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2022
Exports $916MWorld Rnk 12 / 222
Flag Rnk 17 / 1127
2022
Destination $164M United States
2021 - 2022
FASTEST GROWING MARKET $164MUnited States
2022
PRODUCT COMPLEXITY IN Trunks and Cases-0.6Rnk 724 / 1025
2022
Imports $769MWorld Rnk 24 / 222
Flag Rnk 39 / 1201
2022
Origin $350M China
2021 - 2022
FASTEST GROWING ORIGIN $350MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $916M in Trunks and Cases, making it the 12th largest exporter of Trunks and Cases in the world. At the same year, Trunks and Cases was the 17th most exported product in Philippines. The main destination of Trunks and Cases exports from Philippines are: United States ($587M), Japan ($66.1M), Canada ($39.1M), China ($38.6M), and Australia ($25.4M).

The fastest growing export markets for Trunks and Cases of Philippines between 2021 and 2022 were United States ($164M), Canada ($14.6M), and Mexico ($13.9M).

Imports In 2022, Philippines imported $769M in Trunks and Cases, becoming the 24th largest importer of Trunks and Cases in the world. At the same year, Trunks and Cases was the 39th most imported product in Philippines. Philippines imports Trunks and Cases primarily from: China ($686M), Singapore ($20.1M), France ($17.1M), Italy ($11.2M), and Vietnam ($4.68M).

The fastest growing import markets in Trunks and Cases for Philippines between 2021 and 2022 were China ($350M), France ($7.35M), and Italy ($6.81M).

COMPANIES In 2023, leading companies such as Michael Kors (25), Callaway Golf (20), and Bass Pro Shops (1) were at the forefront of shipping Trunks and Cases from Philippines to the United States.

Latest Trends

August 2024

About

Overview In August 2024 Philippines' Trunks and Cases exports accounted up to $52.7M and imports accounted up to $27.5M, resulting in a positive trade balance of $25.2M. Between August 2023 and August 2024 the exports of Philippines'   Trunks and Cases have increased by $2.53M (5.04%) from $50.2M to $52.7M, while imports decreased by $-6.08M (-18.1%) from $33.5M to $27.5M.

Destinations In August 2024, Trunks and Cases were exported mostly to United States ($36M), Japan ($2.85M), Canada ($2.25M), Mexico ($2.14M), and China ($1.82M), and were imported mostly from China ($17.9M), Italy ($2.61M), France ($2.04M), Hong Kong ($1.3M), and Vietnam ($1.23M).

Growth In August 2024, the increase in Trunks and Cases's year-by-year exports was explained primarily by an increase in exports to Japan ($1.97M or 87.3%), Netherlands ($971k or 65.2%), and Mexico ($933k or 1.3k%). In August 2024, the decrease in Trunks and Cases's year-by-year imports was explained primarily by a decrease in imports from Chinese Taipei ($-85.5k or -88%), Malaysia ($-70.2k or -33%), and South Korea ($-48.9k or -27.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$2.53M(5.04%)
IMPORT GROWTH (August 2023 - August 2024)$-6.08M(-18.1%)
MAIN DESTINATION (August 2024)United States$36M

This section shows Trunks and Cases'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 Trunks and Cases over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$916M
IMPORTS (2022)$769M
NET TRADE (2022)$147M

In 2022, Philippines exported $916M in Trunks and Cases. The main destinations of Philippines exports on Trunks and Cases were United States ($587M), Japan ($66.1M), Canada ($39.1M), China ($38.6M), and Australia ($25.4M).

In 2022, Philippines imported $769M in Trunks and Cases, mainly from China ($686M), Singapore ($20.1M), France ($17.1M), Italy ($11.2M), and Vietnam ($4.68M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Trunks and Cases EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United States$164M (38.9%)
Canada$14.6M (59.9%)
Mexico$13.9M (722%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Trunks and Cases BY Philippines WERE (2021 - 2022):
Chinese Taipei-$2.91M (-30.6%)
Norway-$1.88M (-41.9%)
Russia-$1.56M (-99.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Trunks and Cases were:
China $33.1B
France $11.7B
Italy $9.74B
In 2022, Philippines's main importing competitors in Trunks and Cases were:
United States $14.3B
Japan $4.98B
Germany $4.76B

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Trade Value of Trunks and Cases by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $61.8M
TOP IMPORT POTENTIALChina+ $30.2M

Trunks and Cases’s highest export potential is China. With an export gap of $61.8M.   Trunks and Cases’s highest import potential is China with an import gap of $30.2M.

See methodology.

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