2022
Exports
$1.14MWorld Rnk 71 / 149
Flag Rnk 592 / 1127
2022
PRODUCT COMPLEXITY IN Fuel Wood
-0.33Rnk 658 / 1025
2022
Imports
$2.68MWorld Rnk 60 / 197
Flag Rnk 911 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $1.14M in Fuel Wood, making it the 71st largest exporter of Fuel Wood in the world. At the same year, Fuel Wood was the 592nd most exported product in Philippines. The main destination of Fuel Wood exports from Philippines are: Japan ($762k), Thailand ($151k), South Korea ($81.9k), Chinese Taipei ($74k), and United States ($31.9k).

The fastest growing export markets for Fuel Wood of Philippines between 2021 and 2022 were Thailand ($129k), South Korea ($59.1k), and China ($22.4k).

Imports In 2022, Philippines imported $2.68M in Fuel Wood, becoming the 60th largest importer of Fuel Wood in the world. At the same year, Fuel Wood was the 911th most imported product in Philippines. Philippines imports Fuel Wood primarily from: Germany ($1.16M), Singapore ($954k), China ($227k), Vietnam ($92k), and Indonesia ($45.6k).

The fastest growing import markets in Fuel Wood for Philippines between 2021 and 2022 were Singapore ($952k), Germany ($205k), and China ($60.2k).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-41k(-78.9%)
IMPORT GROWTH (June 2023 - June 2024)$-104k(-79.2%)
MAIN DESTINATION (June 2024)Japan$11k

This section shows Fuel Wood'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 Fuel Wood over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.14M
IMPORTS (2022)$2.68M
NET TRADE (2022)-$1.53M

In 2022, Philippines exported $1.14M in Fuel Wood. The main destinations of Philippines exports on Fuel Wood were Japan ($762k), Thailand ($151k), South Korea ($81.9k), Chinese Taipei ($74k), and United States ($31.9k).

In 2022, Philippines imported $2.68M in Fuel Wood, mainly from Germany ($1.16M), Singapore ($954k), China ($227k), Vietnam ($92k), and Indonesia ($45.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fuel Wood EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Thailand$129k (616%)
South Korea$59.1k (260%)
China$22.4k (43.1k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fuel Wood BY Philippines WERE (2021 - 2022):
United States-$304k (-90.5%)
Japan-$116k (-13.2%)
Chinese Taipei-$26.3k (-26.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Fuel Wood were:
In 2022, Philippines's main importing competitors in Fuel Wood were:

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Trade Value of Fuel Wood by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $470k
TOP IMPORT POTENTIALVietnam+ $307k

Fuel Wood’s highest export potential is Japan. With an export gap of $470k.   Fuel Wood’s highest import potential is Vietnam with an import gap of $307k.

See methodology.

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