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Pricing

2022
Exports $1.98MWorld Rnk 71 / 183
Flag Rnk 530 / 1127
2022
Destination $1.77M United States
2021 - 2022
FASTEST GROWING MARKET $1.77MUnited States
2022
PRODUCT COMPLEXITY IN Light Pure Woven Cotton-1.28Rnk 903 / 1025
2022
Imports $340MWorld Rnk 7 / 215
Flag Rnk 103 / 1201
2022
Origin $13.1M China
2021 - 2022
FASTEST GROWING ORIGIN $13.1MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $1.98M in Light Pure Woven Cotton, making it the 71st largest exporter of Light Pure Woven Cotton in the world. At the same year, Light Pure Woven Cotton was the 530th most exported product in Philippines. The main destination of Light Pure Woven Cotton exports from Philippines are: United States ($1.78M), China ($71.4k), United Kingdom ($37.1k), Romania ($22.2k), and Sierra Leone ($13.4k).

The fastest growing export markets for Light Pure Woven Cotton of Philippines between 2021 and 2022 were United States ($1.77M), China ($67.9k), and Romania ($21.1k).

Imports In 2022, Philippines imported $340M in Light Pure Woven Cotton, becoming the 7th largest importer of Light Pure Woven Cotton in the world. At the same year, Light Pure Woven Cotton was the 103rd most imported product in Philippines. Philippines imports Light Pure Woven Cotton primarily from: China ($322M), Chinese Taipei ($3.73M), Hong Kong ($3.12M), Italy ($2.62M), and Japan ($2.46M).

The fastest growing import markets in Light Pure Woven Cotton for Philippines between 2021 and 2022 were China ($13.1M), Chinese Taipei ($1.67M), and Pakistan ($198k).

COMPANIES In 2023, leading companies such as PVH (Phillips-Van Heusen Corporation) (1) and Puma (1) were at the forefront of shipping Light Pure Woven Cotton from Philippines to the United States.

Latest Trends

February 2024

About

Overview In February 2024 Philippines' Light Pure Woven Cotton exports accounted up to $4.48k and imports accounted up to $845k, resulting in a negative trade balance of $840k. Between February 2023 and February 2024 the exports of Philippines'   Light Pure Woven Cotton have decreased by $-746k (-99.4%) from $750k to $4.48k, while imports decreased by $-1.48M (-63.6%) from $2.32M to $845k.

Destinations In February 2024, Light Pure Woven Cotton were exported mostly to , and were imported mostly from Italy ($224k), Japan ($217k), Chinese Taipei ($169k), Cambodia ($79.2k), and Vietnam ($61k).

Growth In February 2024, the decrease in Light Pure Woven Cotton's year-by-year exports was explained primarily by a decrease in exports to China ($-1.01k or -51.4%). In June 2024, the decrease in Light Pure Woven Cotton's year-by-year imports was explained primarily by a decrease in imports from Italy ($-853k or -80.4%), China ($-591k or -17.3%), and Vietnam ($-145k or -70.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - February 2024)$-746k(-99.4%)
IMPORT GROWTH (June 2023 - June 2024)$-1.48M(-63.6%)
MAIN DESTINATION (February 2024)

This section shows Light Pure Woven Cotton'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 Light Pure Woven Cotton over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.98M
IMPORTS (2022)$340M
NET TRADE (2022)-$339M

In 2022, Philippines exported $1.98M in Light Pure Woven Cotton. The main destinations of Philippines exports on Light Pure Woven Cotton were United States ($1.78M), China ($71.4k), United Kingdom ($37.1k), Romania ($22.2k), and Sierra Leone ($13.4k).

In 2022, Philippines imported $340M in Light Pure Woven Cotton, mainly from China ($322M), Chinese Taipei ($3.73M), Hong Kong ($3.12M), Italy ($2.62M), and Japan ($2.46M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Light Pure Woven Cotton EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United States$1.77M (31.9k%)
China$67.9k (1.95k%)
Romania$21.1k (1.92k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Light Pure Woven Cotton BY Philippines WERE (2021 - 2022):
Chinese Taipei-$289k (-99.9%)
Papua New Guinea-$18.2k (-91.9%)
Hong Kong-$16.5k (-99%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Light Pure Woven Cotton were:
China $5.01B
India $1.32B
Pakistan $896M
In 2022, Philippines's main importing competitors in Light Pure Woven Cotton were:
Bangladesh $975M
Vietnam $729M
Italy $478M

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Trade Value of Light Pure Woven Cotton by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $14.4k
TOP IMPORT POTENTIALItaly+ $2.08M

Light Pure Woven Cotton’s highest export potential is South Korea. With an export gap of $14.4k.   Light Pure Woven Cotton’s highest import potential is Italy with an import gap of $2.08M.

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