Philippines | Imports and Exports | World | Milk and cream, concentrated or containing added sugar or other sweetening matter | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 0402 "Milk and cream, concentrated or containing added sugar or other sweetening matter." from Philippines totalled $ 9.66 million in 2023. Sales of commodity group 0402 from Philippines decreased by 74% in value terms compared to 2022. exports of commodity group 0402 "Milk and cream, concentrated or containing added sugar or other sweetening matter." decreased by $ 28 million (cumulative exports of commodity group 0402 from Philippines amounted $37 million in 2022)
Exports of commodity group 0402 "Milk and cream, concentrated or containing added sugar or other sweetening matter." amounted to 0.013% of total exports from Philippines (cumulative merchandise exports from Philippines totalled $ 72 billion in 2023). The share of commodity group 0402 in total exports from Philippines decreased by 0.034 p.p. compared to 2022 (it was 0.047% in 2022 and cumulative exports from Philippines were equal to $ 78 billion).
Exports of commodity group 0402 amounted to 48% of total sales of group "" from Philippines in 2023 (the value of exports of commodity group from Philippines amounted to $19.7 million in 2023). The share of exports of commodity group 0402 in sales of commodity group from Philippines lowered by 25 p.p. compared to 2022 (it was 74% in 2022, and exports of commodity group from Philippines were $50 million).
Where does Philippines export Milk and cream, concentrated or containing added sugar or other sweetening matter.?
Top export destinations of "Milk and cream, concentrated or containing added sugar or other sweetening matter." from Philippines in 2023:
- Bangladesh with a share of 31% (3.07 million US$)
- United Arab Emirates with a share of 13.2% (1.28 million US$)
- Canada with a share of 11.8% (1.14 million US$)
- USA with a share of 11.4% (1.1 million US$)
- Malaysia with a share of 8.13% (785 thousand US$)
- Hong Kong with a share of 3.87% (374 thousand US$)
- Japan with a share of 2.65% (256 thousand US$)
- Korea with a share of 1.95% (188 thousand US$)
- New Zealand with a share of 1.67% (161 thousand US$)
- Australia with a share of 1.3% (125 thousand US$)
Exports structure of 0402 - Milk and cream, concentrated or containing added sugar or other sweetening matter. - from Philippines in 2023 represented by the following main commodity groups:
- 37% (3.63 million US$): 040299 - Milk & cream, concentrated (excl. in powder), sweetened
- 36% (3.5 million US$): 040221 - Milk in powder/granules/other solid form, unsweetened, fat content by wt. >1.5%
- 14.1% (1.36 million US$): 040229 - Milk in powder/granules/other solid form, sweetened, fat content by wt. >1.5%
- 6.17% (596 thousand US$): 040291 - Milk & cream, concentrated (excl. in powder), unsweetened
- 5.82% (562 thousand US$): 040210 - Milk in powder/granules/other solid form, fat content by wt. not >1.5%
The value of imports of commodity group 0402 "Milk and cream, concentrated or containing added sugar or other sweetening matter." to Philippines totalled $ 546 million in 2023. Sales of commodity group 0402 to Philippines decreased by 30% in value terms compared to 2022. imports of commodity group 0402 "Milk and cream, concentrated or containing added sugar or other sweetening matter." decreased by $ 238 million (the value of imports of commodity group 0402 to Philippines was equal to $784 million in 2022)
Imports of commodity group 0402 "Milk and cream, concentrated or containing added sugar or other sweetening matter." accounted for 0.408% of total import flow to Philippines (in 2023, total imports to Philippines amounted to $ 133 billion). The share of commodity group 0402 in total imports to Philippines decreased by 0.129 p.p. compared to 2022 (it was 0.537% in 2022 and cumulative imports to Philippines were equal to $ 145 billion).
Imports of commodity group 0402 reached 42% of total imports of group "" to Philippines in 2023 (imports of commodity group to Philippines totalled $1.28 billion in 2023). The share of purchases of commodity group 0402 in imports of commodity group to Philippines went down by 5.73 p.p. compared to 2022 (it was 48% in 2022, and imports of commodity group to Philippines accounted for $1.62 billion).
Where does Philippines import Milk and cream, concentrated or containing added sugar or other sweetening matter. from?
Top trading partners (import of "Milk and cream, concentrated or containing added sugar or other sweetening matter.") of Philippines in 2023:
- USA with a share of 56% (306 million US$)
- New Zealand with a share of 12% (65 million US$)
- Belgium with a share of 6.43% (35 million US$)
- Ireland with a share of 5.29% (28 million US$)
- Indonesia with a share of 4.49% (24 million US$)
- Japan with a share of 2.67% (14.5 million US$)
- Poland with a share of 2.42% (13.2 million US$)
- Malaysia with a share of 2.15% (11.7 million US$)
- Australia with a share of 1.66% (9.07 million US$)
- Canada with a share of 1.4% (7.65 million US$)
Imports structure of 0402 - Milk and cream, concentrated or containing added sugar or other sweetening matter. - to Philippines in 2023 represented by the following main commodity groups:
- 87% (479 million US$): 040210 - Milk in powder/granules/other solid form, fat content by wt. not >1.5%
- 7.73% (42 million US$): 040299 - Milk & cream, concentrated (excl. in powder), sweetened
- 4.31% (23 million US$): 040221 - Milk in powder/granules/other solid form, unsweetened, fat content by wt. >1.5%
- 0.097% (534 thousand US$): 040229 - Milk in powder/granules/other solid form, sweetened, fat content by wt. >1.5%
- 0.072% (396 thousand US$): 040291 - Milk & cream, concentrated (excl. in powder), unsweetened
