2021
Exports
$41kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Peat
-0.028Rnk 554 / 1025
2021
Imports
$557kWorld Rnk 94 / 195
Flag Rnk 1054 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Imports In 2022, Philippines imported $557k in Peat, becoming the 94th largest importer of Peat in the world. At the same year, Peat was the 1054th most imported product in Philippines. Philippines imports Peat primarily from: Netherlands ($181k), Germany ($149k), Latvia ($77.8k), Lithuania ($65.6k), and Denmark ($48.7k).

The fastest growing import markets in Peat for Philippines between 2021 and 2022 were Germany ($131k), Netherlands ($60.7k), and Burma ($1.5k).

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 Peat. 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 (2021)$41k
IMPORTS (2022)$557k
NET TRADE (2022)-$557k

In 2022, Philippines imported $557k in Peat, mainly from Netherlands ($181k), Germany ($149k), Latvia ($77.8k), Lithuania ($65.6k), and Denmark ($48.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Peat BY Philippines WERE (N/A - 2021):
Malaysia-$41k (-100%)
Papua New Guinea-$10 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Peat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $480
TOP IMPORT POTENTIALLatvia+ $43.3k

Peat’s highest export potential is United States. With an export gap of $480.   Peat’s highest import potential is Latvia with an import gap of $43.3k.

See methodology.

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