Philippines | Imports and Exports | World | Animal or vegetable fats and oils and their fractions, partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 1516 "Animal, vegetable or microbial fats and oils and their fractions, partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, whether or not refined, but not further prepared" from Philippines totalled $ 31 million in 2023. Sales of commodity group 1516 from Philippines went up by 35% compared to 2022: exports of commodity group 1516 "Animal, vegetable or microbial fats and oils and their fractions, partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, whether or not refined, but not further prepared" went up by $ 8.28 million (cumulative exports of commodity group 1516 from Philippines amounted $23 million in 2022)
Exports of commodity group 1516 "Animal, vegetable or microbial fats and oils and their fractions, partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, whether or not refined, but not further prepared" amounted to 0.043% of total exports from Philippines (cumulative merchandise exports from Philippines totalled $ 72 billion in 2023). The share of commodity group 1516 in total exports from Philippines increased by 0.013 p.p. compared to 2022 (it was 0.029% in 2022 and cumulative exports from Philippines were equal to $ 78 billion).
Exports of commodity group 1516 amounted to 2.47% of total sales of group "" from Philippines in 2023 (the value of exports of commodity group from Philippines amounted to $1.28 billion in 2023). The share of exports of commodity group 1516 in sales of commodity group from Philippines increased by 1.4 p.p. compared to 2022 (it was 1.07% in 2022, and exports of commodity group from Philippines were $2.2 billion).
Where does Philippines export Animal, vegetable or microbial fats and oils and their fractions, partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, whether or not refined, but not further prepared?
Top export destinations of "Animal, vegetable or microbial fats and oils and their fractions, partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, whether or not refined, but not further prepared" from Philippines in 2023:
- USA with a share of 53% (17.1 million US$)
- Australia with a share of 14.5% (4.62 million US$)
- Canada with a share of 11.6% (3.72 million US$)
- Netherlands with a share of 5.96% (1.9 million US$)
- United Kingdom with a share of 3.97% (1.26 million US$)
- Other Asia, nes with a share of 3.01% (959 thousand US$)
- Korea with a share of 1.84% (587 thousand US$)
- Japan with a share of 1.43% (455 thousand US$)
- Singapore with a share of 1.28% (410 thousand US$)
- China with a share of 1.08% (344 thousand US$)
Exports structure of 1516 - Animal, vegetable or microbial fats and oils and their fractions, partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, whether or not refined, but not further prepared - from Philippines in 2023 represented by the following main commodity groups:
- 98% (31 million US$): 151620 - Vegetable fats & oils & fractions thereof , partly/wholly hydrogenated/inter-esterified/re-esterified/elaidinized, whether or not ref. but not furth. prepared
- 1.27% (407 thousand US$): 151610 - Animal fats & oils & fractions thereof , partly/wholly hydrogenated/inter-esterified/re-esterified/elaidinized, whether or not ref. but not furth. prepared
The value of imports of commodity group 1516 "Animal, vegetable or microbial fats and oils and their fractions, partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, whether or not refined, but not further prepared" to Philippines totalled $ 53 million in 2023. Sales of commodity group 1516 to Philippines decreased by 45% in value terms compared to 2022. imports of commodity group 1516 "Animal, vegetable or microbial fats and oils and their fractions, partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, whether or not refined, but not further prepared" decreased by $ 43 million (the value of imports of commodity group 1516 to Philippines was equal to $97 million in 2022)
Imports of commodity group 1516 "Animal, vegetable or microbial fats and oils and their fractions, partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, whether or not refined, but not further prepared" accounted for 0.039% of total import flow to Philippines (in 2023, total imports to Philippines amounted to $ 133 billion). The share of commodity group 1516 in total imports to Philippines decreased by 0.026 p.p. compared to 2022 (it was 0.066% in 2022 and cumulative imports to Philippines were equal to $ 145 billion).
Imports of commodity group 1516 reached 4.43% of total imports of group "" to Philippines in 2023 (imports of commodity group to Philippines totalled $1.2 billion in 2023). The share of purchases of commodity group 1516 in imports of commodity group to Philippines went down by 0.455 p.p. compared to 2022 (it was 4.89% in 2022, and imports of commodity group to Philippines accounted for $1.98 billion).
Where does Philippines import Animal, vegetable or microbial fats and oils and their fractions, partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, whether or not refined, but not further prepared from?
Top trading partners (import of "Animal, vegetable or microbial fats and oils and their fractions, partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, whether or not refined, but not further prepared") of Philippines in 2023:
- Malaysia with a share of 60% (32 million US$)
- Indonesia with a share of 37% (20 million US$)
- India - 507 thousand US$
- Spain - 239 thousand US$
- Singapore - 224 thousand US$
- USA - 65 thousand US$
- China - 17.9 thousand US$
- Thailand - 13.3 thousand US$
- France - 11 thousand US$
- Turkey - 9.26 thousand US$
Imports structure of 1516 - Animal, vegetable or microbial fats and oils and their fractions, partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, whether or not refined, but not further prepared - to Philippines in 2023 represented by the following main commodity groups:
- 99% (53 million US$): 151620 - Vegetable fats & oils & fractions thereof , partly/wholly hydrogenated/inter-esterified/re-esterified/elaidinized, whether or not ref. but not furth. prepared
- 0.486% (259 thousand US$): 151610 - Animal fats & oils & fractions thereof , partly/wholly hydrogenated/inter-esterified/re-esterified/elaidinized, whether or not ref. but not furth. prepared
