2022
Exports
$832MWorld Rnk 6 / 177
Flag Rnk 20 / 1127
2022
PRODUCT COMPLEXITY IN Wood Carpentry
-0.052Rnk 563 / 1025
2022
Imports
$41.7MWorld Rnk 47 / 222
Flag Rnk 420 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $832M in Wood Carpentry, making it the 6th largest exporter of Wood Carpentry in the world. At the same year, Wood Carpentry was the 20th most exported product in Philippines. The main destination of Wood Carpentry exports from Philippines are: Japan ($830M), United States ($2.1M), Afghanistan ($131k), Guam ($76.1k), and Jamaica ($47k).

The fastest growing export markets for Wood Carpentry of Philippines between 2021 and 2022 were Japan ($20.3M), Afghanistan ($69.3k), and Jamaica ($40.6k).

Imports In 2022, Philippines imported $41.7M in Wood Carpentry, becoming the 47th largest importer of Wood Carpentry in the world. At the same year, Wood Carpentry was the 420th most imported product in Philippines. Philippines imports Wood Carpentry primarily from: China ($23.9M), Japan ($3.97M), Vietnam ($2.5M), Thailand ($2.12M), and Indonesia ($1.87M).

The fastest growing import markets in Wood Carpentry for Philippines between 2021 and 2022 were Vietnam ($727k), New Zealand ($593k), and Japan ($537k).

Historical Data

Trade Balance

Color
EXPORTS (2022)$832M
IMPORTS (2022)$41.7M
NET TRADE (2022)$791M

In 2022, Philippines exported $832M in Wood Carpentry. The main destinations of Philippines exports on Wood Carpentry were Japan ($830M), United States ($2.1M), Afghanistan ($131k), Guam ($76.1k), and Jamaica ($47k).

In 2022, Philippines imported $41.7M in Wood Carpentry, mainly from China ($23.9M), Japan ($3.97M), Vietnam ($2.5M), Thailand ($2.12M), and Indonesia ($1.87M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Carpentry EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Japan$20.3M (2.5%)
Afghanistan$69.3k (112%)
Jamaica$40.6k (632%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Carpentry BY Philippines WERE (2021 - 2022):
United States-$1.29M (-37.9%)
Papua New Guinea-$43.2k (-76.7%)
Andorra-$19.3k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Wood Carpentry were:
Canada $1.96B
China $1.89B
Austria $1.87B
In 2022, Philippines's main importing competitors in Wood Carpentry were:

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Trade Value of Wood Carpentry by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $11M
TOP IMPORT POTENTIALChina+ $4.99M

Wood Carpentry’s highest export potential is United States. With an export gap of $11M.   Wood Carpentry’s highest import potential is China with an import gap of $4.99M.

See methodology.

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