Wine in Philippines | The Observatory of Economic Complexity

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Exports In 2022, Philippines exported $487k in Wine, making it the 89th largest exporter of Wine in the world. At the same year, Wine was the 672nd most exported product in Philippines. The main destination of Wine exports from Philippines are: Hong Kong ($342k), United Arab Emirates ($102k), Macau ($28.2k), Singapore ($12.1k), and Netherlands ($2.61k).

The fastest growing export markets for Wine of Philippines between 2021 and 2022 were Hong Kong ($342k), Singapore ($10.8k), and Netherlands ($2.56k).

Imports In 2022, Philippines imported $64.4M in Wine, becoming the 49th largest importer of Wine in the world. At the same year, Wine was the 346th most imported product in Philippines. Philippines imports Wine primarily from: United States ($17.1M), Australia ($11.7M), France ($10.8M), Spain ($6.35M), and Chile ($5.07M).

The fastest growing import markets in Wine for Philippines between 2021 and 2022 were Spain ($2.73M), Australia ($2.38M), and Chile ($2.26M).

Latest Trends

August 2024

About

Overview In August 2024 Philippines' Wine exports accounted up to $31.6k and imports accounted up to $4.56M, resulting in a negative trade balance of $4.53M. Between May 2023 and August 2024 the exports of Philippines' Wine have increased by $25.5k (418%) from $6.1k to $31.6k, while imports decreased by $-605k (-11.7%) from $5.16M to $4.56M.

Destinations In August 2024, Wine were exported mostly to United Arab Emirates ($31.6k), and were imported mostly from United States ($1.63M), Australia ($879k), France ($651k), Spain ($615k), and Chile ($260k).

Growth In August 2024, the increase in Wine's year-by-year exports was explained primarily by an increase in exports to . In August 2024, the decrease in Wine's year-by-year imports was explained primarily by a decrease in imports from United States ($-2.25M or -70.2%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (May 2023 - August 2024)$25.5k(418%)

IMPORT GROWTH (August 2023 - August 2024)$-605k(-11.7%)

MAIN DESTINATION (August 2024)United Arab Emirates$31.6k

This section shows Wine'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 Wine over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$487k

IMPORTS (2022)$64.4M

NET TRADE (2022)-$63.9M

In 2022, Philippines exported $487k in Wine. The main destinations of Philippines exports on Wine were Hong Kong ($342k), United Arab Emirates ($102k), Macau ($28.2k), Singapore ($12.1k), and Netherlands ($2.61k).

In 2022, Philippines imported $64.4M in Wine, mainly from United States ($17.1M), Australia ($11.7M), France ($10.8M), Spain ($6.35M), and Chile ($5.07M).

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