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2022
Exports $75.8MWorld Rnk 35 / 219
Flag Rnk 135 / 1127
2022
Destination $9.34M Japan
2021 - 2022
FASTEST GROWING MARKET $9.34MUnited States
2022
PRODUCT COMPLEXITY IN Other toys0.27Rnk 463 / 1025
2022
Imports $817MWorld Rnk 21 / 222
Flag Rnk 34 / 1201
2022
Origin $309M China
2021 - 2022
FASTEST GROWING ORIGIN $309MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $75.8M in Other toys, making it the 35th largest exporter of Other toys in the world. At the same year, Other toys was the 135th most exported product in Philippines. The main destination of Other toys exports from Philippines are: Japan ($28M), United States ($26.4M), South Korea ($5.44M), United Kingdom ($3.79M), and Netherlands ($1.93M).

The fastest growing export markets for Other toys of Philippines between 2021 and 2022 were United States ($9.34M), Japan ($5.19M), and Germany ($289k).

Imports In 2022, Philippines imported $817M in Other toys, becoming the 21st largest importer of Other toys in the world. At the same year, Other toys was the 34th most imported product in Philippines. Philippines imports Other toys primarily from: China ($799M), Japan ($3.45M), Vietnam ($3.23M), South Korea ($2.52M), and Malaysia ($1.65M).

The fastest growing import markets in Other toys for Philippines between 2021 and 2022 were China ($309M), Malaysia ($1.44M), and Vietnam ($1.42M).

COMPANIES In 2023, leading companies such as Euromarket Designs (3) and Badcock Home Furniture (1) were at the forefront of shipping Other toys from Philippines to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Philippines' Other toys exports accounted up to $5.11M and imports accounted up to $19.7M, resulting in a negative trade balance of $14.6M. Between October 2023 and October 2024 the exports of Philippines'   Other toys have increased by $2.09M (68.9%) from $3.02M to $5.11M, while imports decreased by $-355k (-1.77%) from $20.1M to $19.7M.

Destinations In October 2024, Other toys were exported mostly to Japan ($2.81M), United States ($866k), South Korea ($394k), Netherlands ($269k), and China ($169k), and were imported mostly from China ($18.4M), Indonesia ($373k), Japan ($200k), Hong Kong ($185k), and Vietnam ($109k).

Growth In October 2024, the increase in Other toys's year-by-year exports was explained primarily by an increase in exports to South Korea ($187k or 76.7%), Chinese Taipei ($15.6k or 256%), and Marshall Islands ($629 or 104%). In October 2024, the decrease in Other toys's year-by-year imports was explained primarily by a decrease in imports from Vietnam ($-217k or -41%), Hong Kong ($-204k or -80.9%), and United States ($-97.1k or -74.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$2.09M(68.9%)
IMPORT GROWTH (October 2023 - October 2024)$-355k(-1.77%)
MAIN DESTINATION (October 2024)Japan$2.81M

This section shows Other toys'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 Other toys over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$75.8M
IMPORTS (2022)$817M
NET TRADE (2022)-$741M

In 2022, Philippines exported $75.8M in Other toys. The main destinations of Philippines exports on Other toys were Japan ($28M), United States ($26.4M), South Korea ($5.44M), United Kingdom ($3.79M), and Netherlands ($1.93M).

In 2022, Philippines imported $817M in Other toys, mainly from China ($799M), Japan ($3.45M), Vietnam ($3.23M), South Korea ($2.52M), and Malaysia ($1.65M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other toys EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United States$9.34M (54.7%)
Japan$5.19M (22.8%)
Germany$289k (23.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other toys BY Philippines WERE (2021 - 2022):
Vietnam-$1.32M (-95.4%)
Australia-$943k (-50%)
United Kingdom-$468k (-11%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Other toys were:
China $47.6B
Czechia $2.86B
Germany $2.4B
In 2022, Philippines's main importing competitors in Other toys were:
United States $18.6B
Germany $4.4B
United Kingdom $3.06B

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Trade Value of Other toys by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $23.4M
TOP IMPORT POTENTIALChina+ $53.9M

Other toys’s highest export potential is United States. With an export gap of $23.4M.   Other toys’s highest import potential is China with an import gap of $53.9M.

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