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2022
Exports $80.8kWorld Rnk 64 / 119
Flag Rnk 851 / 1127
2022
Destination $48.1k Hong Kong
2021 - 2022
FASTEST GROWING MARKET $48.1kHong Kong
2022
PRODUCT COMPLEXITY IN Flax Woven Fabric0.57Rnk 334 / 1025
2022
Imports $11MWorld Rnk 33 / 179
Flag Rnk 697 / 1201
2022
Origin $2.69M China
2021 - 2022
FASTEST GROWING ORIGIN $2.69MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $80.8k in Flax Woven Fabric, making it the 64th largest exporter of Flax Woven Fabric in the world. At the same year, Flax Woven Fabric was the 851st most exported product in Philippines. The main destination of Flax Woven Fabric exports from Philippines are: Hong Kong ($66.6k), United States ($5.93k), China ($5.25k), Belgium ($1.2k), and Ireland ($890).

The fastest growing export markets for Flax Woven Fabric of Philippines between 2021 and 2022 were Hong Kong ($48.1k), United States ($4.08k), and Ireland ($890).

Imports In 2022, Philippines imported $11M in Flax Woven Fabric, becoming the 33rd largest importer of Flax Woven Fabric in the world. At the same year, Flax Woven Fabric was the 697th most imported product in Philippines. Philippines imports Flax Woven Fabric primarily from: China ($10.2M), Turkey ($337k), Japan ($93.3k), Italy ($83k), and India ($77.2k).

The fastest growing import markets in Flax Woven Fabric for Philippines between 2021 and 2022 were China ($2.69M), Turkey ($41.4k), and Poland ($27.5k).

Latest Trends

Jul 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 Flax Woven Fabric. 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)$80.8k
IMPORTS (2022)$11M
NET TRADE (2022)-$10.9M

In 2022, Philippines exported $80.8k in Flax Woven Fabric. The main destinations of Philippines exports on Flax Woven Fabric were Hong Kong ($66.6k), United States ($5.93k), China ($5.25k), Belgium ($1.2k), and Ireland ($890).

In 2022, Philippines imported $11M in Flax Woven Fabric, mainly from China ($10.2M), Turkey ($337k), Japan ($93.3k), Italy ($83k), and India ($77.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Flax Woven Fabric EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Hong Kong$48.1k (260%)
United States$4.08k (221%)
Ireland$890 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flax Woven Fabric BY Philippines WERE (2021 - 2022):
China-$13.9k (-72.6%)
Thailand-$4.73k (-100%)
Iceland-$1.12k (-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 Flax Woven Fabric were:
China $1.18B
Italy $194M
Belgium $86.2M
In 2022, Philippines's main importing competitors in Flax Woven Fabric were:
Bangladesh $381M
United States $142M
Vietnam $135M

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Trade Value of Flax Woven Fabric by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $15.1k
TOP IMPORT POTENTIALChina+ $1.48M

Flax Woven Fabric’s highest export potential is United States. With an export gap of $15.1k.   Flax Woven Fabric’s highest import potential is China with an import gap of $1.48M.

See methodology.

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