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Pricing

2022
Exports $27.3MWorld Rnk 28 / 150
Flag Rnk 227 / 1127
2022
Destination $4.92M Indonesia
2021 - 2022
FASTEST GROWING MARKET $4.92MBurma
2022
PRODUCT COMPLEXITY IN Wadding-0.33Rnk 657 / 1025
2022
Imports $42.2MWorld Rnk 19 / 216
Flag Rnk 414 / 1201
2022
Origin $3.85M China
2021 - 2022
FASTEST GROWING ORIGIN $3.85MLithuania
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $27.3M in Wadding, making it the 28th largest exporter of Wadding in the world. At the same year, Wadding was the 227th most exported product in Philippines. The main destination of Wadding exports from Philippines are: Indonesia ($6.15M), Burma ($5.4M), Vietnam ($4.76M), Cambodia ($2.31M), and Chinese Taipei ($1.68M).

The fastest growing export markets for Wadding of Philippines between 2021 and 2022 were Burma ($4.92M), Indonesia ($1.97M), and Vietnam ($1.83M).

Imports In 2022, Philippines imported $42.2M in Wadding, becoming the 19th largest importer of Wadding in the world. At the same year, Wadding was the 414th most imported product in Philippines. Philippines imports Wadding primarily from: China ($17.3M), Thailand ($8.81M), Lithuania ($5.17M), South Korea ($4.28M), and Malaysia ($1.45M).

The fastest growing import markets in Wadding for Philippines between 2021 and 2022 were Lithuania ($3.85M), Thailand ($2.54M), and South Korea ($1.46M).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Wadding exports accounted up to $1.63M and imports accounted up to $2.6M, resulting in a negative trade balance of $968k. Between June 2023 and June 2024 the exports of Philippines'   Wadding have decreased by $-386k (-19.1%) from $2.02M to $1.63M, while imports decreased by $-257k (-9%) from $2.86M to $2.6M.

Destinations In June 2024, Wadding were exported mostly to Burma ($1.04M), Chinese Taipei ($302k), Indonesia ($148k), Vietnam ($141k), and India ($1.53k), and were imported mostly from Hong Kong ($718k), Thailand ($648k), Netherlands ($408k), Vietnam ($288k), and South Korea ($221k).

Growth In June 2024, the decrease in Wadding's year-by-year exports was explained primarily by a decrease in exports to Indonesia ($-170k or -35.2%) and Vietnam ($-66.2k or -60.2%). In June 2024, the decrease in Wadding's year-by-year imports was explained primarily by a decrease in imports from Japan ($-258k or -85.9%), Singapore ($-26.7k or -86.2%), and United States ($-4.01k or -49.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-386k(-19.1%)
IMPORT GROWTH (June 2023 - June 2024)$-257k(-9%)
MAIN DESTINATION (June 2024)Burma$1.04M

This section shows Wadding'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 Wadding over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$27.3M
IMPORTS (2022)$42.2M
NET TRADE (2022)-$15M

In 2022, Philippines exported $27.3M in Wadding. The main destinations of Philippines exports on Wadding were Indonesia ($6.15M), Burma ($5.4M), Vietnam ($4.76M), Cambodia ($2.31M), and Chinese Taipei ($1.68M).

In 2022, Philippines imported $42.2M in Wadding, mainly from China ($17.3M), Thailand ($8.81M), Lithuania ($5.17M), South Korea ($4.28M), and Malaysia ($1.45M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wadding EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Burma$4.92M (1.02k%)
Indonesia$1.97M (47.3%)
Vietnam$1.83M (62.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wadding BY Philippines WERE (2021 - 2022):
Japan-$856k (-58.9%)
South Korea-$844k (-33.8%)
India-$159k (-94.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Wadding were:
China $474M
Netherlands $183M
Lithuania $153M
In 2022, Philippines's main importing competitors in Wadding were:
United States $226M
France $145M
Japan $141M

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Trade Value of Wadding by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $840k
TOP IMPORT POTENTIALJapan+ $733k

Wadding’s highest export potential is United States. With an export gap of $840k.   Wadding’s highest import potential is Japan with an import gap of $733k.

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