2022
Exports
$5.88MWorld Rnk 66 / 172
Flag Rnk 394 / 1127
2022
PRODUCT COMPLEXITY IN Glass Fibers
0.47Rnk 376 / 1025
2022
Imports
$40.1MWorld Rnk 57 / 223
Flag Rnk 428 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $5.88M in Glass Fibers, making it the 66th largest exporter of Glass Fibers in the world. At the same year, Glass Fibers was the 394th most exported product in Philippines. The main destination of Glass Fibers exports from Philippines are: Japan ($4.42M), Pakistan ($501k), Vietnam ($464k), Australia ($93.4k), and China ($77.9k).

The fastest growing export markets for Glass Fibers of Philippines between 2021 and 2022 were Vietnam ($460k), Canada ($49.5k), and Malaysia ($48.3k).

Imports In 2022, Philippines imported $40.1M in Glass Fibers, becoming the 57th largest importer of Glass Fibers in the world. At the same year, Glass Fibers was the 428th most imported product in Philippines. Philippines imports Glass Fibers primarily from: China ($23.1M), United States ($4.31M), Japan ($4.22M), South Korea ($1.63M), and Malaysia ($1.43M).

The fastest growing import markets in Glass Fibers for Philippines between 2021 and 2022 were United States ($2.24M), Japan ($741k), and Malaysia ($679k).

COMPANIES In 2023, leading companies such as Electrolux (2) were at the forefront of shipping Glass Fibers from Philippines to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$371k(135%)
IMPORT GROWTH (July 2023 - July 2024)$477k(19.4%)
MAIN DESTINATION (July 2024)Guatemala$400k

This section shows Glass 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 Glass Fibers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.88M
IMPORTS (2022)$40.1M
NET TRADE (2022)-$34.2M

In 2022, Philippines exported $5.88M in Glass Fibers. The main destinations of Philippines exports on Glass Fibers were Japan ($4.42M), Pakistan ($501k), Vietnam ($464k), Australia ($93.4k), and China ($77.9k).

In 2022, Philippines imported $40.1M in Glass Fibers, mainly from China ($23.1M), United States ($4.31M), Japan ($4.22M), South Korea ($1.63M), and Malaysia ($1.43M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Glass Fibers EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Vietnam$460k (11.6k%)
Canada$49.5k (181%)
Malaysia$48.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass Fibers BY Philippines WERE (2021 - 2022):
Pakistan-$1.19M (-70.4%)
France-$735k (-99.1%)
Qatar-$370k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Glass Fibers were:
In 2022, Philippines's main importing competitors in Glass Fibers were:

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Trade Value of Glass Fibers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $620k
TOP IMPORT POTENTIALChina+ $7.96M

Glass Fibers’s highest export potential is Japan. With an export gap of $620k.   Glass Fibers’s highest import potential is China with an import gap of $7.96M.

See methodology.

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