Leather Apparel in Philippines | The Observatory of Economic Complexity

About

Exports In 2022, Philippines exported $98.9M in Leather Apparel, making it the 13th largest exporter of Leather Apparel in the world. At the same year, Leather Apparel was the 116th most exported product in Philippines. The main destination of Leather Apparel exports from Philippines are: United States ($65.4M), Japan ($12.6M), Italy ($4.18M), Canada ($3.68M), and France ($2.35M).

The fastest growing export markets for Leather Apparel of Philippines between 2021 and 2022 were United States ($23.8M), Italy ($3.13M), and Canada ($2.12M).

Imports In 2022, Philippines imported $20.6M in Leather Apparel, becoming the 45th largest importer of Leather Apparel in the world. At the same year, Leather Apparel was the 570th most imported product in Philippines. Philippines imports Leather Apparel primarily from: China ($14.7M), Italy ($1.84M), Singapore ($948k), Pakistan ($426k), and Spain ($395k).

The fastest growing import markets in Leather Apparel for Philippines between 2021 and 2022 were China ($6.64M), Italy ($429k), and Spain ($314k).

COMPANIES In 2020, leading companies such as were at the forefront of shipping Leather Apparel from Philippines to the United States.

Latest Trends

August 2021

About

Overview In August 2021 Philippines' Leather Apparel exports accounted up to $7.2M and imports accounted up to $1.31M, resulting in a positive trade balance of $5.89M. Between August 2020 and August 2021 the exports of Philippines' Leather Apparel have increased by $1.69M (30.7%) from $5.51M to $7.2M, while imports increased by $413k (45.9%) from $900k to $1.31M.

Destinations In August 2021, Leather Apparel were exported mostly to United States ($5.63M), Japan ($493k), Germany ($288k), Canada ($212k), and Switzerland ($185k), and were imported mostly from China ($733k), Vietnam ($144k), Thailand ($93k), South Korea ($78k), and Spain ($69.3k).

Growth In August 2021, the increase in Leather Apparel's year-by-year exports was explained primarily by an increase in exports to United States ($1.3M or 72.7%), Japan ($213k or 12.4%), and Germany ($93.3k or 39.4%). In August 2021, the increase in Leather Apparel's year-by-year imports was explained primarily by an increase in imports from Singapore ($1.84M or 22.5k%), France ($435k or 19.1k%), and Hong Kong ($195k or 309%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2020 - August 2021)$1.69M(30.7%)

IMPORT GROWTH (August 2020 - August 2021)$413k(45.9%)

MAIN DESTINATION (August 2021)United States$5.63M

This section shows Leather 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 Leather Apparel over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$98.9M

IMPORTS (2022)$20.6M

NET TRADE (2022)$78.2M

In 2022, Philippines exported $98.9M in Leather Apparel. The main destinations of Philippines exports on Leather Apparel were United States ($65.4M), Japan ($12.6M), Italy ($4.18M), Canada ($3.68M), and France ($2.35M).

In 2022, Philippines imported $20.6M in Leather Apparel, mainly from China ($14.7M), Italy ($1.84M), Singapore ($948k), Pakistan ($426k), and Spain ($395k).

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