2022
Exports
$17.7MWorld Rnk 36 / 205
Flag Rnk 276 / 1127
2022
PRODUCT COMPLEXITY IN Paintings
0.54Rnk 356 / 1025
2022
Imports
$5.11MWorld Rnk 54 / 212
Flag Rnk 826 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $17.7M in Paintings, making it the 36th largest exporter of Paintings in the world. At the same year, Paintings was the 276th most exported product in Philippines. The main destination of Paintings exports from Philippines are: Hong Kong ($14.8M), Singapore ($1.47M), United States ($430k), South Korea ($418k), and Australia ($114k).

The fastest growing export markets for Paintings of Philippines between 2021 and 2022 were Hong Kong ($14.2M), Singapore ($1.23M), and South Korea ($88.6k).

Imports In 2022, Philippines imported $5.11M in Paintings, becoming the 54th largest importer of Paintings in the world. At the same year, Paintings was the 826th most imported product in Philippines. Philippines imports Paintings primarily from: Netherlands ($1.66M), Japan ($903k), United States ($876k), China ($530k), and South Korea ($377k).

The fastest growing import markets in Paintings for Philippines between 2021 and 2022 were Netherlands ($1.66M), Japan ($836k), and United States ($613k).

COMPANIES In 2023, leading companies such as Cinmar (21), Arhaus (8), and Jo-Ann Stores (5) were at the forefront of shipping Paintings from Philippines to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-7.34k(-21.3%)
IMPORT GROWTH (June 2023 - June 2024)$25.5k(188%)
MAIN DESTINATION (June 2024)United States$22.9k

This section shows Paintings'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 Paintings over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$17.7M
IMPORTS (2022)$5.11M
NET TRADE (2022)$12.5M

In 2022, Philippines exported $17.7M in Paintings. The main destinations of Philippines exports on Paintings were Hong Kong ($14.8M), Singapore ($1.47M), United States ($430k), South Korea ($418k), and Australia ($114k).

In 2022, Philippines imported $5.11M in Paintings, mainly from Netherlands ($1.66M), Japan ($903k), United States ($876k), China ($530k), and South Korea ($377k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Paintings EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Hong Kong$14.2M (2.24k%)
Singapore$1.23M (519%)
South Korea$88.6k (26.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Paintings BY Philippines WERE (2021 - 2022):
Japan-$198k (-81.1%)
United States-$102k (-19.2%)
United Kingdom-$58.9k (-80.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Paintings were:
In 2022, Philippines's main importing competitors in Paintings were:

Explore Visualizations

Trade Value of Paintings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.26M
TOP IMPORT POTENTIALUnited States+ $1M

Paintings’s highest export potential is United States. With an export gap of $1.26M.   Paintings’s highest import potential is United States with an import gap of $1M.

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