2023
Exports
$6.38MWorld Rnk 30 / 187
Flag Rnk 368 / 1123
2023
PRODUCT COMPLEXITY IN Non-Knit Babies' Garments
-1.5Rnk 944 / 1025
2023
Imports
$1.37MWorld Rnk 96 / 215
Flag Rnk 955 / 1202
2023
ECONOMIC COMPLEXITY of Philippines
0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $6.38M in Non-Knit Babies' Garments, making it the 30th largest exporter of Non-Knit Babies' Garments in the world. At the same year, Non-Knit Babies' Garments was the 368th most exported product in Philippines. The main destination of Non-Knit Babies' Garments exports from Philippines are: United States ($4.34M), Saudi Arabia ($736k), Indonesia ($270k), United Arab Emirates ($213k), and Italy ($160k).

The fastest growing export markets for Non-Knit Babies' Garments of Philippines between 2022 and 2023 were Singapore ($42.9k), Malaysia ($41.6k), and Turkey ($20.6k).

Imports In 2023, Philippines imported $1.37M in Non-Knit Babies' Garments, becoming the 96th largest importer of Non-Knit Babies' Garments in the world. At the same year, Non-Knit Babies' Garments was the 955th most imported product in Philippines. Philippines imports Non-Knit Babies' Garments primarily from: China ($472k), Thailand ($308k), Bangladesh ($188k), India ($92.4k), and Japan ($81k).

The fastest growing import markets in Non-Knit Babies' Garments for Philippines between 2022 and 2023 were China ($77.7k), Thailand ($63.6k), and Indonesia ($42.5k).

COMPANIES In 2023, leading companies such as Gap (1) and Banana Republic (1) were at the forefront of shipping Non-Knit Babies' Garments from Philippines to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$69.2k(20.2%)
IMPORT GROWTH (July 2023 - July 2024)$-33k(-29%)
MAIN DESTINATION (July 2024)United States$329k

This section shows Non-Knit Babies' Garments'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 Non-Knit Babies' Garments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$6.38M
IMPORTS (2023)$1.37M
NET TRADE (2023)$5.01M

In 2023, Philippines exported $6.38M in Non-Knit Babies' Garments. The main destinations of Philippines exports on Non-Knit Babies' Garments were United States ($4.34M), Saudi Arabia ($736k), Indonesia ($270k), United Arab Emirates ($213k), and Italy ($160k).

In 2023, Philippines imported $1.37M in Non-Knit Babies' Garments, mainly from China ($472k), Thailand ($308k), Bangladesh ($188k), India ($92.4k), and Japan ($81k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Non-Knit Babies' Garments EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
Singapore$42.9k (38.9%)
Malaysia$41.6k (3.19k%)
Turkey$20.6k (608%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Babies' Garments BY Philippines WERE (2022 - 2023):
United States-$2.72M (-38.5%)
Indonesia-$160k (-37.2%)
United Kingdom-$131k (-46.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Philippines's main exporting competitors in Non-Knit Babies' Garments were:
In 2023, Philippines's main importing competitors in Non-Knit Babies' Garments were:

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Trade Value of Non-Knit Babies' Garments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $607k
TOP IMPORT POTENTIALChina+ $793k

Non-Knit Babies' Garments’s highest export potential is United States. With an export gap of $607k.   Non-Knit Babies' Garments’s highest import potential is China with an import gap of $793k.

See methodology.

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