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2022
Exports $54.8MWorld Rnk 31 / 198
Flag Rnk 161 / 1127
2022
Destination $4.09M United States
2021 - 2022
FASTEST GROWING MARKET $4.09MSouth Korea
2022
PRODUCT COMPLEXITY IN Other Women's Undergarments-1.16Rnk 870 / 1025
2022
Imports $81.6MWorld Rnk 34 / 218
Flag Rnk 306 / 1201
2022
Origin $12.5M China
2021 - 2022
FASTEST GROWING ORIGIN $12.5MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $54.8M in Other Women's Undergarments, making it the 31st largest exporter of Other Women's Undergarments in the world. At the same year, Other Women's Undergarments was the 161st most exported product in Philippines. The main destination of Other Women's Undergarments exports from Philippines are: United States ($27.6M), South Korea ($23.2M), Canada ($1.23M), Japan ($641k), and Malaysia ($344k).

The fastest growing export markets for Other Women's Undergarments of Philippines between 2021 and 2022 were South Korea ($4.09M), United States ($1.43M), and Kuwait ($274k).

Imports In 2022, Philippines imported $81.6M in Other Women's Undergarments, becoming the 34th largest importer of Other Women's Undergarments in the world. At the same year, Other Women's Undergarments was the 306th most imported product in Philippines. Philippines imports Other Women's Undergarments primarily from: China ($70.4M), Vietnam ($3.3M), Indonesia ($2.27M), Thailand ($1.92M), and Hong Kong ($1.46M).

The fastest growing import markets in Other Women's Undergarments for Philippines between 2021 and 2022 were China ($12.5M), Vietnam ($1.5M), and Thailand ($793k).

COMPANIES In 2023, leading companies such as Reebok (1) were at the forefront of shipping Other Women's Undergarments from Philippines to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Philippines' Other Women's Undergarments exports accounted up to $3.11M and imports accounted up to $2.96M, resulting in a positive trade balance of $154k. Between August 2023 and August 2024 the exports of Philippines'   Other Women's Undergarments have increased by $432k (16.1%) from $2.68M to $3.11M, while imports increased by $1.29M (77.1%) from $1.67M to $2.96M.

Destinations In August 2024, Other Women's Undergarments were exported mostly to United States ($2.36M), South Korea ($504k), United Kingdom ($113k), Malaysia ($77.6k), and Japan ($39.7k), and were imported mostly from China ($2.06M), Vietnam ($582k), Indonesia ($189k), Sri Lanka ($52.7k), and Japan ($32.5k).

Growth In August 2024, the increase in Other Women's Undergarments's year-by-year exports was explained primarily by an increase in exports to Canada ($20.2k or 17.5%). In August 2024, the increase in Other Women's Undergarments's year-by-year imports was explained primarily by an increase in imports from China ($767k or 107%), Thailand ($111k or 1.65k%), and Japan ($100k or 501%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$432k(16.1%)
IMPORT GROWTH (August 2023 - August 2024)$1.29M(77.1%)
MAIN DESTINATION (August 2024)United States$2.36M

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

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Historical Data

Trade Balance

Color
EXPORTS (2022)$54.8M
IMPORTS (2022)$81.6M
NET TRADE (2022)-$26.7M

In 2022, Philippines exported $54.8M in Other Women's Undergarments. The main destinations of Philippines exports on Other Women's Undergarments were United States ($27.6M), South Korea ($23.2M), Canada ($1.23M), Japan ($641k), and Malaysia ($344k).

In 2022, Philippines imported $81.6M in Other Women's Undergarments, mainly from China ($70.4M), Vietnam ($3.3M), Indonesia ($2.27M), Thailand ($1.92M), and Hong Kong ($1.46M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Women's Undergarments EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
South Korea$4.09M (21.4%)
United States$1.43M (5.47%)
Kuwait$274k (2.76k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Women's Undergarments BY Philippines WERE (2021 - 2022):
Finland-$343k (-97.8%)
France-$140k (-83.2%)
Australia-$135k (-86.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Other Women's Undergarments were:
China $5.01B
Vietnam $1.28B
Bangladesh $820M
In 2022, Philippines's main importing competitors in Other Women's Undergarments were:
United States $3.02B
Germany $1.15B
France $600M

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Trade Value of Other Women's Undergarments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $8.55M
TOP IMPORT POTENTIALChina+ $5.78M

Other Women's Undergarments’s highest export potential is United States. With an export gap of $8.55M.   Other Women's Undergarments’s highest import potential is China with an import gap of $5.78M.

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