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Exports In 2022, Philippines exported $8.17k in Yarn of wool or fine hair, <85% such fibres, retail, making it the 67th largest exporter of Yarn of wool or fine hair, <85% such fibres, retail in the world. At the same year, Yarn of wool or fine hair, <85% such fibres, retail was the 2892nd most exported product in Philippines. The main destination of Yarn of wool or fine hair, <85% such fibres, retail exports from Philippines are: Malaysia ($8.17k) and Maldives ($1).

The fastest growing export markets for Yarn of wool or fine hair, <85% such fibres, retail of Philippines between 2021 and 2022 were Malaysia ($8.17k) and Maldives ($1).

Imports In 2022, Philippines imported $183k in Yarn of wool or fine hair, <85% such fibres, retail, becoming the 58th largest importer of Yarn of wool or fine hair, <85% such fibres, retail in the world. At the same year, Yarn of wool or fine hair, <85% such fibres, retail was the 3746th most imported product in Philippines. Philippines imports Yarn of wool or fine hair, <85% such fibres, retail primarily from: China ($124k), Norway ($19.5k), Hong Kong ($19.3k), Thailand ($12.8k), and Italy ($4k).

The fastest growing import markets in Yarn of wool or fine hair, <85% such fibres, retail for Philippines between 2021 and 2022 were Norway ($19.5k), Thailand ($12.8k), and United Kingdom ($2.44k).

COMPANIES In 2023, leading companies such as Del Monte Foods (741), Yokohama Industries (278), and ABB Motors and Mechanical (197) were at the forefront of shipping Yarn of wool or fine hair, <85% such fibres, retail from Philippines to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Yarn of wool or fine hair, <85% such fibres, retail. 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)$8.17k
IMPORTS (2022)$183k
NET TRADE (2022)-$175k

In 2022, Philippines exported $8.17k in Yarn of wool or fine hair, <85% such fibres, retail. The main destinations of Philippines exports on Yarn of wool or fine hair, <85% such fibres, retail were Malaysia ($8.17k) and Maldives ($1).

In 2022, Philippines imported $183k in Yarn of wool or fine hair, <85% such fibres, retail, mainly from China ($124k), Norway ($19.5k), Hong Kong ($19.3k), Thailand ($12.8k), and Italy ($4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Yarn of wool or fine hair, EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Malaysia$8.17k (1%)
Maldives$1 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Yarn of wool or fine hair, <85% such fibres, retail BY Philippines WERE (2021 - 2022):United States-$302 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Yarn of wool or fine hair,
Italy $51.1M
Peru $28.8M
Sweden $21.5M
In 2022, Philippines's main importing competitors in Yarn of wool or fine hair,
Germany $45.9M
Norway $37.1M
Denmark $21.3M

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Trade Value of Yarn of wool or fine hair, <85% such fibres, retail by Exporters

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