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2022
Exports $1.16MWorld Rnk 16 / 99
Flag Rnk 589 / 1127
2022
Destination $133k Japan
2021 - 2022
FASTEST GROWING MARKET $133kHong Kong
2022
Imports $701kWorld Rnk 37 / 162
Flag Rnk 1036 / 1201
2022
Origin $436k China
2021 - 2022
FASTEST GROWING ORIGIN $436kChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $1.16M in Other Vegetable Fibers Fabric, making it the 16th largest exporter of Other Vegetable Fibers Fabric in the world. At the same year, Other Vegetable Fibers Fabric was the 589th most exported product in Philippines. The main destination of Other Vegetable Fibers Fabric exports from Philippines are: Japan ($273k), South Africa ($263k), Hong Kong ($158k), South Korea ($140k), and United Kingdom ($103k).

The fastest growing export markets for Other Vegetable Fibers Fabric of Philippines between 2021 and 2022 were Hong Kong ($133k), United Kingdom ($83.2k), and South Africa ($28k).

Imports In 2022, Philippines imported $701k in Other Vegetable Fibers Fabric, becoming the 37th largest importer of Other Vegetable Fibers Fabric in the world. At the same year, Other Vegetable Fibers Fabric was the 1036th most imported product in Philippines. Philippines imports Other Vegetable Fibers Fabric primarily from: China ($559k), Vietnam ($112k), Sri Lanka ($10.9k), Japan ($10.6k), and Italy ($7.76k).

The fastest growing import markets in Other Vegetable Fibers Fabric for Philippines between 2021 and 2022 were China ($436k), Vietnam ($28.6k), and Sri Lanka ($10.9k).

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Other Vegetable Fibers Fabric exports accounted up to $58.4k and imports accounted up to $55.4k, resulting in a positive trade balance of $2.99k. Between June 2023 and June 2024 the exports of Philippines'   Other Vegetable Fibers Fabric have decreased by $-72.6k (-55.4%) from $131k to $58.4k, while imports increased by $53.3k (2.51k%) from $2.12k to $55.4k.

Destinations In June 2024, Other Vegetable Fibers Fabric were exported mostly to Japan ($55.6k) and France ($2.83k), and were imported mostly from .

Growth In June 2024, the decrease in Other Vegetable Fibers Fabric's year-by-year exports was explained primarily by a decrease in exports to Japan ($-75.3k or -65.7%) and China ($-15.7k or -96.3%). In April 2024, the increase in Other Vegetable Fibers Fabric's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-72.6k(-55.4%)
IMPORT GROWTH (July 2022 - April 2024)$53.3k(2.51k%)
MAIN DESTINATION (June 2024)Japan$55.6k

This section shows Other Vegetable Fibers 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 Other Vegetable Fibers Fabric over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.16M
IMPORTS (2022)$701k
NET TRADE (2022)$461k

In 2022, Philippines exported $1.16M in Other Vegetable Fibers Fabric. The main destinations of Philippines exports on Other Vegetable Fibers Fabric were Japan ($273k), South Africa ($263k), Hong Kong ($158k), South Korea ($140k), and United Kingdom ($103k).

In 2022, Philippines imported $701k in Other Vegetable Fibers Fabric, mainly from China ($559k), Vietnam ($112k), Sri Lanka ($10.9k), Japan ($10.6k), and Italy ($7.76k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Vegetable Fibers Fabric EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Hong Kong$133k (539%)
United Kingdom$83.2k (420%)
South Africa$28k (11.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Vegetable Fibers Fabric BY Philippines WERE (2021 - 2022):
Japan-$67.9k (-19.9%)
France-$35.6k (-66.1%)
Australia-$21.6k (-97.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Other Vegetable Fibers Fabric were:
China $99.8M
Italy $9.82M
India $9.65M
In 2022, Philippines's main importing competitors in Other Vegetable Fibers Fabric were:
South Korea $18.2M
South Africa $10.9M
Malaysia $10.9M

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Trade Value of Other Vegetable Fibers Fabric by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Other Vegetable Fibers Fabric’s highest export potential is N/A. With an export gap of N/A.   Other Vegetable Fibers Fabric’s highest import potential is N/A with an import gap of N/A.

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