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2022
Exports $7.8MWorld Rnk 49 / 191
Flag Rnk 369 / 1127
2022
Destination $887k United States
2021 - 2022
FASTEST GROWING MARKET $887kUnited States
2022
PRODUCT COMPLEXITY IN Awnings, Tents, and Sails-0.92Rnk 814 / 1025
2022
Imports $69MWorld Rnk 23 / 224
Flag Rnk 334 / 1201
2022
Origin $18.4M China
2021 - 2022
FASTEST GROWING ORIGIN $18.4MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $7.8M in Awnings, Tents, and Sails, making it the 49th largest exporter of Awnings, Tents, and Sails in the world. At the same year, Awnings, Tents, and Sails was the 369th most exported product in Philippines. The main destination of Awnings, Tents, and Sails exports from Philippines are: United States ($2.6M), United Kingdom ($1.87M), Japan ($413k), Netherlands ($366k), and Czechia ($359k).

The fastest growing export markets for Awnings, Tents, and Sails of Philippines between 2021 and 2022 were United States ($887k), United Kingdom ($406k), and Netherlands ($234k).

Imports In 2022, Philippines imported $69M in Awnings, Tents, and Sails, becoming the 23rd largest importer of Awnings, Tents, and Sails in the world. At the same year, Awnings, Tents, and Sails was the 334th most imported product in Philippines. Philippines imports Awnings, Tents, and Sails primarily from: China ($59.9M), Vietnam ($2.58M), Chinese Taipei ($1.47M), Malaysia ($1.22M), and India ($797k).

The fastest growing import markets in Awnings, Tents, and Sails for Philippines between 2021 and 2022 were China ($18.4M), Vietnam ($1.73M), and Malaysia ($813k).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Awnings, Tents, and Sails exports accounted up to $212k and imports accounted up to $178k, resulting in a positive trade balance of $34.1k. Between June 2023 and June 2024 the exports of Philippines'   Awnings, Tents, and Sails have decreased by $-309k (-59.4%) from $521k to $212k, while imports decreased by $-2.64M (-93.7%) from $2.82M to $178k.

Destinations In June 2024, Awnings, Tents, and Sails were exported mostly to United Kingdom ($83.6k), Thailand ($39.4k), Japan ($32.5k), Germany ($27.6k), and United States ($8.59k), and were imported mostly from Vietnam ($135k), United States ($20.5k), Pakistan ($9.65k), Italy ($4.22k), and Bangladesh ($4.21k).

Growth In June 2024, the decrease in Awnings, Tents, and Sails's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the decrease in Awnings, Tents, and Sails's year-by-year imports was explained primarily by a decrease in imports from China ($-5.53M or -79.1%), Vietnam ($-268k or -92.9%), and Bangladesh ($-29.3k or -99%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-309k(-59.4%)
IMPORT GROWTH (June 2023 - June 2024)$-2.64M(-93.7%)
MAIN DESTINATION (June 2024)United Kingdom$83.6k

This section shows Awnings, Tents, and Sails'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 Awnings, Tents, and Sails over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$7.8M
IMPORTS (2022)$69M
NET TRADE (2022)-$61.2M

In 2022, Philippines exported $7.8M in Awnings, Tents, and Sails. The main destinations of Philippines exports on Awnings, Tents, and Sails were United States ($2.6M), United Kingdom ($1.87M), Japan ($413k), Netherlands ($366k), and Czechia ($359k).

In 2022, Philippines imported $69M in Awnings, Tents, and Sails, mainly from China ($59.9M), Vietnam ($2.58M), Chinese Taipei ($1.47M), Malaysia ($1.22M), and India ($797k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Awnings, Tents, and Sails EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United States$887k (51.8%)
United Kingdom$406k (27.8%)
Netherlands$234k (176%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Awnings, Tents, and Sails BY Philippines WERE (2021 - 2022):
Nigeria-$298k (-100%)
Portugal-$103k (-43.7%)
Spain-$32k (-44.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Awnings, Tents, and Sails were:
China $4.04B
Bangladesh $460M
Germany $358M
In 2022, Philippines's main importing competitors in Awnings, Tents, and Sails were:
United States $1.53B
Germany $705M
France $415M

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Trade Value of Awnings, Tents, and Sails by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.76M
TOP IMPORT POTENTIALChina+ $3.92M

Awnings, Tents, and Sails’s highest export potential is United States. With an export gap of $1.76M.   Awnings, Tents, and Sails’s highest import potential is China with an import gap of $3.92M.

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