australia ($36.8k), Japan ($4.85k), and Canada ($922), and were imported mostly from India ($45.2k), Israel ($33.2k), United States ($32.8k), France ($25.7k), and United Kingdom ($14.6k).

Growth In June 2024, the increase in Vegetable or Animal Dyes's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the decrease in Vegetable or Animal Dyes's year-by-year imports was explained primarily by a decrease in imports from Denmark ($-45.5k or -80.7%), United States ($-31k or -41.6%), and Chinese Taipei ($-1.76k or -36.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$39.6k(1.32k%)
IMPORT GROWTH (June 2023 - June 2024)$-136k(-42.1%)
MAIN DESTINATION (June 2024)Australia$36.8k

This section shows Vegetable or Animal Dyes'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 Vegetable or Animal Dyes over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$520k
IMPORTS (2022)$4.01M
NET TRADE (2022)-$3.49M

In 2022, Philippines exported $520k in Vegetable or Animal Dyes. The main destinations of Philippines exports on Vegetable or Animal Dyes were United States ($150k), Canada ($131k), Malaysia ($105k), Netherlands ($30.7k), and Australia ($29.2k).

In 2022, Philippines imported $4.01M in Vegetable or Animal Dyes, mainly from United States ($1.29M), Denmark ($818k), Spain ($471k), Japan ($450k), and India ($216k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Vegetable or Animal Dyes were:
China $251M
Netherlands $193M
United States $177M
In 2022, Philippines's main importing competitors in Vegetable or Animal Dyes were:
United States $218M
Germany $123M
Spain $97.7M

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Trade Value of Vegetable or Animal Dyes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $126k
TOP IMPORT POTENTIALChina+ $211k

Vegetable or Animal Dyes’s highest export potential is United States. With an export gap of $126k.   Vegetable or Animal Dyes’s highest import potential is China with an import gap of $211k.

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