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2022
Exports $37.7MWorld Rnk 10 / 175
Flag Rnk 196 / 1127
2022
Destination $5.37M Japan
2021 - 2022
FASTEST GROWING MARKET $5.37MHong Kong
2022
PRODUCT COMPLEXITY IN Fake Hair-2.31Rnk 1013 / 1025
2022
Imports $17.1MWorld Rnk 31 / 210
Flag Rnk 609 / 1201
2022
Origin $12.6MN/A
2021 - 2022
FASTEST GROWING ORIGIN $12.6MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $37.7M in Fake Hair, making it the 10th largest exporter of Fake Hair in the world. At the same year, Fake Hair was the 196th most exported product in Philippines. The main destination of Fake Hair exports from Philippines are: Japan ($26.7M), Hong Kong ($5.4M), Germany ($2.15M), United States ($1.13M), and Belgium ($618k).

The fastest growing export markets for Fake Hair of Philippines between 2021 and 2022 were Hong Kong ($5.37M), Germany ($1.55M), and Austria ($219k).

Imports In 2022, Philippines imported $17.1M in Fake Hair, becoming the 31st largest importer of Fake Hair in the world. At the same year, Fake Hair was the 609th most imported product in Philippines. Philippines imports Fake Hair primarily from: N/A.

The fastest growing import markets in Fake Hair for Philippines between 2021 and 2022 were China ($12.6M), South Korea ($189k), and India ($142k).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Fake Hair exports accounted up to $1.57M and imports accounted up to $47.9k, resulting in a positive trade balance of $1.52M. Between June 2023 and June 2024 the exports of Philippines'   Fake Hair have decreased by $-782k (-33.3%) from $2.35M to $1.57M, while imports decreased by $-28.3k (-37.1%) from $76.1k to $47.9k.

Destinations In June 2024, Fake Hair were exported mostly to Japan ($1.52M), United States ($46.3k), Netherlands ($1.57k), France ($1.5k), and Thailand ($1.03k), and were imported mostly from South Korea ($23.5k), Japan ($18.7k), United States ($3.53k), Belgium ($828), and Germany ($638).

Growth In June 2024, the decrease in Fake Hair's year-by-year exports was explained primarily by a decrease in exports to Thailand ($-18.8k or -97.8%), United States ($-17.5k or -21.2%), and Netherlands ($-1.09k or -43.9%). In June 2024, the decrease in Fake Hair's year-by-year imports was explained primarily by a decrease in imports from N/A.

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-782k(-33.3%)
IMPORT GROWTH (June 2023 - June 2024)$-28.3k(-37.1%)
MAIN DESTINATION (June 2024)Japan$1.52M

This section shows Fake 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 Fake Hair over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$37.7M
IMPORTS (2022)$17.1M
NET TRADE (2022)$20.6M

In 2022, Philippines exported $37.7M in Fake Hair. The main destinations of Philippines exports on Fake Hair were Japan ($26.7M), Hong Kong ($5.4M), Germany ($2.15M), United States ($1.13M), and Belgium ($618k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fake Hair EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Hong Kong$5.37M (17.4k%)
Germany$1.55M (257%)
Austria$219k (111%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fake Hair BY Philippines WERE (2021 - 2022):
Japan-$2.05M (-7.13%)
France-$177k (-66.8%)
Spain-$130k (-78.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Fake Hair were:
China $3.28B
Indonesia $482M
Bangladesh $186M
In 2022, Philippines's main importing competitors in Fake Hair were:
United States $2.01B
Nigeria $461M
South Africa $226M

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Trade Value of Fake Hair by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.05M
N/AN/AN/A

Fake Hair’s highest export potential is United States. With an export gap of $2.05M.   Fake Hair’s highest import potential is N/A with an import gap of N/A.

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