Ginseng Roots Prices in Philippines
| Variety | Market level | Price (US$/kg) | Local (PHP) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| - | Export (unit value) | 1.49 | 82.70 | ▼ 97.0% | n/a | UN Comtrade (unit value) |
As of June 2026, the ginseng roots price in Philippines available is US$ 1.49 per kg (82.70 PHP).
In 2024, the Philippines exported 15 tonnes of ginseng roots valued at US$23,013, ranking #26 out of 56 global exporters and accounting for 0.0% of world exports. Export value declined by 81.4% year-on-year. The latest export unit value is US$1.4861 per kg. The Philippines is a net exporter of ginseng roots.
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Ginseng Roots Price History & Trend
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Production, Exports, Imports & HS Codes - ginseng roots in Philippines
In 2024, the Philippines exported 15 tonnes of ginseng roots valued at US$23,013, ranking #26 out of 56 global exporters and accounting for 0.0% of world exports. Export value declined by 81.4% year-on-year. The latest export unit value is US$1.4861 per kg. The Philippines is a net exporter of ginseng roots.
Exports UN Comtrade · 2024
In 2024, Philippines exported $23K (15.5 t) of ginseng roots▼ 81.4% YoY. That ranks #26 worldwide (0% of global exports).
Export value by year (US$)
Export volume by year
Top ginseng roots exporters worldwide UN Comtrade · 2024
- #1 China $87.6M · 29.9%
- #2 South Korea $82.3M · 28%
- #3 Canada $56.3M · 19.2%
- #4 US $39M · 13.3%
- #5 Hong Kong $13.5M · 4.6%
Annual export data Philippines · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $23K | 15.5 t | $1.49 |
| 2023 | $123.7K | - | - |
| 2022 | $179.8K | - | - |
| 2021 | $40 | 0 t | $49.38 |
| 2020 | $400 | - | - |
HS Code
ginseng roots is traded under Harmonized System code 1211.20. Trade figures above are compiled for this HS heading.
Sources: trade & HS - UN Comtrade. Values are official reported figures.