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2022
Exports $18.5MWorld Rnk 29 / 213
Flag Rnk 270 / 1127
2022
Destination $1.85M Netherlands
2021 - 2022
FASTEST GROWING MARKET $1.85MNetherlands
2022
PRODUCT COMPLEXITY IN Other Footwear-0.74Rnk 766 / 1025
2022
Imports $47.3MWorld Rnk 18 / 220
Flag Rnk 395 / 1201
2022
Origin $5.43M China
2021 - 2022
FASTEST GROWING ORIGIN $5.43MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $18.5M in Other Footwear, making it the 29th largest exporter of Other Footwear in the world. At the same year, Other Footwear was the 270th most exported product in Philippines. The main destination of Other Footwear exports from Philippines are: Netherlands ($4.21M), United States ($3.32M), United Kingdom ($1.85M), Canada ($1.8M), and Japan ($1.22M).

The fastest growing export markets for Other Footwear of Philippines between 2021 and 2022 were Netherlands ($1.85M), United States ($1.45M), and Canada ($778k).

Imports In 2022, Philippines imported $47.3M in Other Footwear, becoming the 18th largest importer of Other Footwear in the world. At the same year, Other Footwear was the 395th most imported product in Philippines. Philippines imports Other Footwear primarily from: China ($29.4M), Malaysia ($11.6M), Hong Kong ($1.67M), South Korea ($1.16M), and Vietnam ($608k).

The fastest growing import markets in Other Footwear for Philippines between 2021 and 2022 were China ($5.43M), South Korea ($776k), and Hong Kong ($722k).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Other Footwear exports accounted up to $229k and imports accounted up to $477k, resulting in a negative trade balance of $248k. Between June 2023 and June 2024 the exports of Philippines'   Other Footwear have increased by $105k (84.4%) from $124k to $229k, while imports decreased by $-20M (-97.7%) from $20.5M to $477k.

Destinations In June 2024, Other Footwear were exported mostly to China ($212k), Malaysia ($6.06k), Singapore ($6.01k), Vietnam ($3.5k), and Guam ($2.02k), and were imported mostly from Hong Kong ($210k), Vietnam ($107k), Thailand ($65.5k), South Korea ($30.7k), and Singapore ($22.8k).

Growth In June 2024, the increase in Other Footwear's year-by-year exports was explained primarily by an increase in exports to . In June 2024, the decrease in Other Footwear's year-by-year imports was explained primarily by a decrease in imports from Thailand ($-49.6k or -86.1%), Hong Kong ($-25k or -10.9%), and Chinese Taipei ($-725 or -7.78%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$105k(84.4%)
IMPORT GROWTH (June 2023 - June 2024)$-20M(-97.7%)
MAIN DESTINATION (June 2024)China$212k

This section shows Other Footwear'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 Other Footwear over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$18.5M
IMPORTS (2022)$47.3M
NET TRADE (2022)-$28.9M

In 2022, Philippines exported $18.5M in Other Footwear. The main destinations of Philippines exports on Other Footwear were Netherlands ($4.21M), United States ($3.32M), United Kingdom ($1.85M), Canada ($1.8M), and Japan ($1.22M).

In 2022, Philippines imported $47.3M in Other Footwear, mainly from China ($29.4M), Malaysia ($11.6M), Hong Kong ($1.67M), South Korea ($1.16M), and Vietnam ($608k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Footwear EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Netherlands$1.85M (78.3%)
United States$1.45M (77.7%)
Canada$778k (76.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Footwear BY Philippines WERE (2021 - 2022):
Kenya-$2.35M (-99.3%)
United Arab Emirates-$889k (-59.1%)
Thailand-$576k (-99%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Other Footwear were:
China $1.58B
Italy $318M
Vietnam $219M
In 2022, Philippines's main importing competitors in Other Footwear were:
United States $673M
United Kingdom $235M
Germany $227M

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Trade Value of Other Footwear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.23M
TOP IMPORT POTENTIALChina+ $4.37M

Other Footwear’s highest export potential is United States. With an export gap of $2.23M.   Other Footwear’s highest import potential is China with an import gap of $4.37M.

See methodology.

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