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2022
ExportsfalseWorld Rnk 29 / 193
Flag Rnk 155 / 1127
2021 - 2022
FASTEST GROWING MARKET $323kKuwait
2022
PRODUCT COMPLEXITY IN Knit Women's Undergarments-1.38Rnk 928 / 1025
2022
Origin $14.7MN/A
2021 - 2022
FASTEST GROWING ORIGIN $14.7MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

The fastest growing export markets for Knit Women's Undergarments of Philippines between 2021 and 2022 were Kuwait ($323k), Germany ($229k), and United Kingdom ($228k).

The fastest growing import markets in Knit Women's Undergarments for Philippines between 2021 and 2022 were China ($14.7M), Thailand ($692k), and Bangladesh ($521k).

COMPANIES In 2023, leading companies such as JP Boden Services (2) and Amazon (1) were at the forefront of shipping Knit Women's Undergarments from Philippines to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Knit Women's Undergarments exports accounted up to $2.02M and imports accounted up to $397k, resulting in a positive trade balance of $1.63M. Between June 2023 and June 2024 the exports of Philippines'   Knit Women's Undergarments have decreased by $-1.81M (-47.2%) from $3.83M to $2.02M, while imports decreased by $-534k (-57.4%) from $932k to $397k.

Destinations In June 2024, Knit Women's Undergarments were exported mostly to N/A, and were imported mostly from N/A.

Growth In June 2024, the decrease in Knit Women's Undergarments's year-by-year exports was explained primarily by a decrease in exports to United States ($-595k or -51.8%), Canada ($-156k or -86.5%), and South Korea ($-17.5k or -7.77%). In June 2024, the decrease in Knit Women's Undergarments's year-by-year imports was explained primarily by a decrease in imports from N/A.

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-1.81M(-47.2%)
IMPORT GROWTH (June 2023 - June 2024)$-534k(-57.4%)

This section shows Knit Women's Undergarments'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 Knit Women's Undergarments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$59.9M

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Women's Undergarments EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Kuwait$323k (414%)
Germany$229k (399%)
United Kingdom$228k (298%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Women's Undergarments BY Philippines WERE (2021 - 2022):
United States-$1.2M (-2.56%)
South Korea-$572k (-5.7%)
Poland-$436k (-67.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Knit Women's Undergarments were:
China $6.96B
Bangladesh $1.74B
Vietnam $1.05B
In 2022, Philippines's main importing competitors in Knit Women's Undergarments were:
United States $4.19B
Germany $1.23B
United Kingdom $817M

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Trade Value of Knit Women's Undergarments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.94M
TOP IMPORT POTENTIALVietnam+ $1.95M

Knit Women's Undergarments’s highest export potential is United States. With an export gap of $7.94M.   Knit Women's Undergarments’s highest import potential is Vietnam with an import gap of $1.95M.

See methodology.

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