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Pricing

2023
Flag → Flag
Exports $1.05BRnk 26 / 215
2023
Flag → Flag
Top Product $186MPig Meat
2023
Flag → Flag
Exports $1.59BRnk 17 / 201
2023
Flag → Flag
Top Product $227MInsulated Wire
2023
Flag
Economic Complexity (ECI) ECI 0.9Rnk 30 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 132
2023
Flag  
GDP$2.14TCURRENT US$
Rnk 10 / 195
2013-2023
Flag
GDP GROWTH16%CURRENT US$
Rnk 150 / 195
2023
Flag
 GDP$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH54%CURRENT US$
Rnk 67 / 195
2023
Flag
GDP PC $53,431CURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP PC GROWTH1.51%CURRENT US$
Rnk 152 / 195
2023
Flag
GDP PC$3,805CURRENT US$
Rnk 133 / 196
2013-2023
Flag
GDP PC GROWTH36.8%CURRENT US$
Rnk 65 / 195

About

Canada-Philippines Trade: In 2023, Canada exported $1.05B to Philippines. The main products that Canada exported to Philippines were Pig Meat ($186M), Wheat ($171M), and Copper Ore ($143M). Over the past 5 years the exports of Canada to Philippines have increased at an annualized rate of 4.45%, from $847M in 2018 to $1.05B in 2023.

In 2020, Canada exported services to Philippines worth $201M, with Travel ($134M), Government services, n.i.e. ($22.4M), and Computer and information services ($16.4M) being the largest in terms of value.

Philippines-Canada Trade: In 2023, Philippines exported $1.59B to Canada. The main products that Philippines exported to Canada were Insulated Wire ($227M), Gold ($185M), and Integrated Circuits ($138M). Over the past 5 years the exports of Philippines to Canada have increased at an annualized rate of 6.34%,  from $1.17B in 2018 to $1.59B in 2023.

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

Comparison: In 2023,  Canada ranked 30 in the Economic Complexity Index (ECI 0.9), and 10 in total exports ($574B). That same year, Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B).

Latest Trends

November, 2024

About

Overview In November 2024, Canada exported C$135M and imported C$154M from Philippines, resulting in a negative trade balance of C$18.9M. Between November 2023 and November 2024 the exports of Canada have increased by C$45.2M (50.5%) from C$89.5M to C$135M, while imports increased by C$11M (7.72%) from C$143M to C$154M.

Trade In November 2024, the top exports of Canada to Philippines were Wheat (C$20.4M), Potassic Fertilizers (C$9.97M), Pig Meat (C$8.11M), Sawn Wood (C$4.86M), and Animal Meal and Pellets (C$2.76M). In November 2024 the top imports of Canada from Philippines were Insulated Wire (C$25.5M), Integrated Circuits (C$12.4M), Vacuum Cleaners (C$12M), Electrical Transformers (C$8.02M), and Rubber Tires (C$6.37M).

Origins In November 2024 the exports of Canada were mainly from British Columbia (C$73.3M), Quebec (C$20M), Ontario (C$11.8M), Saskatchewan (C$11.6M), and Alberta (C$9.22M), while imports destinations were mainly Ontario (C$86M), British Columbia (C$42.6M), Alberta (C$11.5M), Quebec (C$8.81M), and Manitoba (C$3.98M).

Growth In November 2024, the increase in Canada's year-by-year exports to Philippines was explained primarily by an increase in product exports in Wheat (C$5.2M or 34.2%), Animal Meal and Pellets (C$2.68M or 3.65k%), and Whey and other milk products (C$1.07M or 228%). In November 2024, the increase in Canada's year-by-year imports  from Philippines was explained primarily by an increase in product imports  in Insulated Wire (C$13.5M or 112%), Rubber Tires (C$5.09M or 397%), and Vacuum Cleaners (C$4.81M or 67.1%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)C$45.2M(50.5%)
IMPORT GROWTH (November 2023 - November 2024)C$11M(7.72%)
MAIN EXPORTER (November 2024)British ColumbiaC$73.3M

This section shows exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Canada over time.

To check Philippines and Canada trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Philippines and Canada Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Canada exported $1.05B to Philippines. The main products exported from Canada to Philippines were Pig Meat ($186M), Wheat ($171M), and Copper Ore ($143M). During the last 5 years the exports of Canada to Philippines have increased at an annualized rate of 4.45%, from $847M in 2018 to $1.05B in 2023.

In 2018, Philippines exported $1.59B to Canada. The main products exported from Philippines to Canada were Insulated Wire ($227M), Gold ($185M), and Integrated Circuits ($138M). During the last 5 years the exports of Philippines to Canada have increased at an annualized rate of 6.34%, from $1.17B in 2023 to $1.59B in 2018.

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

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

Market Competitiveness

Color
Canada
Top DestinationUnited States$410B
Philippines
Top DestinationChina$19B

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

In 2023, countries that imported more from Canada than Philippines included United States ($410B), United Kingdom ($18B), and China ($31.1B).

In 2023, countries that imported more from Philippines than Canada included Hong Kong ($11.7B), Singapore ($4.81B), and Thailand ($3.13B).

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

Comparative Advantage Canada - Philippines

Flow
Scale

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

During 2023, Canada had a large net trade with Philippines in the exports of Animal Products ($261M), Vegetable Products ($199M), and Mineral Products ($170M).

During 2018, Philippines had a large net trade with Canada in the exports of Machines ($915M), Precious Metals ($185M), and Foodstuffs ($76.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada Philippines+$41.7MCars
Top Product Potential Philippines Canada+$124MIntegrated 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 Canada and Philippines. This means that a dot/product with the flag of Canada indicates it has a comparative advantage over Philippines. Similarly, a dot/product with the flag of Philippines indicates it has a comparative advantage over Canada.

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

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