Special Pharmaceuticals in Philippines | The Observatory of Economic Complexity

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Exports In 2022, Philippines exported $659k in Special Pharmaceuticals, making it the 86th largest exporter of Special Pharmaceuticals in the world. At the same year, Special Pharmaceuticals was the 640th most exported product in Philippines. The main destination of Special Pharmaceuticals exports from Philippines are: Singapore ($124k), United Kingdom ($86.5k), Ireland ($50.6k), Netherlands ($45.8k), and Italy ($43.2k).

The fastest growing export markets for Special Pharmaceuticals of Philippines between 2021 and 2022 were United Kingdom ($85.6k), Ireland ($40k), and Australia ($24.4k).

Imports In 2022, Philippines imported $37.7M in Special Pharmaceuticals, becoming the 54th largest importer of Special Pharmaceuticals in the world. At the same year, Special Pharmaceuticals was the 444th most imported product in Philippines. Philippines imports Special Pharmaceuticals primarily from: Thailand ($11.2M), Germany ($4.77M), Netherlands ($3.81M), Spain ($2.96M), and Singapore ($2.11M).

The fastest growing import markets in Special Pharmaceuticals for Philippines between 2021 and 2022 were Ireland ($1.02M), Austria ($691k), and Italy ($659k).

COMPANIES In 2020, leading companies such as were at the forefront of shipping Special Pharmaceuticals from Philippines to the United States.

Latest Trends

August 2021

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Overview In August 2021 Philippines' Special Pharmaceuticals exports accounted up to $64k and imports accounted up to $7.48M, resulting in a negative trade balance of $7.41M. Between August 2020 and August 2021 the exports of Philippines' Special Pharmaceuticals have increased by $36.9k (137%) from $27k to $64k, while imports increased by $6.19M (482%) from $1.28M to $7.48M.

Destinations In August 2021, Special Pharmaceuticals were exported mostly to Singapore ($25k), Turkey ($11.7k), Germany ($9.05k), United States ($8.56k), and India ($2.65k), and were imported mostly from Netherlands ($4.18M), Thailand ($1.84M), China ($483k), Spain ($230k), and Singapore ($149k).

Growth In August 2021, the increase in Special Pharmaceuticals's year-by-year exports was explained primarily by an increase in exports to Italy ($12.5k or 50%) and India ($8.39k or 827%). In August 2021, the increase in Special Pharmaceuticals's year-by-year imports was explained primarily by an increase in imports from Thailand ($288k or 571%), Spain ($214k or 72%), and Australia ($76k or 548%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2020 - August 2021)$36.9k(137%)

IMPORT GROWTH (August 2020 - August 2021)$6.19M(482%)

MAIN DESTINATION (August 2021)Singapore$25k

This section shows Special Pharmaceuticals'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 Special Pharmaceuticals over time.

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