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2023
Exports $6.68MWorld Rnk 46 / 119
Flag Rnk 358 / 1123
2023
Destination $67.7k China
2022 - 2023
FASTEST GROWING MARKET $67.7kIndia
2023
PRODUCT COMPLEXITY IN Polyamides1.51Rnk 43 / 1025
2023
Imports $98.3MWorld Rnk 32 / 185
Flag Rnk 210 / 1202
2023
Origin $5.69M China
2022 - 2023
FASTEST GROWING ORIGIN $5.69MChina
2023
ECONOMIC COMPLEXITY of Philippines0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $6.68M in Polyamides, making it the 46th largest exporter of Polyamides in the world. At the same year, Polyamides was the 358th most exported product in Philippines. The main destination of Polyamides exports from Philippines are: China ($5.46M), Netherlands ($533k), Indonesia ($302k), India ($87.2k), and Malaysia ($86.3k).

The fastest growing export markets for Polyamides of Philippines between 2022 and 2023 were India ($67.7k), Malaysia ($38.6k), and Italy ($21.4k).

Imports In 2023, Philippines imported $98.3M in Polyamides, becoming the 32nd largest importer of Polyamides in the world. At the same year, Polyamides was the 210th most imported product in Philippines. Philippines imports Polyamides primarily from: China ($34.5M), Japan ($14.8M), Singapore ($11.8M), Thailand ($10.6M), and Malaysia ($7.69M).

The fastest growing import markets in Polyamides for Philippines between 2022 and 2023 were China ($5.69M), Singapore ($3.29M), and South Korea ($1.26M).

Latest Trends

July 2024

About

Overview In July 2024 Philippines' Polyamides exports accounted up to $82.8k and imports accounted up to $8.38M, resulting in a negative trade balance of $8.29M. Between June 2023 and July 2024 the exports of Philippines'   Polyamides have increased by $82.6k (55.1k%) from $150 to $82.8k, while imports increased by $18.7k (0.22%) from $8.36M to $8.38M.

Destinations In July 2024, Polyamides were exported mostly to China ($71.8k) and Malaysia ($11k), and were imported mostly from Singapore ($2.06M), China ($1.76M), Thailand ($1.29M), Japan ($1.22M), and Malaysia ($947k).

Growth In July 2024, the increase in Polyamides's year-by-year exports was explained primarily by an increase in exports to . In July 2024, the increase in Polyamides's year-by-year imports was explained primarily by an increase in imports from China ($1.79M or 114%), Thailand ($523k or 52.3%), and Singapore ($325k or 68.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - July 2024)$82.6k(55.1k%)
IMPORT GROWTH (July 2023 - July 2024)$18.7k(0.22%)
MAIN DESTINATION (July 2024)China$71.8k

This section shows Polyamides'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 Polyamides over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$6.68M
IMPORTS (2023)$98.3M
NET TRADE (2023)-$91.6M

In 2023, Philippines exported $6.68M in Polyamides. The main destinations of Philippines exports on Polyamides were China ($5.46M), Netherlands ($533k), Indonesia ($302k), India ($87.2k), and Malaysia ($86.3k).

In 2023, Philippines imported $98.3M in Polyamides, mainly from China ($34.5M), Japan ($14.8M), Singapore ($11.8M), Thailand ($10.6M), and Malaysia ($7.69M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Polyamides EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
India$67.7k (347%)
Malaysia$38.6k (80.8%)
Italy$21.4k (53.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Polyamides BY Philippines WERE (2022 - 2023):
China-$1.36M (-19.9%)
Chinese Taipei-$417k (-86.9%)
Netherlands-$290k (-35.2%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Philippines's main exporting competitors in Polyamides were:
Germany $2.64B
United States $2.61B
China $1.84B
In 2023, Philippines's main importing competitors in Polyamides were:
Germany $1.66B
China $1.65B
Italy $885M

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Trade Value of Polyamides by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.59M
TOP IMPORT POTENTIALChina+ $7.31M

Polyamides’s highest export potential is China. With an export gap of $3.59M.   Polyamides’s highest import potential is China with an import gap of $7.31M.

See methodology.

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