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2022
Exports $14.5MWorld Rnk 35 / 187
Flag Rnk 295 / 1127
2022
Destination $1.73M United States
2021 - 2022
FASTEST GROWING MARKET $1.73MUnited States
2022
PRODUCT COMPLEXITY IN Twine and Rope-0.72Rnk 762 / 1025
2022
Imports $29.6MWorld Rnk 32 / 223
Flag Rnk 500 / 1201
2022
Origin $382k China
2021 - 2022
FASTEST GROWING ORIGIN $382kJapan
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $14.5M in Twine and Rope, making it the 35th largest exporter of Twine and Rope in the world. At the same year, Twine and Rope was the 295th most exported product in Philippines. The main destination of Twine and Rope exports from Philippines are: United States ($8.05M), Singapore ($1.01M), Netherlands ($724k), Canada ($702k), and South Korea ($505k).

The fastest growing export markets for Twine and Rope of Philippines between 2021 and 2022 were United States ($1.73M), Netherlands ($315k), and Canada ($217k).

Imports In 2022, Philippines imported $29.6M in Twine and Rope, becoming the 32nd largest importer of Twine and Rope in the world. At the same year, Twine and Rope was the 500th most imported product in Philippines. Philippines imports Twine and Rope primarily from: China ($22.5M), Chinese Taipei ($1.3M), Japan ($1.16M), Vietnam ($973k), and South Korea ($856k).

The fastest growing import markets in Twine and Rope for Philippines between 2021 and 2022 were Japan ($382k), Tanzania ($137k), and Vietnam ($129k).

Latest Trends

September 2024

About

Overview In September 2024 Philippines' Twine and Rope exports accounted up to $1.12M and imports accounted up to $1.1M, resulting in a positive trade balance of $22k. Between September 2023 and September 2024 the exports of Philippines'   Twine and Rope have decreased by $-81.8k (-6.81%) from $1.2M to $1.12M, while imports decreased by $-80.3k (-6.82%) from $1.18M to $1.1M.

Destinations In September 2024, Twine and Rope were exported mostly to United States ($723k), Netherlands ($148k), Singapore ($106k), Greece ($50.2k), and United Kingdom ($36.6k), and were imported mostly from China ($566k), South Korea ($207k), Japan ($99.1k), Chinese Taipei ($62.5k), and Vietnam ($53.3k).

Growth In September 2024, the decrease in Twine and Rope's year-by-year exports was explained primarily by a decrease in exports to Singapore ($-529k or -88.4%). In September 2024, the decrease in Twine and Rope's year-by-year imports was explained primarily by a decrease in imports from Hong Kong ($-270k or -91.7%), Vietnam ($-27k or -22.2%), and South Korea ($-27k or -60.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-81.8k(-6.81%)
IMPORT GROWTH (September 2023 - September 2024)$-80.3k(-6.82%)
MAIN DESTINATION (September 2024)United States$723k

This section shows Twine and Rope'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 Twine and Rope over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$14.5M
IMPORTS (2022)$29.6M
NET TRADE (2022)-$15.1M

In 2022, Philippines exported $14.5M in Twine and Rope. The main destinations of Philippines exports on Twine and Rope were United States ($8.05M), Singapore ($1.01M), Netherlands ($724k), Canada ($702k), and South Korea ($505k).

In 2022, Philippines imported $29.6M in Twine and Rope, mainly from China ($22.5M), Chinese Taipei ($1.3M), Japan ($1.16M), Vietnam ($973k), and South Korea ($856k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Twine and Rope EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United States$1.73M (27.3%)
Netherlands$315k (77.1%)
Canada$217k (44.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Twine and Rope BY Philippines WERE (2021 - 2022):
Singapore-$43k (-4.07%)
New Zealand-$39.3k (-72.9%)
Papua New Guinea-$36.7k (-49.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Twine and Rope were:
China $914M
Portugal $267M
United States $195M
In 2022, Philippines's main importing competitors in Twine and Rope were:
United States $418M
Germany $133M
France $132M

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Trade Value of Twine and Rope by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.09M
TOP IMPORT POTENTIALVietnam+ $795k

Twine and Rope’s highest export potential is United States. With an export gap of $1.09M.   Twine and Rope’s highest import potential is Vietnam with an import gap of $795k.

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