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2022
Exports $1.43MWorld Rnk 109 / 151
Flag Rnk 570 / 1127
2022
Destination $986k Indonesia
2021 - 2022
FASTEST GROWING MARKET $986kIndonesia
2022
PRODUCT COMPLEXITY IN Nitrogenous Fertilizers-1.29Rnk 905 / 1025
2022
Imports $600MWorld Rnk 23 / 211
Flag Rnk 59 / 1201
2022
Origin $77.8M China
2021 - 2022
FASTEST GROWING ORIGIN $77.8MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $1.43M in Nitrogenous Fertilizers, making it the 109th largest exporter of Nitrogenous Fertilizers in the world. At the same year, Nitrogenous Fertilizers was the 570th most exported product in Philippines. The main destination of Nitrogenous Fertilizers exports from Philippines are: Indonesia ($986k), Hong Kong ($370k), South Korea ($70.5k), and Switzerland ($10).

The fastest growing export markets for Nitrogenous Fertilizers of Philippines between 2021 and 2022 were Indonesia ($986k) and Switzerland ($10).

Imports In 2022, Philippines imported $600M in Nitrogenous Fertilizers, becoming the 23rd largest importer of Nitrogenous Fertilizers in the world. At the same year, Nitrogenous Fertilizers was the 59th most imported product in Philippines. Philippines imports Nitrogenous Fertilizers primarily from: China ($184M), Indonesia ($128M), Malaysia ($119M), Qatar ($82.8M), and Japan ($30.2M).

The fastest growing import markets in Nitrogenous Fertilizers for Philippines between 2021 and 2022 were China ($77.8M), Qatar ($43M), and Indonesia ($15.3M).

Latest Trends

August 2024

About

Overview In August 2024 Philippines' Nitrogenous Fertilizers exports accounted up to $1.98k and imports accounted up to $49.2M, resulting in a negative trade balance of $49.2M. Between September 2021 and August 2024 the exports of Philippines'   Nitrogenous Fertilizers have decreased by $-122k (-98.4%) from $124k to $1.98k, while imports increased by $10.5M (27%) from $38.7M to $49.2M.

Destinations In August 2024, Nitrogenous Fertilizers were exported mostly to Japan ($1.98k), and were imported mostly from Indonesia ($17.9M), Malaysia ($11.8M), Qatar ($8.93M), China ($6.2M), and Brunei ($2.32M).

Growth In August 2024, the decrease in Nitrogenous Fertilizers's year-by-year exports was explained primarily by a decrease in exports to . In August 2024, the increase in Nitrogenous Fertilizers's year-by-year imports was explained primarily by an increase in imports from Malaysia ($10.6M or 98.6%), South Korea ($5.07M or 3.59k%), and Indonesia ($4.7M or 9.62k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2021 - August 2024)$-122k(-98.4%)
IMPORT GROWTH (August 2023 - August 2024)$10.5M(27%)
MAIN DESTINATION (August 2024)Japan$1.98k

This section shows Nitrogenous Fertilizers'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 Nitrogenous Fertilizers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.43M
IMPORTS (2022)$600M
NET TRADE (2022)-$598M

In 2022, Philippines exported $1.43M in Nitrogenous Fertilizers. The main destinations of Philippines exports on Nitrogenous Fertilizers were Indonesia ($986k), Hong Kong ($370k), South Korea ($70.5k), and Switzerland ($10).

In 2022, Philippines imported $600M in Nitrogenous Fertilizers, mainly from China ($184M), Indonesia ($128M), Malaysia ($119M), Qatar ($82.8M), and Japan ($30.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitrogenous Fertilizers EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Indonesia$986k (1%)
Switzerland$10 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrogenous Fertilizers BY Philippines WERE (2021 - 2022):
Hong Kong-$552k (-59.9%)
Papua New Guinea-$394k (-100%)
South Korea-$386k (-84.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Nitrogenous Fertilizers were:
Russia $6.27B
China $5.59B
Oman $4.14B
In 2022, Philippines's main importing competitors in Nitrogenous Fertilizers were:
India $7.37B
Brazil $6.03B
United States $4.79B

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Trade Value of Nitrogenous Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $357k
TOP IMPORT POTENTIALChina+ $17.3M

Nitrogenous Fertilizers’s highest export potential is Indonesia. With an export gap of $357k.   Nitrogenous Fertilizers’s highest import potential is China with an import gap of $17.3M.

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