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2022
Exports $97.1MWorld Rnk 32 / 215
Flag Rnk 119 / 1127
2022
Destination $8.19M Czechia
2021 - 2022
FASTEST GROWING MARKET $8.19MCzechia
2022
PRODUCT COMPLEXITY IN Textile Footwear-0.49Rnk 696 / 1025
2022
Imports $437MWorld Rnk 25 / 223
Flag Rnk 84 / 1201
2022
Origin $219M China
2021 - 2022
FASTEST GROWING ORIGIN $219MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $97.1M in Textile Footwear, making it the 32nd largest exporter of Textile Footwear in the world. At the same year, Textile Footwear was the 119th most exported product in Philippines. The main destination of Textile Footwear exports from Philippines are: Czechia ($21.8M), United States ($21.1M), Germany ($12.1M), Poland ($5.94M), and Spain ($5.74M).

The fastest growing export markets for Textile Footwear of Philippines between 2021 and 2022 were Czechia ($8.19M), United States ($4.79M), and Germany ($3.35M).

Imports In 2022, Philippines imported $437M in Textile Footwear, becoming the 25th largest importer of Textile Footwear in the world. At the same year, Textile Footwear was the 84th most imported product in Philippines. Philippines imports Textile Footwear primarily from: China ($358M), Vietnam ($41.5M), Indonesia ($12.2M), Singapore ($10.9M), and Malaysia ($3.61M).

The fastest growing import markets in Textile Footwear for Philippines between 2021 and 2022 were China ($219M), Vietnam ($21.8M), and Indonesia ($5.98M).

Latest Trends

August 2024

About

Overview In August 2024 Philippines' Textile Footwear exports accounted up to $5.16M and imports accounted up to $15.8M, resulting in a negative trade balance of $10.7M. Between August 2023 and August 2024 the exports of Philippines'   Textile Footwear have increased by $793k (18.2%) from $4.37M to $5.16M, while imports increased by $1.93k (0.012%) from $15.8M to $15.8M.

Destinations In August 2024, Textile Footwear were exported mostly to United States ($1.75M), Czechia ($1.43M), Japan ($415k), Mexico ($358k), and United Kingdom ($261k), and were imported mostly from Vietnam ($7.75M), China ($4.22M), Indonesia ($2M), India ($990k), and Italy ($254k).

Growth In August 2024, the increase in Textile Footwear's year-by-year exports was explained primarily by an increase in exports to United States ($361k or 37%), South Africa ($197k or 509%), and Japan ($178k or 89.1%). In August 2024, the increase in Textile Footwear's year-by-year imports was explained primarily by an increase in imports from China ($1.05M or 41.3%), Indonesia ($1.02M or 132%), and Vietnam ($746k or 24%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$793k(18.2%)
IMPORT GROWTH (August 2023 - August 2024)$1.93k(0.012%)
MAIN DESTINATION (August 2024)United States$1.75M

This section shows Textile Footwear'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 Textile Footwear over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$97.1M
IMPORTS (2022)$437M
NET TRADE (2022)-$340M

In 2022, Philippines exported $97.1M in Textile Footwear. The main destinations of Philippines exports on Textile Footwear were Czechia ($21.8M), United States ($21.1M), Germany ($12.1M), Poland ($5.94M), and Spain ($5.74M).

In 2022, Philippines imported $437M in Textile Footwear, mainly from China ($358M), Vietnam ($41.5M), Indonesia ($12.2M), Singapore ($10.9M), and Malaysia ($3.61M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Textile Footwear EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
Czechia$8.19M (60.4%)
United States$4.79M (29.3%)
Germany$3.35M (38.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Textile Footwear BY Philippines WERE (2021 - 2022):
South Korea-$4.94M (-52.5%)
Singapore-$1.48M (-93%)
Austria-$1.1M (-99.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Textile Footwear were:
China $16.9B
Vietnam $13.2B
Indonesia $3.89B
In 2022, Philippines's main importing competitors in Textile Footwear were:
United States $11.4B
Germany $4.43B
France $2.8B

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Trade Value of Textile Footwear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $16.2M
TOP IMPORT POTENTIALVietnam+ $37.9M

Textile Footwear’s highest export potential is United States. With an export gap of $16.2M.   Textile Footwear’s highest import potential is Vietnam with an import gap of $37.9M.

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