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2022
Flag → Flag
Exports $522MRnk 34 / 168
2022
Flag → Flag
Top Product $411MSoybean Meal
2022
Flag → Flag
Exports $132MRnk 35 / 205
2022
Flag → Flag
Top Product $58.3MMotor vehicles; parts and accessories (8701 to 8705)
2022
Flag
Economic Complexity (ECI) ECI 0.064Rnk 61 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag  
GDP$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH15.9%CURRENT US$
Rnk 134 / 186
2022
Flag
 GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
GDP PC $13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH4.61%CURRENT US$
Rnk 129 / 186
2022
Flag
GDP PC$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186

About

Argentina-Philippines Trade: In 2022, Argentina exported $522M to Philippines. The main products that Argentina exported to Philippines were Soybean Meal ($411M), Corn ($24.8M), and Soybeans ($20M). Over the past 5 years the exports of Argentina to Philippines have increased at an annualized rate of 14.1%, from $270M in 2017 to $522M in 2022.

In 2022, Argentina did not export any services to Philippines.

Philippines-Argentina Trade: In 2022, Philippines exported $132M to Argentina. The main products that Philippines exported to Argentina were Motor vehicles; parts and accessories (8701 to 8705) ($58.3M), Office Machine Parts ($10.3M), and Insulated Wire ($8.75M). Over the past 5 years the exports of Philippines to Argentina have decreased at an annualized rate of 1.11%,  from $139M in 2017 to $132M in 2022.

In 2022, Philippines did not export any services to Argentina.

Comparison: In 2022,  Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B). That same year, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Argentina exported $522M to Philippines. The main products exported from Argentina to Philippines were Soybean Meal ($411M), Corn ($24.8M), and Soybeans ($20M). During the last 5 years the exports of Argentina to Philippines have increased at an annualized rate of 14.1%, from $270M in 2017 to $522M in 2022.

In 2017, Philippines exported $132M to Argentina. The main products exported from Philippines to Argentina were Motor vehicles; parts and accessories (8701 to 8705) ($58.3M), Office Machine Parts ($10.3M), and Insulated Wire ($8.75M). During the last 5 years the exports of Philippines to Argentina have decreased at an annualized rate of 1.11%, from $139M in 2022 to $132M in 2017.

Exports from Argentina (Flag) to Philippines (Flag) (2022)

Exports from Philippines (Flag) to Argentina (Flag) (2022)

Latest Data

Trade between Argentina (Flag) and Philippines (Flag)

Argentina Exports

Philippines Exports

Market Competitiveness

Color
Argentina
Top DestinationBrazil$12.6B
Philippines
Top DestinationUnited States$15.5B

This map shows whether countries import more from Argentina or Philippines. Each country is colored based on the difference in imports they receive from Argentina and Philippines or the difference in the growth in imports.

In 2022, countries that imported more from Argentina than Philippines included Brazil ($12.6B), Chile ($5.11B), and India ($4.38B).

In 2022, countries that imported more from Philippines than Argentina included Hong Kong ($12.6B), Japan ($11.3B), and United States ($15.5B).

Difference in imports from Philippines (Flag) and Argentina (Flag) (2022)

Comparative Advantage Argentina - Philippines

Flow
Scale

This chart compares trade between Argentina and Philippines by product, considering products traded by both, Argentina and Philippines.

During 2022, Argentina had a large net trade with Philippines in the exports of Foodstuffs ($426M), Vegetable Products ($71M), and Animal Products ($8.3M).

During 2017, Philippines had a large net trade with Argentina in the exports of Transportation ($59.8M), Machines ($41.1M), and Vegetable Products ($7.22M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Argentina Philippines+$7.21kRefined Petroleum
Top Product Potential Philippines Argentina+$6.42kIntegrated Circuits

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Argentina and Philippines. This means that a dot/product with the flag of Argentina indicates it has a comparative advantage over Philippines. Similarly, a dot/product with the flag of Philippines indicates it has a comparative advantage over Argentina.

Product Space of Argentina (Flag) and Philippines (Flag) (2022)

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