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2022 - 2023
FASTEST GROWING MARKET $950kHong Kong
2023
PRODUCT COMPLEXITY IN Processed Hair-1.45Rnk 937 / 1025
2023
Origin $353kN/A
2022 - 2023
FASTEST GROWING ORIGIN $353kSouth Korea
2023
ECONOMIC COMPLEXITY of Philippines0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported N/A in Processed Hair, making it the 12th largest exporter of Processed Hair in the world. At the same year, Processed Hair was the 379th most exported product in Philippines. The main destination of Processed Hair exports from Philippines are: Hong Kong ($2.27M), China ($2.11M), Italy ($805k), Thailand ($362k), and Austria ($59.3k).

The fastest growing export markets for Processed Hair of Philippines between 2022 and 2023 were Hong Kong ($950k), China ($732k), and Italy ($490k).

The fastest growing import markets in Processed Hair for Philippines between 2022 and 2023 were South Korea ($353k), United Kingdom ($6.47k), and Italy ($3.91k).

Latest Trends

July 2024

About

Overview In July 2024 Philippines' Processed Hair exports accounted up to $37.9k and imports accounted up to $137k, resulting in a negative trade balance of $99.5k. Between July 2023 and July 2024 the exports of Philippines'   Processed Hair have decreased by $-1.37k (-3.49%) from $39.3k to $37.9k, while imports increased by $40.4k (41.6%) from $97k to $137k.

Destinations In July 2024, Processed Hair were exported mostly to Thailand ($37.9k), and were imported mostly from China ($79.9k), Thailand ($28.4k), Japan ($16.7k), South Korea ($12.4k), and Spain ($34).

Growth In July 2024, the decrease in Processed Hair's year-by-year exports was explained primarily by a decrease in exports to . In July 2024, the increase in Processed Hair's year-by-year imports was explained primarily by an increase in imports from Thailand ($7.17k or 29.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-1.37k(-3.49%)
IMPORT GROWTH (July 2023 - July 2024)$40.4k(41.6%)
MAIN DESTINATION (July 2024)Thailand$37.9k

This section shows Processed Hair'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 Processed Hair over time.

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Historical Data

Trade Balance

Color

In N/A, Philippines exported N/A in Processed Hair. The main destinations of Philippines exports on Processed Hair were Hong Kong ($2.27M), China ($2.11M), Italy ($805k), Thailand ($362k), and Austria ($59.3k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Processed Hair EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
Hong Kong$950k (72.1%)
China$732k (53.3%)
Italy$490k (156%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Hair BY Philippines WERE (2022 - 2023):
Japan-$209k (-96.8%)
India-$71.5k (-77.2%)
Nigeria-$18.7k (-73.7%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Philippines's main exporting competitors in Processed Hair were:
India $540M
Burma $514M
China $243M
In 2023, Philippines's main importing competitors in Processed Hair were:
China $1.08B
North Korea $160M
United States $23.7M

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Trade Value of Processed Hair by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Processed Hair’s highest export potential is N/A. With an export gap of N/A.   Processed Hair’s highest import potential is N/A with an import gap of N/A.

See methodology.

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