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2022
Exports $10.6MWorld Rnk 65 / 184
Flag Rnk 329 / 1127
2022
Destination $928k United States
2021 - 2022
FASTEST GROWING MARKET $928kUnited States
2022
PRODUCT COMPLEXITY IN Other Processed Vegetables-0.89Rnk 806 / 1025
2022
Imports $84.5MWorld Rnk 31 / 224
Flag Rnk 299 / 1201
2022
Origin $17.3M China
2021 - 2022
FASTEST GROWING ORIGIN $17.3MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $10.6M in Other Processed Vegetables, making it the 65th largest exporter of Other Processed Vegetables in the world. At the same year, Other Processed Vegetables was the 329th most exported product in Philippines. The main destination of Other Processed Vegetables exports from Philippines are: United States ($1.95M), Hong Kong ($1.53M), Canada ($850k), Saudi Arabia ($831k), and United Arab Emirates ($746k).

The fastest growing export markets for Other Processed Vegetables of Philippines between 2021 and 2022 were United States ($928k), United Arab Emirates ($371k), and Saudi Arabia ($269k).

Imports In 2022, Philippines imported $84.5M in Other Processed Vegetables, becoming the 31st largest importer of Other Processed Vegetables in the world. At the same year, Other Processed Vegetables was the 299th most imported product in Philippines. Philippines imports Other Processed Vegetables primarily from: China ($37.2M), Thailand ($20M), United States ($16.8M), Spain ($2.95M), and Singapore ($2.01M).

The fastest growing import markets in Other Processed Vegetables for Philippines between 2021 and 2022 were China ($17.3M), Thailand ($5.09M), and Singapore ($717k).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Other Processed Vegetables exports accounted up to $326k and imports accounted up to $3.28M, resulting in a negative trade balance of $2.96M. Between June 2023 and June 2024 the exports of Philippines'   Other Processed Vegetables have decreased by $-533k (-62.1%) from $859k to $326k, while imports decreased by $-2.92M (-47.1%) from $6.21M to $3.28M.

Destinations In June 2024, Other Processed Vegetables were exported mostly to United States ($90.1k), Chinese Taipei ($45.6k), Thailand ($43.2k), Fiji ($31.3k), and Kuwait ($29.5k), and were imported mostly from Thailand ($1.95M), United States ($687k), Spain ($377k), Italy ($79.5k), and South Korea ($47.1k).

Growth In June 2024, the decrease in Other Processed Vegetables's year-by-year exports was explained primarily by a decrease in exports to United Arab Emirates ($-203k or -95.8%), Canada ($-139k or -88.1%), and United States ($-109k or -92.4%). In June 2024, the decrease in Other Processed Vegetables's year-by-year imports was explained primarily by a decrease in imports from Thailand ($-1.18M or -83.7%), Singapore ($-97k or -92.8%), and Spain ($-76.4k or -27.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-533k(-62.1%)
IMPORT GROWTH (June 2023 - June 2024)$-2.92M(-47.1%)
MAIN DESTINATION (June 2024)United States$90.1k

This section shows Other Processed Vegetables'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 Processed Vegetables over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$10.6M
IMPORTS (2022)$84.5M
NET TRADE (2022)-$73.9M

In 2022, Philippines exported $10.6M in Other Processed Vegetables. The main destinations of Philippines exports on Other Processed Vegetables were United States ($1.95M), Hong Kong ($1.53M), Canada ($850k), Saudi Arabia ($831k), and United Arab Emirates ($746k).

In 2022, Philippines imported $84.5M in Other Processed Vegetables, mainly from China ($37.2M), Thailand ($20M), United States ($16.8M), Spain ($2.95M), and Singapore ($2.01M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Processed Vegetables EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United States$928k (91.2%)
United Arab Emirates$371k (99.2%)
Saudi Arabia$269k (47.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Processed Vegetables BY Philippines WERE (2021 - 2022):
China-$317k (-83.6%)
Macau-$314k (-72.1%)
Japan-$278k (-69.6%)
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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 Processed Vegetables were:
China $2.06B
Spain $1.33B
Netherlands $903M
In 2022, Philippines's main importing competitors in Other Processed Vegetables were:
United States $1.89B
Germany $1.16B
France $850M

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Trade Value of Other Processed Vegetables by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.59M
TOP IMPORT POTENTIALChina+ $5.35M

Other Processed Vegetables’s highest export potential is United States. With an export gap of $1.59M.   Other Processed Vegetables’s highest import potential is China with an import gap of $5.35M.

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