Blankets in Philippines | The Observatory of Economic Complexity

About

Exports In 2022, Philippines exported $191k in Blankets, making it the 95th largest exporter of Blankets in the world. At the same year, Blankets was the 775th most exported product in Philippines. The main destination of Blankets exports from Philippines are: Japan ($64.7k), United States ($58.1k), Canada ($30.8k), Australia ($11k), and Denmark ($3.52k).

The fastest growing export markets for Blankets of Philippines between 2021 and 2022 were Japan ($55.2k), United States ($10.1k), and Australia ($5.22k).

Imports In 2022, Philippines imported $45.8M in Blankets, becoming the 24th largest importer of Blankets in the world. At the same year, Blankets was the 401st most imported product in Philippines. Philippines imports Blankets primarily from: China ($38.7M), South Korea ($5.55M), Chinese Taipei ($451k), India ($356k), and Malaysia ($262k).

The fastest growing import markets in Blankets for Philippines between 2021 and 2022 were China ($8.69M), South Korea ($543k), and India ($333k).

Latest Trends

July 2021

About

Overview In July 2021 Philippines' Blankets exports accounted up to $1.9k and imports accounted up to $388k, resulting in a negative trade balance of $386k. Between May 2020 and July 2021 the exports of Philippines' Blankets have decreased by $-183k (-99%) from $185k to $1.9k, while imports increased by $8.61k (2.27%) from $379k to $388k.

Destinations In July 2021, Blankets were exported mostly to , and were imported mostly from China ($251k), South Korea ($105k), India ($12.8k), Chinese Taipei ($11.1k), and Malaysia ($5.49k).

Growth In July 2021, the decrease in Blankets's year-by-year exports was explained primarily by a decrease in exports to . In August 2021, the increase in Blankets's year-by-year imports was explained primarily by an increase in imports from China ($86.7k or 20.4%), Malaysia ($27.3k or 941%), and India ($3.08k or 214%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (May 2020 - July 2021)$-183k(-99%)

IMPORT GROWTH (August 2020 - August 2021)$8.61k(2.27%)

MAIN DESTINATION (July 2021)

This section shows Blankets'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 Blankets over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$191k

IMPORTS (2022)$45.8M

NET TRADE (2022)-$45.6M

In 2022, Philippines exported $191k in Blankets. The main destinations of Philippines exports on Blankets were Japan ($64.7k), United States ($58.1k), Canada ($30.8k), Australia ($11k), and Denmark ($3.52k).

In 2022, Philippines imported $45.8M in Blankets, mainly from China ($38.7M), South Korea ($5.55M), Chinese Taipei ($451k), India ($356k), and Malaysia ($262k).

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