2022
Exports
$30.4MWorld Rnk 25 / 172
Flag Rnk 214 / 1127
2022
PRODUCT COMPLEXITY IN Narrow Woven Fabric
-0.052Rnk 562 / 1025
2022
Imports
$77.7MWorld Rnk 17 / 218
Flag Rnk 317 / 1201
2022
ECONOMIC COMPLEXITY of Philippines
0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $30.4M in Narrow Woven Fabric, making it the 25th largest exporter of Narrow Woven Fabric in the world. At the same year, Narrow Woven Fabric was the 214th most exported product in Philippines. The main destination of Narrow Woven Fabric exports from Philippines are: Japan ($6.71M), South Korea ($6.07M), China ($5.82M), India ($3.24M), and Thailand ($2.68M).

The fastest growing export markets for Narrow Woven Fabric of Philippines between 2021 and 2022 were India ($1.34M), United States ($895k), and South Korea ($665k).

Imports In 2022, Philippines imported $77.7M in Narrow Woven Fabric, becoming the 17th largest importer of Narrow Woven Fabric in the world. At the same year, Narrow Woven Fabric was the 317th most imported product in Philippines. Philippines imports Narrow Woven Fabric primarily from: China ($51.1M), Chinese Taipei ($7.71M), Thailand ($6.96M), South Korea ($5.15M), and Hong Kong ($2.54M).

The fastest growing import markets in Narrow Woven Fabric for Philippines between 2021 and 2022 were China ($14.4M), Chinese Taipei ($1.67M), and South Korea ($549k).

Latest Trends

September 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-369k(-12%)
IMPORT GROWTH (September 2023 - September 2024)$551k(30.9%)
MAIN DESTINATION (September 2024)Japan$642k

This section shows Narrow Woven Fabric'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 Narrow Woven Fabric over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$30.4M
IMPORTS (2022)$77.7M
NET TRADE (2022)-$47.3M

In 2022, Philippines exported $30.4M in Narrow Woven Fabric. The main destinations of Philippines exports on Narrow Woven Fabric were Japan ($6.71M), South Korea ($6.07M), China ($5.82M), India ($3.24M), and Thailand ($2.68M).

In 2022, Philippines imported $77.7M in Narrow Woven Fabric, mainly from China ($51.1M), Chinese Taipei ($7.71M), Thailand ($6.96M), South Korea ($5.15M), and Hong Kong ($2.54M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Narrow Woven Fabric EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
India$1.34M (70.2%)
United States$895k (98.2%)
South Korea$665k (12.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Narrow Woven Fabric BY Philippines WERE (2021 - 2022):
China-$13.7M (-70.2%)
Japan-$853k (-11.3%)
Russia-$435k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Narrow Woven Fabric were:
In 2022, Philippines's main importing competitors in Narrow Woven Fabric were:

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Trade Value of Narrow Woven Fabric by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.07M
TOP IMPORT POTENTIALHong Kong+ $1.09M

Narrow Woven Fabric’s highest export potential is China. With an export gap of $2.07M.   Narrow Woven Fabric’s highest import potential is Hong Kong with an import gap of $1.09M.

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