Post-Covid Custom Trade Data And Reports Of Philippines

 In 2020 the Philippines was the 34th world largest importer and 43rd largest exporter country across the globe, suggests the data and research reports of Exim Trade Data.

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Total Import-Export & Trade Value of Philippines

● $152.46 billion worth of Imports in 2019

● $119.24 billion worth of imports in 2020

● $106.95 billion worth of exports in 2019

● $91.05 billion worth of exports in 2020

Trade Statistics of the Philippines

● Trade Balance: $-45.51 billion in 2019, and $-28.19 billion in 2020

● Current Account: $-600 million

● GDP: $361.49 billion in 2020

● Tariff Rates: 1.68% in 2019

List of The Major Trading Partners of the Philippines 2020

Based on the Philippines Export Trade Data and market analysis reports, Japan $9.9 billion (15.5%), China $9.6 billion (15.1%), Singapore $3.8 billion (5.9%), South Korea $2.5 billion (4%), Taiwan $2.1 billion (3.2%), Malaysia $1.8 billion (2.7%), India $551.3 million (0.9%), France $472.7 million (0.7%), United States $9.7 billion (15.2%),  Hong Kong $9.1 billion (14.2%), Thailand $2.9 billion (4.5%), Germany $2.4 billion (3.7%), Netherlands $1.9 billion (3%), Vietnam $1.3 billion (2%), Mexico $545.6 million (0.9%) were some of the top exporter countries of the Philippines in 2020.

Major Imports of the Philippines in 2020

The market analysis reports suggest Electrical Machinery & Equipment $27 billion (23.9%), Electronics & Computers $12.5 billion (11.1%), Steel & Iron $3.9 billion (3.5%), Cereals $2.9 billion (2.6%), Technical, Optical & Medical Apparatus $2.4 billion (2.1%), Mineral Oils & Fuels $13.6 billion (12%), Vehicles $8.5 billion (7.5%), Plastics & Articles of Plastics $3.7 billion (3.3%), Spacecraft & Aircraft $2.8 billion (2.5%), and Articles of Steel & Iron $1.9 billion (1.7%) were the top imported products of the Philippines as per Philippines import data 2020.

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Global Trade Market Of Vegetable Oils, Fatty Acids & Methyl Esters

 The global trade value of Fatty acids during 2020 was valued at $8,584 million. Whereas the global trade value of methyl esters Import and Exports valued $4,240 million in 2020.

About $153 billion of import-export trade is contributed by vegetable oils including soybean oil, palm oil, olive oil, sunflower oil, mustard & colza oil, rap oil, and coconut oil.

Exim trade data analysis research reports offer in-depth analysis of international export and imports of vegetable oils, fatty acids, and methyl esters.  Get crucial useful insights into the global trade market through Exim Trade Data and gain access to thousands of millions of in-depth research data to enhance the productivity of your global trade business across the globe.

Total trade value of Fatty Acids By Country

The total exports of fatty acids were worth $4,101 million whereas the imports of Fatty acids totaled $4,483 million during 2020. Some of the top importers and exporters of fatty acids during 2020 by country are given below.

Top Importers of Fatty Acids By Country in 2020

The Netherlands $551 million, China $495 million, India $351 million, Malaysia $372 million, Germany $265 million, Singapore $117 million, United States $323 million, South Korea $243 million, Italy $263 million, Spain $197 million were the to importer country during 2020 as per the market analysis reports of Exim Trade data.

Top Exporters of Fatty Acids By Country in 2020

India $114 million, Indonesia $1,573 million, Malaysia $1,012 million, Germany $165 million, Netherlands $427 million, Belgium $201 million, Spain $52 million, Thailand $56 million, Argentina $69 million, United States $60 million were the top exporter country of fatty acids during 2020 according to the market analysis reports of Exim Trade Data.

Based on the above data, Malaysia and Netherlands were among the largest exporters and importers of fatty acids during 2020.

Total trade value of Methyl Esters By Country

The global import value of Methyl esters was estimated at $2,217 million during 2020 and the global export value of Methyl esters during 2020 stood at $2,023 million. Some of the top importers and exporters of Methyl esters during 2020 by country are given below.

Top Importers of Methyl Esters By Country in 2020

China $362 million, Malaysia $147 million, Netherlands $221 million, Germany $133 million, United States $137 million, France $104 million, South Korea $84 million, India $90 million, Taipei, Chinese $103 million, Indonesia $101 were among the top importers of Methyl esters during 2020 according to the market analysis reports of Exim Trade Data.

