2022
Exports
$4World Rnk 80 / 82
Flag Rnk 1125 / 1127
2022
Imports
$1.25kWorld Rnk 115 / 154
Flag Rnk 1199 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $4 in Flax Yarn, making it the 80th largest exporter of Flax Yarn in the world. At the same year, Flax Yarn was the 1125th most exported product in Philippines. The main destination of Flax Yarn exports from Philippines are: Germany ($4).

The fastest growing export markets for Flax Yarn of Philippines between 2021 and 2022 were Germany ($4).

Imports In 2022, Philippines imported $1.25k in Flax Yarn, becoming the 115th largest importer of Flax Yarn in the world. At the same year, Flax Yarn was the 1199th most imported product in Philippines. Philippines imports Flax Yarn primarily from: Poland ($781), Singapore ($244), Finland ($143), Japan ($57), and China ($23).

The fastest growing import markets in Flax Yarn for Philippines between 2021 and 2022 were Poland ($781) and Finland ($63).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Flax Yarn. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4
IMPORTS (2022)$1.25k
NET TRADE (2022)-$1.24k

In 2022, Philippines exported $4 in Flax Yarn. The main destinations of Philippines exports on Flax Yarn were Germany ($4).

In 2022, Philippines imported $1.25k in Flax Yarn, mainly from Poland ($781), Singapore ($244), Finland ($143), Japan ($57), and China ($23).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Flax Yarn EXPORT MARKETS FOR Philippines WERE (2021 - 2022):Germany$4 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flax Yarn BY Philippines WERE (2021 - 2022):South Korea-$626 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Flax Yarn were:
China $312M
Italy $58.4M
Poland $39.1M
In 2022, Philippines's main importing competitors in Flax Yarn were:
Italy $141M
India $64.6M
Turkey $55.7M

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Trade Value of Flax Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $379
TOP IMPORT POTENTIALPoland+ $944

Flax Yarn’s highest export potential is India. With an export gap of $379.   Flax Yarn’s highest import potential is Poland with an import gap of $944.

See methodology.

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