# Philippines HS 420321 exports | Yugalinks

Explore reported HS 420321 exports from Philippines: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Philippines |
| HS6 | 420321 |
| Latest exports | $54.2M |
| Active destinations | 65 |
| Three-year growth | +5.4% |
| Destination HHI | 5,503 |
| Weighted share | 16.4% |

## Destination markets

- USA, Puerto Rico and US Virgin Islands: $39.0M; share 14.9%; growth +7.9%
- Japan: $9.4M; share 29.1%; growth -5.1%
- Canada: $2.0M; share 6.2%; growth +49.5%
- Republic of Korea: $1.7M; share 5.3%; growth +15.6%

## Price intelligence

- Highest reported market price: Dominican Republic at $1.5M / ton.
- Lowest reported market price: Nicaragua at $600.0 / ton.
- Median reported price: $69.8K / ton.
- Price spread: 2,122.7%.

## Export history

- 2010: $38.3M
- 2011: $40.7M
- 2012: $57.4M
- 2013: $63.5M
- 2014: $57.1M
- 2015: $59.6M
- 2016: $53.6M
- 2017: $43.7M
- 2018: $44.6M
- 2019: $50.5M
- 2020: $30.3M
- 2021: $46.1M
- 2022: $64.8M
- 2023: $62.9M
- 2024: $54.0M

## Methods

Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.

Missing values are shown as Not reported and are not imputed.

