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2022
Exports $2.79MWorld Rnk 36 / 161
Flag Rnk 473 / 1127
2022
Destination $490k Mexico
2021 - 2022
FASTEST GROWING MARKET $490kSouth Africa
2022
PRODUCT COMPLEXITY IN Rubber Textile Fabric0.89Rnk 211 / 1025
2022
Imports $16.9MWorld Rnk 32 / 213
Flag Rnk 613 / 1201
2022
Origin $2.71M China
2021 - 2022
FASTEST GROWING ORIGIN $2.71MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $2.79M in Rubber Textile Fabric, making it the 36th largest exporter of Rubber Textile Fabric in the world. At the same year, Rubber Textile Fabric was the 473rd most exported product in Philippines. The main destination of Rubber Textile Fabric exports from Philippines are: Mexico ($533k), United States ($502k), South Africa ($497k), China ($348k), and India ($307k).

The fastest growing export markets for Rubber Textile Fabric of Philippines between 2021 and 2022 were South Africa ($490k), Honduras ($136k), and United Arab Emirates ($31.6k).

Imports In 2022, Philippines imported $16.9M in Rubber Textile Fabric, becoming the 32nd largest importer of Rubber Textile Fabric in the world. At the same year, Rubber Textile Fabric was the 613th most imported product in Philippines. Philippines imports Rubber Textile Fabric primarily from: China ($7.51M), Japan ($3.37M), South Korea ($1.26M), Singapore ($1.2M), and Indonesia ($805k).

The fastest growing import markets in Rubber Textile Fabric for Philippines between 2021 and 2022 were China ($2.71M), South Korea ($680k), and Indonesia ($176k).

Latest Trends

September 2024

About

Overview In September 2024 Philippines' Rubber Textile Fabric exports accounted up to $5.41k and imports accounted up to $1.9M, resulting in a negative trade balance of $1.89M. Between September 2023 and September 2024 the exports of Philippines'   Rubber Textile Fabric have decreased by $-81.9k (-93.8%) from $87.3k to $5.41k, while imports decreased by $-769k (-28.9%) from $2.66M to $1.9M.

Destinations In September 2024, Rubber Textile Fabric were exported mostly to Papua New Guinea ($5.25k) and Japan ($165), and were imported mostly from China ($926k), Japan ($515k), South Korea ($144k), Singapore ($108k), and Indonesia ($71.2k).

Growth In September 2024, the decrease in Rubber Textile Fabric's year-by-year exports was explained primarily by a decrease in exports to United States ($-29.8k or -55.9%) and Mexico ($-680 or -44.6%). In September 2024, the decrease in Rubber Textile Fabric's year-by-year imports was explained primarily by a decrease in imports from Japan ($-268k or -26.2%), China ($-4.28k or -1.38%), and Germany ($-2.79k or -99%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-81.9k(-93.8%)
IMPORT GROWTH (September 2023 - September 2024)$-769k(-28.9%)
MAIN DESTINATION (September 2024)Papua New Guinea$5.25k

This section shows Rubber Textile 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 Rubber Textile Fabric over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.79M
IMPORTS (2022)$16.9M
NET TRADE (2022)-$14.1M

In 2022, Philippines exported $2.79M in Rubber Textile Fabric. The main destinations of Philippines exports on Rubber Textile Fabric were Mexico ($533k), United States ($502k), South Africa ($497k), China ($348k), and India ($307k).

In 2022, Philippines imported $16.9M in Rubber Textile Fabric, mainly from China ($7.51M), Japan ($3.37M), South Korea ($1.26M), Singapore ($1.2M), and Indonesia ($805k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Textile Fabric EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
South Africa$490k (7.21k%)
Honduras$136k (84.2%)
United Arab Emirates$31.6k (33.2k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Textile Fabric BY Philippines WERE (2021 - 2022):
United States-$271k (-35.1%)
Mexico-$210k (-28.3%)
South Korea-$183k (-63.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Rubber Textile Fabric were:
Germany $345M
China $316M
United States $212M
In 2022, Philippines's main importing competitors in Rubber Textile Fabric were:
United States $182M
Germany $144M
Mexico $96.9M

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Trade Value of Rubber Textile Fabric by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $79.7k
TOP IMPORT POTENTIALChina+ $653k

Rubber Textile Fabric’s highest export potential is India. With an export gap of $79.7k.   Rubber Textile Fabric’s highest import potential is China with an import gap of $653k.

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