Saturated Acyclic Monocarboxylic Acids in Philippines | The Observatory of Economic Complexity

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Exports In 2022, Philippines exported $10.6M in Saturated Acyclic Monocarboxylic Acids, making it the 41st largest exporter of Saturated Acyclic Monocarboxylic Acids in the world. At the same year, Saturated Acyclic Monocarboxylic Acids was the 327th most exported product in Philippines. The main destination of Saturated Acyclic Monocarboxylic Acids exports from Philippines are: China ($5.93M), Sri Lanka ($2.48M), United States ($773k), Brazil ($365k), and India ($234k).

The fastest growing export markets for Saturated Acyclic Monocarboxylic Acids of Philippines between 2021 and 2022 were China ($4.09M), Sri Lanka ($2.48M), and United States ($592k).

Imports In 2022, Philippines imported $132M in Saturated Acyclic Monocarboxylic Acids, becoming the 31st largest importer of Saturated Acyclic Monocarboxylic Acids in the world. At the same year, Saturated Acyclic Monocarboxylic Acids was the 213th most imported product in Philippines. Philippines imports Saturated Acyclic Monocarboxylic Acids primarily from: Indonesia ($46M), China ($38M), Singapore ($14.4M), Malaysia ($7.09M), and South Korea ($6.01M).

The fastest growing import markets in Saturated Acyclic Monocarboxylic Acids for Philippines between 2021 and 2022 were United States ($3.76M), Sweden ($1.11M), and Malaysia ($581k).

Latest Trends

June 2024

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Overview In June 2024 Philippines' Saturated Acyclic Monocarboxylic Acids exports accounted up to $492k and imports accounted up to $1.89M, resulting in a negative trade balance of $1.39M. Between June 2023 and June 2024 the exports of Philippines' Saturated Acyclic Monocarboxylic Acids have increased by $129k (35.4%) from $363k to $492k, while imports decreased by $-1.95M (-50.8%) from $3.83M to $1.89M.

Destinations In June 2024, Saturated Acyclic Monocarboxylic Acids were exported mostly to Indonesia ($233k), China ($161k), Spain ($60.8k), South Korea ($31.7k), and United States ($5.34k), and were imported mostly from Singapore ($503k), South Korea ($386k), United States ($205k), Norway ($129k), and Chinese Taipei ($120k).

Growth In June 2024, the increase in Saturated Acyclic Monocarboxylic Acids's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the decrease in Saturated Acyclic Monocarboxylic Acids's year-by-year imports was explained primarily by a decrease in imports from Indonesia ($-14.5M or -99.9%), Singapore ($-1.59M or -94%), and South Korea ($-340k or -31.8%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)$129k(35.4%)

IMPORT GROWTH (June 2023 - June 2024)$-1.95M(-50.8%)

MAIN DESTINATION (June 2024)Indonesia$233k

This section shows Saturated Acyclic Monocarboxylic Acids'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 Saturated Acyclic Monocarboxylic Acids over time.

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