2023
Exports
$35.6MWorld Rnk 19 / 168
Flag Rnk 197 / 1123
2023
PRODUCT COMPLEXITY IN Eyewear Frames
0.98Rnk 182 / 1025
2023
Imports
$53.9MWorld Rnk 30 / 213
Flag Rnk 325 / 1202
2023
ECONOMIC COMPLEXITY of Philippines
0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $35.6M in Eyewear Frames, making it the 19th largest exporter of Eyewear Frames in the world. At the same year, Eyewear Frames was the 197th most exported product in Philippines. The main destination of Eyewear Frames exports from Philippines are: China ($16.2M), Denmark ($13.2M), Japan ($2.14M), Australia ($1.76M), and Hong Kong ($1.71M).

The fastest growing export markets for Eyewear Frames of Philippines between 2022 and 2023 were China ($15.4M), Australia ($1.74M), and Hong Kong ($650k).

Imports In 2023, Philippines imported $53.9M in Eyewear Frames, becoming the 30th largest importer of Eyewear Frames in the world. At the same year, Eyewear Frames was the 325th most imported product in Philippines. Philippines imports Eyewear Frames primarily from: Denmark ($21.5M), China ($21M), South Korea ($3.54M), Chinese Taipei ($3M), and Hong Kong ($1.22M).

The fastest growing import markets in Eyewear Frames for Philippines between 2022 and 2023 were Denmark ($12.6M), South Korea ($2.08M), and Chinese Taipei ($1.52M).

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-1.88M(-48.1%)
IMPORT GROWTH (July 2023 - July 2024)$-416k(-12.7%)
MAIN DESTINATION (July 2024)Denmark$631k

This section shows Eyewear Frames'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 Eyewear Frames over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$35.6M
IMPORTS (2023)$53.9M
NET TRADE (2023)-$18.2M

In 2023, Philippines exported $35.6M in Eyewear Frames. The main destinations of Philippines exports on Eyewear Frames were China ($16.2M), Denmark ($13.2M), Japan ($2.14M), Australia ($1.76M), and Hong Kong ($1.71M).

In 2023, Philippines imported $53.9M in Eyewear Frames, mainly from Denmark ($21.5M), China ($21M), South Korea ($3.54M), Chinese Taipei ($3M), and Hong Kong ($1.22M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Eyewear Frames EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
China$15.4M (1.93k%)
Australia$1.74M (9.62k%)
Hong Kong$650k (61.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Eyewear Frames BY Philippines WERE (2022 - 2023):
Thailand-$685k (-90.8%)
Singapore-$301k (-88.6%)
United States-$87.1k (-28.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Philippines's main exporting competitors in Eyewear Frames were:
China $3.31B
Italy $1.64B
Japan $311M
In 2023, Philippines's main importing competitors in Eyewear Frames were:

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Trade Value of Eyewear Frames by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALHong Kong+ $981k
TOP IMPORT POTENTIALChina+ $6.49M

Eyewear Frames’s highest export potential is Hong Kong. With an export gap of $981k.   Eyewear Frames’s highest import potential is China with an import gap of $6.49M.

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