2022
Flag  
GDP
$404BCURRENT US$
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2012-2022
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GDP GROWTH
54.4%CURRENT US$
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2022
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 GDP
$25.5TCURRENT US$
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2012-2022
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GDP GROWTH
56.7%CURRENT US$
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2022
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GDP PC 
$3,499CURRENT US$
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2012-2022
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GDP PC GROWTH
30.9%CURRENT US$
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2022
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GDP PC
$76,399CURRENT US$
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2012-2022
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GDP PC GROWTH
47.5%CURRENT US$
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About

Philippines-United States In 2022, Philippines exported $15.5B to United States. The main products that Philippines exported to United States are Office Machine Parts ($2.59B), Integrated Circuits ($1.87B), and Insulated Wire ($950M). During the last 27 years the exports of Philippines to United States have increased at an annualized rate of 2.83%, from $7.29B in 1995 to $15.5B in 2022.

In 2022, Philippines did not export any services to United States.

United States-Philippines In 2022, United States exported $8.38B to Philippines. The main products that United States exported to Philippines were Integrated Circuits ($1.43B), Wheat ($950M), and Concentrated Milk ($413M). During the last 27 years the exports of United States to Philippines have increased at an annualized rate of 1.8%, from $5.17B in 1995 to $8.38B in 2022.

In 2017, United States exported services to Philippines worth $3.27B, with Travel ($1.1B), Financial services ($509M), and Transportation ($445M) being the largest in terms of value.

Comparison In 2022,  Philippines ranked 38 in the Economic Complexity Index (ECI 0.63), and 40 in total exports ($110B). That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.41), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $15.5B to United States. The main products exported from Philippines to United States were Office Machine Parts ($2.59B), Integrated Circuits ($1.87B), and Insulated Wire ($950M). During the last 27 years the exports of Philippines to United States have increased at an annualized rate of 2.83%, from $7.29B in 1995 to $15.5B in 2022.

In 2022, United States exported $8.38B to Philippines. The main products exported from United States to Philippines were Integrated Circuits ($1.43B), Wheat ($950M), and Concentrated Milk ($413M). During the last 27 years the exports of United States to Philippines have increased at an annualized rate of 1.8%, from $5.17B in 1995 to $8.38B in 2022.

Exports from Philippines (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Philippines (Flag) (2022)

Market Competitiveness

Color
Philippines
Top Destination
United States$15.5B
United States
Top Destination
Canada$308B

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

In 2021, countries that imported more from Philippines than United States were Guam ($16.8M), Norfolk Island ($5.29M), and Northern Mariana Islands ($3.85M).

In 2021, countries that imported more from United States than Philippines were Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Philippines (Flag) (2022)

Comparative Advantage Philippines - United States

Flow
Scale

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

During 2022, Philippines had a large net trade with United States in the exports of Machines ($10.1B), Foodstuffs ($755M), and Textiles ($713M).

During 2022, United States had a large net trade with Philippines in the exports of Machines ($2.97B), Foodstuffs ($1.26B), and Vegetable Products ($1.12B).

Service Trade

Bilateral Service Trade

In 2017, United States exported services to Philippines worth $3.27B, with Travel ($1.1B), Financial services ($509M), and Transportation ($445M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United States (Flag) to Philippines (Flag) (2017)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Philippines has comparative advantage over United States. Similarly, the more yellow a dot/product is, the more United States has comparative advantage over Philippines.

Product Space of Philippines (Flag) and United States (Flag) (2022)

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