2022
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GDP
$1.11TCURRENT US$
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2012-2022
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GDP GROWTH
49.4%CURRENT US$
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2022
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 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 PC 
$30,436CURRENT US$
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2012-2022
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GDP PC GROWTH
26.5%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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About

Saudi Arabia-Philippines In 2022, Saudi Arabia exported $2.37B to Philippines. The main products that Saudi Arabia exported to Philippines are Crude Petroleum ($1.63B), Refined Petroleum ($470M), and Petroleum Gas ($145M). During the last 27 years the exports of Saudi Arabia to Philippines have increased at an annualized rate of 13.9%, from $70.1M in 1995 to $2.37B in 2022.

In 2022, Saudi Arabia did not export any services to Philippines.

Philippines-Saudi Arabia In 2022, Philippines exported $73M to Saudi Arabia. The main products that Philippines exported to Saudi Arabia were Bananas ($22.9M), Baked Goods ($6.08M), and Sauces and Seasonings ($5.96M). During the last 27 years the exports of Philippines to Saudi Arabia have decreased at an annualized rate of 0.56%, from $84.8M in 1995 to $73M in 2022.

In 2022, Philippines did not export any services to Saudi Arabia.

Comparison In 2022,  Saudi Arabia ranked 34 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). That same year, Philippines ranked 38 in the Economic Complexity Index (ECI 0.63), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Saudi Arabia exported $2.37B to Philippines. The main products exported from Saudi Arabia to Philippines were Crude Petroleum ($1.63B), Refined Petroleum ($470M), and Petroleum Gas ($145M). During the last 27 years the exports of Saudi Arabia to Philippines have increased at an annualized rate of 13.9%, from $70.1M in 1995 to $2.37B in 2022.

In 2022, Philippines exported $73M to Saudi Arabia. The main products exported from Philippines to Saudi Arabia were Bananas ($22.9M), Baked Goods ($6.08M), and Sauces and Seasonings ($5.96M). During the last 27 years the exports of Philippines to Saudi Arabia have decreased at an annualized rate of 0.56%, from $84.8M in 1995 to $73M in 2022.

Exports from Saudi Arabia (Flag) to Philippines (Flag) (2022)

Exports from Philippines (Flag) to Saudi Arabia (Flag) (2022)

Latest Data

Trade between Saudi Arabia (Flag) and Philippines (Flag)

Saudi Arabia Exports

Philippines Exports

Market Competitiveness

Color
Saudi Arabia
Top Destination
China$68B
Philippines
Top Destination
United States$15.5B

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

In 2021, countries that imported more from Saudi Arabia than Philippines were China ($68B), India ($46.2B), and South Korea ($36B).

In 2021, countries that imported more from Philippines than Saudi Arabia were Hong Kong ($12.6B), Switzerland ($4.1B), and Mexico ($2.69B).

Difference in imports from Philippines (Flag) and Saudi Arabia (Flag) (2022)

Comparative Advantage Saudi Arabia - Philippines

Flow
Scale

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

During 2022, Saudi Arabia had a large net trade with Philippines in the exports of Mineral Products ($2.26B), Plastics and Rubbers ($71M), and Chemical Products ($40M).

During 2022, Philippines had a large net trade with Saudi Arabia in the exports of Vegetable Products ($28.6M), Foodstuffs ($25.7M), and Machines ($4.12M).

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 Saudi Arabia has comparative advantage over Philippines. Similarly, the more yellow a dot/product is, the more Philippines has comparative advantage over Saudi Arabia.

Product Space of Saudi Arabia (Flag) and Philippines (Flag) (2022)

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