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2022
Exports $54.6kWorld Rnk 92 / 179
Flag Rnk 886 / 1127
2022
Destination $11.1k United States
2021 - 2022
FASTEST GROWING MARKET $11.1kUnited States
2022
PRODUCT COMPLEXITY IN Garden Tools0.2Rnk 486 / 1025
2022
Imports $33.2MWorld Rnk 19 / 219
Flag Rnk 471 / 1201
2022
Origin $9.48M China
2021 - 2022
FASTEST GROWING ORIGIN $9.48MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $54.6k in Garden Tools, making it the 92nd largest exporter of Garden Tools in the world. At the same year, Garden Tools was the 886th most exported product in Philippines. The main destination of Garden Tools exports from Philippines are: United States ($13.3k), Hong Kong ($9.77k), Netherlands ($7.01k), Australia ($6.57k), and China ($4.49k).

The fastest growing export markets for Garden Tools of Philippines between 2021 and 2022 were United States ($11.1k), Hong Kong ($9.19k), and Netherlands ($6.48k).

Imports In 2022, Philippines imported $33.2M in Garden Tools, becoming the 19th largest importer of Garden Tools in the world. At the same year, Garden Tools was the 471st most imported product in Philippines. Philippines imports Garden Tools primarily from: China ($31.6M), Brazil ($376k), Thailand ($210k), Colombia ($140k), and France ($128k).

The fastest growing import markets in Garden Tools for Philippines between 2021 and 2022 were China ($9.48M), Brazil ($222k), and Australia ($104k).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Garden Tools exports accounted up to $13.9k and imports accounted up to $59.9k, resulting in a negative trade balance of $46k. Between June 2023 and June 2024 the exports of Philippines'   Garden Tools have decreased by $-17.4k (-55.6%) from $31.2k to $13.9k, while imports decreased by $-375k (-86.2%) from $435k to $59.9k.

Destinations In June 2024, Garden Tools were exported mostly to China ($10.2k) and Hong Kong ($3.65k), and were imported mostly from Singapore ($21.4k), Germany ($17k), Australia ($7k), United Kingdom ($4.75k), and Japan ($4.66k).

Growth In June 2024, the decrease in Garden Tools's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the decrease in Garden Tools's year-by-year imports was explained primarily by a decrease in imports from United States ($-50.4k or -99.9%), China ($-42.7k or -15.3%), and Chinese Taipei ($-7.41k or -99%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-17.4k(-55.6%)
IMPORT GROWTH (June 2023 - June 2024)$-375k(-86.2%)
MAIN DESTINATION (June 2024)China$10.2k

This section shows Garden Tools'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 Garden Tools over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$54.6k
IMPORTS (2022)$33.2M
NET TRADE (2022)-$33.1M

In 2022, Philippines exported $54.6k in Garden Tools. The main destinations of Philippines exports on Garden Tools were United States ($13.3k), Hong Kong ($9.77k), Netherlands ($7.01k), Australia ($6.57k), and China ($4.49k).

In 2022, Philippines imported $33.2M in Garden Tools, mainly from China ($31.6M), Brazil ($376k), Thailand ($210k), Colombia ($140k), and France ($128k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Garden Tools EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United States$11.1k (493%)
Hong Kong$9.19k (1.59k%)
Netherlands$6.48k (1.24k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Garden Tools BY Philippines WERE (2021 - 2022):
United Kingdom-$34.3k (-100%)
Saudi Arabia-$1.26k (-100%)
Norway-$817 (-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 Garden Tools were:
China $1.3B
Chinese Taipei $173M
Germany $165M
In 2022, Philippines's main importing competitors in Garden Tools were:
United States $524M
Germany $196M
Netherlands $119M

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Trade Value of Garden Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $26k
TOP IMPORT POTENTIALBrazil+ $346k

Garden Tools’s highest export potential is United States. With an export gap of $26k.   Garden Tools’s highest import potential is Brazil with an import gap of $346k.

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