## Complete structured values

```json
{
  "template": "T3",
  "templateName": "Product Exporter Position Profile",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
  },
  "canonical": "https://www.yugalinks.com/trade/exporter/phl/420321",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/420321",
    "exporter": "https://www.yugalinks.com/trade/exporter/phl/420321",
    "methodology": "https://www.yugalinks.com/methodology"
  },
  "methodology": {
    "summary": "Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.",
    "reportedValues": "Merchandise trade observations for an exporter, HS6 product, destination market, and available year.",
    "destinations": "Destination rows are ranked by latest observed exporter-lane value.",
    "prices": "Unit values are reported trade value divided by reported quantity where quantity is positive.",
    "missingData": "Missing values are shown as Not reported and are not imputed."
  },
  "exporter": {
    "hs_code": "420321",
    "exporter_iso3": "PHL",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 175,
    "current_lane_count": 65,
    "active_market_count": 65,
    "exports_latest_observed_lanes_usd": 54231891.07363581,
    "exports_current_2024_usd": 54018983.03450634,
    "exports_avg_3y_usd": 60561584.9433367,
    "exports_avg_5y_usd": 51612692.622439586,
    "exports_avg_10y_usd": 51010531.420641735,
    "exports_cagr_3y_pct": 5.4110984018707065,
    "exports_cagr_5y_pct": 1.347752921547074,
    "exports_cagr_10y_pct": -0.5600910601008424,
    "exports_all_year_lane_avg_usd": 45579345.89627068,
    "exports_historical_lane_peak_usd": 87741138.3064351,
    "historical_peak_year": 2022,
    "positive_growth_year_share_pct": 55.172413793103445,
    "trend_acceleration_pct": 5.971189461971549,
    "trend_label": "Growing",
    "top_market_iso3": "USA",
    "top_market_exports_usd": 39031631.000695564,
    "top_market_share_pct": 71.97173144432415,
    "destination_hhi": 5503.141263035497,
    "weighted_share_latest_pct": 16.44920301417344,
    "weighted_share_change_1y_pp": -1.5322640769964087,
    "weighted_volatility_cv": 0.3183842353403332,
    "weighted_max_drawdown_pct": 58.85021864971692,
    "limited_history_lane_share_pct": 32.57142857142857,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:29:42",
    "source": "api",
    "product": {
      "hs_code": 420321,
      "hs_description": "Clothing accessories: gloves, mittens and mitts, specially designed for use in sports, of leather or composition leather, padded",
      "hs_chapter": 42,
      "hs_heading": 4203,
      "substitution_elasticity": -3.9029508,
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Clothing accessories: gloves, mittens and mitts, specially designed for use in sports, of leather or composition leather, padded",
    "hs_chapter": 42,
    "hs_heading": 4203,
    "destinations": [
      {
        "hs_code": 420321,
        "corridor_rank": 3,
        "exporter_iso3": "PHL",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 39031631.000695564,
        "exports_all_year_avg_usd": 30387307.052731413,
        "exports_avg_3y_usd": 44443401.10909815,
        "exports_avg_5y_usd": 36323232.45669259,
        "exports_avg_10y_usd": 32513894.92946116,
        "exports_cagr_3y_pct": 7.940846974025795,
        "exports_cagr_5y_pct": 4.334197190090716,
        "exports_cagr_10y_pct": 2.8304117542055307,
        "exports_historical_peak_usd": 47519847.70213322,
        "buyer_imports_latest_observed_usd": 261912005.79263532,
        "historical_peak_year": 2023,
        "positive_growth_year_share_pct": 48.275862068965516,
        "trend_acceleration_pct": 5.110435219820264,
        "trend_label": "Growing",
        "buyer_yoy_latest_pct": -1.2053,
        "buyer_yoy_all_avg_pct": 1.5838,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 14.902574199518845,
        "market_share_change_1y_pp": -3.022187784306258,
        "peer_best_share_pct": 27.60835472076443,
        "peer_top_exporter": "IDN",
        "supplier_count_latest": 63,
        "buyer_market_hhi": 1773.06,
        "distance_km": 13680.798828125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.023636035601252523,
        "tariff_advantage_pp": 0.03697725190028282,
        "volatility_cv": 0.21116779345322245,
        "max_drawdown_pct": 56.356687996824895,
        "attention_level": "Watch",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "['long_distance_without_fta']",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 420321,
        "corridor_rank": 9,
        "exporter_iso3": "PHL",
        "importer_iso3": "JPN",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 9370212.982736988,
        "exports_all_year_avg_usd": 9498653.58650661,
        "exports_avg_3y_usd": 10415916.220343629,
        "exports_avg_5y_usd": 10450550.711100405,
        "exports_avg_10y_usd": 12078901.537126526,
        "exports_cagr_3y_pct": -5.127288194673563,
        "exports_cagr_5y_pct": -6.566990873651601,
        "exports_cagr_10y_pct": -6.895345707338252,
        "exports_historical_peak_usd": 19144125.99071642,
        "buyer_imports_latest_observed_usd": 32204209.391812544,
        "historical_peak_year": 2014,
        "positive_growth_year_share_pct": 62.06896551724138,
        "trend_acceleration_pct": 1.7680575126646891,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": -10.7732,
        "buyer_yoy_all_avg_pct": -0.018,
        "buyer_trend_consistency_pct": 48.2759,
        "market_share_latest_pct": 29.09623667121985,
        "market_share_change_1y_pp": 3.229800086758001,
        "peer_best_share_pct": 29.09623667121985,
        "peer_top_exporter": "PHL",
        "supplier_count_latest": 37,
