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2022
Exports $947kWorld Rnk 38 / 128
Flag Rnk 616 / 1127
2022
Destination $109k Thailand
2021 - 2022
FASTEST GROWING MARKET $109kIndia
2022
Imports $3.24MWorld Rnk 25 / 173
Flag Rnk 875 / 1201
2022
Origin $105kN/A
2021 - 2022
FASTEST GROWING ORIGIN $105kThailand
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $947k in Cotton Waste, making it the 38th largest exporter of Cotton Waste in the world. At the same year, Cotton Waste was the 616th most exported product in Philippines. The main destination of Cotton Waste exports from Philippines are: Thailand ($787k), India ($109k), Chinese Taipei ($51.3k), Czechia ($168), and Slovakia ($67).

The fastest growing export markets for Cotton Waste of Philippines between 2021 and 2022 were India ($109k), Chinese Taipei ($46.3k), and Maldives ($1).

Imports In 2022, Philippines imported $3.24M in Cotton Waste, becoming the 25th largest importer of Cotton Waste in the world. At the same year, Cotton Waste was the 875th most imported product in Philippines. Philippines imports Cotton Waste primarily from: N/A.

The fastest growing import markets in Cotton Waste for Philippines between 2021 and 2022 were Thailand ($105k), Vietnam ($32.5k), and China ($4.34k).

Latest Trends

April 2023

About

Overview In April 2023 Philippines' Cotton Waste exports accounted up to $33.8k and imports accounted up to $253, resulting in a positive trade balance of $33.6k. Between August 2021 and April 2023 the exports of Philippines'   Cotton Waste have decreased by $-52.8k (-61%) from $86.7k to $33.8k, while imports decreased by $-47.1k (-99.5%) from $47.4k to $253.

Destinations In April 2023, Cotton Waste were exported mostly to , and were imported mostly from Japan ($253).

Growth In April 2023, the decrease in Cotton Waste's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the decrease in Cotton Waste's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2021 - April 2023)$-52.8k(-61%)
IMPORT GROWTH (May 2023 - June 2024)$-47.1k(-99.5%)
MAIN DESTINATION (April 2023)

This section shows Cotton Waste'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 Cotton Waste over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$947k
IMPORTS (2022)$3.24M
NET TRADE (2022)-$2.3M

In 2022, Philippines exported $947k in Cotton Waste. The main destinations of Philippines exports on Cotton Waste were Thailand ($787k), India ($109k), Chinese Taipei ($51.3k), Czechia ($168), and Slovakia ($67).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cotton Waste EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
India$109k (1%)
Chinese Taipei$46.3k (933%)
Maldives$1 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cotton Waste BY Philippines WERE (2021 - 2022):
Thailand-$612k (-43.7%)
Sweden-$845 (-100%)
United Arab Emirates-$433 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Cotton Waste were:
Turkey $78.4M
India $61.5M
Pakistan $58.8M
In 2022, Philippines's main importing competitors in Cotton Waste were:
Germany $55.7M
Turkey $38.3M
France $33.5M

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Trade Value of Cotton Waste by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $84k
TOP IMPORT POTENTIALVietnam+ $40.4k

Cotton Waste’s highest export potential is India. With an export gap of $84k.   Cotton Waste’s highest import potential is Vietnam with an import gap of $40.4k.

See methodology.

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