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2022
Exports $17.3MWorld Rnk 32 / 209
Flag Rnk 281 / 1127
2022
Destination $1.12M United States
2021 - 2022
FASTEST GROWING MARKET $1.12MUnited States
2022
PRODUCT COMPLEXITY IN Imitation Jewellery0.28Rnk 462 / 1025
2022
Imports $25.9MWorld Rnk 47 / 220
Flag Rnk 525 / 1201
2022
Origin $242k China
2021 - 2022
FASTEST GROWING ORIGIN $242kSwitzerland
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $17.3M in Imitation Jewellery, making it the 32nd largest exporter of Imitation Jewellery in the world. At the same year, Imitation Jewellery was the 281st most exported product in Philippines. The main destination of Imitation Jewellery exports from Philippines are: United States ($6.59M), Luxembourg ($3.05M), France ($2.43M), Australia ($466k), and Spain ($399k).

The fastest growing export markets for Imitation Jewellery of Philippines between 2021 and 2022 were United States ($1.12M), Malaysia ($299k), and Luxembourg ($290k).

Imports In 2022, Philippines imported $25.9M in Imitation Jewellery, becoming the 47th largest importer of Imitation Jewellery in the world. At the same year, Imitation Jewellery was the 525th most imported product in Philippines. Philippines imports Imitation Jewellery primarily from: China ($21.5M), Hong Kong ($1.15M), Singapore ($565k), France ($471k), and Switzerland ($347k).

The fastest growing import markets in Imitation Jewellery for Philippines between 2021 and 2022 were Switzerland ($242k), Italy ($224k), and Singapore ($197k).

COMPANIES In 2023, leading companies such as Del Monte Foods (8) were at the forefront of shipping Imitation Jewellery from Philippines to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Philippines' Imitation Jewellery exports accounted up to $1.21M and imports accounted up to $380k, resulting in a positive trade balance of $826k. Between August 2023 and August 2024 the exports of Philippines'   Imitation Jewellery have increased by $482k (66.6%) from $724k to $1.21M, while imports decreased by $-203k (-34.9%) from $583k to $380k.

Destinations In August 2024, Imitation Jewellery were exported mostly to United States ($546k), Luxembourg ($403k), France ($68.7k), Australia ($27.9k), and Germany ($25.1k), and were imported mostly from China ($119k), Hong Kong ($76.6k), Italy ($69.2k), Germany ($23.4k), and United States ($15.4k).

Growth In August 2024, the increase in Imitation Jewellery's year-by-year exports was explained primarily by an increase in exports to Luxembourg ($361k or 154%), United States ($36.3k or 15.2%), and Hong Kong ($12.7k or 39.1%). In August 2024, the decrease in Imitation Jewellery's year-by-year imports was explained primarily by a decrease in imports from Hong Kong ($-79.6k or -56.9%), Switzerland ($-41.8k or -69.9%), and Luxembourg ($-26.7k or -90%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$482k(66.6%)
IMPORT GROWTH (August 2023 - August 2024)$-203k(-34.9%)
MAIN DESTINATION (August 2024)United States$546k

This section shows Imitation Jewellery'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 Imitation Jewellery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$17.3M
IMPORTS (2022)$25.9M
NET TRADE (2022)-$8.64M

In 2022, Philippines exported $17.3M in Imitation Jewellery. The main destinations of Philippines exports on Imitation Jewellery were United States ($6.59M), Luxembourg ($3.05M), France ($2.43M), Australia ($466k), and Spain ($399k).

In 2022, Philippines imported $25.9M in Imitation Jewellery, mainly from China ($21.5M), Hong Kong ($1.15M), Singapore ($565k), France ($471k), and Switzerland ($347k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Imitation Jewellery EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United States$1.12M (20.5%)
Malaysia$299k (1.62k%)
Luxembourg$290k (10.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Imitation Jewellery BY Philippines WERE (2021 - 2022):
Australia-$215k (-31.5%)
Canada-$201k (-38.2%)
France-$195k (-7.46%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Imitation Jewellery were:
China $4.1B
France $730M
Italy $557M
In 2022, Philippines's main importing competitors in Imitation Jewellery were:
United States $1.3B
France $578M
Germany $506M

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Trade Value of Imitation Jewellery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.62M
TOP IMPORT POTENTIALChina+ $5.44M

Imitation Jewellery’s highest export potential is United States. With an export gap of $2.62M.   Imitation Jewellery’s highest import potential is China with an import gap of $5.44M.

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