2022
Exports
$10.4MWorld Rnk 12 / 151
Flag Rnk 331 / 1127
2022
PRODUCT COMPLEXITY IN Furskin Apparel
-0.18Rnk 610 / 1025
2022
Imports
$2.19MWorld Rnk 47 / 187
Flag Rnk 934 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $10.4M in Furskin Apparel, making it the 12th largest exporter of Furskin Apparel in the world. At the same year, Furskin Apparel was the 331st most exported product in Philippines. The main destination of Furskin Apparel exports from Philippines are: Italy ($3.72M), Germany ($3.42M), United States ($2.46M), Norway ($183k), and Switzerland ($137k).

The fastest growing export markets for Furskin Apparel of Philippines between 2021 and 2022 were United States ($670k), Germany ($288k), and Iceland ($97.3k).

Imports In 2022, Philippines imported $2.19M in Furskin Apparel, becoming the 47th largest importer of Furskin Apparel in the world. At the same year, Furskin Apparel was the 934th most imported product in Philippines. Philippines imports Furskin Apparel primarily from: China ($1.68M), Italy ($344k), Chinese Taipei ($52.8k), South Korea ($36.4k), and Singapore ($25.1k).

The fastest growing import markets in Furskin Apparel for Philippines between 2021 and 2022 were China ($366k), Italy ($164k), and Chinese Taipei ($52.8k).

COMPANIES In 2023, leading companies such as Michael Kors (2) were at the forefront of shipping Furskin Apparel from Philippines to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$319k(216%)
IMPORT GROWTH (June 2023 - June 2024)$-77.6k(-88.3%)
MAIN DESTINATION (June 2024)Germany$414k

This section shows Furskin Apparel'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 Furskin Apparel over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$10.4M
IMPORTS (2022)$2.19M
NET TRADE (2022)$8.17M

In 2022, Philippines exported $10.4M in Furskin Apparel. The main destinations of Philippines exports on Furskin Apparel were Italy ($3.72M), Germany ($3.42M), United States ($2.46M), Norway ($183k), and Switzerland ($137k).

In 2022, Philippines imported $2.19M in Furskin Apparel, mainly from China ($1.68M), Italy ($344k), Chinese Taipei ($52.8k), South Korea ($36.4k), and Singapore ($25.1k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Furskin Apparel EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United States$670k (37.4%)
Germany$288k (9.22%)
Iceland$97.3k (777%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Furskin Apparel BY Philippines WERE (2021 - 2022):
Italy-$1.98M (-34.8%)
Russia-$419k (-100%)
Switzerland-$119k (-46.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Furskin Apparel were:
China $1.24B
Italy $298M
In 2022, Philippines's main importing competitors in Furskin Apparel were:

Explore Visualizations

Trade Value of Furskin Apparel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $586k
TOP IMPORT POTENTIALChina+ $895k

Furskin Apparel’s highest export potential is United States. With an export gap of $586k.   Furskin Apparel’s highest import potential is China with an import gap of $895k.

See methodology.

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