        "buyer_market_hhi": 2060.68,
        "distance_km": 2999.540771484375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.01848920278534222,
        "tariff_advantage_pp": 0.02498834592547415,
        "volatility_cv": 0.46799740995776035,
        "max_drawdown_pct": 51.23384789240083,
        "attention_level": "High attention",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown','declining_buyer_demand','buyer_macro_weakness']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 420321,
        "corridor_rank": 42,
        "exporter_iso3": "PHL",
        "importer_iso3": "CAN",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 2012905.084078454,
        "exports_all_year_avg_usd": 1835327.3274411052,
        "exports_avg_3y_usd": 2236609.5358328316,
        "exports_avg_5y_usd": 1559680.7910354338,
        "exports_avg_10y_usd": 1857770.9574490048,
        "exports_cagr_3y_pct": 49.527827487914536,
        "exports_cagr_5y_pct": 5.144540489847005,
        "exports_cagr_10y_pct": 1.6127593297138976,
        "exports_historical_peak_usd": 3414708.238542467,
        "buyer_imports_latest_observed_usd": 32483381.117946237,
        "historical_peak_year": 1995,
        "positive_growth_year_share_pct": 55.172413793103445,
        "trend_acceleration_pct": 47.91506815820064,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 9.4488,
        "buyer_yoy_all_avg_pct": 2.6708,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 6.196722800405699,
        "market_share_change_1y_pp": -2.304521714674661,
        "peer_best_share_pct": 27.873265127392965,
        "peer_top_exporter": "IDN",
        "supplier_count_latest": 48,
        "buyer_market_hhi": 1727.54,
        "distance_km": 13226.1826171875,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.052513745271919175,
        "tariff_advantage_pp": 0.033686148349494946,
        "volatility_cv": 0.32758155535156264,
        "max_drawdown_pct": 85.75306821900406,
        "attention_level": "Watch",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "['long_distance_without_fta']",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 420321,
        "corridor_rank": 49,
        "exporter_iso3": "PHL",
        "importer_iso3": "KOR",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 1697427.0208801534,
        "exports_all_year_avg_usd": 930644.4301979472,
        "exports_avg_3y_usd": 1264054.300246434,
        "exports_avg_5y_usd": 1217854.558798119,
        "exports_avg_10y_usd": 1535259.7131890175,
        "exports_cagr_3y_pct": 15.614850711331862,
        "exports_cagr_5y_pct": -3.980357405295465,
        "exports_cagr_10y_pct": -3.011802500608818,
        "exports_historical_peak_usd": 3630399.62679586,
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        "positive_growth_year_share_pct": 48.275862068965516,
        "trend_acceleration_pct": 18.626653211940678,
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        "buyer_yoy_latest_pct": -9.2762,
        "buyer_yoy_all_avg_pct": 7.1579,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 5.329072117318143,
        "market_share_change_1y_pp": 2.4020046330322065,
        "peer_best_share_pct": 50.87331252402378,
        "peer_top_exporter": "IDN",
        "supplier_count_latest": 46,
        "buyer_market_hhi": 2991.96,
        "distance_km": 2615.750732421875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.13548675638666668,
        "tariff_advantage_pp": -0.0127291758751919,
        "volatility_cv": 0.9701840744718616,
        "max_drawdown_pct": 84.61066854980777,
        "attention_level": "High attention",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown','concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "PHL",
      "hs_code": 420321,
      "num_markets": 89,
      "highest_price_importer_iso3": "DOM",
      "highest_price_usd_per_ton": 1482600,
      "lowest_price_importer_iso3": "NIC",
      "lowest_price_usd_per_ton": 600,
      "median_price_across_markets": 69815.78947368421,
      "price_spread_pct": 2122.7289860535243,
      "avg_quantity_metric_tons": 14.81898867924528,
      "total_trade_value_usd": 258847669
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 38319222.39309096,
        "active_destinations": 48,
        "yoy_growth_pct": -8.478982424138119
      },
      {
        "year": 2011,
        "export_value_usd": 40739975.887368366,
        "active_destinations": 48,
        "yoy_growth_pct": 6.317334598924089
      },
      {
        "year": 2012,
        "export_value_usd": 57350228.00611554,
        "active_destinations": 98,
        "yoy_growth_pct": 40.77138426558879
      },
      {
        "year": 2013,
        "export_value_usd": 63454135.79085861,
        "active_destinations": 104,
        "yoy_growth_pct": 10.643214503161488
      },
      {
        "year": 2014,
        "export_value_usd": 57139866.91048189,
        "active_destinations": 121,
        "yoy_growth_pct": -9.95091777971448
      },
      {
        "year": 2015,
        "export_value_usd": 59602918.16824544,
        "active_destinations": 126,
        "yoy_growth_pct": 4.310565268943111
      },
      {
        "year": 2016,
        "export_value_usd": 53577231.23709411,
        "active_destinations": 117,
        "yoy_growth_pct": -10.1097179741136
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      {
        "year": 2017,
        "export_value_usd": 43702295.161845,
        "active_destinations": 113,
        "yoy_growth_pct": -18.431217603518522
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      {
        "year": 2018,
        "export_value_usd": 44637959.15826932,
        "active_destinations": 116,
        "yoy_growth_pct": 2.140995096388488
      },
