Umbrella and Walking Stick Accessories in Philippines | The Observatory of Economic Complexity

About

Exports In 2022, Philippines exported $1.12M in Umbrella and Walking Stick Accessories, making it the 30th largest exporter of Umbrella and Walking Stick Accessories in the world. At the same year, Umbrella and Walking Stick Accessories was the 595th most exported product in Philippines. The main destination of Umbrella and Walking Stick Accessories exports from Philippines are: United States ($661k), Japan ($451k), Switzerland ($3.73k), and Canada ($1.09k).

The fastest growing export markets for Umbrella and Walking Stick Accessories of Philippines between 2021 and 2022 were United States ($326k), Japan ($206k), and Switzerland ($3.68k).

Imports In 2022, Philippines imported $2.86M in Umbrella and Walking Stick Accessories, becoming the 30th largest importer of Umbrella and Walking Stick Accessories in the world. At the same year, Umbrella and Walking Stick Accessories was the 898th most imported product in Philippines. Philippines imports Umbrella and Walking Stick Accessories primarily from: China ($2.65M), Japan ($95k), Thailand ($49.6k), Hong Kong ($19.7k), and South Korea ($15.1k).

The fastest growing import markets in Umbrella and Walking Stick Accessories for Philippines between 2021 and 2022 were China ($1.7M), Japan ($79.8k), and Thailand ($42.1k).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Umbrella and Walking Stick Accessories exports accounted up to $119k and imports accounted up to $12.7k, resulting in a positive trade balance of $107k. Between June 2023 and June 2024 the exports of Philippines' Umbrella and Walking Stick Accessories have decreased by $-72.9k (-37.9%) from $192k to $119k, while imports decreased by $-102k (-89%) from $115k to $12.7k.

Destinations In June 2024, Umbrella and Walking Stick Accessories were exported mostly to Japan ($106k) and South Korea ($12.9k), and were imported mostly from Japan ($8.65k), Lithuania ($1.98k), Spain ($1.88k), and Germany ($146).

Growth In June 2024, the decrease in Umbrella and Walking Stick Accessories's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the decrease in Umbrella and Walking Stick Accessories's year-by-year imports was explained primarily by a decrease in imports from Germany ($-115 or -46.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (June 2023 - June 2024)$-72.9k(-37.9%)

IMPORT GROWTH (June 2023 - June 2024)$-102k(-89%)

MAIN DESTINATION (June 2024)Japan$106k

This section shows Umbrella and Walking Stick Accessories'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 Umbrella and Walking Stick Accessories over time.

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