Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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Philippines | Imports and Exports | World | Other furniture and parts thereof | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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The value of exports of commodity group 9403 "Other furniture and parts thereof" from Philippines totalled $ 114 million in 2023. Sales of commodity group 9403 from Philippines decreased by 30% in value terms compared to 2022. exports of commodity group 9403 "Other furniture and parts thereof" decreased by $ 50 million (cumulative exports of commodity group 9403 from Philippines amounted $165 million in 2022)

Exports of commodity group 9403 "Other furniture and parts thereof" amounted to 0.157% of total exports from Philippines (cumulative merchandise exports from Philippines totalled $ 72 billion in 2023). The share of commodity group 9403 in total exports from Philippines decreased by 0.052 p.p. compared to 2022 (it was 0.209% in 2022 and cumulative exports from Philippines were equal to $ 78 billion).

Exports of commodity group 9403 amounted to 27% of total sales of group "" from Philippines in 2023 (the value of exports of commodity group from Philippines amounted to $412 million in 2023). The share of exports of commodity group 9403 in sales of commodity group from Philippines lowered by 6.32 p.p. compared to 2022 (it was 34% in 2022, and exports of commodity group from Philippines were $485 million).

Where does Philippines export Other furniture and parts thereof?

Top export destinations of "Other furniture and parts thereof" from Philippines in 2023:

  • USA with a share of 54% (62 million US$)
  • Netherlands with a share of 25% (29 million US$)
  • Japan with a share of 7.68% (8.82 million US$)
  • Germany with a share of 1.43% (1.64 million US$)
  • United Arab Emirates with a share of 1.29% (1.48 million US$)
  • Denmark with a share of 1.17% (1.35 million US$)
  • United Kingdom with a share of 1% (1.15 million US$)
  • Australia - 1.13 million US$
  • Kuwait - 765 thousand US$
  • China - 707 thousand US$

Exports structure of 9403 - Other furniture and parts thereof - from Philippines in 2023 represented by the following main commodity groups:

  • 29% (33 million US$): 940320 - Metal furniture (excl. of 94.01 & 94.02)
  • 25% (29 million US$): 940360 - Wooden furniture (excl. of 94.01 & 9403.30-9403.50)
  • 15.8% (18.2 million US$): 940350 - Wooden furniture of a kind used in the bedroom
  • 7.23% (8.29 million US$): 940390 - Parts of the furniture of 94.03
  • 4.29% (4.93 million US$): 940340 - Wooden furniture of a kind used in the kitchen
  • 3.34% (3.84 million US$): 940370 - Furniture of plastics (excl. of 94.01)
  • 0.656% (754 thousand US$): 940330 - Wooden furniture of a kind used in offices
  • 0.499% (573 thousand US$): 940310 - Metal furniture of a kind used in offices

The value of imports of commodity group 9403 "Other furniture and parts thereof" to Philippines totalled $ 506 million in 2023. Sales of commodity group 9403 to Philippines went up by 30% compared to 2022: imports of commodity group 9403 "Other furniture and parts thereof" went up by $ 119 million (the value of imports of commodity group 9403 to Philippines was equal to $387 million in 2022)

Imports of commodity group 9403 "Other furniture and parts thereof" accounted for 0.378% of total import flow to Philippines (in 2023, total imports to Philippines amounted to $ 133 billion). The share of commodity group 9403 in total imports to Philippines increased by 0.113 p.p. compared to 2022 (it was 0.265% in 2022 and cumulative imports to Philippines were equal to $ 145 billion).

Imports of commodity group 9403 reached 44% of total imports of group "" to Philippines in 2023 (imports of commodity group to Philippines totalled $1.12 billion in 2023). The share of purchases of commodity group 9403 in total imports of commodity group to Philippines increased by 0.467 p.p. compared to 2022 (it was 44% in 2022, and imports of commodity group to Philippines accounted for $870 million).

Where does Philippines import Other furniture and parts thereof from?

Top trading partners (import of "Other furniture and parts thereof") of Philippines in 2023:

  • China with a share of 79% (400 million US$)
  • Malaysia with a share of 7.27% (36 million US$)
  • Japan with a share of 3.05% (15.5 million US$)
  • Italy with a share of 1.32% (6.72 million US$)
  • Korea with a share of 1.31% (6.64 million US$)
  • Thailand - 4.96 million US$
  • Germany - 4.15 million US$
  • Other Asia, nes - 3.82 million US$
  • USA - 3.51 million US$
  • Singapore - 3.49 million US$

Imports structure of 9403 - Other furniture and parts thereof - to Philippines in 2023 represented by the following main commodity groups:

  • 33% (171 million US$): 940320 - Metal furniture (excl. of 94.01 & 94.02)
  • 22% (112 million US$): 940360 - Wooden furniture (excl. of 94.01 & 9403.30-9403.50)
  • 10.3% (52 million US$): 940370 - Furniture of plastics (excl. of 94.01)
  • 6.66% (33 million US$): 940390 - Parts of the furniture of 94.03
  • 5.62% (28 million US$): 940310 - Metal furniture of a kind used in offices
  • 5.47% (27 million US$): 940350 - Wooden furniture of a kind used in the bedroom
  • 4.87% (24 million US$): 940340 - Wooden furniture of a kind used in the kitchen
  • 3.87% (19.6 million US$): 940330 - Wooden furniture of a kind used in offices

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Philippines | Imports and Exports | World | Other furniture and parts thereof | Value (US$) and Value Growth, YoY (%) | 2012 - 2023