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2022
Exports $61.4MWorld Rnk 19 / 176
Flag Rnk 152 / 1127
2022
Destination $6.93M Japan
2021 - 2022
FASTEST GROWING MARKET $6.93MUnited States
2022
PRODUCT COMPLEXITY IN Plastic Wash Basins0.5Rnk 366 / 1025
2022
Imports $28.6MWorld Rnk 43 / 222
Flag Rnk 507 / 1201
2022
Origin $4.78M China
2021 - 2022
FASTEST GROWING ORIGIN $4.78MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $61.4M in Plastic Wash Basins, making it the 19th largest exporter of Plastic Wash Basins in the world. At the same year, Plastic Wash Basins was the 152nd most exported product in Philippines. The main destination of Plastic Wash Basins exports from Philippines are: Japan ($51.8M), United States ($9.14M), China ($98.6k), Australia ($93.8k), and United Kingdom ($77.1k).

The fastest growing export markets for Plastic Wash Basins of Philippines between 2021 and 2022 were United States ($6.93M), Australia ($70.6k), and China ($41.8k).

Imports In 2022, Philippines imported $28.6M in Plastic Wash Basins, becoming the 43rd largest importer of Plastic Wash Basins in the world. At the same year, Plastic Wash Basins was the 507th most imported product in Philippines. Philippines imports Plastic Wash Basins primarily from: China ($24.3M), United States ($844k), Thailand ($640k), Japan ($632k), and Chinese Taipei ($482k).

The fastest growing import markets in Plastic Wash Basins for Philippines between 2021 and 2022 were China ($4.78M), United States ($289k), and Malaysia ($176k).

COMPANIES In 2023, leading companies such as Amazon (4) were at the forefront of shipping Plastic Wash Basins from Philippines to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Plastic Wash Basins exports accounted up to $125k and imports accounted up to $296k, resulting in a negative trade balance of $171k. Between June 2023 and June 2024 the exports of Philippines'   Plastic Wash Basins have decreased by $-683k (-84.5%) from $808k to $125k, while imports decreased by $-601k (-67%) from $897k to $296k.

Destinations In June 2024, Plastic Wash Basins were exported mostly to Japan ($73k), United States ($51.2k), Germany ($502), and Australia ($216), and were imported mostly from Japan ($142k), United States ($56.1k), Germany ($35.9k), Thailand ($30.2k), and Italy ($11.1k).

Growth In June 2024, the decrease in Plastic Wash Basins's year-by-year exports was explained primarily by a decrease in exports to Japan ($-1.04M or -56.2%) and Afghanistan ($-2.8k or -62%). In June 2024, the decrease in Plastic Wash Basins's year-by-year imports was explained primarily by a decrease in imports from China ($-70.8k or -8.82%), Japan ($-7.89k or -74.9%), and Chinese Taipei ($-4.27k or -36.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-683k(-84.5%)
IMPORT GROWTH (June 2023 - June 2024)$-601k(-67%)
MAIN DESTINATION (June 2024)Japan$73k

This section shows Plastic Wash Basins'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 Plastic Wash Basins over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$61.4M
IMPORTS (2022)$28.6M
NET TRADE (2022)$32.8M

In 2022, Philippines exported $61.4M in Plastic Wash Basins. The main destinations of Philippines exports on Plastic Wash Basins were Japan ($51.8M), United States ($9.14M), China ($98.6k), Australia ($93.8k), and United Kingdom ($77.1k).

In 2022, Philippines imported $28.6M in Plastic Wash Basins, mainly from China ($24.3M), United States ($844k), Thailand ($640k), Japan ($632k), and Chinese Taipei ($482k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Plastic Wash Basins EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United States$6.93M (315%)
Australia$70.6k (305%)
China$41.8k (73.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastic Wash Basins BY Philippines WERE (2021 - 2022):
Japan-$3.43M (-6.21%)
Ireland-$72.5k (-91.2%)
United Arab Emirates-$23.3k (-63.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Plastic Wash Basins were:
China $1.66B
Germany $863M
Spain $250M
In 2022, Philippines's main importing competitors in Plastic Wash Basins were:
United States $675M
Germany $541M
France $407M

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Trade Value of Plastic Wash Basins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.88M
TOP IMPORT POTENTIALChina+ $2.67M

Plastic Wash Basins’s highest export potential is United States. With an export gap of $2.88M.   Plastic Wash Basins’s highest import potential is China with an import gap of $2.67M.

See methodology.

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