Other Inorganic Acids Salts in Philippines | The Observatory of Economic Complexity

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Exports In 2022, Philippines exported $38.2M in Other Inorganic Acids Salts, making it the 7th largest exporter of Other Inorganic Acids Salts in the world. At the same year, Other Inorganic Acids Salts was the 195th most exported product in Philippines. The main destination of Other Inorganic Acids Salts exports from Philippines are: China ($34.1M), Singapore ($717k), Belgium ($696k), Hong Kong ($681k), and Germany ($511k).

The fastest growing export markets for Other Inorganic Acids Salts of Philippines between 2021 and 2022 were Germany ($511k), Belgium ($403k), and Turkey ($402k).

Imports In 2022, Philippines imported $12M in Other Inorganic Acids Salts, becoming the 26th largest importer of Other Inorganic Acids Salts in the world. At the same year, Other Inorganic Acids Salts was the 683rd most imported product in Philippines. Philippines imports Other Inorganic Acids Salts primarily from: Germany ($4.98M), South Korea ($1.85M), Thailand ($1.11M), China ($991k), and Turkey ($788k).

The fastest growing import markets in Other Inorganic Acids Salts for Philippines between 2021 and 2022 were Germany ($2.04M), Thailand ($918k), and China ($745k).

COMPANIES In 2020, leading companies such as were at the forefront of shipping Other Inorganic Acids Salts from Philippines to the United States.

Latest Trends

August 2021

About

Overview In August 2021 Philippines' Other Inorganic Acids Salts exports accounted up to $3.58M and imports accounted up to $657k, resulting in a positive trade balance of $2.92M. Between August 2020 and August 2021 the exports of Philippines' Other Inorganic Acids Salts have increased by $1.23M (52.2%) from $2.35M to $3.58M, while imports increased by $232k (54.6%) from $425k to $657k.

Destinations In August 2021, Other Inorganic Acids Salts were exported mostly to China ($3.13M), Singapore ($284k), Netherlands ($83.1k), Belgium ($60.7k), and United States ($19.6k), and were imported mostly from South Korea ($337k), Turkey ($118k), United States ($64.9k), Netherlands ($47.8k), and Chinese Taipei ($45.1k).

Growth In August 2021, the increase in Other Inorganic Acids Salts's year-by-year exports was explained primarily by an increase in exports to China ($752k or 31.6%). In August 2021, the increase in Other Inorganic Acids Salts's year-by-year imports was explained primarily by an increase in imports from Japan ($198k or 258%) and India ($52.6k or 280%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2020 - August 2021)$1.23M(52.2%)

IMPORT GROWTH (August 2020 - August 2021)$232k(54.6%)

MAIN DESTINATION (August 2021)China$3.13M

This section shows Other Inorganic Acids Salts'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 Other Inorganic Acids Salts over time.

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