2023
Exports
$638kWorld Rnk 101 / 174
Flag Rnk 628 / 1123
2023
PRODUCT COMPLEXITY IN Wheat Flours
-1.58Rnk 958 / 1025
2023
Imports
$27.8MWorld Rnk 49 / 224
Flag Rnk 452 / 1202
2023
ECONOMIC COMPLEXITY of Philippines
0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $638k in Wheat Flours, making it the 101st largest exporter of Wheat Flours in the world. At the same year, Wheat Flours was the 628th most exported product in Philippines. The main destination of Wheat Flours exports from Philippines are: Thailand ($332k), Vietnam ($109k), Burma ($93k), United Kingdom ($39.5k), and Macau ($33.4k).

The fastest growing export markets for Wheat Flours of Philippines between 2022 and 2023 were United Kingdom ($33k), Vietnam ($15.4k), and New Zealand ($1.87k).

Imports In 2023, Philippines imported $27.8M in Wheat Flours, becoming the 49th largest importer of Wheat Flours in the world. At the same year, Wheat Flours was the 452nd most imported product in Philippines. Philippines imports Wheat Flours primarily from: Vietnam ($22.7M), Indonesia ($987k), Turkey ($896k), Chinese Taipei ($878k), and France ($438k).

The fastest growing import markets in Wheat Flours for Philippines between 2022 and 2023 were Vietnam ($6.37M), Indonesia ($580k), and Mexico ($138k).

Latest Trends

March 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2022 - March 2024)$-136k(-61%)
IMPORT GROWTH (July 2023 - July 2024)$68.3k(3.83%)
MAIN DESTINATION (March 2024)

This section shows Wheat Flours'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 Wheat Flours over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$638k
IMPORTS (2023)$27.8M
NET TRADE (2023)-$27.1M

In 2023, Philippines exported $638k in Wheat Flours. The main destinations of Philippines exports on Wheat Flours were Thailand ($332k), Vietnam ($109k), Burma ($93k), United Kingdom ($39.5k), and Macau ($33.4k).

In 2023, Philippines imported $27.8M in Wheat Flours, mainly from Vietnam ($22.7M), Indonesia ($987k), Turkey ($896k), Chinese Taipei ($878k), and France ($438k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wheat Flours EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
United Kingdom$33k (509%)
Vietnam$15.4k (16.6%)
New Zealand$1.87k (1.62k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat Flours BY Philippines WERE (2022 - 2023):
Hong Kong-$883k (-97.9%)
Burma-$863k (-90.3%)
United States-$335k (-99.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Philippines's main exporting competitors in Wheat Flours were:
In 2023, Philippines's main importing competitors in Wheat Flours were:

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Trade Value of Wheat Flours by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALThailand+ $161k
TOP IMPORT POTENTIALTurkey+ $1.31M

Wheat Flours’s highest export potential is Thailand. With an export gap of $161k.   Wheat Flours’s highest import potential is Turkey with an import gap of $1.31M.

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