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2022
Exports $365kWorld Rnk 49 / 158
Flag Rnk 702 / 1127
2022
Destination $66.9k United States
2021 - 2022
FASTEST GROWING MARKET $66.9kUnited States
2022
PRODUCT COMPLEXITY IN Embroidery-0.41Rnk 676 / 1025
2022
Imports $7.13MWorld Rnk 50 / 202
Flag Rnk 778 / 1201
2022
Origin $1.78M China
2021 - 2022
FASTEST GROWING ORIGIN $1.78MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $365k in Embroidery, making it the 49th largest exporter of Embroidery in the world. At the same year, Embroidery was the 702nd most exported product in Philippines. The main destination of Embroidery exports from Philippines are: United States ($240k), Switzerland ($60.6k), Canada ($13.6k), United Arab Emirates ($11.2k), and Australia ($8.03k).

The fastest growing export markets for Embroidery of Philippines between 2021 and 2022 were United States ($66.9k), Canada ($12.6k), and United Arab Emirates ($8.19k).

Imports In 2022, Philippines imported $7.13M in Embroidery, becoming the 50th largest importer of Embroidery in the world. At the same year, Embroidery was the 778th most imported product in Philippines. Philippines imports Embroidery primarily from: China ($5.64M), Pakistan ($656k), United Arab Emirates ($162k), Indonesia ($158k), and India ($146k).

The fastest growing import markets in Embroidery for Philippines between 2021 and 2022 were China ($1.78M), Pakistan ($655k), and United Arab Emirates ($162k).

Latest Trends

September 2024

About

Overview In September 2024 Philippines' Embroidery exports accounted up to $42.7k and imports accounted up to $112k, resulting in a negative trade balance of $69.1k. Between January 2023 and September 2024 the exports of Philippines'   Embroidery have increased by $36.4k (576%) from $6.32k to $42.7k, while imports increased by $16.1k (16.8%) from $95.7k to $112k.

Destinations In September 2024, Embroidery were exported mostly to France ($42.7k), and were imported mostly from China ($108k), Japan ($1.33k), Hong Kong ($660), Italy ($564), and United Kingdom ($347).

Growth In September 2024, the increase in Embroidery's year-by-year exports was explained primarily by an increase in exports to Switzerland ($2.24k or 77.5%). In September 2024, the increase in Embroidery's year-by-year imports was explained primarily by an increase in imports from China ($32.7k or 45.1%), Chinese Taipei ($3.08k or 837%), and Japan ($2.62k or 586%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2023 - September 2024)$36.4k(576%)
IMPORT GROWTH (September 2023 - September 2024)$16.1k(16.8%)
MAIN DESTINATION (September 2024)France$42.7k

This section shows Embroidery'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 Embroidery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$365k
IMPORTS (2022)$7.13M
NET TRADE (2022)-$6.76M

In 2022, Philippines exported $365k in Embroidery. The main destinations of Philippines exports on Embroidery were United States ($240k), Switzerland ($60.6k), Canada ($13.6k), United Arab Emirates ($11.2k), and Australia ($8.03k).

In 2022, Philippines imported $7.13M in Embroidery, mainly from China ($5.64M), Pakistan ($656k), United Arab Emirates ($162k), Indonesia ($158k), and India ($146k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Embroidery EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United States$66.9k (38.7%)
Canada$12.6k (1.24k%)
United Arab Emirates$8.19k (271%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Embroidery BY Philippines WERE (2021 - 2022):
Switzerland-$51.6k (-46%)
France-$12.6k (-92.5%)
Saudi Arabia-$11.9k (-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 Embroidery were:
China $897M
India $164M
Thailand $83.8M
In 2022, Philippines's main importing competitors in Embroidery were:
United States $131M
United Arab Emirates $105M
Italy $74.4M

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Trade Value of Embroidery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $99.2k
TOP IMPORT POTENTIALChina+ $1.02M

Embroidery’s highest export potential is United States. With an export gap of $99.2k.   Embroidery’s highest import potential is China with an import gap of $1.02M.

See methodology.

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