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2023
Flag → Flag
Exports $4BRnk 17 / 211
2023
Flag → Flag
Top Product $1.84BCopper Ore
2023
Flag → Flag
Exports $756MRnk 21 / 201
2023
Flag → Flag
Top Product $125MGold
2023
Flag
Economic Complexity (ECI) ECI -0.28Rnk 75 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 132
2023
Flag  
GDP$1.73TCURRENT US$
Rnk 13 / 195
2013-2023
Flag
GDP GROWTH9.57%CURRENT US$
Rnk 156 / 195
2023
Flag
 GDP$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH54%CURRENT US$
Rnk 67 / 195
2023
Flag
GDP PC $64,821CURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP PC GROWTH-4.94%CURRENT US$
Rnk 159 / 195
2023
Flag
GDP PC$3,805CURRENT US$
Rnk 133 / 196
2013-2023
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GDP PC GROWTH36.8%CURRENT US$
Rnk 65 / 195

About

Australia-Philippines Trade: In 2023, Australia exported $4B to Philippines. The main products that Australia exported to Philippines were Copper Ore ($1.84B), Wheat ($937M), and Precious Metal Ore ($102M). Over the past 5 years the exports of Australia to Philippines have increased at an annualized rate of 16.3%, from $1.88B in 2018 to $4B in 2023.

In 2009, Australia exported services to Philippines worth $263M, with Travel ($197M), Other business services ($48.3M), and Transportation ($7.92M) being the largest in terms of value.

Philippines-Australia Trade: In 2023, Philippines exported $756M to Australia. The main products that Philippines exported to Australia were Gold ($125M), Office Machine Parts ($53.8M), and Raw Copper ($47.8M). Over the past 5 years the exports of Philippines to Australia have increased at an annualized rate of 2.91%,  from $637M in 2018 to $756M in 2023.

In 2023, Philippines did not export any services to Australia.

Comparison: In 2023,  Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B). That same year, Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Australia exported $4B to Philippines. The main products exported from Australia to Philippines were Copper Ore ($1.84B), Wheat ($937M), and Precious Metal Ore ($102M). During the last 5 years the exports of Australia to Philippines have increased at an annualized rate of 16.3%, from $1.88B in 2018 to $4B in 2023.

In 2018, Philippines exported $756M to Australia. The main products exported from Philippines to Australia were Gold ($125M), Office Machine Parts ($53.8M), and Raw Copper ($47.8M). During the last 5 years the exports of Philippines to Australia have increased at an annualized rate of 2.91%, from $637M in 2023 to $756M in 2018.

Exports from Australia (Flag) to Philippines (Flag) (2023)

Exports from Philippines (Flag) to Australia (Flag) (2023)

Latest Data

Trade between Australia (Flag) and Philippines (Flag)

Australia Exports

Philippines Exports

Market Competitiveness

Color
Australia
Top DestinationChina$137B
Philippines
Top DestinationChina$19B

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

In 2023, countries that imported more from Australia than Philippines included China ($137B), Japan ($59B), and India ($19.9B).

In 2023, countries that imported more from Philippines than Australia included Hong Kong ($11.7B), Mexico ($3.02B), and Czechia ($529M).

Difference in imports from Philippines (Flag) and Australia (Flag) (2023)

Comparative Advantage Australia - Philippines

Flow
Scale

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

During 2023, Australia had a large net trade with Philippines in the exports of Mineral Products ($2.08B), Vegetable Products ($1.17B), and Animal Products ($218M).

During 2018, Philippines had a large net trade with Australia in the exports of Machines ($267M), Precious Metals ($126M), and Chemical Products ($78.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Australia Philippines+$111MCoal Briquettes
Top Product Potential Philippines Australia+$52.9MGold

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 Australia and Philippines. This means that a dot/product with the flag of Australia indicates it has a comparative advantage over Philippines. Similarly, a dot/product with the flag of Philippines indicates it has a comparative advantage over Australia.

Product Space of Australia (Flag) and Philippines (Flag) (2023)

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