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2018
Exports $241kWorld Rnk 36 / 80
Flag Rnk 758 / 1127
2018
Destination $35 United States
2021 - 2022
FASTEST GROWING MARKET $35United Kingdom
2022
PRODUCT COMPLEXITY IN Unprocessed Artificial Staple Fibers0.34Rnk 428 / 1025
2018
Imports $738kWorld Rnk 65 / 141
Flag Rnk 1029 / 1201
2018
Origin $211k China
2021 - 2022
FASTEST GROWING ORIGIN $211kSingapore
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2018, Philippines exported $241k in Unprocessed Artificial Staple Fibers, making it the 36th largest exporter of Unprocessed Artificial Staple Fibers in the world. At the same year, Unprocessed Artificial Staple Fibers was the 758th most exported product in Philippines. The main destination of Unprocessed Artificial Staple Fibers exports from Philippines are: United States ($235k) and United Kingdom ($6.17k).

The fastest growing export markets for Unprocessed Artificial Staple Fibers of Philippines between 2021 and 2022 were United Kingdom ($35).

Imports In 2022, Philippines imported $738k in Unprocessed Artificial Staple Fibers, becoming the 65th largest importer of Unprocessed Artificial Staple Fibers in the world. At the same year, Unprocessed Artificial Staple Fibers was the 1029th most imported product in Philippines. Philippines imports Unprocessed Artificial Staple Fibers primarily from: China ($335k), Singapore ($211k), Canada ($95.2k), India ($51.6k), and Indonesia ($43.5k).

The fastest growing import markets in Unprocessed Artificial Staple Fibers for Philippines between 2021 and 2022 were Singapore ($211k), China ($109k), and India ($51.6k).

Latest Trends

April 2024

About

Overview In April 2024 Philippines' Unprocessed Artificial Staple Fibers exports accounted up to $217k and imports accounted up to $267, resulting in a positive trade balance of $217k. Between June 2020 and April 2024 the exports of Philippines'   Unprocessed Artificial Staple Fibers have decreased by $-108k (-33.3%) from $325k to $217k, while imports decreased by $-54.1k (-99.5%) from $54.4k to $267.

Destinations In April 2024, Unprocessed Artificial Staple Fibers were exported mostly to , and were imported mostly from .

Growth In April 2024, the decrease in Unprocessed Artificial Staple Fibers's year-by-year exports was explained primarily by a decrease in exports to . In May 2024, the decrease in Unprocessed Artificial Staple Fibers's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2020 - April 2024)$-108k(-33.3%)
IMPORT GROWTH (August 2022 - May 2024)$-54.1k(-99.5%)
MAIN DESTINATION (April 2024)

This section shows Unprocessed Artificial Staple Fibers'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 Unprocessed Artificial Staple Fibers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$241k
IMPORTS (2022)$738k
NET TRADE (2022)-$497k

In 2022, Philippines exported $241k in Unprocessed Artificial Staple Fibers. The main destinations of Philippines exports on Unprocessed Artificial Staple Fibers were United States ($235k) and United Kingdom ($6.17k).

In 2022, Philippines imported $738k in Unprocessed Artificial Staple Fibers, mainly from China ($335k), Singapore ($211k), Canada ($95.2k), India ($51.6k), and Indonesia ($43.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Unprocessed Artificial Staple Fibers EXPORT MARKETS FOR Philippines WERE (2021 - 2022):United Kingdom$35 (0.57%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Unprocessed Artificial Staple Fibers BY Philippines WERE (2021 - 2022):United States-$490k (-67.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Unprocessed Artificial Staple Fibers were:
Austria $973M
Indonesia $841M
China $719M
In 2022, Philippines's main importing competitors in Unprocessed Artificial Staple Fibers were:
Turkey $682M
China $502M
Pakistan $418M

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Trade Value of Unprocessed Artificial Staple Fibers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $619
TOP IMPORT POTENTIALChina+ $298k

Unprocessed Artificial Staple Fibers’s highest export potential is China. With an export gap of $619.   Unprocessed Artificial Staple Fibers’s highest import potential is China with an import gap of $298k.

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