Thailand (THA) and Philippines (PHL) Trade | The Observatory of Economic Complexity

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Thailand-Philippines Trade: In 2022, Thailand exported $7.36B to Philippines. The main products that Thailand exported to Philippines were Cars ($879M), Delivery Trucks ($749M), and Integrated Circuits ($670M). Over the past 5 years the exports of Thailand to Philippines have decreased at an annualized rate of 0.2%, from $7.44B in 2017 to $7.36B in 2022.

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

Philippines-Thailand Trade: In 2022, Philippines exported $3.79B to Thailand. The main products that Philippines exported to Thailand were Office Machine Parts ($781M), Integrated Circuits ($731M), and Refined Copper ($457M). Over the past 5 years the exports of Philippines to Thailand have increased at an annualized rate of 1.84%, from $3.46B in 2017 to $3.79B in 2022.

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

Comparison: In 2022, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Thailand exported $7.36B to Philippines. The main products exported from Thailand to Philippines were Cars ($879M), Delivery Trucks ($749M), and Integrated Circuits ($670M). During the last 5 years the exports of Thailand to Philippines have decreased at an annualized rate of 0.2%, from $7.44B in 2017 to $7.36B in 2022.

In 2017, Philippines exported $3.79B to Thailand. The main products exported from Philippines to Thailand were Office Machine Parts ($781M), Integrated Circuits ($731M), and Refined Copper ($457M). During the last 5 years the exports of Philippines to Thailand have increased at an annualized rate of 1.84%, from $3.46B in 2022 to $3.79B in 2017.

Exports from Thailand () to Philippines () (2022)

Exports from Philippines () to Thailand () (2022)

Latest Data

Trade between Thailand () and Philippines ()

Thailand Exports

Date

Philippines Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Thailand
Top DestinationUnited States$53.4B

Philippines
Top DestinationUnited States$15.5B

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

In 2022, countries that imported more from Thailand than Philippines included United States ($53.4B), China ($35.3B), and Japan ($24.6B).

In 2022, countries that imported more from Philippines than Thailand included Hong Kong ($12.6B), Switzerland ($4.1B), and Brunei ($138M).

Difference in imports from Philippines () and Thailand () (2022)

Comparative Advantage Thailand - Philippines

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Thailand had a large net trade with Philippines in the exports of Transportation ($2.05B), Machines ($1.82B), and Plastics and Rubbers ($687M).

During 2017, Philippines had a large net trade with Thailand in the exports of Machines ($2.05B), Metals ($552M), and Transportation ($311M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Thailand () to Philippines () (2022)

Exports from Philippines () to Thailand () (2022)

Latest Data

Trade between Thailand () and Philippines ()

Thailand Exports

Philippines Exports

Market Competitiveness

Difference in imports from Philippines () and Thailand () (2022)

Comparative Advantage Thailand - Philippines

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Thailand () and Philippines () (2022)

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