2023
Exports
$372kWorld Rnk 83 / 192
Flag Rnk 702 / 1123
2023
PRODUCT COMPLEXITY IN Bedspreads
-0.97Rnk 823 / 1025
2023
Imports
$16.6MWorld Rnk 45 / 220
Flag Rnk 553 / 1202
2023
ECONOMIC COMPLEXITY of Philippines
0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $372k in Bedspreads, making it the 83rd largest exporter of Bedspreads in the world. At the same year, Bedspreads was the 702nd most exported product in Philippines. The main destination of Bedspreads exports from Philippines are: United States ($236k), China ($24.3k), United Arab Emirates ($23.8k), Canada ($11.7k), and Netherlands ($8.45k).

The fastest growing export markets for Bedspreads of Philippines between 2022 and 2023 were United States ($35.1k), China ($21k), and United Arab Emirates ($7.77k).

Imports In 2023, Philippines imported $16.6M in Bedspreads, becoming the 45th largest importer of Bedspreads in the world. At the same year, Bedspreads was the 553rd most imported product in Philippines. Philippines imports Bedspreads primarily from: China ($12.5M), India ($1.62M), South Korea ($789k), Chinese Taipei ($432k), and Malaysia ($334k).

The fastest growing import markets in Bedspreads for Philippines between 2022 and 2023 were India ($172k), Chinese Taipei ($84.9k), and Thailand ($51.6k).

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-1.27k(-11.5%)
IMPORT GROWTH (July 2023 - July 2024)$-512k(-34.8%)
MAIN DESTINATION (July 2024)United States$8.5k

This section shows Bedspreads'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 Bedspreads over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$372k
IMPORTS (2023)$16.6M
NET TRADE (2023)-$16.2M

In 2023, Philippines exported $372k in Bedspreads. The main destinations of Philippines exports on Bedspreads were United States ($236k), China ($24.3k), United Arab Emirates ($23.8k), Canada ($11.7k), and Netherlands ($8.45k).

In 2023, Philippines imported $16.6M in Bedspreads, mainly from China ($12.5M), India ($1.62M), South Korea ($789k), Chinese Taipei ($432k), and Malaysia ($334k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bedspreads EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
United States$35.1k (17.5%)
China$21k (633%)
United Arab Emirates$7.77k (48.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bedspreads BY Philippines WERE (2022 - 2023):
Netherlands-$41.2k (-83%)
United Kingdom-$16.2k (-100%)
Germany-$13.1k (-71.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Philippines's main exporting competitors in Bedspreads were:
China $1.72B
India $629M
In 2023, Philippines's main importing competitors in Bedspreads were:

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Trade Value of Bedspreads by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $225k
TOP IMPORT POTENTIALIndia+ $3.3M

Bedspreads’s highest export potential is United States. With an export gap of $225k.   Bedspreads’s highest import potential is India with an import gap of $3.3M.

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