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2022
Flag → Flag
Exports $1.1BRnk 28 / 215
2022
Flag → Flag
Top Product $248MSawn Wood
2022
Flag → Flag
Exports $1.36BRnk 18 / 205
2022
Flag → Flag
Top Product $205MInsulated Wire
2022
Flag
Economic Complexity (ECI) ECI 0.92Rnk 31 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag  
GDP$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH17%CURRENT US$
Rnk 129 / 186
2022
Flag
 GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
GDP PC $54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH4.36%CURRENT US$
Rnk 130 / 186
2022
Flag
GDP PC$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186

About

Canada-Philippines Trade: In 2022, Canada exported $1.1B to Philippines. The main products that Canada exported to Philippines were Sawn Wood ($248M), Pig Meat ($199M), and Wheat ($120M). Over the past 5 years the exports of Canada to Philippines have increased at an annualized rate of 11.9%, from $627M in 2017 to $1.1B in 2022.

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 2022, Philippines exported $1.36B to Canada. The main products that Philippines exported to Canada were Insulated Wire ($205M), Integrated Circuits ($161M), and Other Domestic Electric Housewares ($88.8M). Over the past 5 years the exports of Philippines to Canada have increased at an annualized rate of 1.48%,  from $1.03B in 2017 to $1.36B in 2022.

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

Comparison: In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B). That same year, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Latest Trends

August, 2024

About

Overview In August 2024, Canada exported C$115M and imported C$134M from Philippines, resulting in a negative trade balance of C$19.3M. Between August 2023 and August 2024 the exports of Canada have increased by C$46.8M (69%) from C$67.9M to C$115M, while imports decreased by C$-62.5M (-31.8%) from C$197M to C$134M.

Trade In August 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 August 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 August 2024 the exports of Canada were mainly from British Columbia (C$67.4M), Quebec (C$22.4M), Ontario (C$8.93M), Alberta (C$7.65M), and Saskatchewan (C$7.22M), while imports destinations were mainly Ontario (C$91.9M), British Columbia (C$24.3M), Quebec (C$9.33M), Alberta (C$5.34M), and Manitoba (C$1.73M).

Growth In August 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$1.07M or 228%). In August 2024, the decrease in Canada's year-by-year imports  from Philippines was explained primarily by an decrease in product imports  in Telephones (C$-5.65M or -53.9%), Integrated Circuits (C$-5.65M or -31.3%), and Knit Sweaters (C$-2.18M or -78.3%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)C$46.8M(69%)
IMPORT GROWTH (August 2023 - August 2024)C$-62.5M(-31.8%)
MAIN EXPORTER (August 2024)British ColumbiaC$67.4M

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 2022, Canada exported $1.1B to Philippines. The main products exported from Canada to Philippines were Sawn Wood ($248M), Pig Meat ($199M), and Wheat ($120M). During the last 5 years the exports of Canada to Philippines have increased at an annualized rate of 11.9%, from $627M in 2017 to $1.1B in 2022.

In 2017, Philippines exported $1.36B to Canada. The main products exported from Philippines to Canada were Insulated Wire ($205M), Integrated Circuits ($161M), and Other Domestic Electric Housewares ($88.8M). During the last 5 years the exports of Philippines to Canada have increased at an annualized rate of 1.48%, from $1.03B in 2022 to $1.36B in 2017.

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

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

Market Competitiveness

Color
Canada
Top DestinationUnited States$438B
Philippines
Top DestinationUnited States$15.5B

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 2022, countries that imported more from Canada than Philippines included United States ($438B), China ($25.4B), and United Kingdom ($12.9B).

In 2022, countries that imported more from Philippines than Canada included Hong Kong ($12.6B), Singapore ($7.07B), and Thailand ($3.79B).

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

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 2022, Canada had a large net trade with Philippines in the exports of Animal Products ($277M), Wood Products ($249M), and Vegetable Products ($160M).

During 2017, Philippines had a large net trade with Canada in the exports of Machines ($873M), Textiles ($95.3M), and Foodstuffs ($88.7M).

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) (2022)

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