2023
Exports
$3.62kWorld Rnk 115 / 149
Flag Rnk 1032 / 1123
2023
PRODUCT COMPLEXITY IN Light Synthetic Cotton Fabrics
-1.13Rnk 864 / 1025
2023
Imports
$13.8MWorld Rnk 36 / 194
Flag Rnk 595 / 1202
2023
ECONOMIC COMPLEXITY of Philippines
0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $3.62k in Light Synthetic Cotton Fabrics, making it the 115th largest exporter of Light Synthetic Cotton Fabrics in the world. At the same year, Light Synthetic Cotton Fabrics was the 1032nd most exported product in Philippines. The main destination of Light Synthetic Cotton Fabrics exports from Philippines are: Canada ($2.57k), Saudi Arabia ($501), United States ($384), Sri Lanka ($171), and Ireland ($1).

The fastest growing export markets for Light Synthetic Cotton Fabrics of Philippines between 2022 and 2023 were Canada ($2.57k), Saudi Arabia ($501), and United States ($384).

Imports In 2023, Philippines imported $13.8M in Light Synthetic Cotton Fabrics, becoming the 36th largest importer of Light Synthetic Cotton Fabrics in the world. At the same year, Light Synthetic Cotton Fabrics was the 595th most imported product in Philippines. Philippines imports Light Synthetic Cotton Fabrics primarily from: China ($9.86M), Vietnam ($1.24M), Chinese Taipei ($608k), South Korea ($459k), and Italy ($458k).

The fastest growing import markets in Light Synthetic Cotton Fabrics for Philippines between 2022 and 2023 were Chinese Taipei ($498k), Vietnam ($251k), and South Korea ($206k).

COMPANIES In 2023, leading companies such as ABB Motors and Mechanical (1) were at the forefront of shipping Light Synthetic Cotton Fabrics from Philippines to the United States.

Latest Trends

October 2023

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2019 - October 2023)$-1.18k(-31.5%)
IMPORT GROWTH (July 2023 - July 2024)$-3.04k(-1.02%)
MAIN DESTINATION (October 2023)

This section shows Light Synthetic Cotton Fabrics'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 Synthetic Cotton Fabrics over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$3.62k
IMPORTS (2023)$13.8M
NET TRADE (2023)-$13.8M

In 2023, Philippines exported $3.62k in Light Synthetic Cotton Fabrics. The main destinations of Philippines exports on Light Synthetic Cotton Fabrics were Canada ($2.57k), Saudi Arabia ($501), United States ($384), Sri Lanka ($171), and Ireland ($1).

In 2023, Philippines imported $13.8M in Light Synthetic Cotton Fabrics, mainly from China ($9.86M), Vietnam ($1.24M), Chinese Taipei ($608k), South Korea ($459k), and Italy ($458k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Light Synthetic Cotton Fabrics EXPORT MARKETS FOR Philippines WERE (2022 - 2023):
Canada$2.57k (1%)
Saudi Arabia$501 (1%)
United States$384 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Light Synthetic Cotton Fabrics BY Philippines WERE (2022 - 2023):
Japan-$5.28k (-100%)
China-$4.89k (-100%)
Indonesia-$37 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Philippines's main exporting competitors in Light Synthetic Cotton Fabrics were:
In 2023, Philippines's main importing competitors in Light Synthetic Cotton Fabrics were:

Explore Visualizations

Trade Value of Light Synthetic Cotton Fabrics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $5.7k
TOP IMPORT POTENTIALPakistan+ $385k

Light Synthetic Cotton Fabrics’s highest export potential is China. With an export gap of $5.7k.   Light Synthetic Cotton Fabrics’s highest import potential is Pakistan with an import gap of $385k.

See methodology.

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