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2022
Exports $39.5MWorld Rnk 33 / 218
Flag Rnk 61 / 96
2022
Destination $31M Hong Kong
2021 - 2022
FASTEST GROWING MARKET $31MHong Kong
2022
PRODUCT COMPLEXITY IN Art & antiques0.54Rnk 356 / 1025
2022
Imports $5.91MWorld Rnk 64 / 218
Flag Rnk 93 / 96
2022
Origin $1.66M Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $1.66MNetherlands
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $39.5M in Art & antiques, making it the 33rd largest exporter of Art & antiques in the world. At the same year, Art & antiques was the 61st most exported product in Philippines. The main destination of Art & antiques exports from Philippines are: Hong Kong ($33.6M), Singapore ($1.58M), United States ($1.31M), United Kingdom ($1.01M), and South Korea ($797k).

The fastest growing export markets for Art & antiques of Philippines between 2021 and 2022 were Hong Kong ($31M), Singapore ($1.16M), and South Korea ($466k).

Imports In 2022, Philippines imported $5.91M in Art & antiques, becoming the 64th largest importer of Art & antiques in the world. At the same year, Art & antiques was the 93rd most imported product in Philippines. Philippines imports Art & antiques primarily from: Netherlands ($1.69M), United States ($1.22M), Japan ($917k), China ($541k), and South Korea ($382k).

The fastest growing import markets in Art & antiques for Philippines between 2021 and 2022 were Netherlands ($1.66M), United States ($909k), and Japan ($828k).

COMPANIES In 2023, leading companies such as Cinmar (21), Arhaus (8), and Jo-Ann Stores (5) were at the forefront of shipping Art & antiques from Philippines to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Art & antiques exports accounted up to $27.2k and imports accounted up to $49.6k, resulting in a negative trade balance of $22.4k. Between June 2023 and June 2024 the exports of Philippines'   Art & antiques have decreased by $-32.9k (-54.7%) from $60k to $27.2k, while imports increased by $18.4k (59%) from $31.2k to $49.6k.

Destinations In June 2024, Art & antiques were exported mostly to United States ($22.9k), Australia ($2.5k), United Arab Emirates ($1.2k), Belgium ($464), and Japan ($100), and were imported mostly from United States ($27.8k), Hong Kong ($16k), Japan ($1.59k), Canada ($1.2k), and Thailand ($1.1k).

Growth In June 2024, the decrease in Art & antiques's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the increase in Art & antiques's year-by-year imports was explained primarily by an increase in imports from United States ($9.02k or 11.4k%), China ($2.26k or 2.25%), and Australia ($398 or 346%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-32.9k(-54.7%)
IMPORT GROWTH (June 2023 - June 2024)$18.4k(59%)
MAIN DESTINATION (June 2024)United States$22.9k

This section shows Art & antiques'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 Art & antiques over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$39.5M
IMPORTS (2022)$5.91M
NET TRADE (2022)$33.6M

In 2022, Philippines exported $39.5M in Art & antiques. The main destinations of Philippines exports on Art & antiques were Hong Kong ($33.6M), Singapore ($1.58M), United States ($1.31M), United Kingdom ($1.01M), and South Korea ($797k).

In 2022, Philippines imported $5.91M in Art & antiques, mainly from Netherlands ($1.69M), United States ($1.22M), Japan ($917k), China ($541k), and South Korea ($382k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Art & antiques EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Hong Kong$31M (1.17k%)
Singapore$1.16M (277%)
South Korea$466k (141%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Art & antiques BY Philippines WERE (2021 - 2022):
Japan-$257k (-73.4%)
Germany-$88.2k (-65.1%)
Belgium-$63.5k (-97.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Art & antiques were:
United States $8.11B
United Kingdom $5.39B
France $2.47B
In 2022, Philippines's main importing competitors in Art & antiques were:
United States $6.4B
Hong Kong $3.71B
United Kingdom $3.67B

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Trade Value of Art & antiques by Exporters

Potential Exports

Potential Exports

Flow
View
N/AN/AN/A
TOP IMPORT POTENTIALUnited States+ $1.22M

Art & antiques’s highest export potential is N/A. With an export gap of N/A.   Art & antiques’s highest import potential is United States with an import gap of $1.22M.

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