Coconut and Other Vegetable Fibers in Philippines | The Observatory of Economic Complexity

About

Exports In 2022, Philippines exported $34.3M in Coconut and Other Vegetable Fibers, making it the 5th largest exporter of Coconut and Other Vegetable Fibers in the world. At the same year, Coconut and Other Vegetable Fibers was the 203rd most exported product in Philippines. The main destination of Coconut and Other Vegetable Fibers exports from Philippines are: United Kingdom ($16.5M), China ($8.34M), Japan ($7.54M), Spain ($1.08M), and United States ($183k).

The fastest growing export markets for Coconut and Other Vegetable Fibers of Philippines between 2021 and 2022 were Japan ($990k), France ($121k), and United States ($104k).

Imports In 2022, Philippines imported $16.2M in Coconut and Other Vegetable Fibers, becoming the 12th largest importer of Coconut and Other Vegetable Fibers in the world. At the same year, Coconut and Other Vegetable Fibers was the 622nd most imported product in Philippines. Philippines imports Coconut and Other Vegetable Fibers primarily from: Ecuador ($7.73M), Tanzania ($4.64M), Kenya ($1.23M), Costa Rica ($835k), and Madagascar ($523k).

The fastest growing import markets in Coconut and Other Vegetable Fibers for Philippines between 2021 and 2022 were Tanzania ($2.56M), Madagascar ($523k), and China ($393k).

COMPANIES In 2020, leading companies such as were at the forefront of shipping Coconut and Other Vegetable Fibers from Philippines to the United States.

Latest Trends

August 2021

About

Overview In August 2021 Philippines' Coconut and Other Vegetable Fibers exports accounted up to $3.73M and imports accounted up to $3.57M, resulting in a positive trade balance of $168k. Between August 2020 and August 2021 the exports of Philippines' Coconut and Other Vegetable Fibers have increased by $458k (14%) from $3.28M to $3.73M, while imports increased by $1.24M (53.3%) from $2.33M to $3.57M.

Destinations In August 2021, Coconut and Other Vegetable Fibers were exported mostly to United Kingdom ($1.7M), China ($958k), Japan ($618k), Spain ($348k), and India ($89.1k), and were imported mostly from Ecuador ($3.37M), Costa Rica ($117k), Brazil ($78.3k), and China ($1.09k).

Growth In August 2021, the increase in Coconut and Other Vegetable Fibers's year-by-year exports was explained primarily by an increase in exports to China ($104k or 20.8%), Japan ($90.8k or 14.8%), and Chinese Taipei ($4.97k or 276%). In August 2021, the increase in Coconut and Other Vegetable Fibers's year-by-year imports was explained primarily by an increase in imports from Ecuador ($1.37M or 241%) and Costa Rica ($6.12k or 11.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (August 2020 - August 2021)$458k(14%)

IMPORT GROWTH (August 2020 - August 2021)$1.24M(53.3%)

MAIN DESTINATION (August 2021)United Kingdom$1.7M

This section shows Coconut and Other Vegetable Fibers'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 Coconut and Other Vegetable Fibers over time.

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