Raw Tobacco in Philippines | The Observatory of Economic Complexity

About

Exports In 2022, Philippines exported $219M in Raw Tobacco, making it the 16th largest exporter of Raw Tobacco in the world. At the same year, Raw Tobacco was the 57th most exported product in Philippines. The main destination of Raw Tobacco exports from Philippines are: Dominican Republic ($58.1M), Burma ($40.4M), Indonesia ($25.4M), United States ($15.7M), and Spain ($15M).

The fastest growing export markets for Raw Tobacco of Philippines between 2021 and 2022 were Dominican Republic ($37M), Burma ($12.9M), and United States ($8.65M).

Imports In 2022, Philippines imported $227M in Raw Tobacco, becoming the 12th largest importer of Raw Tobacco in the world. At the same year, Raw Tobacco was the 149th most imported product in Philippines. Philippines imports Raw Tobacco primarily from: India ($50.7M), China ($23.8M), Brazil ($21M), Germany ($20.2M), and Belgium ($18.5M).

The fastest growing import markets in Raw Tobacco for Philippines between 2021 and 2022 were India ($22.2M), Germany ($11.9M), and China ($11.3M).

Latest Trends

August 2021

About

Overview In August 2021 Philippines' Raw Tobacco exports accounted up to $13.1M and imports accounted up to $20.1M, resulting in a negative trade balance of $7.03M. Between August 2020 and August 2021 the exports of Philippines' Raw Tobacco have increased by $3.02M (30%) from $10M to $13.1M, while imports decreased by $-2.51M (-11.1%) from $22.6M to $20.1M.

Destinations In August 2021, Raw Tobacco were exported mostly to Russia ($5.08M), Burma ($2.15M), Indonesia ($1.65M), United States ($1M), and Dominican Republic ($940k), and were imported mostly from Switzerland ($3.38M), Bangladesh ($3.29M), Thailand ($3.21M), Belgium ($2.75M), and India ($2.58M).

Growth In August 2021, the increase in Raw Tobacco's year-by-year exports was explained primarily by an increase in exports to South Korea ($1.35M or 69.7%), United States ($1.18M or 753%), and Indonesia ($590k or 116%). In August 2021, the decrease in Raw Tobacco's year-by-year imports was explained primarily by a decrease in imports from India ($-3.8M or -94.8%), Thailand ($-1.12M or -82.8%), and China ($-523k or -25%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2020 - August 2021)$3.02M(30%)

IMPORT GROWTH (August 2020 - August 2021)$-2.51M(-11.1%)

MAIN DESTINATION (August 2021)Russia$5.08M

This section shows Raw Tobacco'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 Raw Tobacco over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$219M

IMPORTS (2022)$227M

NET TRADE (2022)-$7.19M

In 2022, Philippines exported $219M in Raw Tobacco. The main destinations of Philippines exports on Raw Tobacco were Dominican Republic ($58.1M), Burma ($40.4M), Indonesia ($25.4M), United States ($15.7M), and Spain ($15M).

In 2022, Philippines imported $227M in Raw Tobacco, mainly from India ($50.7M), China ($23.8M), Brazil ($21M), Germany ($20.2M), and Belgium ($18.5M).

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