2019
Exports
$55World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Wool
-2.11Rnk 1004 / 1025
2019
Imports
$105kWorld Rnk 72 / 137
Flag Rnk 1139 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Imports In 2022, Philippines imported $105k in Wool, becoming the 72nd largest importer of Wool in the world. At the same year, Wool was the 1139th most imported product in Philippines. Philippines imports Wool primarily from: Italy ($46.9k), China ($42.3k), South Korea ($14.1k), United States ($1.39k), and United Kingdom ($74).

The fastest growing import markets in Wool for Philippines between 2021 and 2022 were Italy ($46.9k), South Korea ($13.9k), and United States ($1.39k).

Latest Trends

Jul 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 Wool. 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 (2019)$55
IMPORTS (2022)$105k
NET TRADE (2022)-$105k

In 2022, Philippines imported $105k in Wool, mainly from Italy ($46.9k), China ($42.3k), South Korea ($14.1k), United States ($1.39k), and United Kingdom ($74).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Wool were:
In 2022, Philippines's main importing competitors in Wool were:
China $2.16B
Italy $223M
India $205M

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Trade Value of Wool by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $696
TOP IMPORT POTENTIALAustralia+ $530

Wool’s highest export potential is China. With an export gap of $696.   Wool’s highest import potential is Australia with an import gap of $530.

See methodology.

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