Flag China / Philippines Flag

Exports Flag β†’ Flag  (2018): $32.3B, Rnk 22 / 206

Top Product Flag β†’ Flag (2018): $2.33B, Refined Petroleum

Exports Flag β†’ Flag (2018): $13.3B, Rnk 3 / 194

Top Product Flag β†’ Flag (2018): $3.63B, Integrated Circuits

Economic Complexity of Flag (2018): ECI 0.89, Rnk 30 / 137

Economic Complexity of Flag (2018): ECI 0.5, Rnk 46 / 137

GDP Flag (2018): $13.6T, CURRENT US$
Rnk 2 / 196

GDP GROWTH Flag (2008-2018): 196%, CURRENT US$
Rnk 6 / 196

GDP Flag (2018): $331B, CURRENT US$
Rnk 38 / 196

GDP GROWTH Flag (2008-2018): 90%, CURRENT US$
Rnk 38 / 196

GDP PC Flag (2018): $9,771, CURRENT US$
Rnk 78 / 196

GDP PC GROWTH Flag (2008-2018): 182%, CURRENT US$
Rnk 3 / 196

GDP PC Flag (2018): $3,103, CURRENT US$
Rnk 137 / 196

GDP PC GROWTH Flag (2008-2018): 61.9%, CURRENT US$
Rnk 36 / 196

China-Philippines: In 2018, China exported $32.3B to Philippines. The main products exported from China to Philippines were Refined Petroleum ($2.33B), Integrated Circuits ($1.56B), and Broadcasting Equipment ($1.02B). During the last 23 years the exports of China to Philippines have increased at an annualized rate of 16.2%, from $1.03B in 1995 to $32.3B in 2018.

Philippines-China: In 2018, Philippines exported $13.3B to China. The main products exported from Philippines to China were Integrated Circuits ($3.63B), Office Machine Parts ($1.21B), and Computers ($1.18B). During the last 23 years the exports of Philippines to China have increased at an annualized rate of 18.7%, from $259M in 1995 to $13.3B in 2018.

Comparison: In 2018, China ranked 30 in the Economic Complexity Index (ECI 0.89), and 1 in total exports ($2.59T). That same year, Philippines ranked 46 in the Economic Complexity Index (ECI 0.5), and 38 in total exports ($97.8B). In terms of GDP Per Capita, China was ranked 78 with a GDP Per Capita of $9,771, and Philippines was ranked 137 with a GDP Per Capita of $3,103.

Bilateral Trade by Products

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Depth
Value

In 2018, China exported $32.3B to Philippines. The main products exported from China to Philippines were Refined Petroleum ($2.33B), Integrated Circuits ($1.56B), and Broadcasting Equipment ($1.02B). During the last 23 years the exports of China to Philippines have increased at an annualized rate of 16.2%, from $1.03B in 1995 to $32.3B in 2018.

In 2018, Philippines exported $13.3B to China. The main products exported from Philippines to China were Integrated Circuits ($3.63B), Office Machine Parts ($1.21B), and Computers ($1.18B). During the last 23 years the exports of Philippines to China have increased at an annualized rate of 18.7%, from $259M in 1995 to $13.3B in 2018.

Market Competitiveness

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Measure

China
Top Destination
: United States, $499B

Philippines
Top Destination
: Hong Kong, $13.9B

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

In 2018, countries that imported more from China than Philippines were United States ($499B), Hong Kong ($282B), and Japan ($155B).

In 2018, countries that imported more from Philippines than China were Guam ($9.97M), Northern Mariana Islands ($2.55M), and American Samoa ($1.18M).

Comparative Advantage China - Philippines

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Depth

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

During 2018, China had a large net trade with Philippines in the exports of Machines ($9.99B), Metals ($4.86B), and Textiles ($3.3B).

During 2018, Philippines had a large net trade with China in the exports of Machines ($9.24B), Mineral Products ($1.24B), and Metals ($709M).

Tariff Section

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This sections shows import tariffs for products traded between China and Philippines (using the HS6 product classification and the last year reported).

In 2018, the products from China that paid the highest import tariffs to enter Philippines were Maize except seed corn (50%) and Wheat or meslin flour (50%).

In 2018, the products from Philippines that paid the highest import tariffs to enter China were Maize except seed corn (50%) and Rice, husked (brown) (50%).

Explore Tariff Data

*The tariffs present between China and Philippines are:
84: Association of Southeast Asian Nations (ASEAN ) Free Trade Area
125: General duty rate
136: Most Favoured Nation duty rate treatement

Trade Forecasts

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This section shows a forecast for total trade between China and Philippines. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more China has comparative advantage over Philippines. Similarly, the more red a dot/product is, the more Philippines has comparative advantage over China.