2022
Exports
$487World Rnk 68 / 86
Flag Rnk 1092 / 1127
2022
PRODUCT COMPLEXITY IN Gimp Yarn
0.54Rnk 354 / 1025
2022
Imports
$129kWorld Rnk 90 / 161
Flag Rnk 1131 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $487 in Gimp Yarn, making it the 68th largest exporter of Gimp Yarn in the world. At the same year, Gimp Yarn was the 1092nd most exported product in Philippines. The main destination of Gimp Yarn exports from Philippines are: South Korea ($487).

The fastest growing export markets for Gimp Yarn of Philippines between 2021 and 2022 were South Korea ($174).

Imports In 2022, Philippines imported $129k in Gimp Yarn, becoming the 90th largest importer of Gimp Yarn in the world. At the same year, Gimp Yarn was the 1131st most imported product in Philippines. Philippines imports Gimp Yarn primarily from: China ($123k), Chinese Taipei ($1.9k), Germany ($1.74k), Italy ($1.54k), and Turkey ($788).

The fastest growing import markets in Gimp Yarn for Philippines between 2021 and 2022 were China ($60.4k), Germany ($1.74k), and Italy ($1.54k).

Latest Trends

Jul 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 Gimp Yarn. 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)$487
IMPORTS (2022)$129k
NET TRADE (2022)-$129k

In 2022, Philippines exported $487 in Gimp Yarn. The main destinations of Philippines exports on Gimp Yarn were South Korea ($487).

In 2022, Philippines imported $129k in Gimp Yarn, mainly from China ($123k), Chinese Taipei ($1.9k), Germany ($1.74k), Italy ($1.54k), and Turkey ($788).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gimp Yarn EXPORT MARKETS FOR Philippines WERE (2021 - 2022):South Korea$174 (55.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Gimp Yarn were:
China $228M
Italy $85.8M
Turkey $59.4M
In 2022, Philippines's main importing competitors in Gimp Yarn were:

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Trade Value of Gimp Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $756
TOP IMPORT POTENTIALChina+ $97.4k

Gimp Yarn’s highest export potential is South Korea. With an export gap of $756.   Gimp Yarn’s highest import potential is China with an import gap of $97.4k.

See methodology.

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