Veneer Sheets in Philippines | The Observatory of Economic Complexity

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Exports In 2022, Philippines exported $2.73M in Veneer Sheets, making it the 61st largest exporter of Veneer Sheets in the world. At the same year, Veneer Sheets was the 478th most exported product in Philippines. The main destination of Veneer Sheets exports from Philippines are: Japan ($2.55M), China ($81.8k), Cambodia ($46.9k), Chinese Taipei ($43.7k), and United States ($2.15k).

The fastest growing export markets for Veneer Sheets of Philippines between 2021 and 2022 were Chinese Taipei ($43.7k), Japan ($40.1k), and Hong Kong ($50).

Imports In 2022, Philippines imported $51.8M in Veneer Sheets, becoming the 24th largest importer of Veneer Sheets in the world. At the same year, Veneer Sheets was the 378th most imported product in Philippines. Philippines imports Veneer Sheets primarily from: China ($21.5M), New Zealand ($15.3M), Equatorial Guinea ($3.58M), Chinese Taipei ($2.01M), and United States ($1.88M).

The fastest growing import markets in Veneer Sheets for Philippines between 2021 and 2022 were China ($5.47M), Equatorial Guinea ($1.7M), and Brazil ($1.45M).

Latest Trends

July 2021

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Overview In July 2021 Philippines' Veneer Sheets exports accounted up to $1.09k and imports accounted up to $2.18M, resulting in a negative trade balance of $2.18M. Between August 2019 and July 2021 the exports of Philippines' Veneer Sheets have decreased by $-2.11M (-99.9%) from $2.11M to $1.09k, while imports increased by $641k (41.7%) from $1.54M to $2.18M.

Destinations In July 2021, Veneer Sheets were exported mostly to , and were imported mostly from China ($887k), Equatorial Guinea ($319k), New Zealand ($296k), Gabon ($254k), and Malaysia ($97.1k).

Growth In July 2021, the decrease in Veneer Sheets's year-by-year exports was explained primarily by a decrease in exports to . In August 2021, the increase in Veneer Sheets's year-by-year imports was explained primarily by an increase in imports from New Zealand ($385k or 350%), Chinese Taipei ($51k or 654%), and Germany ($414 or 146%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2019 - July 2021)$-2.11M(-99.9%)

IMPORT GROWTH (August 2020 - August 2021)$641k(41.7%)

MAIN DESTINATION (July 2021)

This section shows Veneer Sheets'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 Veneer Sheets over time.

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