# Philippines HS 940421 exports | Yugalinks

Explore reported HS 940421 exports from Philippines: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Philippines |
| HS6 | 940421 |
| Latest exports | $2.7M |
| Active destinations | 9 |
| Three-year growth | -55.7% |
| Destination HHI | 3,609 |
| Weighted share | 1.5% |

## Destination markets

No destination observations are available.

## Price intelligence

- Highest reported market price: Saudi Arabia at $179.3K / ton.
- Lowest reported market price: Thailand at $946.8 / ton.
- Median reported price: $7.2K / ton.
- Price spread: 2,480.2%.

## Export history

- 2010: $15.6K
- 2011: $19.1K
- 2012: $85.9K
- 2013: $10.5K
- 2014: $12.8K
- 2015: $103.7K
- 2016: $80.5K
- 2017: $7.4K
- 2018: $244.2K
- 2019: $3.4M
- 2020: $4.5M
- 2021: $28.8M
- 2022: $28.3M
- 2023: $22.2M
- 2024: $2.5M

## 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/940421",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/940421",
    "exporter": "https://www.yugalinks.com/trade/exporter/phl/940421",
    "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": "940421",
    "exporter_iso3": "PHL",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 61,
    "current_lane_count": 9,
    "active_market_count": 9,
    "exports_latest_observed_lanes_usd": 2693993.0344124236,
    "exports_current_2024_usd": 2511387.0362873394,
    "exports_avg_3y_usd": 17665465.382774655,
    "exports_avg_5y_usd": 17268608.661584087,
    "exports_avg_10y_usd": 9015249.034441287,
    "exports_cagr_3y_pct": -55.67306690876864,
    "exports_cagr_5y_pct": -5.732169843758516,
    "exports_cagr_10y_pct": 69.49014458077345,
    "exports_all_year_lane_avg_usd": 8179368.695411121,
    "exports_historical_lane_peak_usd": 31202358.653714128,
    "historical_peak_year": 2021,
    "positive_growth_year_share_pct": 58.62068965517241,
    "trend_acceleration_pct": -125.16321148954208,
    "trend_label": "Rapid decline",
    "top_market_iso3": "CAN",
    "top_market_exports_usd": 1204302.2125662058,
    "top_market_share_pct": 44.70324151483456,
    "destination_hhi": 3608.8551338093926,
    "weighted_share_latest_pct": 1.5478052755541432,
    "weighted_share_change_1y_pp": -1.1506465229883558,
    "weighted_volatility_cv": 1.276579547406864,
    "weighted_max_drawdown_pct": 90.22418327598595,
    "limited_history_lane_share_pct": 62.295081967213115,
    "data_freshness_years": 0,
    "coverage_score": 74.5,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:29:42",
    "source": "api",
    "product": {
      "hs_code": 940421,
      "hs_description": "Mattresses: of cellular rubber or plastics, whether or not covered",
      "hs_chapter": 94,
      "hs_heading": 9404,
      "substitution_elasticity": -14.420295,
      "price_range_label": "High price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Mattresses: of cellular rubber or plastics, whether or not covered",
    "hs_chapter": 94,
    "hs_heading": 9404,
    "destinations": [],
    "priceSummary": {
      "exporter_iso3": "PHL",
      "hs_code": 940421,
      "num_markets": 26,
      "highest_price_importer_iso3": "SAU",
      "highest_price_usd_per_ton": 179333.33333333334,
      "lowest_price_importer_iso3": "THA",
      "lowest_price_usd_per_ton": 946.8085106382979,
      "median_price_across_markets": 7192.307692307692,
      "price_spread_pct": 2480.2404520802515,
      "avg_quantity_metric_tons": 223.84874418604653,
      "total_trade_value_usd": 77172138
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 15590.955831721698,
        "active_destinations": 11,
        "yoy_growth_pct": 70.38840868657856
      },
      {
        "year": 2011,
        "export_value_usd": 19112.154203037528,
        "active_destinations": 12,
        "yoy_growth_pct": 22.584878113447818
      },
      {
        "year": 2012,
        "export_value_usd": 85911.4226324286,
        "active_destinations": 12,
        "yoy_growth_pct": 349.51197923452577
      },
      {
        "year": 2013,
        "export_value_usd": 10515.34577946528,
        "active_destinations": 6,
        "yoy_growth_pct": -87.76024717405146
      },
      {
        "year": 2014,
        "export_value_usd": 12837.165684822288,
        "active_destinations": 9,
        "yoy_growth_pct": 22.080300106641623
      },
      {
        "year": 2015,
        "export_value_usd": 103697.51992361265,
        "active_destinations": 13,
        "yoy_growth_pct": 707.7913962442418
      },
      {
        "year": 2016,
        "export_value_usd": 80544.73191352797,
