2022
Exports
$89.9kWorld Rnk 78 / 159
Flag Rnk 841 / 1127
2022
PRODUCT COMPLEXITY IN Glass Beads
0.61Rnk 316 / 1025
2022
Imports
$8.2MWorld Rnk 42 / 208
Flag Rnk 754 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $89.9k in Glass Beads, making it the 78th largest exporter of Glass Beads in the world. At the same year, Glass Beads was the 841st most exported product in Philippines. The main destination of Glass Beads exports from Philippines are: Hong Kong ($44.6k), Vietnam ($12.1k), United States ($7.27k), France ($5.41k), and Canada ($3.96k).

The fastest growing export markets for Glass Beads of Philippines between 2021 and 2022 were Hong Kong ($44.6k), Australia ($3.18k), and Indonesia ($3.05k).

Imports In 2022, Philippines imported $8.2M in Glass Beads, becoming the 42nd largest importer of Glass Beads in the world. At the same year, Glass Beads was the 754th most imported product in Philippines. Philippines imports Glass Beads primarily from: China ($6.38M), United States ($480k), Australia ($473k), Thailand ($212k), and Japan ($185k).

The fastest growing import markets in Glass Beads for Philippines between 2021 and 2022 were China ($660k), United States ($281k), and South Korea ($169k).

Latest Trends

April 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2021 - April 2024)$1.94k(4.85k%)
IMPORT GROWTH (July 2023 - July 2024)$599k(107%)
MAIN DESTINATION (April 2024)

This section shows Glass Beads'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 Glass Beads over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$89.9k
IMPORTS (2022)$8.2M
NET TRADE (2022)-$8.11M

In 2022, Philippines exported $89.9k in Glass Beads. The main destinations of Philippines exports on Glass Beads were Hong Kong ($44.6k), Vietnam ($12.1k), United States ($7.27k), France ($5.41k), and Canada ($3.96k).

In 2022, Philippines imported $8.2M in Glass Beads, mainly from China ($6.38M), United States ($480k), Australia ($473k), Thailand ($212k), and Japan ($185k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glass Beads EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Hong Kong$44.6k (1%)
Australia$3.18k (1%)
Indonesia$3.05k (1.33k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass Beads BY Philippines WERE (2021 - 2022):
United States-$20.6k (-74%)
Switzerland-$18.8k (-93%)
Germany-$10.2k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Glass Beads were:
In 2022, Philippines's main importing competitors in Glass Beads were:

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Trade Value of Glass Beads by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALHong Kong+ $14.8k
TOP IMPORT POTENTIALChina+ $596k

Glass Beads’s highest export potential is Hong Kong. With an export gap of $14.8k.   Glass Beads’s highest import potential is China with an import gap of $596k.

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