Unvulcanised Rubber Products in Philippines | The Observatory of Economic Complexity

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Exports In 2022, Philippines exported $755k in Unvulcanised Rubber Products, making it the 37th largest exporter of Unvulcanised Rubber Products in the world. At the same year, Unvulcanised Rubber Products was the 628th most exported product in Philippines. The main destination of Unvulcanised Rubber Products exports from Philippines are: Chinese Taipei ($408k), Kuwait ($175k), Indonesia ($148k), South Korea ($7.3k), and Brazil ($3.55k).

The fastest growing export markets for Unvulcanised Rubber Products of Philippines between 2021 and 2022 were Kuwait ($154k), Chinese Taipei ($138k), and South Korea ($7.3k).

Imports In 2022, Philippines imported $1.44M in Unvulcanised Rubber Products, becoming the 54th largest importer of Unvulcanised Rubber Products in the world. At the same year, Unvulcanised Rubber Products was the 967th most imported product in Philippines. Philippines imports Unvulcanised Rubber Products primarily from: United States ($1.1M), South Korea ($85.4k), China ($75.5k), Canada ($40.5k), and India ($20.8k).

The fastest growing import markets in Unvulcanised Rubber Products for Philippines between 2021 and 2022 were United States ($949k), Canada ($37.2k), and Chinese Taipei ($13.9k).

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

Latest Trends

August 2021

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Overview In August 2021 Philippines' Unvulcanised Rubber Products exports accounted up to $387 and imports accounted up to $31.3k, resulting in a negative trade balance of $30.9k. Between August 2020 and August 2021 the exports of Philippines' Unvulcanised Rubber Products have decreased by $-133 (-25.6%) from $520 to $387, while imports increased by $26.6k (557%) from $4.77k to $31.3k.

Destinations In August 2021, Unvulcanised Rubber Products were exported mostly to Mexico ($264) and Thailand ($123), and were imported mostly from Singapore ($15.8k), United States ($7.27k), Thailand ($4.27k), Japan ($2.83k), and Italy ($703).

Growth In August 2021, the decrease in Unvulcanised Rubber Products's year-by-year exports was explained primarily by a decrease in exports to . In August 2021, the increase in Unvulcanised Rubber Products's year-by-year imports was explained primarily by an increase in imports from China ($165k or 250k%), South Korea ($16.4k or 2.01k%), and Thailand ($2.92k or 182%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2020 - August 2021)$-133(-25.6%)

IMPORT GROWTH (August 2020 - August 2021)$26.6k(557%)

MAIN DESTINATION (August 2021)Mexico$264

This section shows Unvulcanised Rubber Products'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 Unvulcanised Rubber Products over time.

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