2022
Exports
$2.51kWorld Rnk 64 / 74
Flag Rnk 1045 / 1127
2022
Imports
$90.1kWorld Rnk 87 / 156
Flag Rnk 1146 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $2.51k in Wool Grease, making it the 64th largest exporter of Wool Grease in the world. At the same year, Wool Grease was the 1045th most exported product in Philippines. The main destination of Wool Grease exports from Philippines are: Australia ($2.51k).

The fastest growing export markets for Wool Grease of Philippines between N/A and 2022 were Australia ($2.51k).

Imports In 2022, Philippines imported $90.1k in Wool Grease, becoming the 87th largest importer of Wool Grease in the world. At the same year, Wool Grease was the 1146th most imported product in Philippines. Philippines imports Wool Grease primarily from: Singapore ($26.8k), Japan ($20.7k), India ($18.9k), United States ($5.78k), and United Kingdom ($5.44k).

The fastest growing import markets in Wool Grease for Philippines between 2021 and 2022 were Singapore ($25.7k), Japan ($14k), and Italy ($3.52k).

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 Wool Grease. 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)$2.51k
IMPORTS (2022)$90.1k
NET TRADE (2022)-$87.6k

In 2022, Philippines exported $2.51k in Wool Grease. The main destinations of Philippines exports on Wool Grease were Australia ($2.51k).

In 2022, Philippines imported $90.1k in Wool Grease, mainly from Singapore ($26.8k), Japan ($20.7k), India ($18.9k), United States ($5.78k), and United Kingdom ($5.44k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wool Grease EXPORT MARKETS FOR Philippines WERE (N/A - 2022):Australia$2.51k (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Wool Grease by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALAustralia+ $650
TOP IMPORT POTENTIALIndia+ $13.5k

Wool Grease’s highest export potential is Australia. With an export gap of $650.   Wool Grease’s highest import potential is India with an import gap of $13.5k.

See methodology.

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