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Pricing

2021
Exports $1.5kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Felt Carpets0.3Rnk 450 / 1025
2021
Imports $1.16MWorld Rnk 56 / 196
Flag Rnk 984 / 1201
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Imports In 2022, Philippines imported $1.16M in Felt Carpets, becoming the 56th largest importer of Felt Carpets in the world. At the same year, Felt Carpets was the 984th most imported product in Philippines. Philippines imports Felt Carpets primarily from: China ($438k), Indonesia ($262k), Egypt ($97.2k), Malaysia ($76.5k), and United States ($72.7k).

The fastest growing import markets in Felt Carpets for Philippines between 2021 and 2022 were China ($288k), Indonesia ($261k), and Egypt ($90.5k).

Latest Trends

Oct 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 Felt Carpets. 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 (2021)$1.5k
IMPORTS (2022)$1.16M
NET TRADE (2022)-$1.16M

In 2022, Philippines imported $1.16M in Felt Carpets, mainly from China ($438k), Indonesia ($262k), Egypt ($97.2k), Malaysia ($76.5k), and United States ($72.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Felt Carpets BY Philippines WERE (N/A - 2021):
United Kingdom-$1.49k (-100%)
Papua New Guinea-$12 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Felt Carpets were:
Belgium $128M
Netherlands $128M
China $49.3M
In 2022, Philippines's main importing competitors in Felt Carpets were:
Germany $121M
United States $61.5M
United Kingdom $44.5M

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Trade Value of Felt Carpets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $364
TOP IMPORT POTENTIALChina+ $75.7k

Felt Carpets’s highest export potential is United States. With an export gap of $364.   Felt Carpets’s highest import potential is China with an import gap of $75.7k.

See methodology.

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