Sign In
Pricing

2022
Exports $2.62kWorld Rnk 95 / 119
Flag Rnk 1043 / 1127
2022
Destination $1.5k Indonesia
2021 - 2022
FASTEST GROWING MARKET $1.5kIndonesia
2022
PRODUCT COMPLEXITY IN Textile Fiber Machinery1.53Rnk 47 / 1025
2022
Imports $3.86MWorld Rnk 55 / 178
Flag Rnk 856 / 1201
2022
Origin $2.13M China
2021 - 2022
FASTEST GROWING ORIGIN $2.13MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $2.62k in Textile Fiber Machinery, making it the 95th largest exporter of Textile Fiber Machinery in the world. At the same year, Textile Fiber Machinery was the 1043rd most exported product in Philippines. The main destination of Textile Fiber Machinery exports from Philippines are: Indonesia ($1.5k) and South Korea ($1.12k).

The fastest growing export markets for Textile Fiber Machinery of Philippines between 2021 and 2022 were Indonesia ($1.5k).

Imports In 2022, Philippines imported $3.86M in Textile Fiber Machinery, becoming the 55th largest importer of Textile Fiber Machinery in the world. At the same year, Textile Fiber Machinery was the 856th most imported product in Philippines. Philippines imports Textile Fiber Machinery primarily from: China ($2.43M), Germany ($402k), India ($218k), Switzerland ($169k), and Belgium ($164k).

The fastest growing import markets in Textile Fiber Machinery for Philippines between 2021 and 2022 were China ($2.13M), Germany ($402k), and India ($120k).

Latest Trends

August 2024

About

Overview In August 2024 Philippines' Textile Fiber Machinery exports accounted up to $36k and imports accounted up to $61.3k, resulting in a negative trade balance of $25.3k. Between March 2021 and August 2024 the exports of Philippines'   Textile Fiber Machinery have increased by $27.2k (311%) from $8.75k to $36k, while imports increased by $4.7k (8.29%) from $56.7k to $61.3k.

Destinations In August 2024, Textile Fiber Machinery were exported mostly to , and were imported mostly from China ($30.7k), India ($29k), Chinese Taipei ($863), Japan ($529), and South Korea ($300).

Growth In August 2024, the increase in Textile Fiber Machinery's year-by-year exports was explained primarily by an increase in exports to . In September 2024, the increase in Textile Fiber Machinery's year-by-year imports was explained primarily by an increase in imports from Japan ($21.9k or 511%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2021 - August 2024)$27.2k(311%)
IMPORT GROWTH (September 2023 - September 2024)$4.7k(8.29%)
MAIN DESTINATION (August 2024)

This section shows Textile Fiber Machinery'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 Textile Fiber Machinery over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$2.62k
IMPORTS (2022)$3.86M
NET TRADE (2022)-$3.86M

In 2022, Philippines exported $2.62k in Textile Fiber Machinery. The main destinations of Philippines exports on Textile Fiber Machinery were Indonesia ($1.5k) and South Korea ($1.12k).

In 2022, Philippines imported $3.86M in Textile Fiber Machinery, mainly from China ($2.43M), Germany ($402k), India ($218k), Switzerland ($169k), and Belgium ($164k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Textile Fiber Machinery EXPORT MARKETS FOR Philippines WERE (2021 - 2022):Indonesia$1.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Textile Fiber Machinery BY Philippines WERE (2021 - 2022):
Japan-$33.8k (-100%)
South Korea-$9.48k (-89.5%)
United States-$7.23k (-100%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Textile Fiber Machinery were:
China $1.08B
Japan $807M
Germany $702M
In 2022, Philippines's main importing competitors in Textile Fiber Machinery were:
China $687M
Turkey $654M
India $547M

Explore Visualizations

Trade Value of Textile Fiber Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $2.69k
TOP IMPORT POTENTIALChina+ $1.13M

Textile Fiber Machinery’s highest export potential is Indonesia. With an export gap of $2.69k.   Textile Fiber Machinery’s highest import potential is China with an import gap of $1.13M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms