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2023
Exports $3.07kWorld Rnk 48 / 78
Flag Rnk 1042 / 1123
2023
Destination $3.07k Malaysia
2022 - 2023
FASTEST GROWING MARKET $3.07kMalaysia
2023
Imports $6.05kWorld Rnk 73 / 126
Flag Rnk 1183 / 1202
2023
Origin $5.15k Nepal
2022 - 2023
FASTEST GROWING ORIGIN $5.15kNepal
2023
ECONOMIC COMPLEXITY of Philippines0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $3.07k in Hemp Fibers, making it the 48th largest exporter of Hemp Fibers in the world. At the same year, Hemp Fibers was the 1042nd most exported product in Philippines. The main destination of Hemp Fibers exports from Philippines are: Malaysia ($3.07k).

The fastest growing export markets for Hemp Fibers of Philippines between 2022 and 2023 were Malaysia ($3.07k).

Imports In 2023, Philippines imported $6.05k in Hemp Fibers, becoming the 73rd largest importer of Hemp Fibers in the world. At the same year, Hemp Fibers was the 1183rd most imported product in Philippines. Philippines imports Hemp Fibers primarily from: Nepal ($5.15k) and China ($900).

The fastest growing import markets in Hemp Fibers for Philippines between 2022 and 2023 were Nepal ($5.15k) and China ($900).

Latest Trends

Dec 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 Hemp Fibers. 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 (2023)$3.07k
IMPORTS (2023)$6.05k
NET TRADE (2023)-$2.98k

In 2023, Philippines exported $3.07k in Hemp Fibers. The main destinations of Philippines exports on Hemp Fibers were Malaysia ($3.07k).

In 2023, Philippines imported $6.05k in Hemp Fibers, mainly from Nepal ($5.15k) and China ($900).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hemp Fibers EXPORT MARKETS FOR Philippines WERE (2022 - 2023):Malaysia$3.07k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hemp Fibers BY Philippines WERE (2022 - 2023):Canada-$582 (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Philippines's main exporting competitors in Hemp Fibers were:
France $20.9M
Netherlands $7.7M
Portugal $6.51M
In 2023, Philippines's main importing competitors in Hemp Fibers were:
Germany $12M
Spain $7.52M
Luxembourg $6.31M

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Trade Value of Hemp Fibers by Exporters

Potential Exports

Potential Exports

Flow
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N/A
N/AN/A
N/AN/A

Hemp Fibers’s highest export potential is N/A. With an export gap of N/A.   Hemp Fibers’s highest import potential is N/A with an import gap of N/A.

See methodology.

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