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2022
Exports $89.9kWorld Rnk 78 / 159
Flag Rnk 841 / 1127
2022
Destination $44.6k Hong Kong
2021 - 2022
FASTEST GROWING MARKET $44.6kHong Kong
2022
PRODUCT COMPLEXITY IN Glass Beads0.61Rnk 316 / 1025
2022
Imports $8.2MWorld Rnk 42 / 208
Flag Rnk 754 / 1201
2022
Origin $660k China
2021 - 2022
FASTEST GROWING ORIGIN $660kChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 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

August 2024

About

Overview In August 2024 Philippines' Glass Beads exports accounted up to $4.34k and imports accounted up to $824k, resulting in a negative trade balance of $820k. Between February 2021 and August 2024 the exports of Philippines'   Glass Beads have decreased by $-8.38k (-65.9%) from $12.7k to $4.34k, while imports decreased by $-48.8k (-5.59%) from $873k to $824k.

Destinations In August 2024, Glass Beads were exported mostly to Netherlands ($4.34k), and were imported mostly from United States ($361k), China ($294k), Australia ($102k), Thailand ($43k), and Chinese Taipei ($9.51k).

Growth In August 2024, the decrease in Glass Beads's year-by-year exports was explained primarily by a decrease in exports to . In August 2024, the decrease in Glass Beads's year-by-year imports was explained primarily by a decrease in imports from China ($-24.5k or -33.5%), Japan ($-12.5k or -86.8%), and Hong Kong ($-4.73k or -94.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2021 - August 2024)$-8.38k(-65.9%)
IMPORT GROWTH (August 2023 - August 2024)$-48.8k(-5.59%)
MAIN DESTINATION (August 2024)Netherlands$4.34k

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%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Glass Beads were:
China $899M
Czechia $105M
Austria $92M
In 2022, Philippines's main importing competitors in Glass Beads were:
United States $143M
United Arab Emirates $108M
India $106M

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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.

See methodology.

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