        "active_destinations": 12,
        "yoy_growth_pct": -22.32723408152853
      },
      {
        "year": 2017,
        "export_value_usd": 7354.918437506379,
        "active_destinations": 11,
        "yoy_growth_pct": -90.86852949563163
      },
      {
        "year": 2018,
        "export_value_usd": 244230.39360600754,
        "active_destinations": 9,
        "yoy_growth_pct": 3220.6404079283266
      },
      {
        "year": 2019,
        "export_value_usd": 3373619.4726117942,
        "active_destinations": 7,
        "yoy_growth_pct": 1281.3266329391079
      },
      {
        "year": 2020,
        "export_value_usd": 4512268.627775681,
        "active_destinations": 7,
        "yoy_growth_pct": 33.751558657039816
      },
      {
        "year": 2021,
        "export_value_usd": 28834378.531820767,
        "active_destinations": 9,
        "yoy_growth_pct": 539.021762896121
      },
      {
        "year": 2022,
        "export_value_usd": 28250424.517467026,
        "active_destinations": 10,
        "yoy_growth_pct": -2.025200625389955
      },
      {
        "year": 2023,
        "export_value_usd": 22234584.59456961,
        "active_destinations": 17,
        "yoy_growth_pct": -21.2946885777871
      },
      {
        "year": 2024,
        "export_value_usd": 2511387.0362873394,
        "active_destinations": 9,
        "yoy_growth_pct": -88.7050417982592
      }
    ],
    "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": "940421",
    "hs_description": "Mattresses: of cellular rubber or plastics, whether or not covered",
    "hs_chapter": 94,
    "hs_heading": 9404
  },
  "destinations": [],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "PHL",
    "hs_code": 940421,
    "num_markets": 26,
    "highest_price_importer_iso3": "SAU",
    "highest_price_usd_per_ton": 179333.33333333334,
    "lowest_price_importer_iso3": "THA",
    "lowest_price_usd_per_ton": 946.8085106382979,
    "median_price_across_markets": 7192.307692307692,
    "price_spread_pct": 2480.2404520802515,
    "avg_quantity_metric_tons": 223.84874418604653,
    "total_trade_value_usd": 77172138
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 15590.955831721698,
      "active_destinations": 11,
      "yoy_growth_pct": 70.38840868657856
    },
    {
      "year": 2011,
      "export_value_usd": 19112.154203037528,
      "active_destinations": 12,
      "yoy_growth_pct": 22.584878113447818
    },
    {
      "year": 2012,
      "export_value_usd": 85911.4226324286,
      "active_destinations": 12,
      "yoy_growth_pct": 349.51197923452577
    },
    {
      "year": 2013,
      "export_value_usd": 10515.34577946528,
      "active_destinations": 6,
      "yoy_growth_pct": -87.76024717405146
    },
    {
      "year": 2014,
      "export_value_usd": 12837.165684822288,
      "active_destinations": 9,
      "yoy_growth_pct": 22.080300106641623
    },
    {
      "year": 2015,
      "export_value_usd": 103697.51992361265,
      "active_destinations": 13,
      "yoy_growth_pct": 707.7913962442418
    },
    {
      "year": 2016,
      "export_value_usd": 80544.73191352797,
      "active_destinations": 12,
      "yoy_growth_pct": -22.32723408152853
    },
    {
      "year": 2017,
      "export_value_usd": 7354.918437506379,
      "active_destinations": 11,
      "yoy_growth_pct": -90.86852949563163
    },
    {
      "year": 2018,
      "export_value_usd": 244230.39360600754,
      "active_destinations": 9,
      "yoy_growth_pct": 3220.6404079283266
    },
    {
      "year": 2019,
      "export_value_usd": 3373619.4726117942,
      "active_destinations": 7,
      "yoy_growth_pct": 1281.3266329391079
    },
    {
      "year": 2020,
      "export_value_usd": 4512268.627775681,
      "active_destinations": 7,
      "yoy_growth_pct": 33.751558657039816
    },
    {
      "year": 2021,
      "export_value_usd": 28834378.531820767,
      "active_destinations": 9,
      "yoy_growth_pct": 539.021762896121
    },
    {
      "year": 2022,
      "export_value_usd": 28250424.517467026,
      "active_destinations": 10,
      "yoy_growth_pct": -2.025200625389955
    },
    {
      "year": 2023,
      "export_value_usd": 22234584.59456961,
      "active_destinations": 17,
      "yoy_growth_pct": -21.2946885777871
    },
    {
      "year": 2024,
      "export_value_usd": 2511387.0362873394,
      "active_destinations": 9,
      "yoy_growth_pct": -88.7050417982592
    }
  ],
  "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
  }
}
```