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Exports In 2022, Philippines exported $94.4k in Wooden Tool Handles, making it the 75th largest exporter of Wooden Tool Handles in the world. At the same year, Wooden Tool Handles was the 834th most exported product in Philippines. The main destination of Wooden Tool Handles exports from Philippines are: United States ($69.9k), Australia ($20.5k), Canada ($2.83k), and Germany ($1.11k).

The fastest growing export markets for Wooden Tool Handles of Philippines between 2021 and 2022 were United States ($60.8k), Australia ($20.5k), and Canada ($1.64k).

Imports In 2022, Philippines imported $2.19M in Wooden Tool Handles, becoming the 46th largest importer of Wooden Tool Handles in the world. At the same year, Wooden Tool Handles was the 935th most imported product in Philippines. Philippines imports Wooden Tool Handles primarily from: China ($2.11M), Indonesia ($47.7k), France ($13k), Hong Kong ($9.5k), and Japan ($6.14k).

The fastest growing import markets in Wooden Tool Handles for Philippines between 2021 and 2022 were China ($559k), Indonesia ($47.7k), and France ($6.82k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Wooden Tool Handles. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$94.4k
IMPORTS (2022)$2.19M
NET TRADE (2022)-$2.1M

In 2022, Philippines exported $94.4k in Wooden Tool Handles. The main destinations of Philippines exports on Wooden Tool Handles were United States ($69.9k), Australia ($20.5k), Canada ($2.83k), and Germany ($1.11k).

In 2022, Philippines imported $2.19M in Wooden Tool Handles, mainly from China ($2.11M), Indonesia ($47.7k), France ($13k), Hong Kong ($9.5k), and Japan ($6.14k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wooden Tool Handles EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United States$60.8k (662%)
Australia$20.5k (1%)
Canada$1.64k (138%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wooden Tool Handles BY Philippines WERE (2021 - 2022):
Chinese Taipei-$24.3k (-100%)
United Arab Emirates-$8.41k (-100%)
Germany-$4.11k (-78.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Wooden Tool Handles were:
China $155M
Italy $37.4M
Brazil $32.3M
In 2022, Philippines's main importing competitors in Wooden Tool Handles were:

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Trade Value of Wooden Tool Handles by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $36.4k
TOP IMPORT POTENTIALChina+ $131k

Wooden Tool Handles’s highest export potential is United States. With an export gap of $36.4k.   Wooden Tool Handles’s highest import potential is China with an import gap of $131k.

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