2023
Exports
$509World Rnk 91 / 110
Flag Rnk 1080 / 1123
2023
Imports
$224kWorld Rnk 98 / 181
Flag Rnk 1094 / 1202
2023
ECONOMIC COMPLEXITY of Philippines
0.64Rnk 40 / 132

About

Exports In 2023, Philippines exported $509 in Retail Artificial Staple Fibers Yarn, making it the 91st largest exporter of Retail Artificial Staple Fibers Yarn in the world. At the same year, Retail Artificial Staple Fibers Yarn was the 1080th most exported product in Philippines. The main destination of Retail Artificial Staple Fibers Yarn exports from Philippines are: New Zealand ($503), Singapore ($5), and Indonesia ($1).

The fastest growing export markets for Retail Artificial Staple Fibers Yarn of Philippines between 2022 and 2023 were Singapore ($5).

Imports In 2023, Philippines imported $224k in Retail Artificial Staple Fibers Yarn, becoming the 98th largest importer of Retail Artificial Staple Fibers Yarn in the world. At the same year, Retail Artificial Staple Fibers Yarn was the 1094th most imported product in Philippines. Philippines imports Retail Artificial Staple Fibers Yarn primarily from: China ($207k), United States ($9.33k), France ($2.9k), Hong Kong ($1.39k), and Turkey ($977).

The fastest growing import markets in Retail Artificial Staple Fibers Yarn for Philippines between 2022 and 2023 were China ($144k), United States ($3.83k), and France ($2.9k).

Latest Trends

Dec 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 Retail Artificial Staple Fibers Yarn. 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 (2023)$509
IMPORTS (2023)$224k
NET TRADE (2023)-$223k

In 2023, Philippines exported $509 in Retail Artificial Staple Fibers Yarn. The main destinations of Philippines exports on Retail Artificial Staple Fibers Yarn were New Zealand ($503), Singapore ($5), and Indonesia ($1).

In 2023, Philippines imported $224k in Retail Artificial Staple Fibers Yarn, mainly from China ($207k), United States ($9.33k), France ($2.9k), Hong Kong ($1.39k), and Turkey ($977).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Retail Artificial Staple Fibers Yarn EXPORT MARKETS FOR Philippines WERE (2022 - 2023):Singapore$5 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Retail Artificial Staple Fibers Yarn BY Philippines WERE (2022 - 2023):
South Korea-$265 (-100%)
New Zealand-$144 (-22.3%)
Indonesia-$15 (-93.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Philippines's main exporting competitors in Retail Artificial Staple Fibers Yarn were:
China $93.3M
In 2023, Philippines's main importing competitors in Retail Artificial Staple Fibers Yarn were:

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Trade Value of Retail Artificial Staple Fibers Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $564
TOP IMPORT POTENTIALChina+ $54.1k

Retail Artificial Staple Fibers Yarn’s highest export potential is United States. With an export gap of $564.   Retail Artificial Staple Fibers Yarn’s highest import potential is China with an import gap of $54.1k.

See methodology.

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