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Export of Peanut Butter from Philippines
Peanut Butter is categorized under HS code 200811 - Nuts; ground-nuts, whether or not containing added sugar, other sweetening matter or spirit, and the data is presented accordingly.
Export overview
As of 2023, Philippines ranked #42 in global exports of Peanut Butter. Philippines accounts for approximately 0.17% of the total global export value of Peanut Butter, with an export value of 3,932,391 USD.
The top countries importing Peanut Butter from Philippines include World, Kuwait, Canada, Saudi Arabia, United Arab Emirates.
Export trend
Philippines's export value of Peanut Butter has increased by 215.32% over the past 5 years, rising from 1,247,127 USD in 2019 to 3,932,391 USD in 2023.
The export data for Philippines Peanut Butter is sourced from UN Comtrade and official Customs databases of various countries. The data is categorized under the Harmonized System (HS) code 200811 - Nuts; ground-nuts, whether or not containing added sugar, other sweetening matter or spirit, which covers a specific classification for Peanut Butter and related products in international trade.
It's important to note that the HS code classification may not always perfectly match the definition of Peanut Butter in certain markets, as HS codes often encompass a broader range of similar products.
Major exporters of Philippines Peanut Butter in 2024
PIXCEL TRANSGLOBAL FOODS
Philippines
UNIVERSAL ROBINA
Philippines
REPUBLIC BISCUIT
Philippines
KWALITY PHILFOOD
Philippines
GEM FOODSINTERNATIONAL
Philippines
Major importers of Philippines Peanut Butter in 2024
URC HONG KONG
Hong Kong
SHANKAR TRADING
United Arab Emirates
PIRIYAPUL INTERNATIONAL
Thailand
GO REGIONAL TRADING IMPORT & EXPORT
Singapore
NEW WESTZONE SUPERMARKET
United Arab Emirates
Historical export price trends
The export price of Peanut Butter from Philippines has experienced a downward trend over the past 2 years. In 2023, the price fluctuated between 1.44 USD per kg and 11.50 USD per kg, but in 2024, it decreased to a range of 1 USD per kg to 11.50 USD per kg.
Year
Year
Low price
Low price
High price
High price
2022
$0.16/kg
$10.60/kg
2023
$1.44/kg
$11.50/kg
2024
$1/kg
$11.50/kg
The export transaction data for Philippines Peanut Butter is sourced from Bill of Lading (B/L) documents and customs reports. Tridge ensures data accuracy through human oversight and AI, handling missing values, outliers, and standardizing currencies and units. Note that price trends may vary based on country, product variety, or timeframe.
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