House Linens in Philippines 2021 Exports | Imports : $4.89M | $231M, World Rnk 73 / 217 Rnk 403 / 1111 | World Rnk 22 / 222 Rnk 129 / 1203
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $1.34M | $54.7M, United States | China
2021 ECONOMIC COMPLEXITY of Philippines: 0.72, Rnk 37 / 131
2021 PRODUCT COMPLEXITY IN House Linens: -1.5, Rnk 956 / 1029
Exports In 2021, Philippines exported $4.89M in House Linens, making it the 73rd largest exporter of House Linens in the world. At the same year, House Linens was the 403rd most exported product in Philippines. The main destination of House Linens exports from Philippines are: United States ($4.09M), Switzerland ($428k), Hong Kong ($43k), Brazil ($40.2k), and Kuwait ($35.4k).
The fastest growing export markets for House Linens of Philippines between 2020 and 2021 were United States ($1.34M), Qatar ($27.9k), and China ($24.6k).
Imports In 2021, Philippines imported $231M in House Linens, becoming the 22nd largest importer of House Linens in the world. At the same year, House Linens was the 129th most imported product in Philippines. Philippines imports House Linens primarily from: China ($221M), India ($3.37M), Pakistan ($1.95M), South Korea ($856k), and Japan ($546k).
The fastest growing import markets in House Linens for Philippines between 2020 and 2021 were China ($54.7M), Pakistan ($1M), and India ($884k).
Tariffs In 2018, the average tariff for Philippines in House Linens was 19%. The countries with the highest import tariffs for House Linens were Angola (Most Favoured Nation duty rate treatment, 20%), Burundi (Most Favoured Nation duty rate treatment, 20%), Benin (Most Favoured Nation duty rate treatment, 20%), Burkina Faso (Most Favoured Nation duty rate treatment, 20%), and Botswana (Most Favoured Nation duty rate treatment, 20%).
August 2021
Overview In August 2021 Philippines' House Linens exports accounted up to N/A354k and imports accounted up to N/A1.69M, resulting in a negative trade balance of N/A1.34M. Between August 2020 and August 2021 the exports of Philippines' House Linens have increased by N/A39.1k (12.4%) from N/A315k to N/A354k, while imports increased by N/A80.1k (4.97%) from N/A1.61M to N/A1.69M.
Destinations In August 2021, House Linens were exported mostly to United States ($328k), Switzerland ($23.6k), Kuwait ($930), Guam ($596), and Hong Kong ($536), and were imported mostly from China ($1.37M), South Korea ($55.8k), India ($54.4k), Indonesia ($46.9k), and Pakistan ($46.7k).
Growth In August 2021, the increase in House Linens's year-by-year exports was explained primarily by an increase in exports to . In August 2021, the increase in House Linens's year-by-year imports was explained primarily by an increase in imports from Pakistan ($34k or 98.4%), Japan ($18.8k or 221%), and Bangladesh ($4.58k or 36.6%).
EXPORT GROWTH (August 2020 - August 2021): N/A39.1k, (12.4%)
IMPORT GROWTH (August 2020 - August 2021): N/A80.1k, (4.97%)
MAIN DESTINATION (August 2021): United States, $328k
This section shows House Linens'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 House Linens over time.
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EXPORTS (2021): $4.89M
IMPORTS (2021): $231M
NET TRADE (2021): -$226M
In 2021, Philippines exported $4.89M in House Linens. The main destinations of Philippines exports on House Linens were United States ($4.09M), Switzerland ($428k), Hong Kong ($43k), Brazil ($40.2k), and Kuwait ($35.4k).
In 2021, Philippines imported $231M in House Linens, mainly from China ($221M), India ($3.37M), Pakistan ($1.95M), South Korea ($856k), and Japan ($546k).
THE FASTEST GROWING House Linens EXPORT MARKETS FOR Philippines WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF House Linens BY Philippines WERE (2020 - 2021):
In 2021, Philippines's main exporting competitors in House Linens were:
In 2021, Philippines's main importing competitors in House Linens were:
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