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2022
Exports $31.8MWorld Rnk 19 / 183
Flag Rnk 210 / 1127
falsefalse United States
2021 - 2022
FASTEST GROWING MARKETfalseUnited Kingdom
2022
PRODUCT COMPLEXITY IN Fishing and Hunting Equipment-0.29Rnk 644 / 1025
2022
Imports $14.9MWorld Rnk 40 / 218
Flag Rnk 644 / 1201
2021 - 2022
FASTEST GROWING ORIGINfalseN/A
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $31.8M in Fishing and Hunting Equipment, making it the 19th largest exporter of Fishing and Hunting Equipment in the world. At the same year, Fishing and Hunting Equipment was the 210th most exported product in Philippines. The main destination of Fishing and Hunting Equipment exports from Philippines are: United States ($13.7M), Japan ($8.7M), United Kingdom ($2.6M), France ($1.13M), and Canada ($1.05M).

The fastest growing export markets for Fishing and Hunting Equipment of Philippines between 2021 and 2022 were United Kingdom ($943k), United States ($777k), and South Korea ($397k).

Imports In 2022, Philippines imported $14.9M in Fishing and Hunting Equipment, becoming the 40th largest importer of Fishing and Hunting Equipment in the world. At the same year, Fishing and Hunting Equipment was the 644th most imported product in Philippines. Philippines imports Fishing and Hunting Equipment primarily from: China ($6.36M), Japan ($3.77M), South Korea ($1.4M), United States ($1.27M), and France ($731k).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Fishing and Hunting Equipment exports accounted up to $1.5M and imports accounted up to $327k, resulting in a positive trade balance of $1.17M. Between June 2023 and June 2024 the exports of Philippines'   Fishing and Hunting Equipment have decreased by $-622k (-29.3%) from $2.12M to $1.5M, while imports decreased by $-185k (-36.1%) from $511k to $327k.

Destinations In June 2024, Fishing and Hunting Equipment were exported mostly to Japan ($721k), United States ($623k), United Kingdom ($55.2k), France ($37.7k), and Canada ($32.6k), and were imported mostly from Japan ($271k), France ($18.8k), Thailand ($14.1k), Australia ($13.5k), and Singapore ($6.21k).

Growth In June 2024, the decrease in Fishing and Hunting Equipment's year-by-year exports was explained primarily by a decrease in exports to United States ($-488k or -59.5%) and Canada ($-13.8k or -27.2%). In June 2024, the decrease in Fishing and Hunting Equipment's year-by-year imports was explained primarily by a decrease in imports from Japan ($-210k or -45.7%), France ($-46.8k or -91.5%), and United States ($-21.2k or -30.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-622k(-29.3%)
IMPORT GROWTH (June 2023 - June 2024)$-185k(-36.1%)
MAIN DESTINATION (June 2024)Japan$721k

This section shows Fishing and Hunting Equipment'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 Fishing and Hunting Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$31.8M
IMPORTS (2022)$14.9M
NET TRADE (2022)$17M

In 2022, Philippines exported $31.8M in Fishing and Hunting Equipment. The main destinations of Philippines exports on Fishing and Hunting Equipment were United States ($13.7M), Japan ($8.7M), United Kingdom ($2.6M), France ($1.13M), and Canada ($1.05M).

In 2022, Philippines imported $14.9M in Fishing and Hunting Equipment, mainly from China ($6.36M), Japan ($3.77M), South Korea ($1.4M), United States ($1.27M), and France ($731k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fishing and Hunting Equipment EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United Kingdom$943k (56.9%)
United States$777k (6.03%)
South Korea$397k (343%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fishing and Hunting Equipment BY Philippines WERE (2021 - 2022):
Japan-$3.96M (-31.3%)
Germany-$258k (-37.3%)
Netherlands-$182k (-40.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Fishing and Hunting Equipment were:
China $2.38B
Japan $401M
Vietnam $235M
In 2022, Philippines's main importing competitors in Fishing and Hunting Equipment were:
United States $1.06B
Japan $590M
China $287M

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Trade Value of Fishing and Hunting Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5M
TOP IMPORT POTENTIALChina+ $3.78M

Fishing and Hunting Equipment’s highest export potential is United States. With an export gap of $5M.   Fishing and Hunting Equipment’s highest import potential is China with an import gap of $3.78M.

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