Blankets of cotton in Philippines | The Observatory of Economic Complexity

About

Exports In 2022, Philippines exported $63.6k in Blankets of cotton, making it the 69th largest exporter of Blankets of cotton in the world. At the same year, Blankets of cotton was the 2289th most exported product in Philippines. The main destination of Blankets of cotton exports from Philippines are: United States ($34.7k), Australia ($11k), Japan ($5.35k), Denmark ($3.52k), and Indonesia ($1.87k).

The fastest growing export markets for Blankets of cotton of Philippines between 2021 and 2022 were United States ($30.6k), Australia ($5.3k), and Japan ($5.27k).

Imports In 2022, Philippines imported $4.19M in Blankets of cotton, becoming the 23rd largest importer of Blankets of cotton in the world. At the same year, Blankets of cotton was the 2086th most imported product in Philippines. Philippines imports Blankets of cotton primarily from: China ($1.89M), South Korea ($1.61M), Chinese Taipei ($346k), India ($166k), and United Arab Emirates ($53.4k).

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 Blankets of cotton from Philippines to the United States.

Latest Trends

March 2024

About

Overview In March 2024 Philippines' Blankets of cotton exports accounted up to $327 and imports accounted up to $26.6k, resulting in a negative trade balance of $26.3k. Between January 2022 and March 2024 the exports of Philippines' Blankets of cotton have decreased by $-11.9k (-97.3%) from $12.2k to $327, while imports decreased by $-217k (-89.1%) from $243k to $26.6k.

Destinations In March 2024, Blankets of cotton were exported mostly to , and were imported mostly from South Korea ($14.8k), Chinese Taipei ($6.33k), India ($2.75k), Hong Kong ($1.04k), and Bangladesh ($773).

Growth In March 2024, the decrease in Blankets of cotton's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the decrease in Blankets of cotton's year-by-year imports was explained primarily by a decrease in imports from South Korea ($-4.77k or -6.09%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2022 - March 2024)$-11.9k(-97.3%)

IMPORT GROWTH (June 2023 - June 2024)$-217k(-89.1%)

MAIN DESTINATION (March 2024)

This section shows Blankets of cotton'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 Blankets of cotton over time.

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