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2022
Exports $12.5MWorld Rnk 3 / 142
Flag Rnk 308 / 1127
2022
Destination $1.14M United States
2021 - 2022
FASTEST GROWING MARKET $1.14MUnited States
2022
Imports $930kWorld Rnk 16 / 174
Flag Rnk 1003 / 1201
2022
Origin $256k Switzerland
2021 - 2022
FASTEST GROWING ORIGIN $256kSwitzerland
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $12.5M in Worked Ivory and Bone, making it the 3rd largest exporter of Worked Ivory and Bone in the world. At the same year, Worked Ivory and Bone was the 308th most exported product in Philippines. The main destination of Worked Ivory and Bone exports from Philippines are: United States ($8.26M), Germany ($974k), Netherlands ($445k), Spain ($348k), and South Korea ($298k).

The fastest growing export markets for Worked Ivory and Bone of Philippines between 2021 and 2022 were United States ($1.14M), Germany ($163k), and Spain ($157k).

Imports In 2022, Philippines imported $930k in Worked Ivory and Bone, becoming the 16th largest importer of Worked Ivory and Bone in the world. At the same year, Worked Ivory and Bone was the 1003rd most imported product in Philippines. Philippines imports Worked Ivory and Bone primarily from: Switzerland ($256k), Japan ($167k), China ($156k), India ($109k), and Chinese Taipei ($99.5k).

The fastest growing import markets in Worked Ivory and Bone for Philippines between 2021 and 2022 were Switzerland ($256k), China ($138k), and Japan ($108k).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Worked Ivory and Bone exports accounted up to $561k and imports accounted up to $67.1k, resulting in a positive trade balance of $494k. Between June 2023 and June 2024 the exports of Philippines'   Worked Ivory and Bone have increased by $1.07k (0.19%) from $560k to $561k, while imports decreased by $-76.9k (-53.4%) from $144k to $67.1k.

Destinations In June 2024, Worked Ivory and Bone were exported mostly to United States ($204k), South Korea ($98.7k), China ($43.5k), France ($41.3k), and Austria ($39.6k), and were imported mostly from India ($46.4k), Hong Kong ($18k), and Chinese Taipei ($2.69k).

Growth In June 2024, the increase in Worked Ivory and Bone's year-by-year exports was explained primarily by an increase in exports to United Kingdom ($19.9k or 163%) and China ($6.67k or 40.8%). In June 2024, the decrease in Worked Ivory and Bone's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$1.07k(0.19%)
IMPORT GROWTH (June 2023 - June 2024)$-76.9k(-53.4%)
MAIN DESTINATION (June 2024)United States$204k

This section shows Worked Ivory and Bone's exports and imports data at subnational level for Philippines. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Worked Ivory and Bone over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$12.5M
IMPORTS (2022)$930k
NET TRADE (2022)$11.5M

In 2022, Philippines exported $12.5M in Worked Ivory and Bone. The main destinations of Philippines exports on Worked Ivory and Bone were United States ($8.26M), Germany ($974k), Netherlands ($445k), Spain ($348k), and South Korea ($298k).

In 2022, Philippines imported $930k in Worked Ivory and Bone, mainly from Switzerland ($256k), Japan ($167k), China ($156k), India ($109k), and Chinese Taipei ($99.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Worked Ivory and Bone EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United States$1.14M (16%)
Germany$163k (20.1%)
Spain$157k (82.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Worked Ivory and Bone BY Philippines WERE (2021 - 2022):
Australia-$200k (-68.9%)
Japan-$162k (-57.1%)
Saudi Arabia-$106k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Worked Ivory and Bone were:
China $52.8M
India $17.5M
In 2022, Philippines's main importing competitors in Worked Ivory and Bone were:
Hong Kong $44M
United States $38.4M
France $11.2M

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Trade Value of Worked Ivory and Bone by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $179k
TOP IMPORT POTENTIALIndia+ $22.6k

Worked Ivory and Bone’s highest export potential is China. With an export gap of $179k.   Worked Ivory and Bone’s highest import potential is India with an import gap of $22.6k.

See methodology.

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