Commodity | Reporter | Partner | Trade flow | Indicator | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
1006. Rice | Philippines | World | Exports | Value (US$) | 1,267,701.00 | 5,388,545.00 | 3,317,514.00 | 801,834.00 | 318,225.00 | 885,205.00 | 470,282.00 | 566,892.00 | 556,607.00 | 608,295.00 | 1,090,339.00 | 609,594.00 |
Value Growth, YoY (%) | -41.36 | 325.06 | -38.43 | -75.83 | -60.31 | 178.16 | -46.87 | 20.54 | -1.81 | 9.28 | 79.24 | -44.09 | ||||
Imports | Value (US$) | 424,024,149.00 | 172,313,179.00 | 446,219,858.00 | 464,729,106.00 | 210,671,995.00 | 357,721,288.00 | 736,649,473.00 | 1,144,668,205.00 | 921,840,531.00 | 1,196,907,052.00 | 1,273,456,929.00 | 1,635,577,221.00 | |||
Value Growth, YoY (%) | 10.65 | -59.36 | 158.95 | 4.14 | -54.66 | 69.80 | 105.92 | 55.38 | -19.46 | 29.83 | 6.39 | 28.43 |
The value of exports of commodity group 1006 "Rice" from Philippines totalled $ 609 thousand in 2023. Sales of commodity group 1006 from Philippines decreased by 44% in value terms compared to 2022. exports of commodity group 1006 "Rice" decreased by $ 480 thousand (cumulative exports of commodity group 1006 from Philippines amounted $1.09 million in 2022)
Exports of commodity group 1006 amounted to 10.2% of total sales of group "" from Philippines in 2023 (the value of exports of commodity group from Philippines amounted to $5.95 million in 2023). The share of exports of commodity group 1006 in sales of commodity group from Philippines lowered by 0.657 p.p. compared to 2022 (it was 10.9% in 2022, and exports of commodity group from Philippines were $10 million).
Top export destinations of "Rice" from Philippines in 2023:
The value of imports of commodity group 1006 "Rice" to Philippines totalled $ 1.63 billion in 2023. Sales of commodity group 1006 to Philippines went up by 28% compared to 2022: imports of commodity group 1006 "Rice" went up by $ 362 million (the value of imports of commodity group 1006 to Philippines was equal to $1.27 billion in 2022)
Imports of commodity group 1006 "Rice" accounted for 1.22% of total import flow to Philippines (in 2023, total imports to Philippines amounted to $ 133 billion). The share of commodity group 1006 in total imports to Philippines increased by 0.349 p.p. compared to 2022 (it was 0.872% in 2022 and cumulative imports to Philippines were equal to $ 145 billion).
Imports of commodity group 1006 reached 40% of total imports of group "" to Philippines in 2023 (imports of commodity group to Philippines totalled $4.04 billion in 2023). The share of purchases of commodity group 1006 in total imports of commodity group to Philippines increased by 11 p.p. compared to 2022 (it was 29% in 2022, and imports of commodity group to Philippines accounted for $4.32 billion).
Top trading partners (import of "Rice") of Philippines in 2023: