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2022
Exports $21MWorld Rnk 54 / 167
Flag Rnk 250 / 1127
2022
Destination $2.53M United Arab Emirates
2021 - 2022
FASTEST GROWING MARKET $2.53MQatar
2022
PRODUCT COMPLEXITY IN Other Prepared Meat-0.061Rnk 567 / 1025
2022
Imports $156MWorld Rnk 25 / 223
Flag Rnk 188 / 1201
2022
Origin $17.2M United States
2021 - 2022
FASTEST GROWING ORIGIN $17.2MUnited States
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $21M in Other Prepared Meat, making it the 54th largest exporter of Other Prepared Meat in the world. At the same year, Other Prepared Meat was the 250th most exported product in Philippines. The main destination of Other Prepared Meat exports from Philippines are: United Arab Emirates ($6.81M), Qatar ($4.38M), Kuwait ($2.56M), Japan ($1.51M), and Australia ($1.39M).

The fastest growing export markets for Other Prepared Meat of Philippines between 2021 and 2022 were Qatar ($2.53M), Kuwait ($2.1M), and Oman ($280k).

Imports In 2022, Philippines imported $156M in Other Prepared Meat, becoming the 25th largest importer of Other Prepared Meat in the world. At the same year, Other Prepared Meat was the 188th most imported product in Philippines. Philippines imports Other Prepared Meat primarily from: United States ($75.4M), China ($29M), Thailand ($12.6M), South Korea ($10.9M), and Denmark ($10.4M).

The fastest growing import markets in Other Prepared Meat for Philippines between 2021 and 2022 were United States ($17.2M), Thailand ($7.99M), and Brazil ($5.23M).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Other Prepared Meat exports accounted up to $1.22M and imports accounted up to $4.18M, resulting in a negative trade balance of $2.96M. Between June 2023 and June 2024 the exports of Philippines'   Other Prepared Meat have increased by $94.1k (8.4%) from $1.12M to $1.22M, while imports decreased by $-946k (-18.5%) from $5.12M to $4.18M.

Destinations In June 2024, Other Prepared Meat were exported mostly to United Arab Emirates ($311k), Qatar ($263k), South Korea ($106k), Japan ($104k), and Kiribati ($100k), and were imported mostly from Thailand ($2M), Australia ($838k), United States ($525k), New Zealand ($339k), and South Korea ($332k).

Growth In June 2024, the increase in Other Prepared Meat's year-by-year exports was explained primarily by an increase in exports to Hong Kong ($116k or 1.04k%), Qatar ($93.4k or 256%), and New Zealand ($2.62k or 112%). In June 2024, the decrease in Other Prepared Meat's year-by-year imports was explained primarily by a decrease in imports from South Korea ($-34.7k or -60.7%), Japan ($-7.03k or -12.4%), and United Kingdom ($-2.45k or -77%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$94.1k(8.4%)
IMPORT GROWTH (June 2023 - June 2024)$-946k(-18.5%)
MAIN DESTINATION (June 2024)United Arab Emirates$311k

This section shows Other Prepared Meat'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 Prepared Meat over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$21M
IMPORTS (2022)$156M
NET TRADE (2022)-$135M

In 2022, Philippines exported $21M in Other Prepared Meat. The main destinations of Philippines exports on Other Prepared Meat were United Arab Emirates ($6.81M), Qatar ($4.38M), Kuwait ($2.56M), Japan ($1.51M), and Australia ($1.39M).

In 2022, Philippines imported $156M in Other Prepared Meat, mainly from United States ($75.4M), China ($29M), Thailand ($12.6M), South Korea ($10.9M), and Denmark ($10.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Prepared Meat EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Qatar$2.53M (136%)
Kuwait$2.1M (458%)
Oman$280k (408%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Prepared Meat BY Philippines WERE (2021 - 2022):
Japan-$1.93M (-56.1%)
Kiribati-$236k (-52.1%)
Chinese Taipei-$189k (-24.2%)
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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 Prepared Meat were:
Thailand $3.12B
Germany $1.88B
China $1.78B
In 2022, Philippines's main importing competitors in Other Prepared Meat were:
Japan $3.02B
United Kingdom $2.87B
United States $1.4B

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Trade Value of Other Prepared Meat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $1.6M
TOP IMPORT POTENTIALChina+ $9.49M

Other Prepared Meat’s highest export potential is Japan. With an export gap of $1.6M.   Other Prepared Meat’s highest import potential is China with an import gap of $9.49M.

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