Eyewear Frames in Philippines | The Observatory of Economic Complexity

About

Exports In 2022, Philippines exported $54.6M in Eyewear Frames, making it the 14th largest exporter of Eyewear Frames in the world. At the same year, Eyewear Frames was the 162nd most exported product in Philippines. The main destination of Eyewear Frames exports from Philippines are: Denmark ($17.4M), United States ($16.1M), China ($11M), Hong Kong ($2.14M), and Thailand ($1.95M).

The fastest growing export markets for Eyewear Frames of Philippines between 2021 and 2022 were United States ($14.3M), Denmark ($8.09M), and Thailand ($1.23M).

Imports In 2022, Philippines imported $45.9M in Eyewear Frames, becoming the 29th largest importer of Eyewear Frames in the world. At the same year, Eyewear Frames was the 400th most imported product in Philippines. Philippines imports Eyewear Frames primarily from: China ($28.2M), Denmark ($8M), United States ($1.72M), Hong Kong ($1.48M), and Chinese Taipei ($1.48M).

The fastest growing import markets in Eyewear Frames for Philippines between 2021 and 2022 were China ($20.1M), United States ($1.62M), and Chinese Taipei ($1.35M).

Latest Trends

August 2021

About

Overview In August 2021 Philippines' Eyewear Frames exports accounted up to $1.63M and imports accounted up to $879k, resulting in a positive trade balance of $750k. Between August 2020 and August 2021 the exports of Philippines' Eyewear Frames have decreased by $-1.07M (-39.6%) from $2.7M to $1.63M, while imports decreased by $-1.22M (-58.1%) from $2.1M to $879k.

Destinations In August 2021, Eyewear Frames were exported mostly to United States ($565k), Denmark ($266k), China ($180k), Hong Kong ($138k), and Canada ($134k), and were imported mostly from Denmark ($474k), China ($289k), Hong Kong ($70.2k), Japan ($30.6k), and Germany ($6.35k).

Growth In August 2021, the decrease in Eyewear Frames's year-by-year exports was explained primarily by a decrease in exports to Hong Kong ($-204k or -46.4%), China ($-142k or -41.4%), and Denmark ($-60.3k or -7.29%). In August 2021, the decrease in Eyewear Frames's year-by-year imports was explained primarily by a decrease in imports from Hong Kong ($-69k or -41.1%), Chinese Taipei ($-62k or -99.1%), and South Korea ($-9.79k or -79.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2020 - August 2021)$-1.07M(-39.6%)

IMPORT GROWTH (August 2020 - August 2021)$-1.22M(-58.1%)

MAIN DESTINATION (August 2021)United States$565k

This section shows Eyewear Frames'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 Eyewear Frames over time.

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