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2023
Exports $36.9MWorld Rnk 29 / 213
Flag Rnk 194 / 1123
2023
Destination $1.83M United States
2022 - 2023
FASTEST GROWING MARKET $1.83MUnited Kingdom
2023
PRODUCT COMPLEXITY IN Non-Knit Women's Shirts-1.03Rnk 839 / 1025
2023
Imports $36.3MWorld Rnk 46 / 220
Flag Rnk 396 / 1202
2023
Origin $3.76M China
2022 - 2023
FASTEST GROWING ORIGIN $3.76MChina
2023
ECONOMIC COMPLEXITY of Philippines0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $36.9M in Non-Knit Women's Shirts, making it the 29th largest exporter of Non-Knit Women's Shirts in the world. At the same year, Non-Knit Women's Shirts was the 194th most exported product in Philippines. The main destination of Non-Knit Women's Shirts exports from Philippines are: United States ($11.1M), Japan ($5.61M), Italy ($3.62M), United Kingdom ($2.79M), and South Korea ($2.27M).

The fastest growing export markets for Non-Knit Women's Shirts of Philippines between 2022 and 2023 were United Kingdom ($1.83M), Italy ($1.4M), and Germany ($1.08M).

Imports In 2023, Philippines imported $36.3M in Non-Knit Women's Shirts, becoming the 46th largest importer of Non-Knit Women's Shirts in the world. At the same year, Non-Knit Women's Shirts was the 396th most imported product in Philippines. Philippines imports Non-Knit Women's Shirts primarily from: China ($23.4M), Morocco ($2.76M), Indonesia ($2.03M), Cambodia ($1.87M), and Bangladesh ($1.08M).

The fastest growing import markets in Non-Knit Women's Shirts for Philippines between 2022 and 2023 were China ($3.76M), Cambodia ($1.63M), and Indonesia ($521k).

COMPANIES In 2023, leading companies such as Banana Republic (27) and JP Boden Services (1) were at the forefront of shipping Non-Knit Women's Shirts from Philippines to the United States.

Latest Trends

July 2024

About

Overview In July 2024 Philippines' Non-Knit Women's Shirts exports accounted up to $1.48M and imports accounted up to $2.34M, resulting in a negative trade balance of $857k. Between July 2023 and July 2024 the exports of Philippines'   Non-Knit Women's Shirts have increased by $275k (22.9%) from $1.2M to $1.48M, while imports increased by $67k (2.95%) from $2.27M to $2.34M.

Destinations In July 2024, Non-Knit Women's Shirts were exported mostly to United States ($423k), Japan ($299k), Hong Kong ($183k), Italy ($183k), and Chinese Taipei ($176k), and were imported mostly from China ($1.29M), Morocco ($352k), Bangladesh ($119k), Italy ($98.3k), and Turkey ($97.9k).

Growth In July 2024, the increase in Non-Knit Women's Shirts's year-by-year exports was explained primarily by an increase in exports to Japan ($207k or 56.8%), Italy ($201k or 62.2%), and United States ($150k or 12.7%). In July 2024, the increase in Non-Knit Women's Shirts's year-by-year imports was explained primarily by an increase in imports from China ($649k or 67.9%), Morocco ($140k or 161%), and Italy ($96.5k or 2.17k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$275k(22.9%)
IMPORT GROWTH (July 2023 - July 2024)$67k(2.95%)
MAIN DESTINATION (July 2024)United States$423k

This section shows Non-Knit Women's Shirts'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 Women's Shirts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$36.9M
IMPORTS (2023)$36.3M
NET TRADE (2023)$588k

In 2023, Philippines exported $36.9M in Non-Knit Women's Shirts. The main destinations of Philippines exports on Non-Knit Women's Shirts were United States ($11.1M), Japan ($5.61M), Italy ($3.62M), United Kingdom ($2.79M), and South Korea ($2.27M).

In 2023, Philippines imported $36.3M in Non-Knit Women's Shirts, mainly from China ($23.4M), Morocco ($2.76M), Indonesia ($2.03M), Cambodia ($1.87M), and Bangladesh ($1.08M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Non-Knit Women's Shirts EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
United Kingdom$1.83M (192%)
Italy$1.4M (63.1%)
Germany$1.08M (142%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Women's Shirts BY Philippines WERE (2022 - 2023):
United States-$12.3M (-52.5%)
Japan-$613k (-9.85%)
Canada-$368k (-47.2%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Philippines's main exporting competitors in Non-Knit Women's Shirts were:
China $3.33B
India $1.4B
Bangladesh $827M
In 2023, Philippines's main importing competitors in Non-Knit Women's Shirts were:
United States $1.87B
Germany $1.06B
Japan $794M

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Trade Value of Non-Knit Women's Shirts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.59M
TOP IMPORT POTENTIALChina+ $6.22M

Non-Knit Women's Shirts’s highest export potential is United States. With an export gap of $5.59M.   Non-Knit Women's Shirts’s highest import potential is China with an import gap of $6.22M.

See methodology.

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