Non-Knit Men's Shirts in Philippines 2021 Exports | Imports : $51.6M | $16.8M, World Rnk 32 / 212 Rnk 163 / 1111 | World Rnk 58 / 222 Rnk 590 / 1203
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $1.05M | $951k, South Korea | Malaysia
2021 ECONOMIC COMPLEXITY of Philippines: 0.72, Rnk 37 / 131
2021 PRODUCT COMPLEXITY IN Non-Knit Men's Shirts: -1.2, Rnk 883 / 1024
Exports In 2021, Philippines exported $51.6M in Non-Knit Men's Shirts, making it the 32nd largest exporter of Non-Knit Men's Shirts in the world. At the same year, Non-Knit Men's Shirts was the 163rd most exported product in Philippines. The main destination of Non-Knit Men's Shirts exports from Philippines are: United States ($13.8M), Germany ($6M), Italy ($5.4M), Japan ($3.3M), and South Korea ($2.85M).
The fastest growing export markets for Non-Knit Men's Shirts of Philippines between 2020 and 2021 were South Korea ($1.05M), Switzerland ($898k), and China ($740k).
Imports In 2021, Philippines imported $16.8M in Non-Knit Men's Shirts, becoming the 58th largest importer of Non-Knit Men's Shirts in the world. At the same year, Non-Knit Men's Shirts was the 590th most imported product in Philippines. Philippines imports Non-Knit Men's Shirts primarily from: China ($4.03M), Malaysia ($3.79M), Hong Kong ($3.21M), Bangladesh ($1.23M), and India ($650k).
The fastest growing import markets in Non-Knit Men's Shirts for Philippines between 2020 and 2021 were Malaysia ($951k), Hong Kong ($696k), and Morocco ($435k).
August 2021
Overview In August 2021 Philippines' Non-Knit Men's Shirts exports accounted up to N/A2.19M and imports accounted up to N/A840k, resulting in a positive trade balance of N/A1.35M. Between August 2020 and August 2021 the exports of Philippines' Non-Knit Men's Shirts have decreased by N/A-727k (-24.9%) from N/A2.92M to N/A2.19M, while imports decreased by N/A-1.22M (-59.2%) from N/A2.06M to N/A840k.
Destinations In August 2021, Non-Knit Men's Shirts were exported mostly to United States ($1.35M), Italy ($420k), Hong Kong ($217k), Japan ($119k), and Canada ($46.3k), and were imported mostly from Hong Kong ($299k), China ($273k), India ($69k), Bangladesh ($63.7k), and Malaysia ($41k).
Growth In August 2021, the decrease in Non-Knit Men's Shirts's year-by-year exports was explained primarily by a decrease in exports to United Kingdom ($-415k or -96.1%), Germany ($-49.2k or -60.2%), and United Arab Emirates ($-16.8k or -77%). In August 2021, the decrease in Non-Knit Men's Shirts's year-by-year imports was explained primarily by a decrease in imports from Hong Kong ($-362k or -48.8%), Thailand ($-263k or -98.8%), and Bangladesh ($-186k or -50.8%).
EXPORT GROWTH (August 2020 - August 2021): N/A-727k, (-24.9%)
IMPORT GROWTH (August 2020 - August 2021): N/A-1.22M, (-59.2%)
MAIN DESTINATION (August 2021): United States, $1.35M
This section shows Non-Knit Men's Shirts'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 Men's Shirts over time.
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EXPORTS (2021): $51.6M
IMPORTS (2021): $16.8M
NET TRADE (2021): $34.8M
In 2021, Philippines exported $51.6M in Non-Knit Men's Shirts. The main destinations of Philippines exports on Non-Knit Men's Shirts were United States ($13.8M), Germany ($6M), Italy ($5.4M), Japan ($3.3M), and South Korea ($2.85M).
In 2021, Philippines imported $16.8M in Non-Knit Men's Shirts, mainly from China ($4.03M), Malaysia ($3.79M), Hong Kong ($3.21M), Bangladesh ($1.23M), and India ($650k).
THE FASTEST GROWING Non-Knit Men's Shirts EXPORT MARKETS FOR Philippines WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Men's Shirts BY Philippines WERE (2020 - 2021):
In 2021, Philippines's main exporting competitors in Non-Knit Men's Shirts were:
In 2021, Philippines's main importing competitors in Non-Knit Men's Shirts were:
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