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2022
Exports $9.55MWorld Rnk 28 / 186
Flag Rnk 341 / 1127
2022
Destination $4.08M United States
2021 - 2022
FASTEST GROWING MARKET $4.08MUnited States
2022
PRODUCT COMPLEXITY IN Non-Knit Babies' Garments-1.4Rnk 932 / 1025
2022
Imports $2.99MWorld Rnk 70 / 215
Flag Rnk 887 / 1201
2022
Origin $612k China
2021 - 2022
FASTEST GROWING ORIGIN $612kThailand
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $9.55M in Non-Knit Babies' Garments, making it the 28th largest exporter of Non-Knit Babies' Garments in the world. At the same year, Non-Knit Babies' Garments was the 341st most exported product in Philippines. The main destination of Non-Knit Babies' Garments exports from Philippines are: United States ($6.54M), United Arab Emirates ($1.27M), Indonesia ($430k), United Kingdom ($320k), and Spain ($170k).

The fastest growing export markets for Non-Knit Babies' Garments of Philippines between 2021 and 2022 were United States ($4.08M), United Arab Emirates ($176k), and Canada ($97.2k).

Imports In 2022, Philippines imported $2.99M in Non-Knit Babies' Garments, becoming the 70th largest importer of Non-Knit Babies' Garments in the world. At the same year, Non-Knit Babies' Garments was the 887th most imported product in Philippines. Philippines imports Non-Knit Babies' Garments primarily from: China ($1.19M), Thailand ($1.05M), Spain ($253k), Bangladesh ($194k), and Japan ($67.6k).

The fastest growing import markets in Non-Knit Babies' Garments for Philippines between 2021 and 2022 were Thailand ($612k), China ($453k), and Spain ($171k).

COMPANIES In 2023, leading companies such as Gap (1) and Banana Republic (1) were at the forefront of shipping Non-Knit Babies' Garments from Philippines to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Non-Knit Babies' Garments exports accounted up to $409k and imports accounted up to $15.1k, resulting in a positive trade balance of $394k. Between June 2023 and June 2024 the exports of Philippines'   Non-Knit Babies' Garments have increased by $105k (34.6%) from $304k to $409k, while imports decreased by $-19.9k (-56.8%) from $35k to $15.1k.

Destinations In June 2024, Non-Knit Babies' Garments were exported mostly to United States ($335k), Italy ($28.9k), United Kingdom ($19.7k), Spain ($9.02k), and China ($8k), and were imported mostly from Japan ($5.95k), Bangladesh ($2.85k), Vietnam ($2.12k), France ($1.82k), and India ($1.73k).

Growth In June 2024, the increase in Non-Knit Babies' Garments's year-by-year exports was explained primarily by an increase in exports to Italy ($21.8k or 320%), Spain ($19.2k or 11.9%), and United Kingdom ($3.12k or 8.23%). In June 2024, the decrease in Non-Knit Babies' Garments's year-by-year imports was explained primarily by a decrease in imports from Burma ($-66 or -50%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$105k(34.6%)
IMPORT GROWTH (June 2023 - June 2024)$-19.9k(-56.8%)
MAIN DESTINATION (June 2024)United States$335k

This section shows Non-Knit Babies' Garments'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 Non-Knit Babies' Garments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$9.55M
IMPORTS (2022)$2.99M
NET TRADE (2022)$6.56M

In 2022, Philippines exported $9.55M in Non-Knit Babies' Garments. The main destinations of Philippines exports on Non-Knit Babies' Garments were United States ($6.54M), United Arab Emirates ($1.27M), Indonesia ($430k), United Kingdom ($320k), and Spain ($170k).

In 2022, Philippines imported $2.99M in Non-Knit Babies' Garments, mainly from China ($1.19M), Thailand ($1.05M), Spain ($253k), Bangladesh ($194k), and Japan ($67.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Knit Babies' Garments EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United States$4.08M (167%)
United Arab Emirates$176k (16%)
Canada$97.2k (218%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Babies' Garments BY Philippines WERE (2021 - 2022):
Saudi Arabia-$1.23M (-100%)
Spain-$133k (-43.8%)
South Korea-$127k (-80.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Non-Knit Babies' Garments were:
China $566M
Bangladesh $413M
India $236M
In 2022, Philippines's main importing competitors in Non-Knit Babies' Garments were:
United States $484M
Germany $210M
France $183M

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Trade Value of Non-Knit Babies' Garments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $607k
TOP IMPORT POTENTIALChina+ $793k

Non-Knit Babies' Garments’s highest export potential is United States. With an export gap of $607k.   Non-Knit Babies' Garments’s highest import potential is China with an import gap of $793k.

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