2022
Exports | Imports
$11.7M | $1.69MWorld Rnk 31 / 125
Flag Rnk 316 / 1127
World Rnk 43 / 159
Flag Rnk 959 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.63Rnk 38 / 124
2022
PRODUCT COMPLEXITY IN Cocoa Beans
-2.88Rnk 1025 / 1025

About

Exports In 2022, Philippines exported $11.7M in Cocoa Beans, making it the 31st largest exporter of Cocoa Beans in the world. At the same year, Cocoa Beans was the 316th most exported product in Philippines. The main destination of Cocoa Beans exports from Philippines are: Malaysia ($6.81M), Singapore ($3.88M), South Korea ($216k), Indonesia ($212k), and Vietnam ($197k).

The fastest growing export markets for Cocoa Beans of Philippines between 2021 and 2022 were Vietnam ($154k), South Korea ($60.6k), and Kuwait ($41.4k).

Imports In 2022, Philippines imported $1.69M in Cocoa Beans, becoming the 43rd largest importer of Cocoa Beans in the world. At the same year, Cocoa Beans was the 959th most imported product in Philippines. Philippines imports Cocoa Beans primarily from: Indonesia ($1.21M), Ecuador ($335k), Madagascar ($103k), Papua New Guinea ($36.8k), and Netherlands ($4.16k).

The fastest growing import markets in Cocoa Beans for Philippines between 2021 and 2022 were Indonesia ($555k), Papua New Guinea ($5.65k), and Netherlands ($697).

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

Latest Trends

Feb 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 Cocoa Beans. 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)$11.7M
IMPORTS (2022)$1.69M
NET TRADE (2022)$10M

In 2022, Philippines exported $11.7M in Cocoa Beans. The main destinations of Philippines exports on Cocoa Beans were Malaysia ($6.81M), Singapore ($3.88M), South Korea ($216k), Indonesia ($212k), and Vietnam ($197k).

In 2022, Philippines imported $1.69M in Cocoa Beans, mainly from Indonesia ($1.21M), Ecuador ($335k), Madagascar ($103k), Papua New Guinea ($36.8k), and Netherlands ($4.16k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa Beans EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Vietnam$154k (361%)
South Korea$60.6k (39.1%)
Kuwait$41.4k (1.73k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa Beans BY Philippines WERE (2021 - 2022):
Malaysia-$3.97M (-36.8%)
Singapore-$1.22M (-24%)
Indonesia-$493k (-70%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cocoa Beans by Exporters

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