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Exports In 2023, Philippines exported $114k in Jute and Other Textile Fibers, making it the 27th largest exporter of Jute and Other Textile Fibers in the world. At the same year, Jute and Other Textile Fibers was the 825th most exported product in Philippines. The main destination of Jute and Other Textile Fibers exports from Philippines are: China ($89.1k), Portugal ($22.8k), United States ($1.48k), Netherlands ($656), and Spain ($287).

The fastest growing export markets for Jute and Other Textile Fibers of Philippines between 2022 and 2023 were China ($30.5k), Portugal ($22.8k), and Netherlands ($656).

Imports In 2023, Philippines imported $1.5M in Jute and Other Textile Fibers, becoming the 19th largest importer of Jute and Other Textile Fibers in the world. At the same year, Jute and Other Textile Fibers was the 944th most imported product in Philippines. Philippines imports Jute and Other Textile Fibers primarily from: Tanzania ($1.44M), Bangladesh ($28.3k), South Korea ($22.9k), Malaysia ($11.5k), and Spain ($747).

The fastest growing import markets in Jute and Other Textile Fibers for Philippines between 2022 and 2023 were Bangladesh ($20.4k), Malaysia ($11.5k), and South Korea ($6.53k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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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 Jute and Other Textile Fibers. 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 (2023)$114k
IMPORTS (2023)$1.5M
NET TRADE (2023)-$1.39M

In 2023, Philippines exported $114k in Jute and Other Textile Fibers. The main destinations of Philippines exports on Jute and Other Textile Fibers were China ($89.1k), Portugal ($22.8k), United States ($1.48k), Netherlands ($656), and Spain ($287).

In 2023, Philippines imported $1.5M in Jute and Other Textile Fibers, mainly from Tanzania ($1.44M), Bangladesh ($28.3k), South Korea ($22.9k), Malaysia ($11.5k), and Spain ($747).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Jute and Other Textile Fibers EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
China$30.5k (52%)
Portugal$22.8k (1%)
Netherlands$656 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Jute and Other Textile Fibers BY Philippines WERE (2022 - 2023):
Japan-$22.5k (-100%)
United States-$16.1k (-91.6%)
Switzerland-$114 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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In 2023, Philippines's main exporting competitors in Jute and Other Textile Fibers were:
In 2023, Philippines's main importing competitors in Jute and Other Textile Fibers were:
India $94.8M
Nepal $16.2M

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Trade Value of Jute and Other Textile Fibers by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $25.9k
TOP IMPORT POTENTIALIndia+ $4.79k

Jute and Other Textile Fibers’s highest export potential is China. With an export gap of $25.9k.   Jute and Other Textile Fibers’s highest import potential is India with an import gap of $4.79k.

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