Non-Knit Women's Suits in Philippines 2021 Exports | Imports : $113M | $259M, World Rnk 40 / 224 Rnk 103 / 1111 | World Rnk 42 / 221 Rnk 112 / 1203
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $1.85M | $37.4M, France | China
2021 ECONOMIC COMPLEXITY of Philippines: 0.72, Rnk 37 / 131
2021 PRODUCT COMPLEXITY IN Non-Knit Women's Suits: -1.17, Rnk 881 / 1029
Exports In 2021, Philippines exported $113M in Non-Knit Women's Suits, making it the 40th largest exporter of Non-Knit Women's Suits in the world. At the same year, Non-Knit Women's Suits was the 103rd most exported product in Philippines. The main destination of Non-Knit Women's Suits exports from Philippines are: United States ($51.6M), Japan ($10.1M), Canada ($8.73M), United Kingdom ($5.65M), and Germany ($4.96M).
The fastest growing export markets for Non-Knit Women's Suits of Philippines between 2020 and 2021 were France ($1.85M), United States ($1.64M), and Germany ($851k).
Imports In 2021, Philippines imported $259M in Non-Knit Women's Suits, becoming the 42nd largest importer of Non-Knit Women's Suits in the world. At the same year, Non-Knit Women's Suits was the 112th most imported product in Philippines. Philippines imports Non-Knit Women's Suits primarily from: China ($229M), Spain ($6.1M), Malaysia ($4.98M), Indonesia ($2.78M), and Bangladesh ($2.4M).
The fastest growing import markets in Non-Knit Women's Suits for Philippines between 2020 and 2021 were China ($37.4M), Spain ($2.01M), and Morocco ($1.32M).
Tariffs In 2018, the average tariff for Philippines in Non-Knit Women's Suits was 14.2%. The countries with the highest import tariffs for Non-Knit Women's Suits 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%).
August 2021
Overview In August 2021 Philippines' Non-Knit Women's Suits exports accounted up to N/A9.9M and imports accounted up to N/A2.74M, resulting in a positive trade balance of N/A7.16M. Between August 2020 and August 2021 the exports of Philippines' Non-Knit Women's Suits have increased by N/A1.56M (18.7%) from N/A8.34M to N/A9.9M, while imports increased by N/A412k (17.7%) from N/A2.33M to N/A2.74M.
Destinations In August 2021, Non-Knit Women's Suits were exported mostly to United States ($6.34M), Japan ($588k), Netherlands ($447k), China ($442k), and South Korea ($410k), and were imported mostly from China ($1.68M), Turkey ($267k), Indonesia ($229k), Vietnam ($79.7k), and Bangladesh ($77.9k).
Growth In August 2021, the increase in Non-Knit Women's Suits's year-by-year exports was explained primarily by an increase in exports to United States ($2.96M or 60.9%), Japan ($116k or 18.3%), and United Kingdom ($102k or 68.5%). In August 2021, the increase in Non-Knit Women's Suits's year-by-year imports was explained primarily by an increase in imports from China ($2.87M or 77.6%), Bangladesh ($428k or 82.3%), and Spain ($307k or 158%).
EXPORT GROWTH (August 2020 - August 2021): N/A1.56M, (18.7%)
IMPORT GROWTH (August 2020 - August 2021): N/A412k, (17.7%)
MAIN DESTINATION (August 2021): United States, $6.34M
This section shows Non-Knit Women's Suits'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 Women's Suits over time.
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EXPORTS (2021): $113M
IMPORTS (2021): $259M
NET TRADE (2021): -$146M
In 2021, Philippines exported $113M in Non-Knit Women's Suits. The main destinations of Philippines exports on Non-Knit Women's Suits were United States ($51.6M), Japan ($10.1M), Canada ($8.73M), United Kingdom ($5.65M), and Germany ($4.96M).
In 2021, Philippines imported $259M in Non-Knit Women's Suits, mainly from China ($229M), Spain ($6.1M), Malaysia ($4.98M), Indonesia ($2.78M), and Bangladesh ($2.4M).
THE FASTEST GROWING Non-Knit Women's Suits EXPORT MARKETS FOR Philippines WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Women's Suits BY Philippines WERE (2020 - 2021):
In 2021, Philippines's main exporting competitors in Non-Knit Women's Suits were:
In 2021, Philippines's main importing competitors in Non-Knit Women's Suits were:
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