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2022
Exports $450kWorld Rnk 84 / 190
Flag Rnk 681 / 1127
2022
Destination $62k United States
2021 - 2022
FASTEST GROWING MARKET $62kUnited States
2022
PRODUCT COMPLEXITY IN Bedspreads-0.83Rnk 787 / 1025
2022
Imports $42.9MWorld Rnk 25 / 222
Flag Rnk 412 / 1201
2022
Origin $11.7M China
2021 - 2022
FASTEST GROWING ORIGIN $11.7MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $450k in Bedspreads, making it the 84th largest exporter of Bedspreads in the world. At the same year, Bedspreads was the 681st most exported product in Philippines. The main destination of Bedspreads exports from Philippines are: United States ($199k), Netherlands ($49k), Kuwait ($43.4k), Germany ($18.9k), and United Kingdom ($16k).

The fastest growing export markets for Bedspreads of Philippines between 2021 and 2022 were United States ($62k), Netherlands ($46k), and Kuwait ($37k).

Imports In 2022, Philippines imported $42.9M in Bedspreads, becoming the 25th largest importer of Bedspreads in the world. At the same year, Bedspreads was the 412th most imported product in Philippines. Philippines imports Bedspreads primarily from: China ($37.1M), India ($3.34M), South Korea ($439k), Malaysia ($409k), and Vietnam ($349k).

The fastest growing import markets in Bedspreads for Philippines between 2021 and 2022 were China ($11.7M), India ($2.05M), and Malaysia ($225k).

Latest Trends

August 2024

About

Overview In August 2024 Philippines' Bedspreads exports accounted up to $6.22k and imports accounted up to $629k, resulting in a negative trade balance of $623k. Between August 2023 and August 2024 the exports of Philippines'   Bedspreads have decreased by $-11.8k (-65.5%) from $18k to $6.22k, while imports decreased by $-584k (-48.1%) from $1.21M to $629k.

Destinations In August 2024, Bedspreads were exported mostly to Germany ($2.63k), Micronesia ($1k), Netherlands ($969), United States ($964), and Japan ($502), and were imported mostly from China ($499k), South Korea ($43k), India ($27.8k), United States ($14.8k), and Chinese Taipei ($10.4k).

Growth In August 2024, the decrease in Bedspreads's year-by-year exports was explained primarily by a decrease in exports to United States ($-27.4k or -89.3%) and Hong Kong ($-69 or -24.8%). In August 2024, the decrease in Bedspreads's year-by-year imports was explained primarily by a decrease in imports from China ($-712k or -53.2%), India ($-182k or -75.9%), and Japan ($-36k or -99.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-11.8k(-65.5%)
IMPORT GROWTH (August 2023 - August 2024)$-584k(-48.1%)
MAIN DESTINATION (August 2024)Germany$2.63k

This section shows Bedspreads'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 Bedspreads over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$450k
IMPORTS (2022)$42.9M
NET TRADE (2022)-$42.5M

In 2022, Philippines exported $450k in Bedspreads. The main destinations of Philippines exports on Bedspreads were United States ($199k), Netherlands ($49k), Kuwait ($43.4k), Germany ($18.9k), and United Kingdom ($16k).

In 2022, Philippines imported $42.9M in Bedspreads, mainly from China ($37.1M), India ($3.34M), South Korea ($439k), Malaysia ($409k), and Vietnam ($349k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bedspreads EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United States$62k (45.5%)
Netherlands$46k (1.52k%)
Kuwait$37k (586%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bedspreads BY Philippines WERE (2021 - 2022):
Japan-$37.2k (-70.5%)
Sweden-$22.8k (-66.9%)
United Arab Emirates-$17.8k (-53%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Bedspreads were:
China $2.17B
India $1.12B
Turkey $216M
In 2022, Philippines's main importing competitors in Bedspreads were:
United States $1.11B
Germany $357M
France $226M

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Trade Value of Bedspreads by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $225k
TOP IMPORT POTENTIALIndia+ $3.3M

Bedspreads’s highest export potential is United States. With an export gap of $225k.   Bedspreads’s highest import potential is India with an import gap of $3.3M.

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