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2023
Exports $13.4MWorld Rnk 23 / 178
Flag Rnk 287 / 1123
2023
Destination $1.24M United States
2022 - 2023
FASTEST GROWING MARKET $1.24MUnited States
2023
PRODUCT COMPLEXITY IN Non-Knit Women's Undergarments-1.19Rnk 874 / 1025
2023
Imports $6.9MWorld Rnk 53 / 214
Flag Rnk 736 / 1202
2023
Origin $2.72M China
2022 - 2023
FASTEST GROWING ORIGIN $2.72MChina
2023
ECONOMIC COMPLEXITY of Philippines0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $13.4M in Non-Knit Women's Undergarments, making it the 23rd largest exporter of Non-Knit Women's Undergarments in the world. At the same year, Non-Knit Women's Undergarments was the 287th most exported product in Philippines. The main destination of Non-Knit Women's Undergarments exports from Philippines are: United States ($7.83M), Japan ($2.25M), China ($957k), United Arab Emirates ($451k), and Canada ($373k).

The fastest growing export markets for Non-Knit Women's Undergarments of Philippines between 2022 and 2023 were United States ($1.24M), China ($888k), and Japan ($691k).

Imports In 2023, Philippines imported $6.9M in Non-Knit Women's Undergarments, becoming the 53rd largest importer of Non-Knit Women's Undergarments in the world. At the same year, Non-Knit Women's Undergarments was the 736th most imported product in Philippines. Philippines imports Non-Knit Women's Undergarments primarily from: China ($5.39M), Indonesia ($649k), Singapore ($334k), Malaysia ($223k), and Hong Kong ($63.9k).

The fastest growing import markets in Non-Knit Women's Undergarments for Philippines between 2022 and 2023 were China ($2.72M), Singapore ($207k), and Malaysia ($143k).

Latest Trends

July 2024

About

Overview In July 2024 Philippines' Non-Knit Women's Undergarments exports accounted up to $393k and imports accounted up to $312k, resulting in a positive trade balance of $80.9k. Between July 2023 and July 2024 the exports of Philippines'   Non-Knit Women's Undergarments have decreased by $-245k (-38.4%) from $638k to $393k, while imports increased by $33k (11.8%) from $279k to $312k.

Destinations In July 2024, Non-Knit Women's Undergarments were exported mostly to United States ($285k), Japan ($70k), Canada ($23.5k), Singapore ($8.17k), and Poland ($3.19k), and were imported mostly from China ($256k), Cambodia ($26.1k), Indonesia ($20.3k), Bangladesh ($5.03k), and Italy ($846).

Growth In July 2024, the decrease in Non-Knit Women's Undergarments's year-by-year exports was explained primarily by a decrease in exports to United States ($-174k or -65.8%). In July 2024, the increase in Non-Knit Women's Undergarments's year-by-year imports was explained primarily by an increase in imports from China ($44.9k or 28.6%), Indonesia ($25.5k or 247%), and United States ($7.02k or 1.56k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-245k(-38.4%)
IMPORT GROWTH (July 2023 - July 2024)$33k(11.8%)
MAIN DESTINATION (July 2024)United States$285k

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

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Historical Data

Trade Balance

Color
EXPORTS (2023)$13.4M
IMPORTS (2023)$6.9M
NET TRADE (2023)$6.49M

In 2023, Philippines exported $13.4M in Non-Knit Women's Undergarments. The main destinations of Philippines exports on Non-Knit Women's Undergarments were United States ($7.83M), Japan ($2.25M), China ($957k), United Arab Emirates ($451k), and Canada ($373k).

In 2023, Philippines imported $6.9M in Non-Knit Women's Undergarments, mainly from China ($5.39M), Indonesia ($649k), Singapore ($334k), Malaysia ($223k), and Hong Kong ($63.9k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Non-Knit Women's Undergarments EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
United States$1.24M (18.9%)
China$888k (1.28k%)
Japan$691k (44.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Women's Undergarments BY Philippines WERE (2022 - 2023):
Canada-$201k (-35.1%)
Kuwait-$135k (-31.1%)
Spain-$38.8k (-67.6%)
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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 Undergarments were:
China $1.09B
India $251M
Turkey $201M
In 2023, Philippines's main importing competitors in Non-Knit Women's Undergarments were:
United States $548M
France $164M
United Kingdom $142M

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

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.07M
TOP IMPORT POTENTIALChina+ $1.64M

Non-Knit Women's Undergarments’s highest export potential is United States. With an export gap of $1.07M.   Non-Knit Women's Undergarments’s highest import potential is China with an import gap of $1.64M.

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