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2022
Exports $55.7kWorld Rnk 76 / 195
Flag Rnk 883 / 1127
2022
Destination $22.8k Indonesia
2021 - 2022
FASTEST GROWING MARKET $22.8kIndonesia
2022
PRODUCT COMPLEXITY IN Knives0.85Rnk 223 / 1025
2022
Imports $16.1MWorld Rnk 40 / 219
Flag Rnk 628 / 1201
2022
Origin $3.7M China
2021 - 2022
FASTEST GROWING ORIGIN $3.7MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $55.7k in Knives, making it the 76th largest exporter of Knives in the world. At the same year, Knives was the 883rd most exported product in Philippines. The main destination of Knives exports from Philippines are: Indonesia ($25.9k), Malaysia ($13.1k), South Africa ($3.1k), United States ($2.54k), and Germany ($2.42k).

The fastest growing export markets for Knives of Philippines between 2021 and 2022 were Indonesia ($22.8k), Malaysia ($13k), and South Africa ($1.97k).

Imports In 2022, Philippines imported $16.1M in Knives, becoming the 40th largest importer of Knives in the world. At the same year, Knives was the 628th most imported product in Philippines. Philippines imports Knives primarily from: China ($13.7M), Japan ($628k), Malaysia ($524k), United States ($269k), and Brazil ($164k).

The fastest growing import markets in Knives for Philippines between 2021 and 2022 were China ($3.7M), Japan ($152k), and Brazil ($112k).

Latest Trends

September 2024

About

Overview In September 2024 Philippines' Knives exports accounted up to $5.91k and imports accounted up to $490k, resulting in a negative trade balance of $484k. Between March 2023 and September 2024 the exports of Philippines'   Knives have decreased by $-4.52k (-43.3%) from $10.4k to $5.91k, while imports increased by $55.2k (12.7%) from $434k to $490k.

Destinations In September 2024, Knives were exported mostly to Germany ($5.15k) and Fiji ($768), and were imported mostly from China ($189k), Malaysia ($128k), Japan ($107k), United States ($13.8k), and South Korea ($11.3k).

Growth In September 2024, the decrease in Knives's year-by-year exports was explained primarily by a decrease in exports to . In September 2024, the increase in Knives's year-by-year imports was explained primarily by an increase in imports from Japan ($70.9k or 81%), Malaysia ($52k or 39.7%), and United States ($23.3k or 265%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - September 2024)$-4.52k(-43.3%)
IMPORT GROWTH (September 2023 - September 2024)$55.2k(12.7%)
MAIN DESTINATION (September 2024)Germany$5.15k

This section shows Knives'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 Knives over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$55.7k
IMPORTS (2022)$16.1M
NET TRADE (2022)-$16M

In 2022, Philippines exported $55.7k in Knives. The main destinations of Philippines exports on Knives were Indonesia ($25.9k), Malaysia ($13.1k), South Africa ($3.1k), United States ($2.54k), and Germany ($2.42k).

In 2022, Philippines imported $16.1M in Knives, mainly from China ($13.7M), Japan ($628k), Malaysia ($524k), United States ($269k), and Brazil ($164k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knives EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Indonesia$22.8k (742%)
Malaysia$13k (13k%)
South Africa$1.97k (175%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knives BY Philippines WERE (2021 - 2022):
United States-$8.74k (-77.5%)
Japan-$8.19k (-100%)
Germany-$5.79k (-70.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Knives were:
China $1.87B
Germany $359M
Japan $187M
In 2022, Philippines's main importing competitors in Knives were:
United States $1.01B
Germany $291M
France $180M

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Trade Value of Knives by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $10.1k
TOP IMPORT POTENTIALChina+ $2.13M

Knives’s highest export potential is United States. With an export gap of $10.1k.   Knives’s highest import potential is China with an import gap of $2.13M.

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