Exports In 2022, Philippines exported $7.43M in Cotton, making it the 100th largest exporter of Cotton in the world. At the same year, Cotton was the 82nd most exported product in Philippines. The main destination of Cotton exports from Philippines are: United States ($1.84M), Bangladesh ($1.45M), Thailand ($1.38M), Indonesia ($464k), and Spain ($400k).
The fastest growing export markets for Cotton of Philippines between 2021 and 2022 were United States ($1.77M), Spain ($355k), and Indonesia ($199k).
Imports In 2022, Philippines imported $587M in Cotton, becoming the 25th largest importer of Cotton in the world. At the same year, Cotton was the 49th most imported product in Philippines. Philippines imports Cotton primarily from: China ($425M), Vietnam ($40.4M), India ($34M), Indonesia ($22.6M), and Australia ($10.9M).
The fastest growing import markets in Cotton for Philippines between 2021 and 2022 were Vietnam ($33.1M), China ($32.3M), and Indonesia ($12M).
COMPANIES In 2023, leading companies such as PVH (Phillips-Van Heusen Corporation) (1), Adidas (1), and Panasonic (1) were at the forefront of shipping Cotton from Philippines to the United States.