The value of exports of commodity group 44 "Wood and articles of wood; wood charcoal" from Philippines totalled $ 414 million in 2023. Sales of commodity group 44 from Philippines decreased by 31% in value terms compared to 2022. exports of commodity group 44 "Wood and articles of wood; wood charcoal" decreased by $ 191 million (cumulative exports of commodity group 44 from Philippines amounted $606 million in 2022)
Exports of commodity group 44 "Wood and articles of wood; wood charcoal" amounted to 0.568% of total exports from Philippines (cumulative merchandise exports from Philippines totalled $ 72 billion in 2023). The share of commodity group 44 in total exports from Philippines decreased by 0.199 p.p. compared to 2022 (it was 0.768% in 2022 and cumulative exports from Philippines were equal to $ 78 billion).
Top export destinations of "Wood and articles of wood; wood charcoal" from Philippines in 2023:
The value of imports of commodity group 44 "Wood and articles of wood; wood charcoal" to Philippines totalled $ 674 million in 2023. Sales of commodity group 44 to Philippines decreased by 31% in value terms compared to 2022. imports of commodity group 44 "Wood and articles of wood; wood charcoal" decreased by $ 303 million (the value of imports of commodity group 44 to Philippines was equal to $977 million in 2022)
Imports of commodity group 44 "Wood and articles of wood; wood charcoal" accounted for 0.504% of total import flow to Philippines (in 2023, total imports to Philippines amounted to $ 133 billion). The share of commodity group 44 in total imports to Philippines decreased by 0.166 p.p. compared to 2022 (it was 0.67% in 2022 and cumulative imports to Philippines were equal to $ 145 billion).
Top trading partners (import of "Wood and articles of wood; wood charcoal") of Philippines in 2023: