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Exports In 2022, Philippines exported $17.5k in Parachutes, making it the 76th largest exporter of Parachutes in the world. At the same year, Parachutes was the 959th most exported product in Philippines. The main destination of Parachutes exports from Philippines are: Germany ($15k), China ($1k), South Africa ($992), Singapore ($401), and France ($103).

The fastest growing export markets for Parachutes of Philippines between 2021 and 2022 were Germany ($15k), China ($1k), and South Africa ($992).

Imports In 2022, Philippines imported $7.48M in Parachutes, becoming the 17th largest importer of Parachutes in the world. At the same year, Parachutes was the 774th most imported product in Philippines. Philippines imports Parachutes primarily from: United States ($7.25M), United Kingdom ($54.5k), Vietnam ($54.4k), China ($27.2k), and Canada ($14.9k).

The fastest growing import markets in Parachutes for Philippines between 2021 and 2022 were United States ($7.25M), United Kingdom ($44.3k), and Vietnam ($33.7k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Parachutes. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$17.5k
IMPORTS (2022)$7.48M
NET TRADE (2022)-$7.46M

In 2022, Philippines exported $17.5k in Parachutes. The main destinations of Philippines exports on Parachutes were Germany ($15k), China ($1k), South Africa ($992), Singapore ($401), and France ($103).

In 2022, Philippines imported $7.48M in Parachutes, mainly from United States ($7.25M), United Kingdom ($54.5k), Vietnam ($54.4k), China ($27.2k), and Canada ($14.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Parachutes EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Germany$15k (1%)
China$1k (1%)
South Africa$992 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Parachutes BY Philippines WERE (2021 - 2022):Portugal-$1.29k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Parachutes were:
In 2022, Philippines's main importing competitors in Parachutes were:

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Trade Value of Parachutes by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $8.45k
TOP IMPORT POTENTIALVietnam+ $110k

Parachutes’s highest export potential is Germany. With an export gap of $8.45k.   Parachutes’s highest import potential is Vietnam with an import gap of $110k.

See methodology.

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