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2022
Exports $20.6MWorld Rnk 19 / 177
Flag Rnk 253 / 1127
2022
Destination $16.6M Hong Kong
2021 - 2022
FASTEST GROWING MARKET $16.6MHong Kong
2022
PRODUCT COMPLEXITY IN Sculptures-0.46Rnk 689 / 1025
2022
Imports $623kWorld Rnk 65 / 188
Flag Rnk 1045 / 1201
2022
Origin $251k United States
2021 - 2022
FASTEST GROWING ORIGIN $251kUnited States
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $20.6M in Sculptures, making it the 19th largest exporter of Sculptures in the world. At the same year, Sculptures was the 253rd most exported product in Philippines. The main destination of Sculptures exports from Philippines are: Hong Kong ($18.3M), United Kingdom ($862k), United States ($760k), Netherlands ($258k), and Australia ($85.4k).

The fastest growing export markets for Sculptures of Philippines between 2021 and 2022 were Hong Kong ($16.6M), United States ($434k), and Netherlands ($170k).

Imports In 2022, Philippines imported $623k in Sculptures, becoming the 65th largest importer of Sculptures in the world. At the same year, Sculptures was the 1045th most imported product in Philippines. Philippines imports Sculptures primarily from: United States ($288k), France ($96.5k), Spain ($46.3k), Italy ($43.6k), and United Kingdom ($35.1k).

The fastest growing import markets in Sculptures for Philippines between 2021 and 2022 were United States ($251k), France ($80.6k), and Spain ($35.7k).

Latest Trends

October 2024

About

Overview In October 2024 Philippines' Sculptures exports accounted up to $136k and imports accounted up to $1.82k, resulting in a positive trade balance of $134k. Between June 2023 and October 2024 the exports of Philippines'   Sculptures have increased by $111k (433%) from $25.5k to $136k, while imports decreased by $-35.8k (-95.2%) from $37.7k to $1.82k.

Destinations In October 2024, Sculptures were exported mostly to United Kingdom ($136k), and were imported mostly from China ($527), United States ($501), Germany ($482), and Indonesia ($314).

Growth In October 2024, the increase in Sculptures's year-by-year exports was explained primarily by an increase in exports to . In October 2024, the decrease in Sculptures's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - October 2024)$111k(433%)
IMPORT GROWTH (October 2023 - October 2024)$-35.8k(-95.2%)
MAIN DESTINATION (October 2024)United Kingdom$136k

This section shows Sculptures'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 Sculptures over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$20.6M
IMPORTS (2022)$623k
NET TRADE (2022)$20M

In 2022, Philippines exported $20.6M in Sculptures. The main destinations of Philippines exports on Sculptures were Hong Kong ($18.3M), United Kingdom ($862k), United States ($760k), Netherlands ($258k), and Australia ($85.4k).

In 2022, Philippines imported $623k in Sculptures, mainly from United States ($288k), France ($96.5k), Spain ($46.3k), Italy ($43.6k), and United Kingdom ($35.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sculptures EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Hong Kong$16.6M (984%)
United States$434k (133%)
Netherlands$170k (195%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sculptures BY Philippines WERE (2021 - 2022):
Japan-$83.3k (-95.9%)
Israel-$51.4k (-97.1%)
Germany-$40k (-93.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Sculptures were:
United States $1.25B
United Kingdom $751M
France $367M
In 2022, Philippines's main importing competitors in Sculptures were:
United States $871M
United Kingdom $441M
France $396M

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Trade Value of Sculptures by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.29M
TOP IMPORT POTENTIALUnited States+ $170k

Sculptures’s highest export potential is United States. With an export gap of $1.29M.   Sculptures’s highest import potential is United States with an import gap of $170k.

See methodology.

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