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2023
Exports $219kWorld Rnk 62 / 133
Flag Rnk 754 / 1123
2023
Destination $23k Chinese Taipei
2022 - 2023
FASTEST GROWING MARKET $23kThailand
2023
PRODUCT COMPLEXITY IN Light Mixed Woven Cotton-1.05Rnk 842 / 1025
2023
Imports $5.15MWorld Rnk 54 / 194
Flag Rnk 788 / 1202
2023
Origin $351k China
2022 - 2023
FASTEST GROWING ORIGIN $351kThailand
2023
ECONOMIC COMPLEXITY of Philippines0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $219k in Light Mixed Woven Cotton, making it the 62nd largest exporter of Light Mixed Woven Cotton in the world. At the same year, Light Mixed Woven Cotton was the 754th most exported product in Philippines. The main destination of Light Mixed Woven Cotton exports from Philippines are: Chinese Taipei ($119k), Cambodia ($29.7k), Thailand ($23k), China ($14.8k), and Japan ($13.3k).

The fastest growing export markets for Light Mixed Woven Cotton of Philippines between 2022 and 2023 were Thailand ($23k), China ($14.8k), and Japan ($8.54k).

Imports In 2023, Philippines imported $5.15M in Light Mixed Woven Cotton, becoming the 54th largest importer of Light Mixed Woven Cotton in the world. At the same year, Light Mixed Woven Cotton was the 788th most imported product in Philippines. Philippines imports Light Mixed Woven Cotton primarily from: China ($3.28M), Thailand ($573k), Pakistan ($386k), Japan ($272k), and Malaysia ($151k).

The fastest growing import markets in Light Mixed Woven Cotton for Philippines between 2022 and 2023 were Thailand ($351k), Pakistan ($143k), and Chinese Taipei ($101k).

Latest Trends

May 2024

About

Overview In May 2024 Philippines' Light Mixed Woven Cotton exports accounted up to $54 and imports accounted up to $242k, resulting in a negative trade balance of $242k. Between May 2022 and May 2024 the exports of Philippines'   Light Mixed Woven Cotton have decreased by $-18.2k (-99.7%) from $18.2k to $54, while imports increased by $171k (239%) from $71.3k to $242k.

Destinations In May 2024, Light Mixed Woven Cotton were exported mostly to , and were imported mostly from China ($209k), France ($20.2k), Japan ($4.86k), Italy ($4.6k), and Indonesia ($1.71k).

Growth In May 2024, the decrease in Light Mixed Woven Cotton's year-by-year exports was explained primarily by a decrease in exports to . In July 2024, the increase in Light Mixed Woven Cotton's year-by-year imports was explained primarily by an increase in imports from China ($278k or 620%), Chinese Taipei ($65.2k or 3.44k%), and Japan ($23.3k or 99%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2022 - May 2024)$-18.2k(-99.7%)
IMPORT GROWTH (July 2023 - July 2024)$171k(239%)
MAIN DESTINATION (May 2024)

This section shows Light Mixed Woven Cotton'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 Light Mixed Woven Cotton over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$219k
IMPORTS (2023)$5.15M
NET TRADE (2023)-$4.93M

In 2023, Philippines exported $219k in Light Mixed Woven Cotton. The main destinations of Philippines exports on Light Mixed Woven Cotton were Chinese Taipei ($119k), Cambodia ($29.7k), Thailand ($23k), China ($14.8k), and Japan ($13.3k).

In 2023, Philippines imported $5.15M in Light Mixed Woven Cotton, mainly from China ($3.28M), Thailand ($573k), Pakistan ($386k), Japan ($272k), and Malaysia ($151k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Light Mixed Woven Cotton EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
Thailand$23k (1%)
China$14.8k (1%)
Japan$8.54k (181%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Light Mixed Woven Cotton BY Philippines WERE (2022 - 2023):
Canada-$59k (-100%)
Italy-$35.3k (-100%)
Cambodia-$12.4k (-29.6%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Philippines's main exporting competitors in Light Mixed Woven Cotton were:
China $760M
Pakistan $173M
India $82.6M
In 2023, Philippines's main importing competitors in Light Mixed Woven Cotton were:
Bangladesh $234M
Vietnam $208M
Indonesia $66.8M

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Trade Value of Light Mixed Woven Cotton by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $14.2k
TOP IMPORT POTENTIALPakistan+ $1.02M

Light Mixed Woven Cotton’s highest export potential is Italy. With an export gap of $14.2k.   Light Mixed Woven Cotton’s highest import potential is Pakistan with an import gap of $1.02M.

See methodology.

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