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2022
Exports $1.43MWorld Rnk 28 / 132
Flag Rnk 569 / 1127
2022
Destination $546k Japan
2021 - 2022
FASTEST GROWING MARKET $546kJapan
2022
Imports $4.71MWorld Rnk 26 / 203
Flag Rnk 835 / 1201
2022
Origin $517k China
2021 - 2022
FASTEST GROWING ORIGIN $517kCanada
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $1.43M in Hose Piping Textiles, making it the 28th largest exporter of Hose Piping Textiles in the world. At the same year, Hose Piping Textiles was the 569th most exported product in Philippines. The main destination of Hose Piping Textiles exports from Philippines are: Japan ($1.43M), Belgium ($883), China ($825), Panama ($293), and France ($184).

The fastest growing export markets for Hose Piping Textiles of Philippines between 2021 and 2022 were Japan ($546k), Belgium ($883), and Panama ($293).

Imports In 2022, Philippines imported $4.71M in Hose Piping Textiles, becoming the 26th largest importer of Hose Piping Textiles in the world. At the same year, Hose Piping Textiles was the 835th most imported product in Philippines. Philippines imports Hose Piping Textiles primarily from: China ($2.97M), Canada ($517k), United States ($436k), Japan ($249k), and Thailand ($148k).

The fastest growing import markets in Hose Piping Textiles for Philippines between 2021 and 2022 were Canada ($517k), China ($302k), and United States ($121k).

Latest Trends

September 2024

About

Overview In September 2024 Philippines' Hose Piping Textiles exports accounted up to $206k and imports accounted up to $121k, resulting in a positive trade balance of $84.9k. Between May 2023 and September 2024 the exports of Philippines'   Hose Piping Textiles have decreased by $-22.4k (-9.81%) from $229k to $206k, while imports increased by $22.5k (22.8%) from $98.9k to $121k.

Destinations In September 2024, Hose Piping Textiles were exported mostly to Japan ($206k), and were imported mostly from United Kingdom ($45k), China ($38.3k), Chinese Taipei ($13.1k), United States ($12.4k), and Thailand ($8.29k).

Growth In September 2024, the decrease in Hose Piping Textiles's year-by-year exports was explained primarily by a decrease in exports to . In September 2024, the increase in Hose Piping Textiles's year-by-year imports was explained primarily by an increase in imports from United States ($47.5k or 231%) and Thailand ($11.1k or 49.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - September 2024)$-22.4k(-9.81%)
IMPORT GROWTH (September 2023 - September 2024)$22.5k(22.8%)
MAIN DESTINATION (September 2024)Japan$206k

This section shows Hose Piping Textiles'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 Hose Piping Textiles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.43M
IMPORTS (2022)$4.71M
NET TRADE (2022)-$3.28M

In 2022, Philippines exported $1.43M in Hose Piping Textiles. The main destinations of Philippines exports on Hose Piping Textiles were Japan ($1.43M), Belgium ($883), China ($825), Panama ($293), and France ($184).

In 2022, Philippines imported $4.71M in Hose Piping Textiles, mainly from China ($2.97M), Canada ($517k), United States ($436k), Japan ($249k), and Thailand ($148k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hose Piping Textiles EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Japan$546k (61.8%)
Belgium$883 (1%)
Panama$293 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hose Piping Textiles BY Philippines WERE (2021 - 2022):
China-$4.24k (-83.7%)
Indonesia-$1.98k (-100%)
Nicaragua-$1.73k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Hose Piping Textiles were:
China $146M
Germany $41.8M
Canada $29.9M
In 2022, Philippines's main importing competitors in Hose Piping Textiles were:
United States $69.1M
Germany $27.4M
Japan $14.6M

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Trade Value of Hose Piping Textiles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $5.1k
TOP IMPORT POTENTIALGermany+ $82.4k

Hose Piping Textiles’s highest export potential is China. With an export gap of $5.1k.   Hose Piping Textiles’s highest import potential is Germany with an import gap of $82.4k.

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