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2022
Exports $8.89MWorld Rnk 44 / 119
Flag Rnk 354 / 1127
2022
Destination $3.26M China
2021 - 2022
FASTEST GROWING MARKET $3.26MChina
2022
PRODUCT COMPLEXITY IN Polyamides1.5Rnk 51 / 1025
2022
Imports $112MWorld Rnk 32 / 190
Flag Rnk 242 / 1201
2022
Origin $7.72M China
2021 - 2022
FASTEST GROWING ORIGIN $7.72MIsrael
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $8.89M in Polyamides, making it the 44th largest exporter of Polyamides in the world. At the same year, Polyamides was the 354th most exported product in Philippines. The main destination of Polyamides exports from Philippines are: China ($7.06M), Netherlands ($665k), Chinese Taipei ($411k), Indonesia ($289k), and Singapore ($137k).

The fastest growing export markets for Polyamides of Philippines between 2021 and 2022 were China ($3.26M), Netherlands ($528k), and Singapore ($132k).

Imports In 2022, Philippines imported $112M in Polyamides, becoming the 32nd largest importer of Polyamides in the world. At the same year, Polyamides was the 242nd most imported product in Philippines. Philippines imports Polyamides primarily from: China ($26.3M), Israel ($21.6M), Thailand ($14M), Japan ($13.9M), and Malaysia ($11.8M).

The fastest growing import markets in Polyamides for Philippines between 2021 and 2022 were Israel ($7.72M), Thailand ($1.6M), and South Korea ($420k).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Polyamides exports accounted up to $7.85k and imports accounted up to $3.74M, resulting in a negative trade balance of $3.73M. Between June 2023 and June 2024 the exports of Philippines'   Polyamides have increased by $7.7k (5.14k%) from $150 to $7.85k, while imports decreased by $-4.62M (-55.3%) from $8.36M to $3.74M.

Destinations In June 2024, Polyamides were exported mostly to Malaysia ($7.85k), and were imported mostly from Singapore ($1.08M), Thailand ($966k), Japan ($815k), South Korea ($256k), and Hong Kong ($108k).

Growth In June 2024, the increase in Polyamides's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the decrease in Polyamides's year-by-year imports was explained primarily by a decrease in imports from United States ($-884k or -99.6%), Malaysia ($-476k or -41.8%), and Japan ($-347k or -23.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$7.7k(5.14k%)
IMPORT GROWTH (June 2023 - June 2024)$-4.62M(-55.3%)
MAIN DESTINATION (June 2024)Malaysia$7.85k

This section shows Polyamides'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 Polyamides over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$8.89M
IMPORTS (2022)$112M
NET TRADE (2022)-$103M

In 2022, Philippines exported $8.89M in Polyamides. The main destinations of Philippines exports on Polyamides were China ($7.06M), Netherlands ($665k), Chinese Taipei ($411k), Indonesia ($289k), and Singapore ($137k).

In 2022, Philippines imported $112M in Polyamides, mainly from China ($26.3M), Israel ($21.6M), Thailand ($14M), Japan ($13.9M), and Malaysia ($11.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Polyamides EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
China$3.26M (85.7%)
Netherlands$528k (386%)
Singapore$132k (2.87k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Polyamides BY Philippines WERE (2021 - 2022):
Chinese Taipei-$270k (-39.7%)
Laos-$19.6k (-100%)
Japan-$8.98k (-97.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Polyamides were:
United States $3.27B
Germany $3.19B
China $2.05B
In 2022, Philippines's main importing competitors in Polyamides were:
Germany $2.02B
China $1.84B
Italy $1.03B

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Trade Value of Polyamides by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.59M
TOP IMPORT POTENTIALChina+ $7.31M

Polyamides’s highest export potential is China. With an export gap of $3.59M.   Polyamides’s highest import potential is China with an import gap of $7.31M.

See methodology.

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