2022
Exports
$28.4kWorld Rnk 106 / 145
Flag Rnk 934 / 1127
2022
PRODUCT COMPLEXITY IN Buckwheat
-1.6Rnk 959 / 1025
2022
Imports
$8.48MWorld Rnk 32 / 210
Flag Rnk 751 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $28.4k in Buckwheat, making it the 106th largest exporter of Buckwheat in the world. At the same year, Buckwheat was the 934th most exported product in Philippines. The main destination of Buckwheat exports from Philippines are: United States ($12.6k), Maldives ($11.4k), Canada ($3.58k), Australia ($768), and United Arab Emirates ($106).

The fastest growing export markets for Buckwheat of Philippines between 2021 and 2022 were United States ($12.6k), Maldives ($11.3k), and Canada ($3.53k).

Imports In 2022, Philippines imported $8.48M in Buckwheat, becoming the 32nd largest importer of Buckwheat in the world. At the same year, Buckwheat was the 751st most imported product in Philippines. Philippines imports Buckwheat primarily from: United States ($3.63M), Canada ($2.22M), China ($798k), Russia ($640k), and Ukraine ($509k).

The fastest growing import markets in Buckwheat for Philippines between 2021 and 2022 were United States ($2.56M), Canada ($1M), and China ($700k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Buckwheat. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$28.4k
IMPORTS (2022)$8.48M
NET TRADE (2022)-$8.45M

In 2022, Philippines exported $28.4k in Buckwheat. The main destinations of Philippines exports on Buckwheat were United States ($12.6k), Maldives ($11.4k), Canada ($3.58k), Australia ($768), and United Arab Emirates ($106).

In 2022, Philippines imported $8.48M in Buckwheat, mainly from United States ($3.63M), Canada ($2.22M), China ($798k), Russia ($640k), and Ukraine ($509k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Buckwheat EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United States$12.6k (1%)
Maldives$11.3k (40.5k%)
Canada$3.53k (6.41k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buckwheat BY Philippines WERE (2021 - 2022):
Japan-$10.5k (-100%)
Denmark-$1.79k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Buckwheat were:
In 2022, Philippines's main importing competitors in Buckwheat were:

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Trade Value of Buckwheat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $2.27k
TOP IMPORT POTENTIALChina+ $233k

Buckwheat’s highest export potential is Canada. With an export gap of $2.27k.   Buckwheat’s highest import potential is China with an import gap of $233k.

See methodology.

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