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2022
Exports $166kWorld Rnk 35 / 102
Flag Rnk 788 / 1127
2022
Destination $24.5k Italy
2021 - 2022
FASTEST GROWING MARKET $24.5kUnited States
2022
Imports $2.16MWorld Rnk 14 / 161
Flag Rnk 937 / 1201
2022
Origin $737k Singapore
2021 - 2022
FASTEST GROWING ORIGIN $737kSingapore
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $166k in Artificial Fur, making it the 35th largest exporter of Artificial Fur in the world. At the same year, Artificial Fur was the 788th most exported product in Philippines. The main destination of Artificial Fur exports from Philippines are: Italy ($123k), United States ($25.7k), Hong Kong ($5.01k), Guatemala ($4.55k), and Japan ($2.83k).

The fastest growing export markets for Artificial Fur of Philippines between 2021 and 2022 were United States ($24.5k), Hong Kong ($5.01k), and Guatemala ($4.55k).

Imports In 2022, Philippines imported $2.16M in Artificial Fur, becoming the 14th largest importer of Artificial Fur in the world. At the same year, Artificial Fur was the 937th most imported product in Philippines. Philippines imports Artificial Fur primarily from: Singapore ($1.74M), China ($312k), Japan ($54.6k), Hong Kong ($36.5k), and Italy ($17.2k).

The fastest growing import markets in Artificial Fur for Philippines between 2021 and 2022 were Singapore ($737k), China ($254k), and Japan ($52.6k).

Latest Trends

March 2024

About

Overview In March 2024 Philippines' Artificial Fur exports accounted up to $15.5k and imports accounted up to $159k, resulting in a negative trade balance of $144k. Between February 2023 and March 2024 the exports of Philippines'   Artificial Fur have decreased by $-8.83k (-36.3%) from $24.3k to $15.5k, while imports increased by $34.7k (27.9%) from $124k to $159k.

Destinations In March 2024, Artificial Fur were exported mostly to , and were imported mostly from Singapore ($156k), Hong Kong ($2.2k), and Japan ($1.34k).

Growth In March 2024, the decrease in Artificial Fur's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the increase in Artificial Fur's year-by-year imports was explained primarily by an increase in imports from Singapore ($85.8k or 115%) and China ($1.05k or 3.19k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - March 2024)$-8.83k(-36.3%)
IMPORT GROWTH (June 2023 - June 2024)$34.7k(27.9%)
MAIN DESTINATION (March 2024)

This section shows Artificial Fur'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 Artificial Fur over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$166k
IMPORTS (2022)$2.16M
NET TRADE (2022)-$2M

In 2022, Philippines exported $166k in Artificial Fur. The main destinations of Philippines exports on Artificial Fur were Italy ($123k), United States ($25.7k), Hong Kong ($5.01k), Guatemala ($4.55k), and Japan ($2.83k).

In 2022, Philippines imported $2.16M in Artificial Fur, mainly from Singapore ($1.74M), China ($312k), Japan ($54.6k), Hong Kong ($36.5k), and Italy ($17.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Artificial Fur EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United States$24.5k (1.94k%)
Hong Kong$5.01k (1%)
Guatemala$4.55k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Artificial Fur BY Philippines WERE (2021 - 2022):
Italy-$133k (-52%)
United Kingdom-$5.71k (-100%)
Finland-$198 (-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 Artificial Fur were:
China $50.1M
Italy $10.1M
Netherlands $4.96M
In 2022, Philippines's main importing competitors in Artificial Fur were:
Germany $5.67M
United States $5.21M
Japan $5.19M

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Trade Value of Artificial Fur by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Artificial Fur’s highest export potential is N/A. With an export gap of N/A.   Artificial Fur’s highest import potential is N/A with an import gap of N/A.

See methodology.

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