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2022
Exports $12.1kWorld Rnk 71 / 132
Flag Rnk 983 / 1127
2022
Destination $9.19k Malaysia
2021 - 2022
FASTEST GROWING MARKET $9.19kMalaysia
2022
PRODUCT COMPLEXITY IN Cooking Hand Tools0.5Rnk 368 / 1025
2022
Imports $7.09MWorld Rnk 22 / 209
Flag Rnk 779 / 1201
2022
Origin $1.85M China
2021 - 2022
FASTEST GROWING ORIGIN $1.85MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $12.1k in Cooking Hand Tools, making it the 71st largest exporter of Cooking Hand Tools in the world. At the same year, Cooking Hand Tools was the 983rd most exported product in Philippines. The main destination of Cooking Hand Tools exports from Philippines are: Malaysia ($9.19k), Saudi Arabia ($1k), New Zealand ($897), Sri Lanka ($472), and France ($230).

The fastest growing export markets for Cooking Hand Tools of Philippines between 2021 and 2022 were Malaysia ($9.19k), Saudi Arabia ($1k), and Sri Lanka ($472).

Imports In 2022, Philippines imported $7.09M in Cooking Hand Tools, becoming the 22nd largest importer of Cooking Hand Tools in the world. At the same year, Cooking Hand Tools was the 779th most imported product in Philippines. Philippines imports Cooking Hand Tools primarily from: China ($6.87M), United States ($139k), Chinese Taipei ($16.7k), Germany ($15.3k), and Italy ($10.1k).

The fastest growing import markets in Cooking Hand Tools for Philippines between 2021 and 2022 were China ($1.85M), United States ($31.3k), and Chinese Taipei ($11.8k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Cooking Hand Tools. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$12.1k
IMPORTS (2022)$7.09M
NET TRADE (2022)-$7.08M

In 2022, Philippines exported $12.1k in Cooking Hand Tools. The main destinations of Philippines exports on Cooking Hand Tools were Malaysia ($9.19k), Saudi Arabia ($1k), New Zealand ($897), Sri Lanka ($472), and France ($230).

In 2022, Philippines imported $7.09M in Cooking Hand Tools, mainly from China ($6.87M), United States ($139k), Chinese Taipei ($16.7k), Germany ($15.3k), and Italy ($10.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cooking Hand Tools EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Malaysia$9.19k (1%)
Saudi Arabia$1k (1%)
Sri Lanka$472 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cooking Hand Tools BY Philippines WERE (2021 - 2022):
Norway-$32.5k (-100%)
Thailand-$4.41k (-100%)
Australia-$2.45k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Cooking Hand Tools were:
China $357M
Germany $40.9M
France $33.7M
In 2022, Philippines's main importing competitors in Cooking Hand Tools were:
United States $105M
Germany $48.9M
Canada $22M

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Trade Value of Cooking Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $2.68k
TOP IMPORT POTENTIALUnited States+ $76.2k

Cooking Hand Tools’s highest export potential is Malaysia. With an export gap of $2.68k.   Cooking Hand Tools’s highest import potential is United States with an import gap of $76.2k.

See methodology.

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