2022
Exports
$10.1MWorld Rnk 25 / 173
Flag Rnk 78 / 96
2022
PRODUCT COMPLEXITY IN Vegetable plaiting materials & products, n.e.s.
-1.61Rnk 961 / 1025
2022
Imports
$3.07MWorld Rnk 55 / 201
Flag Rnk 95 / 96
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $10.1M in Vegetable plaiting materials & products, n.e.s., making it the 25th largest exporter of Vegetable plaiting materials & products, n.e.s. in the world. At the same year, Vegetable plaiting materials & products, n.e.s. was the 78th most exported product in Philippines. The main destination of Vegetable plaiting materials & products, n.e.s. exports from Philippines are: China ($5.91M), United States ($1.98M), Italy ($744k), Thailand ($429k), and United Kingdom ($294k).

The fastest growing export markets for Vegetable plaiting materials & products, n.e.s. of Philippines between 2021 and 2022 were United States ($759k), Italy ($544k), and United Kingdom ($195k).

Imports In 2022, Philippines imported $3.07M in Vegetable plaiting materials & products, n.e.s., becoming the 55th largest importer of Vegetable plaiting materials & products, n.e.s. in the world. At the same year, Vegetable plaiting materials & products, n.e.s. was the 95th most imported product in Philippines. Philippines imports Vegetable plaiting materials & products, n.e.s. primarily from: China ($1.61M), Malaysia ($839k), Cote d'Ivoire ($169k), Madagascar ($107k), and Ireland ($97.5k).

The fastest growing import markets in Vegetable plaiting materials & products, n.e.s. for Philippines between 2021 and 2022 were China ($1.04M), Malaysia ($839k), and Madagascar ($107k).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-43.9k(-23.6%)
IMPORT GROWTH (June 2023 - June 2024)$-60.8k(-99.2%)
MAIN DESTINATION (June 2024)United States$46.7k

This section shows Vegetable plaiting materials & products, n.e.s.'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 Vegetable plaiting materials & products, n.e.s. over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$10.1M
IMPORTS (2022)$3.07M
NET TRADE (2022)$7.04M

In 2022, Philippines exported $10.1M in Vegetable plaiting materials & products, n.e.s.. The main destinations of Philippines exports on Vegetable plaiting materials & products, n.e.s. were China ($5.91M), United States ($1.98M), Italy ($744k), Thailand ($429k), and United Kingdom ($294k).

In 2022, Philippines imported $3.07M in Vegetable plaiting materials & products, n.e.s., mainly from China ($1.61M), Malaysia ($839k), Cote d'Ivoire ($169k), Madagascar ($107k), and Ireland ($97.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vegetable plaiting materials & products, n.e.s. EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United States$759k (62.1%)
Italy$544k (271%)
United Kingdom$195k (198%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vegetable plaiting materials & products, n.e.s. BY Philippines WERE (2021 - 2022):
South Korea-$187k (-70.7%)
Hong Kong-$51k (-100%)
Spain-$47.4k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Vegetable plaiting materials & products, n.e.s. were:
In 2022, Philippines's main importing competitors in Vegetable plaiting materials & products, n.e.s. were:

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Trade Value of Vegetable plaiting materials & products, n.e.s. by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $730k
TOP IMPORT POTENTIALChina+ $223k

Vegetable plaiting materials & products, n.e.s.’s highest export potential is United States. With an export gap of $730k.   Vegetable plaiting materials & products, n.e.s.’s highest import potential is China with an import gap of $223k.

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