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2022
Flag → Flag
Exports $187MRnk 59 / 217
2022
Flag → Flag
Top Product $47.8MIntegrated Circuits
2022
Flag → Flag
Exports $189MRnk 31 / 205
2022
Flag → Flag
Top Product $119MIntegrated Circuits
2022
Flag
Economic Complexity (ECI) ECI 1.5Rnk 8 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag  
GDP$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
 GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
GDP PC $52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH7.34%CURRENT US$
Rnk 124 / 186
2022
Flag
GDP PC$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186

About

Austria-Philippines Trade: In 2022, Austria exported $187M to Philippines. The main products that Austria exported to Philippines were Integrated Circuits ($47.8M), Sawn Wood ($15.6M), and Metal Mountings ($9.82M). Over the past 5 years the exports of Austria to Philippines have decreased at an annualized rate of 4.48%, from $235M in 2017 to $187M in 2022.

In 2020, Austria exported services to Philippines worth $10.3M, with Transportation ($3.43M), Other business services ($3.43M), and Travel ($2.28M) being the largest in terms of value.

Philippines-Austria Trade: In 2022, Philippines exported $189M to Austria. The main products that Philippines exported to Austria were Integrated Circuits ($119M), Electric Batteries ($25.9M), and Blank Audio Media ($15.5M). Over the past 5 years the exports of Philippines to Austria have increased at an annualized rate of 0.23%,  from $183M in 2017 to $189M in 2022.

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

Comparison: In 2022,  Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B). 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, Austria exported $187M to Philippines. The main products exported from Austria to Philippines were Integrated Circuits ($47.8M), Sawn Wood ($15.6M), and Metal Mountings ($9.82M). During the last 5 years the exports of Austria to Philippines have decreased at an annualized rate of 4.48%, from $235M in 2017 to $187M in 2022.

In 2017, Philippines exported $189M to Austria. The main products exported from Philippines to Austria were Integrated Circuits ($119M), Electric Batteries ($25.9M), and Blank Audio Media ($15.5M). During the last 5 years the exports of Philippines to Austria have increased at an annualized rate of 0.23%, from $183M in 2022 to $189M in 2017.

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

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

Latest Data

Trade between Austria (Flag) and Philippines (Flag)

Austria Exports

Philippines Exports

Market Competitiveness

Color
Austria
Top DestinationGermany$57.7B
Philippines
Top DestinationUnited States$15.5B

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

In 2022, countries that imported more from Austria than Philippines included Germany ($57.7B), Italy ($13.6B), and Hungary ($10.4B).

In 2022, countries that imported more from Philippines than Austria included Hong Kong ($12.6B), China ($15.3B), and Japan ($11.3B).

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

Comparative Advantage Austria - Philippines

Flow
Scale

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

During 2022, Austria had a large net trade with Philippines in the exports of Machines ($85.9M), Wood Products ($18.2M), and Metals ($18M).

During 2017, Philippines had a large net trade with Austria in the exports of Machines ($178M), Foodstuffs ($2.59M), and Instruments ($2.02M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Austria Philippines+$16.5MIntegrated Circuits
Top Product Potential Philippines Austria+$60.5MIntegrated 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 Austria and Philippines. This means that a dot/product with the flag of Austria indicates it has a comparative advantage over Philippines. Similarly, a dot/product with the flag of Philippines indicates it has a comparative advantage over Austria.

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

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