Philippines Base Oil Import Market Analysis Report

 The Philippines is the most populated country in the south Asian continent after Indonesia. Due to the high population, the demand for various goods & services is at its peak which encourages the Philippine country to import a wide range of goods & services throughout the world. 

According to the Philippines import export data, the Philippines is leading on the 33rd rank in the world as the largest importing country with a total import value of $127.8 Billion US Dollars in the year 2021. 

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As per the Philippines Import Data, in terms of base oil Import, the Philippines is import large amounts of base oil just to fulfill the demand of their country's citizens. In terms of value, they are importing base oil which covers a total value percentage of around 2.52%.  

If we talk about the no of importers present in the Philippines country then we see that there are a total of 80 Importers present in the Philippines market who imported the base oil. 

As per the latest Import export data of the Philippines, the keyword “Base Oil” contains a total of 420 shipments in the last fiscal year 2021 and covers an overall 63 HS Codes. 

In the Philippines market, there are more than 220 Suppliers present in the Philippines who are supplying base oil throughout the Philippines market.  

Top 5 Importers of Base oil in the Philippines 

We have seen in the last two-three years the demand for base oil in the Philippines market is growing and reaching the maximum rank in the import sector. Also, Philippines country importers are generating a huge amount of money through the import of base oil. 

we are here with the list of top 5 importers & suppliers with their total value and origin country which helps you to explore the Philippines market and boost your market sales.    

Below, we are attaching the list of importers & suppliers. So without wasting more time let’s get started -  

Total Value USD           Origin Country        Importer        

46908.02                          Singapore                 GULF OIL PHILIPPINES INC

19150.67                           Malaysia                    CHEMREZ PRODUCT SOLUTIONS INC

22991.29                           Singapore                  IDEAL MARKETING AND MANUFACTURING

36719.49                           Taiwan                        VOLGAOIL CORPORATION 19623.18                           South Korea               ARAGORN RESOURCES 

These are the required details which are necessary for any import & export businessmen to boost their market sales. If you want to see more data then acquire the market intelligence report of the best global import-export data provider.   

Conclusion - in this blog, we gave you details about the Philippines Base Oil Import Market Analysis Report. Additionally, we gave you the list of the top 5 importers & suppliers' details with their custom import value and origin country. 

We hope that the information is enough and helpful for your import-export business. You can boost your market sales and expand your business in the Philippines market. 

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