Exports In 2021, Philippines exported $107M in Knit Sweaters, making it the 47th largest exporter of Knit Sweaters in the world. At the same year, Knit Sweaters was the 110th most exported product in Philippines. The main destination of Knit Sweaters exports from Philippines are: United States ($54.4M), Japan ($13M), Germany ($7.83M), Canada ($6.97M), and South Korea ($5.19M).
The fastest growing export markets for Knit Sweaters of Philippines between 2020 and 2021 were Japan ($4.61M), Canada ($2.43M), and South Korea ($975k).
Imports In 2021, Philippines imported $260M in Knit Sweaters, becoming the 35th largest importer of Knit Sweaters in the world. At the same year, Knit Sweaters was the 110th most imported product in Philippines. Philippines imports Knit Sweaters primarily from: China ($250M), Spain ($1.86M), Bangladesh ($1.75M), Vietnam ($1.35M), and Singapore ($837k).
The fastest growing import markets in Knit Sweaters for Philippines between 2020 and 2021 were China ($28.7M), Spain ($634k), and Bangladesh ($366k).
Tariffs In 2018, the average tariff for Philippines in Knit Sweaters was 14.2%. The countries with the highest import tariffs for Knit Sweaters were Angola (Most Favoured Nation duty rate treatment, 15%), Burundi (Most Favoured Nation duty rate treatment, 15%), Benin (Most Favoured Nation duty rate treatment, 15%), Burkina Faso (Most Favoured Nation duty rate treatment, 15%), and Botswana (Most Favoured Nation duty rate treatment, 15%).