Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2022
Timeseries: 194 million
Source:TrendEconomy
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Philippines | Imports and Exports | World | Coconut, abaca, ramie and other vegetable textile fibres, raw or processed but not spun; tow, noils and waste of these fibres | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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2023
5305. Coconut, abaca (Manila hemp or Musa textilis Nee), ramie and other vegetable textile fibres, not elsewhere specified or included, raw or processed but not spun; tow, noils and waste of these fibres (including yarn waste and garnetted stock)PhilippinesWorldExportsValue (US$)11,006,211.0016,375,857.0025,990,888.0024,992,837.0032,861,535.0043,054,827.0040,474,242.0032,903,622.0038,606,744.0042,434,089.0031,636,321.0024,547,442.00
Value Growth, YoY (%)-38.3748.7858.71-3.8431.4831.01-5.99-18.7017.339.91-25.44-22.40
ImportsValue (US$)208,440.001,503,152.002,012,562.001,402,192.0012,489,364.0016,957,736.0014,478,230.7121,288,999.0021,144,996.0029,835,699.0021,019,198.0011,455,887.00
Value Growth, YoY (%)-80.96621.1433.88-30.32790.7035.77-14.6247.04-0.6741.10-29.55-45.49

The value of exports of commodity group 5305 "Coconut, abaca (Manila hemp or Musa textilis Nee), ramie and other vegetable textile fibres, not elsewhere specified or included, raw or processed but not spun; tow, noils and waste of these fibres (including yarn waste and garnetted stock)" from Philippines totalled $ 24 million in 2023. Sales of commodity group 5305 from Philippines decreased by 22% in value terms compared to 2022. exports of commodity group 5305 "Coconut, abaca (Manila hemp or Musa textilis Nee), ramie and other vegetable textile fibres, not elsewhere specified or included, raw or processed but not spun; tow, noils and waste of these fibres (including yarn waste and garnetted stock)" decreased by $ 7.08 million (cumulative exports of commodity group 5305 from Philippines amounted $31 million in 2022)

Exports of commodity group 5305 "Coconut, abaca (Manila hemp or Musa textilis Nee), ramie and other vegetable textile fibres, not elsewhere specified or included, raw or processed but not spun; tow, noils and waste of these fibres (including yarn waste and garnetted stock)" amounted to 0.033% of total exports from Philippines (cumulative merchandise exports from Philippines totalled $ 72 billion in 2023). The share of commodity group 5305 in total exports from Philippines decreased by 0.006 p.p. compared to 2022 (it was 0.04% in 2022 and cumulative exports from Philippines were equal to $ 78 billion).

Exports of commodity group 5305 amounted to 92% of total sales of group "" from Philippines in 2023 (the value of exports of commodity group from Philippines amounted to $26 million in 2023). The share of exports of commodity group 5305 in sales of commodity group from Philippines lowered by 3.35 p.p. compared to 2022 (it was 95% in 2022, and exports of commodity group from Philippines were $32 million).

Where does Philippines export Coconut, abaca (Manila hemp or Musa textilis Nee), ramie and other vegetable textile fibres, not elsewhere specified or included, raw or processed but not spun; tow, noils and waste of these fibres (including yarn waste and garnetted stock)?

Top export destinations of "Coconut, abaca (Manila hemp or Musa textilis Nee), ramie and other vegetable textile fibres, not elsewhere specified or included, raw or processed but not spun; tow, noils and waste of these fibres (including yarn waste and garnetted stock)" from Philippines in 2023:

  • China with a share of 33% (8.31 million US$)
  • United Kingdom with a share of 31% (7.77 million US$)
  • Japan with a share of 22% (5.46 million US$)
  • Spain with a share of 9.96% (2.44 million US$)
  • India - 234 thousand US$
  • USA - 117 thousand US$
  • Egypt - 90 thousand US$
  • Indonesia - 72 thousand US$
  • Other Asia, nes - 19.7 thousand US$
  • Korea - 15.9 thousand US$

Exports structure of 5305 - Coconut, abaca (Manila hemp or Musa textilis Nee), ramie and other vegetable textile fibres, not elsewhere specified or included, raw or processed but not spun; tow, noils and waste of these fibres (including yarn waste and garnetted stock) - from Philippines in 2023 represented by the following main commodity groups:

The value of imports of commodity group 5305 "Coconut, abaca (Manila hemp or Musa textilis Nee), ramie and other vegetable textile fibres, not elsewhere specified or included, raw or processed but not spun; tow, noils and waste of these fibres (including yarn waste and garnetted stock)" to Philippines totalled $ 11.4 million in 2023. Sales of commodity group 5305 to Philippines decreased by 45% in value terms compared to 2022. imports of commodity group 5305 "Coconut, abaca (Manila hemp or Musa textilis Nee), ramie and other vegetable textile fibres, not elsewhere specified or included, raw or processed but not spun; tow, noils and waste of these fibres (including yarn waste and garnetted stock)" decreased by $ 9.56 million (the value of imports of commodity group 5305 to Philippines was equal to $21 million in 2022)

Imports of commodity group 5305 "Coconut, abaca (Manila hemp or Musa textilis Nee), ramie and other vegetable textile fibres, not elsewhere specified or included, raw or processed but not spun; tow, noils and waste of these fibres (including yarn waste and garnetted stock)" accounted for 0.008% of total import flow to Philippines (in 2023, total imports to Philippines amounted to $ 133 billion). The share of commodity group 5305 in total imports to Philippines decreased by 0.005 p.p. compared to 2022 (it was 0.014% in 2022 and cumulative imports to Philippines were equal to $ 145 billion).

Imports of commodity group 5305 reached 56% of total imports of group "" to Philippines in 2023 (imports of commodity group to Philippines totalled $20 million in 2023). The share of purchases of commodity group 5305 in imports of commodity group to Philippines went down by 12 p.p. compared to 2022 (it was 68% in 2022, and imports of commodity group to Philippines accounted for $30 million).

Where does Philippines import Coconut, abaca (Manila hemp or Musa textilis Nee), ramie and other vegetable textile fibres, not elsewhere specified or included, raw or processed but not spun; tow, noils and waste of these fibres (including yarn waste and garnetted stock) from?

Top trading partners (import of "Coconut, abaca (Manila hemp or Musa textilis Nee), ramie and other vegetable textile fibres, not elsewhere specified or included, raw or processed but not spun; tow, noils and waste of these fibres (including yarn waste and garnetted stock)") of Philippines in 2023:

  • Ecuador with a share of 43% (4.94 million US$)
  • Tanzania with a share of 23% (2.67 million US$)
  • Kenya with a share of 12.9% (1.48 million US$)
  • Costa Rica with a share of 11.3% (1.3 million US$)
  • Madagascar with a share of 8.82% (1.01 million US$)
  • Japan - 18.4 thousand US$
  • India - 7.71 thousand US$
  • Sri Lanka - 5.08 thousand US$
  • Singapore - 628 US$

Imports structure of 5305 - Coconut, abaca (Manila hemp or Musa textilis Nee), ramie and other vegetable textile fibres, not elsewhere specified or included, raw or processed but not spun; tow, noils and waste of these fibres (including yarn waste and garnetted stock) - to Philippines in 2023 represented by the following main commodity groups:

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Philippines | Imports and Exports | World | Coconut, abaca, ramie and other vegetable textile fibres, raw or processed but not spun; tow, noils and waste of these fibres | Value (US$) and Value Growth, YoY (%) | 2012 - 2023