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2022
Exports $10.7MWorld Rnk 44 / 209
Flag Rnk 325 / 1127
2022
Destination $1.22M Hong Kong
2021 - 2022
FASTEST GROWING MARKET $1.22MHong Kong
2022
PRODUCT COMPLEXITY IN Used Clothing-0.56Rnk 716 / 1025
2022
Imports $146MWorld Rnk 11 / 216
Flag Rnk 198 / 1201
2022
Origin $27.6M China
2021 - 2022
FASTEST GROWING ORIGIN $27.6MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $10.7M in Used Clothing, making it the 44th largest exporter of Used Clothing in the world. At the same year, Used Clothing was the 325th most exported product in Philippines. The main destination of Used Clothing exports from Philippines are: Hong Kong ($3.73M), Pakistan ($1.34M), Cambodia ($1.12M), Malaysia ($998k), and India ($703k).

The fastest growing export markets for Used Clothing of Philippines between 2021 and 2022 were Hong Kong ($1.22M), Cambodia ($299k), and Pakistan ($195k).

Imports In 2022, Philippines imported $146M in Used Clothing, becoming the 11th largest importer of Used Clothing in the world. At the same year, Used Clothing was the 198th most imported product in Philippines. Philippines imports Used Clothing primarily from: China ($58.1M), South Korea ($31M), Pakistan ($13.2M), United States ($9.95M), and Japan ($7.3M).

The fastest growing import markets in Used Clothing for Philippines between 2021 and 2022 were China ($27.6M), Chinese Taipei ($2.68M), and Kuwait ($1.69M).

Latest Trends

July 2024

About

Overview In July 2024 Philippines' Used Clothing exports accounted up to $836k and imports accounted up to $252k, resulting in a positive trade balance of $584k. Between July 2023 and July 2024 the exports of Philippines'   Used Clothing have decreased by $-340k (-28.9%) from $1.18M to $836k, while imports decreased by $-1.02M (-80.2%) from $1.27M to $252k.

Destinations In July 2024, Used Clothing were exported mostly to Hong Kong ($402k), Japan ($80k), Cambodia ($75.3k), Malaysia ($68.3k), and Thailand ($41.3k), and were imported mostly from Pakistan ($156k), United States ($45.6k), India ($29.5k), Chinese Taipei ($13.3k), and Canada ($7.47k).

Growth In July 2024, the decrease in Used Clothing's year-by-year exports was explained primarily by a decrease in exports to Hong Kong ($-229k or -41.6%) and Thailand ($-11.8k or -18.7%). In July 2024, the decrease in Used Clothing's year-by-year imports was explained primarily by a decrease in imports from Japan ($-567k or -68.2%), South Korea ($-394k or -88.4%), and Hong Kong ($-146k or -93.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$-340k(-28.9%)
IMPORT GROWTH (July 2023 - July 2024)$-1.02M(-80.2%)
MAIN DESTINATION (July 2024)Hong Kong$402k

This section shows Used Clothing'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 Used Clothing over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$10.7M
IMPORTS (2022)$146M
NET TRADE (2022)-$135M

In 2022, Philippines exported $10.7M in Used Clothing. The main destinations of Philippines exports on Used Clothing were Hong Kong ($3.73M), Pakistan ($1.34M), Cambodia ($1.12M), Malaysia ($998k), and India ($703k).

In 2022, Philippines imported $146M in Used Clothing, mainly from China ($58.1M), South Korea ($31M), Pakistan ($13.2M), United States ($9.95M), and Japan ($7.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Used Clothing EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Hong Kong$1.22M (48.4%)
Cambodia$299k (36.4%)
Pakistan$195k (17%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Used Clothing BY Philippines WERE (2021 - 2022):
Malaysia-$1.38M (-58.1%)
Thailand-$425k (-44.8%)
Ghana-$119k (-89.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Used Clothing were:
United States $1.01B
China $852M
United Kingdom $430M
In 2022, Philippines's main importing competitors in Used Clothing were:
Pakistan $250M
United Arab Emirates $233M
Chile $225M

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Trade Value of Used Clothing by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $381k
TOP IMPORT POTENTIALPakistan+ $3.03M

Used Clothing’s highest export potential is India. With an export gap of $381k.   Used Clothing’s highest import potential is Pakistan with an import gap of $3.03M.

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