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2022
Exports $34.3MWorld Rnk 5 / 113
Flag Rnk 203 / 1127
2022
Destination $990k United Kingdom
2021 - 2022
FASTEST GROWING MARKET $990kJapan
2022
PRODUCT COMPLEXITY IN Coconut and Other Vegetable Fibers-1.6Rnk 960 / 1025
2022
Imports $16.2MWorld Rnk 12 / 177
Flag Rnk 622 / 1201
2022
Origin $2.56M Ecuador
2021 - 2022
FASTEST GROWING ORIGIN $2.56MTanzania
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $34.3M in Coconut and Other Vegetable Fibers, making it the 5th largest exporter of Coconut and Other Vegetable Fibers in the world. At the same year, Coconut and Other Vegetable Fibers was the 203rd most exported product in Philippines. The main destination of Coconut and Other Vegetable Fibers exports from Philippines are: United Kingdom ($16.5M), China ($8.34M), Japan ($7.54M), Spain ($1.08M), and United States ($183k).

The fastest growing export markets for Coconut and Other Vegetable Fibers of Philippines between 2021 and 2022 were Japan ($990k), France ($121k), and United States ($104k).

Imports In 2022, Philippines imported $16.2M in Coconut and Other Vegetable Fibers, becoming the 12th largest importer of Coconut and Other Vegetable Fibers in the world. At the same year, Coconut and Other Vegetable Fibers was the 622nd most imported product in Philippines. Philippines imports Coconut and Other Vegetable Fibers primarily from: Ecuador ($7.73M), Tanzania ($4.64M), Kenya ($1.23M), Costa Rica ($835k), and Madagascar ($523k).

The fastest growing import markets in Coconut and Other Vegetable Fibers for Philippines between 2021 and 2022 were Tanzania ($2.56M), Madagascar ($523k), and China ($393k).

COMPANIES In 2023, leading companies such as Cinmar (1) were at the forefront of shipping Coconut and Other Vegetable Fibers from Philippines to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Coconut and Other Vegetable Fibers exports accounted up to $1.05M and imports accounted up to $316k, resulting in a positive trade balance of $731k. Between June 2023 and June 2024 the exports of Philippines'   Coconut and Other Vegetable Fibers have decreased by $-288k (-21.6%) from $1.33M to $1.05M, while imports decreased by $-188k (-37.3%) from $504k to $316k.

Destinations In June 2024, Coconut and Other Vegetable Fibers were exported mostly to China ($293k), Japan ($281k), United Kingdom ($204k), India ($143k), and Spain ($77.6k), and were imported mostly from Ecuador ($160k) and Costa Rica ($156k).

Growth In June 2024, the decrease in Coconut and Other Vegetable Fibers's year-by-year exports was explained primarily by a decrease in exports to United Kingdom ($-982k or -61%), Japan ($-509k or -59.3%), and China ($-186k or -32.9%). In June 2024, the decrease in Coconut and Other Vegetable Fibers's year-by-year imports was explained primarily by a decrease in imports from Ecuador ($-1.12M or -71.1%) and Tanzania ($-152k or -45.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-288k(-21.6%)
IMPORT GROWTH (June 2023 - June 2024)$-188k(-37.3%)
MAIN DESTINATION (June 2024)China$293k

This section shows Coconut and Other Vegetable Fibers'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 Coconut and Other Vegetable Fibers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$34.3M
IMPORTS (2022)$16.2M
NET TRADE (2022)$18.1M

In 2022, Philippines exported $34.3M in Coconut and Other Vegetable Fibers. The main destinations of Philippines exports on Coconut and Other Vegetable Fibers were United Kingdom ($16.5M), China ($8.34M), Japan ($7.54M), Spain ($1.08M), and United States ($183k).

In 2022, Philippines imported $16.2M in Coconut and Other Vegetable Fibers, mainly from Ecuador ($7.73M), Tanzania ($4.64M), Kenya ($1.23M), Costa Rica ($835k), and Madagascar ($523k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Coconut and Other Vegetable Fibers EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Japan$990k (15.1%)
France$121k (329%)
United States$104k (131%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coconut and Other Vegetable Fibers BY Philippines WERE (2021 - 2022):
China-$4.25M (-33.8%)
United Kingdom-$2.05M (-11%)
Spain-$1.67M (-60.7%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Coconut and Other Vegetable Fibers were:
India $293M
Sri Lanka $196M
Kenya $54.5M
In 2022, Philippines's main importing competitors in Coconut and Other Vegetable Fibers were:
China $196M
United States $71M
United Kingdom $55.5M

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Trade Value of Coconut and Other Vegetable Fibers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.52M
TOP IMPORT POTENTIALIndia+ $44.4k

Coconut and Other Vegetable Fibers’s highest export potential is China. With an export gap of $2.52M.   Coconut and Other Vegetable Fibers’s highest import potential is India with an import gap of $44.4k.

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