Sign In
Pricing

2022
Exports $1.17BWorld Rnk 33 / 221
Flag Rnk 13 / 21
2022
Destination $24.5M Japan
2021 - 2022
FASTEST GROWING MARKET $24.5MUnited States
2022
PRODUCT COMPLEXITY IN Wood Products0.3Rnk 451 / 1025
2022
Imports $1.41BWorld Rnk 27 / 226
Flag Rnk 17 / 21
2022
Origin $86M China
2021 - 2022
FASTEST GROWING ORIGIN $86MCanada
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $1.17B in Wood Products, making it the 33rd largest exporter of Wood Products in the world. At the same year, Wood Products was the 13th most exported product in Philippines. The main destination of Wood Products exports from Philippines are: Japan ($927M), United States ($116M), China ($94.2M), South Korea ($5.51M), and Vietnam ($3.08M).

The fastest growing export markets for Wood Products of Philippines between 2021 and 2022 were United States ($24.5M), China ($5.1M), and Netherlands ($1.56M).

Imports In 2022, Philippines imported $1.41B in Wood Products, becoming the 27th largest importer of Wood Products in the world. At the same year, Wood Products was the 17th most imported product in Philippines. Philippines imports Wood Products primarily from: China ($549M), Canada ($249M), Japan ($115M), Malaysia ($70M), and Indonesia ($57.3M).

The fastest growing import markets in Wood Products for Philippines between 2021 and 2022 were Canada ($86M), Finland ($26.4M), and Indonesia ($18.3M).

COMPANIES In 2023, leading companies such as Euromarket Designs (45), At Home Procurement (30), and Jo-Ann Stores (5) were at the forefront of shipping Wood Products from Philippines to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Philippines' Wood Products exports accounted up to $33.6M and imports accounted up to $56.5M, resulting in a negative trade balance of $22.9M. Between August 2023 and August 2024 the exports of Philippines'   Wood Products have decreased by $-3.17M (-8.63%) from $36.8M to $33.6M, while imports increased by $5.43M (10.6%) from $51.1M to $56.5M.

Destinations In August 2024, Wood Products were exported mostly to Japan ($19.5M), China ($9.42M), United States ($3.34M), Canada ($253k), and South Korea ($221k), and were imported mostly from China ($19.1M), Canada ($8.98M), Japan ($6.02M), Germany ($3.63M), and Malaysia ($2.9M).

Growth In August 2024, the decrease in Wood Products's year-by-year exports was explained primarily by a decrease in exports to Japan ($-15.2M or -33%), United States ($-3.64M or -49%), and China ($-1.1M or -17.1%). In August 2024, the increase in Wood Products's year-by-year imports was explained primarily by an increase in imports from Japan ($2.45M or 26.7%), China ($1.65M or 9.41%), and Solomon Islands ($869k or 5.49k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-3.17M(-8.63%)
IMPORT GROWTH (August 2023 - August 2024)$5.43M(10.6%)
MAIN DESTINATION (August 2024)Japan$19.5M

This section shows Wood Products'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 Wood Products over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$1.17B
IMPORTS (2022)$1.41B
NET TRADE (2022)-$241M

In 2022, Philippines exported $1.17B in Wood Products. The main destinations of Philippines exports on Wood Products were Japan ($927M), United States ($116M), China ($94.2M), South Korea ($5.51M), and Vietnam ($3.08M).

In 2022, Philippines imported $1.41B in Wood Products, mainly from China ($549M), Canada ($249M), Japan ($115M), Malaysia ($70M), and Indonesia ($57.3M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Products EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United States$24.5M (26.8%)
China$5.1M (5.73%)
Netherlands$1.56M (180%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Products BY Philippines WERE (2021 - 2022):
Japan-$53.2M (-5.43%)
Sri Lanka-$2.49M (-100%)
South Korea-$1.64M (-23%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Wood Products were:
China $20.4B
Canada $20.1B
Germany $13B
In 2022, Philippines's main importing competitors in Wood Products were:
United States $35.3B
China $18.1B
Germany $11.9B

Explore Visualizations

Trade Value of Wood Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $26.8M
TOP IMPORT POTENTIALIndonesia+ $22.8M

Wood Products’s highest export potential is United States. With an export gap of $26.8M.   Wood Products’s highest import potential is Indonesia with an import gap of $22.8M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms