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2022
Exports $310kWorld Rnk 48 / 102
Flag Rnk 723 / 1127
2022
Destination $27.6k Chinese Taipei
2021 - 2022
FASTEST GROWING MARKET $27.6kChinese Taipei
2022
Imports $399kWorld Rnk 42 / 140
Flag Rnk 1073 / 1201
2022
Origin $89.8k India
2021 - 2022
FASTEST GROWING ORIGIN $89.8kIndia
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $310k in Artificial Fibers Waste, making it the 48th largest exporter of Artificial Fibers Waste in the world. At the same year, Artificial Fibers Waste was the 723rd most exported product in Philippines. The main destination of Artificial Fibers Waste exports from Philippines are: Chinese Taipei ($187k), India ($80.7k), and Japan ($42k).

The fastest growing export markets for Artificial Fibers Waste of Philippines between 2021 and 2022 were Chinese Taipei ($27.6k).

Imports In 2022, Philippines imported $399k in Artificial Fibers Waste, becoming the 42nd largest importer of Artificial Fibers Waste in the world. At the same year, Artificial Fibers Waste was the 1073rd most imported product in Philippines. Philippines imports Artificial Fibers Waste primarily from: India ($104k), Japan ($86.5k), Chinese Taipei ($85.8k), Thailand ($70.1k), and Vietnam ($23k).

The fastest growing import markets in Artificial Fibers Waste for Philippines between 2021 and 2022 were India ($89.8k), Japan ($86.5k), and Thailand ($70.1k).

Latest Trends

May 2024

About

Overview In May 2024 Philippines' Artificial Fibers Waste exports accounted up to $2.3k and imports accounted up to $143, resulting in a positive trade balance of $2.16k. Between December 2020 and May 2024 the exports of Philippines'   Artificial Fibers Waste have decreased by $-8.72k (-79.1%) from $11k to $2.3k, while imports decreased by $-28.1k (-99.5%) from $28.3k to $143.

Destinations In May 2024, Artificial Fibers Waste were exported mostly to , and were imported mostly from .

Growth In May 2024, the decrease in Artificial Fibers Waste's year-by-year exports was explained primarily by a decrease in exports to . In March 2024, the decrease in Artificial Fibers Waste's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - May 2024)$-8.72k(-79.1%)
IMPORT GROWTH (May 2022 - March 2024)$-28.1k(-99.5%)
MAIN DESTINATION (May 2024)

This section shows Artificial Fibers Waste'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 Artificial Fibers Waste over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$310k
IMPORTS (2022)$399k
NET TRADE (2022)-$89.6k

In 2022, Philippines exported $310k in Artificial Fibers Waste. The main destinations of Philippines exports on Artificial Fibers Waste were Chinese Taipei ($187k), India ($80.7k), and Japan ($42k).

In 2022, Philippines imported $399k in Artificial Fibers Waste, mainly from India ($104k), Japan ($86.5k), Chinese Taipei ($85.8k), Thailand ($70.1k), and Vietnam ($23k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Artificial Fibers Waste EXPORT MARKETS FOR Philippines WERE (2021 - 2022):Chinese Taipei$27.6k (17.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Artificial Fibers Waste BY Philippines WERE (2021 - 2022):
Spain-$58.9k (-100%)
Japan-$19.1k (-31.3%)
India-$4.41k (-5.18%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Artificial Fibers Waste were:
Belgium $32.6M
United States $31.6M
Netherlands $17.2M
In 2022, Philippines's main importing competitors in Artificial Fibers Waste were:
Italy $33.2M
Germany $31.6M
Netherlands $25.8M

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Trade Value of Artificial Fibers Waste by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $34k
TOP IMPORT POTENTIALIndia+ $21.3k

Artificial Fibers Waste’s highest export potential is India. With an export gap of $34k.   Artificial Fibers Waste’s highest import potential is India with an import gap of $21.3k.

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