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Exports In 2022, Philippines exported $913 in Retail Artificial Staple Fibers Yarn, making it the 89th largest exporter of Retail Artificial Staple Fibers Yarn in the world. At the same year, Retail Artificial Staple Fibers Yarn was the 1079th most exported product in Philippines. The main destination of Retail Artificial Staple Fibers Yarn exports from Philippines are: New Zealand ($634), South Korea ($263), and Indonesia ($16).

The fastest growing export markets for Retail Artificial Staple Fibers Yarn of Philippines between 2021 and 2022 were New Zealand ($634) and South Korea ($263).

Imports In 2022, Philippines imported $130k in Retail Artificial Staple Fibers Yarn, becoming the 109th largest importer of Retail Artificial Staple Fibers Yarn in the world. At the same year, Retail Artificial Staple Fibers Yarn was the 1130th most imported product in Philippines. Philippines imports Retail Artificial Staple Fibers Yarn primarily from: China ($99.9k), Chinese Taipei ($14.4k), Hong Kong ($5.96k), United States ($5.5k), and South Korea ($1.15k).

The fastest growing import markets in Retail Artificial Staple Fibers Yarn for Philippines between 2021 and 2022 were China ($15.4k), Hong Kong ($4.51k), and United States ($1k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Retail Artificial Staple Fibers Yarn. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$913
IMPORTS (2022)$130k
NET TRADE (2022)-$129k

In 2022, Philippines exported $913 in Retail Artificial Staple Fibers Yarn. The main destinations of Philippines exports on Retail Artificial Staple Fibers Yarn were New Zealand ($634), South Korea ($263), and Indonesia ($16).

In 2022, Philippines imported $130k in Retail Artificial Staple Fibers Yarn, mainly from China ($99.9k), Chinese Taipei ($14.4k), Hong Kong ($5.96k), United States ($5.5k), and South Korea ($1.15k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Retail Artificial Staple Fibers Yarn EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
New Zealand$634 (1%)
South Korea$263 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Retail Artificial Staple Fibers Yarn BY Philippines WERE (2021 - 2022):
Chile-$130k (-100%)
Indonesia-$389 (-96%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Philippines's main exporting competitors in Retail Artificial Staple Fibers Yarn were:
China $82.1M
India $40.4M
In 2022, Philippines's main importing competitors in Retail Artificial Staple Fibers Yarn were:

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Trade Value of Retail Artificial Staple Fibers Yarn by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $564
TOP IMPORT POTENTIALChina+ $54.1k

Retail Artificial Staple Fibers Yarn’s highest export potential is United States. With an export gap of $564.   Retail Artificial Staple Fibers Yarn’s highest import potential is China with an import gap of $54.1k.

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