      {
        "year": 2019,
        "export_value_usd": 50521447.368765585,
        "active_destinations": 80,
        "yoy_growth_pct": 13.180459683731591
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      {
        "year": 2020,
        "export_value_usd": 30258911.230680518,
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        "yoy_growth_pct": -40.106800563699196
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      {
        "year": 2021,
        "export_value_usd": 46119797.05150727,
        "active_destinations": 53,
        "yoy_growth_pct": 52.417239007413045
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      {
        "year": 2022,
        "export_value_usd": 64802852.503120534,
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        "yoy_growth_pct": 40.509838824198965
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      {
        "year": 2023,
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        "active_destinations": 61,
        "yoy_growth_pct": -2.993592312381433
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      {
        "year": 2024,
        "export_value_usd": 54018983.03450634,
        "active_destinations": 65,
        "yoy_growth_pct": -14.06860571769289
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    ],
    "economy": {
      "year": 2024,
      "country_iso3": "PHL",
      "exports_usd": 83073573136.04466,
      "imports_usd": 146489317495.74884,
      "trade_balance_usd": -63415744359.70418,
      "yoy_exports_growth_pct": -2.350966668396548,
      "yoy_imports_growth_pct": -0.5819052853657802,
      "exports_cagr_3y_pct": -2.2717003503881616,
      "imports_cagr_3y_pct": 0.5516858111931366,
      "export_partner_hhi": 911.3738704192865,
      "export_product_hhi": 355.2847286469696,
      "momentum_score": -2.327186772994032,
      "risk_score": 6.333292995331281,
      "gdp_million_usd": 461617.5097823546,
      "gdp_per_capita_usd": 3984.8315387656016,
      "population": 115843670,
      "labor_force": 49307.27,
      "investment_rate_pct": 21.2,
      "savings_rate_pct": 14.97,
      "secondary_education_pct": 80.93,
      "tertiary_education_pct": 29.8,
      "total_factor_productivity": 518.26,
      "trade_openness_pct": 47.675471163025634,
      "exports_gdp_pct": 17.25266540056573,
      "num_active_partners": 270,
      "num_fta_partners": 22,
      "num_wto_partners": 169,
      "num_eu_partners": 28,
      "num_shared_border_partners": 0,
      "num_shared_language_partners": 77,
      "avg_partner_distance_km": 10104.897119341564,
      "avg_partner_gdp_million_usd": 533678518.3258192,
      "avg_partner_gdp_per_capita_usd": 15.774186170212769,
      "avg_buyer_biz_entry_days": null,
      "avg_buyer_biz_entry_cost_pct": null,
      "pct_partners_with_fta": 8.148148148148149,
      "pct_partners_shared_language": 28.51851851851852,
      "pct_partners_shared_border": 0,
      "avg_applied_tariff_pct": 0.13131770594470757,
      "avg_mfn_tariff_pct": 0.13696494059240394,
      "avg_preferential_tariff_pct": 0.04295073240220774,
      "tariff_advantage_pp": 0.09401420819019621,
      "avg_distance_all_partners_km": 10267.53879497286,
      "num_border_partners": 0,
      "num_colonial_partners": 55,
      "avg_substitution_elasticity": -9.867434765434153,
      "pct_products_high_elasticity": 73.37452982267598,
      "pct_products_low_elasticity": 3.0091348737238044,
      "real_market_potential": 221334.62976293312,
      "foreign_market_potential": 15739.536329439543
    },
    "countryMap": {}
  },
  "product": {
    "hs_code": "420321",
    "hs_description": "Clothing accessories: gloves, mittens and mitts, specially designed for use in sports, of leather or composition leather, padded",
    "hs_chapter": 42,
    "hs_heading": 4203
  },
  "destinations": [
    {
      "hs_code": 420321,
      "corridor_rank": 3,
      "exporter_iso3": "PHL",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 39031631.000695564,
      "exports_all_year_avg_usd": 30387307.052731413,
      "exports_avg_3y_usd": 44443401.10909815,
      "exports_avg_5y_usd": 36323232.45669259,
      "exports_avg_10y_usd": 32513894.92946116,
      "exports_cagr_3y_pct": 7.940846974025795,
      "exports_cagr_5y_pct": 4.334197190090716,
      "exports_cagr_10y_pct": 2.8304117542055307,
      "exports_historical_peak_usd": 47519847.70213322,
      "buyer_imports_latest_observed_usd": 261912005.79263532,
      "historical_peak_year": 2023,
      "positive_growth_year_share_pct": 48.275862068965516,
      "trend_acceleration_pct": 5.110435219820264,
      "trend_label": "Growing",
      "buyer_yoy_latest_pct": -1.2053,
      "buyer_yoy_all_avg_pct": 1.5838,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 14.902574199518845,
      "market_share_change_1y_pp": -3.022187784306258,
      "peer_best_share_pct": 27.60835472076443,
      "peer_top_exporter": "IDN",
      "supplier_count_latest": 63,
      "buyer_market_hhi": 1773.06,
      "distance_km": 13680.798828125,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.023636035601252523,
      "tariff_advantage_pp": 0.03697725190028282,
      "volatility_cv": 0.21116779345322245,
      "max_drawdown_pct": 56.356687996824895,
      "attention_level": "Watch",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": "['long_distance_without_fta']",
      "signal_flag": "Stable",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 420321,
      "corridor_rank": 9,
      "exporter_iso3": "PHL",
      "importer_iso3": "JPN",
      "latest_data_year": 2024,
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  "prices": [],
  "priceSummary": {
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}
```