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2022
Exports $970kWorld Rnk 106 / 173
Flag Rnk 613 / 1127
2022
Destination $108k Thailand
2021 - 2022
FASTEST GROWING MARKET $108kSingapore
2022
PRODUCT COMPLEXITY IN Other Oily Seeds-2.33Rnk 1015 / 1025
2022
Imports $14.8MWorld Rnk 56 / 217
Flag Rnk 647 / 1201
2022
Origin $1.14M India
2021 - 2022
FASTEST GROWING ORIGIN $1.14MIndia
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $970k in Other Oily Seeds, making it the 106th largest exporter of Other Oily Seeds in the world. At the same year, Other Oily Seeds was the 613th most exported product in Philippines. The main destination of Other Oily Seeds exports from Philippines are: Thailand ($314k), Malaysia ($130k), Singapore ($108k), Canada ($99.4k), and Chinese Taipei ($82.8k).

The fastest growing export markets for Other Oily Seeds of Philippines between 2021 and 2022 were Singapore ($108k), Chinese Taipei ($82.8k), and United States ($57.7k).

Imports In 2022, Philippines imported $14.8M in Other Oily Seeds, becoming the 56th largest importer of Other Oily Seeds in the world. At the same year, Other Oily Seeds was the 647th most imported product in Philippines. Philippines imports Other Oily Seeds primarily from: India ($5.64M), China ($2.83M), Russia ($2.39M), Thailand ($1.49M), and Mozambique ($628k).

The fastest growing import markets in Other Oily Seeds for Philippines between 2021 and 2022 were India ($1.14M), Russia ($1.07M), and China ($936k).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Other Oily Seeds exports accounted up to $76.3k and imports accounted up to $515k, resulting in a negative trade balance of $439k. Between May 2023 and June 2024 the exports of Philippines'   Other Oily Seeds have increased by $70.9k (1.32k%) from $5.39k to $76.3k, while imports decreased by $-355k (-40.8%) from $870k to $515k.

Destinations In June 2024, Other Oily Seeds were exported mostly to India ($76.3k), and were imported mostly from India ($378k), Argentina ($60.3k), Mexico ($57k), Russia ($16.8k), and United States ($2.59k).

Growth In June 2024, the increase in Other Oily Seeds's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the decrease in Other Oily Seeds's year-by-year imports was explained primarily by a decrease in imports from India ($-295k or -46%) and China ($-104k or -44.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - June 2024)$70.9k(1.32k%)
IMPORT GROWTH (June 2023 - June 2024)$-355k(-40.8%)
MAIN DESTINATION (June 2024)India$76.3k

This section shows Other Oily Seeds'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 Other Oily Seeds over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$970k
IMPORTS (2022)$14.8M
NET TRADE (2022)-$13.8M

In 2022, Philippines exported $970k in Other Oily Seeds. The main destinations of Philippines exports on Other Oily Seeds were Thailand ($314k), Malaysia ($130k), Singapore ($108k), Canada ($99.4k), and Chinese Taipei ($82.8k).

In 2022, Philippines imported $14.8M in Other Oily Seeds, mainly from India ($5.64M), China ($2.83M), Russia ($2.39M), Thailand ($1.49M), and Mozambique ($628k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Oily Seeds EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Singapore$108k (5.4M%)
Chinese Taipei$82.8k (1%)
United States$57.7k (448%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Oily Seeds BY Philippines WERE (2021 - 2022):
Thailand-$248k (-44.1%)
Vietnam-$86.7k (-51.2%)
Netherlands-$47k (-94.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Other Oily Seeds were:
Sudan $654M
India $535M
China $378M
In 2022, Philippines's main importing competitors in Other Oily Seeds were:
China $1.48B
United States $418M
Turkey $335M

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Trade Value of Other Oily Seeds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $131k
TOP IMPORT POTENTIALIndia+ $1.44M

Other Oily Seeds’s highest export potential is United States. With an export gap of $131k.   Other Oily Seeds’s highest import potential is India with an import gap of $1.44M.

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