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Exports In 2022, Philippines exported $93.9k in Jute and Other Textile Fibers, making it the 34th largest exporter of Jute and Other Textile Fibers in the world. At the same year, Jute and Other Textile Fibers was the 835th most exported product in Philippines. The main destination of Jute and Other Textile Fibers exports from Philippines are: China ($53.8k), Japan ($22.5k), United States ($17.5k), and Switzerland ($114).

The fastest growing export markets for Jute and Other Textile Fibers of Philippines between 2021 and 2022 were Japan ($13.8k), United States ($13.1k), and China ($11k).

Imports In 2022, Philippines imported $3.59M in Jute and Other Textile Fibers, becoming the 13th largest importer of Jute and Other Textile Fibers in the world. At the same year, Jute and Other Textile Fibers was the 865th most imported product in Philippines. Philippines imports Jute and Other Textile Fibers primarily from: Tanzania ($3.56M), South Korea ($15k), Bangladesh ($7.25k), Singapore ($1.09k), and India ($404).

The fastest growing import markets in Jute and Other Textile Fibers for Philippines between 2021 and 2022 were Tanzania ($1.73M), South Korea ($14.8k), and Singapore ($1.09k).

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 Jute and Other Textile 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 (2022)$93.9k
IMPORTS (2022)$3.59M
NET TRADE (2022)-$3.49M

In 2022, Philippines exported $93.9k in Jute and Other Textile Fibers. The main destinations of Philippines exports on Jute and Other Textile Fibers were China ($53.8k), Japan ($22.5k), United States ($17.5k), and Switzerland ($114).

In 2022, Philippines imported $3.59M in Jute and Other Textile Fibers, mainly from Tanzania ($3.56M), South Korea ($15k), Bangladesh ($7.25k), Singapore ($1.09k), and India ($404).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Jute and Other Textile Fibers EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Japan$13.8k (160%)
United States$13.1k (294%)
China$11k (25.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Jute and Other Textile Fibers BY Philippines WERE (2021 - 2022):
Spain-$31.7k (-100%)
Thailand-$8.64k (-100%)
Austria-$94 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Philippines's main exporting competitors in Jute and Other Textile Fibers were:
In 2022, Philippines's main importing competitors in Jute and Other Textile Fibers were:
India $97.2M
Nepal $33.2M

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Trade Value of Jute and Other Textile Fibers by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $25.9k
TOP IMPORT POTENTIALIndia+ $4.79k

Jute and Other Textile Fibers’s highest export potential is China. With an export gap of $25.9k.   Jute and Other Textile Fibers’s highest import potential is India with an import gap of $4.79k.

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