Bandages in Philippines | The Observatory of Economic Complexity

About

Exports In 2022, Philippines exported $20.5M in Bandages, making it the 39th largest exporter of Bandages in the world. At the same year, Bandages was the 255th most exported product in Philippines. The main destination of Bandages exports from Philippines are: Japan ($7.41M), United States ($6.55M), Hong Kong ($2.21M), Netherlands ($1.47M), and Malaysia ($1.06M).

The fastest growing export markets for Bandages of Philippines between 2021 and 2022 were United States ($2.07M), Malaysia ($655k), and Netherlands ($354k).

Imports In 2022, Philippines imported $39.3M in Bandages, becoming the 42nd largest importer of Bandages in the world. At the same year, Bandages was the 433rd most imported product in Philippines. Philippines imports Bandages primarily from: China ($18.5M), Vietnam ($6.88M), Singapore ($3.4M), Thailand ($2M), and South Korea ($1.4M).

The fastest growing import markets in Bandages for Philippines between 2021 and 2022 were China ($3.94M), Vietnam ($3.02M), and Singapore ($1.47M).

Latest Trends

August 2021

About

Overview In August 2021 Philippines' Bandages exports accounted up to $177k and imports accounted up to $3.68M, resulting in a negative trade balance of $3.5M. Between August 2020 and August 2021 the exports of Philippines' Bandages have increased by $112k (173%) from $64.8k to $177k, while imports increased by $1.14M (45%) from $2.54M to $3.68M.

Destinations In August 2021, Bandages were exported mostly to Australia ($80.8k), Nigeria ($68k), Japan ($24.8k), and United States ($3.24k), and were imported mostly from China ($1.42M), Japan ($843k), Vietnam ($594k), Thailand ($392k), and Mexico ($123k).

Growth In August 2021, the increase in Bandages's year-by-year exports was explained primarily by an increase in exports to Japan ($19.8k or 28%) and United States ($1.51k or 35.3%). In August 2021, the increase in Bandages's year-by-year imports was explained primarily by an increase in imports from Japan ($92.1k or 22.1%), Germany ($71.8k or 575%), and Indonesia ($28.2k or 5.94k%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2020 - August 2021)$112k(173%)

IMPORT GROWTH (August 2020 - August 2021)$1.14M(45%)

MAIN DESTINATION (August 2021)Australia$80.8k

This section shows Bandages'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 Bandages over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$20.5M

IMPORTS (2022)$39.3M

NET TRADE (2022)-$18.9M

In 2022, Philippines exported $20.5M in Bandages. The main destinations of Philippines exports on Bandages were Japan ($7.41M), United States ($6.55M), Hong Kong ($2.21M), Netherlands ($1.47M), and Malaysia ($1.06M).

In 2022, Philippines imported $39.3M in Bandages, mainly from China ($18.5M), Vietnam ($6.88M), Singapore ($3.4M), Thailand ($2M), and South Korea ($1.4M).

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