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2022
Exports $1.23MWorld Rnk 8 / 110
Flag Rnk 579 / 1127
2022
Destination $609k United States
2021 - 2022
FASTEST GROWING MARKET $609kUnited States
2022
Imports $706kWorld Rnk 17 / 179
Flag Rnk 1035 / 1201
2022
Origin $225k China
2021 - 2022
FASTEST GROWING ORIGIN $225kChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $1.23M in Textile Wicks, making it the 8th largest exporter of Textile Wicks in the world. At the same year, Textile Wicks was the 579th most exported product in Philippines. The main destination of Textile Wicks exports from Philippines are: United States ($1.23M) and Canada ($400).

The fastest growing export markets for Textile Wicks of Philippines between 2021 and 2022 were United States ($609k).

Imports In 2022, Philippines imported $706k in Textile Wicks, becoming the 17th largest importer of Textile Wicks in the world. At the same year, Textile Wicks was the 1035th most imported product in Philippines. Philippines imports Textile Wicks primarily from: China ($237k), Japan ($209k), Germany ($183k), United States ($70.1k), and Singapore ($2.63k).

The fastest growing import markets in Textile Wicks for Philippines between 2021 and 2022 were China ($225k), Japan ($206k), and United States ($65.6k).

COMPANIES In 2023, leading companies such as Cinmar (3) were at the forefront of shipping Textile Wicks from Philippines to the United States.

Latest Trends

Oct 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 Textile Wicks. 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)$1.23M
IMPORTS (2022)$706k
NET TRADE (2022)$522k

In 2022, Philippines exported $1.23M in Textile Wicks. The main destinations of Philippines exports on Textile Wicks were United States ($1.23M) and Canada ($400).

In 2022, Philippines imported $706k in Textile Wicks, mainly from China ($237k), Japan ($209k), Germany ($183k), United States ($70.1k), and Singapore ($2.63k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Textile Wicks EXPORT MARKETS FOR Philippines WERE (2021 - 2022):United States$609k (98.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Textile Wicks BY Philippines WERE (2021 - 2022):
Finland-$1.28k (-100%)
Canada-$963 (-70.7%)
South Korea-$142 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Textile Wicks were:
Germany $17.9M
United States $8.26M
China $7.44M
In 2022, Philippines's main importing competitors in Textile Wicks were:
United States $9.19M
Poland $5.8M
Germany $4.89M

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Trade Value of Textile Wicks by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

Textile Wicks’s highest export potential is N/A. With an export gap of N/A.   Textile Wicks’s highest import potential is N/A with an import gap of N/A.

See methodology.

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