Philippines | Imports and Exports | World | Rice | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
| Commodity | Reporter | Partner | Trade flow | Indicator | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| 1006. Rice | Philippines | World | Exports | Value (US$) | 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 $10 million).
Where does Philippines export Rice?
Top export destinations of "Rice" from Philippines in 2023:
- Bangladesh with a share of 25% (153 thousand US$)
- Saudi Arabia with a share of 21% (133 thousand US$)
- Qatar with a share of 15.5% (94 thousand US$)
- United Arab Emirates with a share of 15.2% (93 thousand US$)
- Kuwait with a share of 11% (67 thousand US$)
- Oman with a share of 4.79% (29 thousand US$)
- Bahrain with a share of 3.58% (21 thousand US$)
- USA with a share of 1.45% (8.85 thousand US$)
- Israel with a share of 1.09% (6.7 thousand US$)
- Hong Kong - 918 US$
Exports structure of 1006 - Rice - from Philippines in 2023 represented by the following main commodity groups:
- 71% (435 thousand US$): 100620 - Husked (brown) rice
- 25% (153 thousand US$): 100610 - Rice in the husk (paddy/rough)
- 3.31% (20 thousand US$): 100630 - Semi-milled/wholly milled rice, whether or not polished/glazed
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 $4.32 billion).
Where does Philippines import Rice from?
Top trading partners (import of "Rice") of Philippines in 2023:
- Vietnam with a share of 77% (1.27 billion US$)
- Thailand with a share of 9.99% (163 million US$)
- Myanmar with a share of 3.91% (64 million US$)
- Pakistan with a share of 2.9% (47 million US$)
- India with a share of 2.85% (46 million US$)
- China with a share of 2.2% (36 million US$)
- Cambodia - 1.61 million US$
- Korea - 1.3 million US$
- Other Asia, nes - 650 thousand US$
- Japan - 406 thousand US$
Imports structure of 1006 - Rice - to Philippines in 2023 represented by the following main commodity groups:
- 91% (1.49 billion US$): 100630 - Semi-milled/wholly milled rice, whether or not polished/glazed
- 4.65% (76 million US$): 100610 - Rice in the husk (paddy/rough)
- 3.92% (64 million US$): 100640 - Broken rice
