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2022
Exports $129kWorld Rnk 52 / 151
Flag Rnk 811 / 1127
2022
Destination $5.62k United Kingdom
2021 - 2022
FASTEST GROWING MARKET $5.62kUnited Arab Emirates
2022
Imports $4.68MWorld Rnk 17 / 201
Flag Rnk 837 / 1201
2022
Origin $2.06M China
2021 - 2022
FASTEST GROWING ORIGIN $2.06MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $129k in Travel Kits, making it the 52nd largest exporter of Travel Kits in the world. At the same year, Travel Kits was the 811th most exported product in Philippines. The main destination of Travel Kits exports from Philippines are: United Kingdom ($70.8k), United Arab Emirates ($43.2k), Italy ($8.44k), France ($3.41k), and Nigeria ($958).

The fastest growing export markets for Travel Kits of Philippines between 2021 and 2022 were United Arab Emirates ($5.62k), Italy ($4.38k), and France ($1.44k).

Imports In 2022, Philippines imported $4.68M in Travel Kits, becoming the 17th largest importer of Travel Kits in the world. At the same year, Travel Kits was the 837th most imported product in Philippines. Philippines imports Travel Kits primarily from: China ($4.01M), Turkey ($207k), Hong Kong ($153k), Vietnam ($148k), and Malaysia ($53.1k).

The fastest growing import markets in Travel Kits for Philippines between 2021 and 2022 were China ($2.06M), Vietnam ($148k), and Turkey ($147k).

Latest Trends

May 2024

About

Overview In May 2024 Philippines' Travel Kits exports accounted up to $3.45k and imports accounted up to $116k, resulting in a negative trade balance of $112k. Between January 2020 and May 2024 the exports of Philippines'   Travel Kits have decreased by $-1.68k (-32.7%) from $5.12k to $3.45k, while imports decreased by $-240k (-67.5%) from $356k to $116k.

Destinations In May 2024, Travel Kits were exported mostly to , and were imported mostly from Hong Kong ($42.7k), United Kingdom ($28.4k), United States ($17.5k), South Korea ($9.05k), and Netherlands ($4.25k).

Growth In May 2024, the decrease in Travel Kits's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the decrease in Travel Kits's year-by-year imports was explained primarily by a decrease in imports from Malaysia ($-59.6k or -97.5%) and France ($-140 or -6.08%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2020 - May 2024)$-1.68k(-32.7%)
IMPORT GROWTH (June 2023 - June 2024)$-240k(-67.5%)
MAIN DESTINATION (May 2024)

This section shows Travel Kits'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 Travel Kits over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$129k
IMPORTS (2022)$4.68M
NET TRADE (2022)-$4.55M

In 2022, Philippines exported $129k in Travel Kits. The main destinations of Philippines exports on Travel Kits were United Kingdom ($70.8k), United Arab Emirates ($43.2k), Italy ($8.44k), France ($3.41k), and Nigeria ($958).

In 2022, Philippines imported $4.68M in Travel Kits, mainly from China ($4.01M), Turkey ($207k), Hong Kong ($153k), Vietnam ($148k), and Malaysia ($53.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Travel Kits EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United Arab Emirates$5.62k (15%)
Italy$4.38k (108%)
France$1.44k (73%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Travel Kits BY Philippines WERE (2021 - 2022):
United Kingdom-$8.13k (-10.3%)
United States-$6.61k (-100%)
Saudi Arabia-$2.32k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Travel Kits were:
China $206M
United Arab Emirates $71.2M
Turkey $18.7M
In 2022, Philippines's main importing competitors in Travel Kits were:
Saudi Arabia $72.7M
United States $56.7M
United Kingdom $21.8M

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Trade Value of Travel Kits by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $15k
TOP IMPORT POTENTIALTurkey+ $56.3k

Travel Kits’s highest export potential is United Kingdom. With an export gap of $15k.   Travel Kits’s highest import potential is Turkey with an import gap of $56.3k.

See methodology.

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