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2022
Exports $6.23MWorld Rnk 59 / 198
Flag Rnk 390 / 1127
2022
Destination $391k Burma
2021 - 2022
FASTEST GROWING MARKET $391kJapan
2022
PRODUCT COMPLEXITY IN Paper Labels-0.031Rnk 557 / 1025
2022
Imports $54.2MWorld Rnk 32 / 224
Flag Rnk 370 / 1201
2022
Origin $3.13M China
2021 - 2022
FASTEST GROWING ORIGIN $3.13MChinese Taipei
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $6.23M in Paper Labels, making it the 59th largest exporter of Paper Labels in the world. At the same year, Paper Labels was the 390th most exported product in Philippines. The main destination of Paper Labels exports from Philippines are: Burma ($1.72M), Japan ($1.15M), Chinese Taipei ($1.02M), Australia ($776k), and Brazil ($327k).

The fastest growing export markets for Paper Labels of Philippines between 2021 and 2022 were Japan ($391k), Germany ($122k), and Australia ($56.1k).

Imports In 2022, Philippines imported $54.2M in Paper Labels, becoming the 32nd largest importer of Paper Labels in the world. At the same year, Paper Labels was the 370th most imported product in Philippines. Philippines imports Paper Labels primarily from: China ($21.4M), Hong Kong ($10.4M), Chinese Taipei ($7.36M), Japan ($3.77M), and South Korea ($2.74M).

The fastest growing import markets in Paper Labels for Philippines between 2021 and 2022 were Chinese Taipei ($3.13M), China ($2.63M), and Hong Kong ($2.44M).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Paper Labels exports accounted up to $288k and imports accounted up to $1.18M, resulting in a negative trade balance of $889k. Between June 2023 and June 2024 the exports of Philippines'   Paper Labels have decreased by $-188k (-39.4%) from $476k to $288k, while imports decreased by $-2.91M (-71.2%) from $4.09M to $1.18M.

Destinations In June 2024, Paper Labels were exported mostly to Japan ($246k), Hong Kong ($17.4k), Papua New Guinea ($8.93k), France ($5.52k), and Vietnam ($2.67k), and were imported mostly from Japan ($410k), South Korea ($153k), Hong Kong ($146k), United States ($112k), and Chinese Taipei ($99.1k).

Growth In June 2024, the decrease in Paper Labels's year-by-year exports was explained primarily by a decrease in exports to France ($-1.95k or -42.9%). In June 2024, the decrease in Paper Labels's year-by-year imports was explained primarily by a decrease in imports from China ($-389k or -22.2%), Japan ($-322k or -44%), and Chinese Taipei ($-305k or -91.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-188k(-39.4%)
IMPORT GROWTH (June 2023 - June 2024)$-2.91M(-71.2%)
MAIN DESTINATION (June 2024)Japan$246k

This section shows Paper Labels'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 Paper Labels over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.23M
IMPORTS (2022)$54.2M
NET TRADE (2022)-$48M

In 2022, Philippines exported $6.23M in Paper Labels. The main destinations of Philippines exports on Paper Labels were Burma ($1.72M), Japan ($1.15M), Chinese Taipei ($1.02M), Australia ($776k), and Brazil ($327k).

In 2022, Philippines imported $54.2M in Paper Labels, mainly from China ($21.4M), Hong Kong ($10.4M), Chinese Taipei ($7.36M), Japan ($3.77M), and South Korea ($2.74M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Paper Labels EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Japan$391k (51.8%)
Germany$122k (156%)
Australia$56.1k (7.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Paper Labels BY Philippines WERE (2021 - 2022):
Burma-$1.24M (-41.9%)
Indonesia-$376k (-77.4%)
Singapore-$206k (-45.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Paper Labels were:
China $1.36B
United States $628M
Germany $583M
In 2022, Philippines's main importing competitors in Paper Labels were:
United States $510M
Germany $371M
France $299M

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Trade Value of Paper Labels by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $276k
TOP IMPORT POTENTIALChina+ $4.31M

Paper Labels’s highest export potential is Germany. With an export gap of $276k.   Paper Labels’s highest import potential is China with an import gap of $4.31M.

See methodology.

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