Tung Oil Prices in Philippines
| Variety | Market level | Price (US$/kg) | Local (PHP) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| - | Export (unit value) | 2.39 | 133 | ▼ 14.1% | ▼ 14.1% | UN Comtrade (unit value) |
As of June 2026, the tung oil price in Philippines available is US$ 2.39 per kg (133 PHP), down 14.1% year-on-year.
The Philippines exported 1,263 tonnes of tung oil in 2024, valued at US$3,019,991, ranking #57 among 108 exporters and accounting for 0.0% of global exports. The country is a net exporter, with production at 11,905 tonnes (0.4% of world output), ranking #34 globally. The latest export unit value is US$2.3905 per kg.
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Tung Oil Price History & Trend
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Production, Exports, Imports & HS Codes - tung oil in Philippines
The Philippines exported 1,263 tonnes of tung oil in 2024, valued at US$3,019,991, ranking #57 among 108 exporters and accounting for 0.0% of global exports. The country is a net exporter, with production at 11,905 tonnes (0.4% of world output), ranking #34 globally. The latest export unit value is US$2.3905 per kg.
Exports UN Comtrade · 2024
In 2024, Philippines exported $3M (1.3 kt) of tung oil▲ 68.4% YoY. That ranks #57 worldwide (0% of global exports).
Export value by year (US$)
Export volume by year
Top tung oil exporters worldwide UN Comtrade · 2024
- #1 Indonesia $1.84B · 27.8%
- #2 Netherlands $686.5M · 10.4%
- #3 Belgium $567.1M · 8.6%
- #4 Malaysia $522M · 7.9%
- #5 Sweden $355.3M · 5.4%
Annual export data Philippines · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $3M | 1.3 kt | $2.39 |
| 2023 | $1.8M | 644.4 t | $2.78 |
| 2022 | $2.1M | 940.1 t | $2.2 |
| 2021 | $1.5M | 711.5 t | $2.11 |
| 2020 | $2.1M | 2.1 kt | $1.01 |
Production FAOSTAT · 2024
Philippines produced 11.9 kt of tung oil in 2024▼ 0.2% YoY. It ranks #34 among producing countries (0.4% of world output).
Production by year (tonnes)
HS Code
tung oil is traded under Harmonized System code 1517.90. Trade figures above are compiled for this HS heading.
Sources: trade & HS - UN Comtrade; production - FAOSTAT (FAO). Values are official reported figures.