Top Exporters of Methyl Esters By Country in 2020

Saudi Arabia $412 million, United States $268 million, China $109 million, Japan $259 million, Singapore $197 million,  Germany $208 million, Netherlands $117 million, South Korea $100 million, Thailand $147 million, Taipei, Chinese $ 82 were the exporter countries of methyl esters in 2020 as per market analysis reports.

Total trade value of Vegetable Oils

Coconut oil, Olive Oil, Soya-bean Oil, Palm Oil, Colza, Rape & Mustard Oil, and Sunflower Oil are some of the most used vegetable oils for cooking. Some of the top imported and exported vegetable oils during  2020 by-products are given below.

● Palm Oil: $33,812 million (Import) & $32,483 million (Export)

● Soya-Bean Oil: $9,725 million (Import) & $9,841 (Export)

● Sunflower Oil: $13,504 (Import) & $13,421 million (Export)

● Olive Oil: $7,695 million (Import) & $7,611 million (Export)

● Coconut Oil: $5,136 million (Import) & $4,679 million (Export)

● Colza, Rape & Mustard Oil: $7,701 (Import) & $7,783 million (Export)

The market intelligence report and research data is brought to you by Exim Trade Data, one of the most leading global custom import-export marketing services and solution provider companies across the globe.

For more info on any global country, you can visit our official website and ask for free sample data or even book a free demo to get the overall overview of your trade business.

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Quick Overview Of India’s Fish Market And Data Analysis Reports

 In 2020, the total fish exports value of India was totaled $611 million and by the end of the year 2021, from Jan to Oct it was $485 million. The fish exports of the country went down as the supply chain got affected by the Covid-19 restriction in 2020. With a share of 39% of the market (2020) and 22% (2021), China remains one of the top importer countries of Indian fish in the world. The largest exported species in India is Ribbonfish.

India is among one of the largest fish-producing countries across the globe with a 7% share of global fish production. In recent times this sector has shown immense growth. During 2018 and 2019 these marine products stood at 13.93 lakh metric tons and were worth $6.73 billion.

Getting To Know India’s Fish Exports Market

As per the HS Code, the fish is categorized into four different sections.

● Live Fish: 0301

● Fresh or Chilled Fish: 0302

● Frozen Fish: 0303

● Fish Fillets & Other Fish Meat: 0304

Market analysis reports of Indian exports suggest that frozen fish are the most exported fish among other fisheries.

What are the top 10 Species of Fish Exported During 2020?

India is home to a variety of unique and diverse species of fish including brackish water fishes, marine fishes, and freshwater fishes in areas of the Arabian Sea, Bengal Sea, and the Indian Ocean. About 940 species of fish consist of freshwater fishes constituting about 38% of the total Indian fish fauna.

Sole, Jack, Croaker, Pomfret, and Ribbon Fish are some of the most popular species of fish in India where one of the largest exported fish by this country is Ribbonfish covering  27.39% of the total fish export during 2020.

What are the largest importing countries of India’s Fishmarket?

China (39.2%), Thailand (12.2%), Japan (9.3%), Taiwan (3.9%), Tunisia (3.5%), United States (3.1%), Hong Kong (2.5%), Kuwait (2.4%), Bangladesh (1.7%), and Russia (1.7%) were the largest importing countries of India’s fishmarket during 2020 as per India export data.

India exports fisheries to more than 50 countries in the world including Russia, Bangladesh, the United States, Japan, China, Tunisia, Hong Kong, Kuwait, Taiwan, and Thailand.

Top Market Share Holder of Indian Exports Fish Markets

➢ Sun Exports: 3.2%

➢ Gadre Marine Export Private Limited: 6.2%

➢ Amar Sagar Seafoods Private Limited: 2%

➢ Ulka Sea Foods Private Limited: 2.8%

➢ Salet Seafoods Private Limited: 1.7%

➢ Goan Fresh Marine Exports Private Limited: 2.4%

➢ Nishindo Foods Private Limited: 1.5%

➢ SS international: 1.6%

➢ Silver Sea Food: 1.7%

➢ Silver Star Exports: 1.6%

Given Below Are Some of The Largest Ports of India For Loading Fish Shipments

❖ Mangalore Sea: 3.1%

❖ Mundra Sea: 12.1%

❖ Pipavav-Victor Port Gujarat Sea: 26.2%

❖ Cochin Sea:18%

❖ Nhava Sheva Sea: 19.6%

These major ports of India accounted for 90% of total shipments during 2021 ( Jan to Oct).

For more info on any global country, you can visit our official website and ask for free sample data or even book a free demo to get the overall overview of your trade business.

For more info visit site: https://www.eximtradedata.com