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2022
Exports $350kWorld Rnk 73 / 171
Flag Rnk 707 / 1127
2022
Destination $65.9k Japan
2021 - 2022
FASTEST GROWING MARKET $65.9kUnited Kingdom
2022
PRODUCT COMPLEXITY IN Plastic Floor Coverings0.79Rnk 245 / 1025
2022
Imports $228MWorld Rnk 9 / 222
Flag Rnk 147 / 1201
2022
Origin $88M China
2021 - 2022
FASTEST GROWING ORIGIN $88MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $350k in Plastic Floor Coverings, making it the 73rd largest exporter of Plastic Floor Coverings in the world. At the same year, Plastic Floor Coverings was the 707th most exported product in Philippines. The main destination of Plastic Floor Coverings exports from Philippines are: Japan ($225k), United Kingdom ($80.1k), Canada ($16k), United States ($10.2k), and Sierra Leone ($7.54k).

The fastest growing export markets for Plastic Floor Coverings of Philippines between 2021 and 2022 were United Kingdom ($65.9k), Canada ($15.1k), and Sierra Leone ($7.54k).

Imports In 2022, Philippines imported $228M in Plastic Floor Coverings, becoming the 9th largest importer of Plastic Floor Coverings in the world. At the same year, Plastic Floor Coverings was the 147th most imported product in Philippines. Philippines imports Plastic Floor Coverings primarily from: China ($212M), Vietnam ($4.37M), South Korea ($2.94M), Japan ($1.87M), and Malaysia ($1.63M).

The fastest growing import markets in Plastic Floor Coverings for Philippines between 2021 and 2022 were China ($88M), Japan ($1.03M), and Malaysia ($618k).

Latest Trends

May 2024

About

Overview In May 2024 Philippines' Plastic Floor Coverings exports accounted up to $1.7k and imports accounted up to $618k, resulting in a negative trade balance of $616k. Between December 2022 and May 2024 the exports of Philippines'   Plastic Floor Coverings have decreased by $-39.7k (-95.9%) from $41.4k to $1.7k, while imports decreased by $-1.9M (-75.5%) from $2.52M to $618k.

Destinations In May 2024, Plastic Floor Coverings were exported mostly to , and were imported mostly from Vietnam ($193k), Japan ($167k), South Korea ($122k), Sweden ($25.1k), and United States ($25.1k).

Growth In May 2024, the decrease in Plastic Floor Coverings's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the decrease in Plastic Floor Coverings's year-by-year imports was explained primarily by a decrease in imports from China ($-249k or -15.3%), Indonesia ($-178k or -81.8%), and Japan ($-116k or -26.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2022 - May 2024)$-39.7k(-95.9%)
IMPORT GROWTH (June 2023 - June 2024)$-1.9M(-75.5%)
MAIN DESTINATION (May 2024)

This section shows Plastic Floor Coverings'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 Plastic Floor Coverings over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$350k
IMPORTS (2022)$228M
NET TRADE (2022)-$228M

In 2022, Philippines exported $350k in Plastic Floor Coverings. The main destinations of Philippines exports on Plastic Floor Coverings were Japan ($225k), United Kingdom ($80.1k), Canada ($16k), United States ($10.2k), and Sierra Leone ($7.54k).

In 2022, Philippines imported $228M in Plastic Floor Coverings, mainly from China ($212M), Vietnam ($4.37M), South Korea ($2.94M), Japan ($1.87M), and Malaysia ($1.63M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Plastic Floor Coverings EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United Kingdom$65.9k (465%)
Canada$15.1k (1.64k%)
Sierra Leone$7.54k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastic Floor Coverings BY Philippines WERE (2021 - 2022):
Japan-$19.8k (-8.09%)
China-$18.6k (-100%)
Vietnam-$10k (-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 Plastic Floor Coverings were:
China $8.32B
Vietnam $1.2B
South Korea $905M
In 2022, Philippines's main importing competitors in Plastic Floor Coverings were:
United States $5.65B
Germany $882M
Canada $762M

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Trade Value of Plastic Floor Coverings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $54.2k
TOP IMPORT POTENTIALVietnam+ $5.08M

Plastic Floor Coverings’s highest export potential is United Kingdom. With an export gap of $54.2k.   Plastic Floor Coverings’s highest import potential is Vietnam with an import gap of $5.08M.

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