2022
Exports
$204kWorld Rnk 70 / 145
Flag Rnk 769 / 1127
2022
PRODUCT COMPLEXITY IN Spice Seeds
-1.2Rnk 880 / 1025
2022
Imports
$2.33MWorld Rnk 64 / 216
Flag Rnk 926 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $204k in Spice Seeds, making it the 70th largest exporter of Spice Seeds in the world. At the same year, Spice Seeds was the 769th most exported product in Philippines. The main destination of Spice Seeds exports from Philippines are: United States ($150k), India ($21.6k), United Kingdom ($18k), South Africa ($6.75k), and Thailand ($5.76k).

The fastest growing export markets for Spice Seeds of Philippines between 2021 and 2022 were United States ($53.6k), India ($21.6k), and United Kingdom ($18k).

Imports In 2022, Philippines imported $2.33M in Spice Seeds, becoming the 64th largest importer of Spice Seeds in the world. At the same year, Spice Seeds was the 926th most imported product in Philippines. Philippines imports Spice Seeds primarily from: China ($1.59M), India ($441k), Singapore ($123k), Vietnam ($47.2k), and Spain ($46.9k).

The fastest growing import markets in Spice Seeds for Philippines between 2021 and 2022 were China ($348k), Spain ($22.2k), and Ukraine ($21.4k).

Latest Trends

Mar 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 Spice Seeds. 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)$204k
IMPORTS (2022)$2.33M
NET TRADE (2022)-$2.13M

In 2022, Philippines exported $204k in Spice Seeds. The main destinations of Philippines exports on Spice Seeds were United States ($150k), India ($21.6k), United Kingdom ($18k), South Africa ($6.75k), and Thailand ($5.76k).

In 2022, Philippines imported $2.33M in Spice Seeds, mainly from China ($1.59M), India ($441k), Singapore ($123k), Vietnam ($47.2k), and Spain ($46.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spice Seeds EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United States$53.6k (55.4%)
India$21.6k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spice Seeds BY Philippines WERE (2021 - 2022):
Thailand-$17.8k (-75.6%)
Netherlands-$1.31k (-100%)
Spain-$174 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Spice Seeds were:
India $618M
Vietnam $89.5M
China $84.7M
In 2022, Philippines's main importing competitors in Spice Seeds were:

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Trade Value of Spice Seeds by Exporters

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