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Pricing

2023
Flag → Flag
Exports $2.17BRnk 58 / 220
2023
Flag → Flag
Top Product $315MIntegrated Circuits
2023
Flag → Flag
Exports $4.91BRnk 5 / 201
2023
Flag → Flag
Top Product $2BIntegrated Circuits
2023
Flag
Economic Complexity (ECI) ECI 1.79Rnk 5 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 132
2023
Flag  
GDP$4.53TCURRENT US$
Rnk 3 / 195
2013-2023
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GDP GROWTH18.8%CURRENT US$
Rnk 144 / 195
2023
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 GDP$437BCURRENT US$
Rnk 33 / 195
2013-2023
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GDP GROWTH54%CURRENT US$
Rnk 67 / 195
2023
Flag
GDP PC $54,343CURRENT US$
Rnk 21 / 195
2013-2023
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GDP PC GROWTH15.1%CURRENT US$
Rnk 118 / 195
2023
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GDP PC$3,805CURRENT US$
Rnk 133 / 196
2013-2023
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GDP PC GROWTH36.8%CURRENT US$
Rnk 65 / 195

About

Germany-Philippines Trade: In 2023, Germany exported $2.17B to Philippines. The main products that Germany exported to Philippines were Integrated Circuits ($315M), Packaged Medicaments ($194M), and Planes, Helicopters, and/or Spacecraft ($116M). Over the past 5 years the exports of Germany to Philippines have decreased at an annualized rate of 3.7%, from $2.62B in 2018 to $2.17B in 2023.

In 2020, Germany exported services to Philippines worth $211M, with Other business services ($86.8M), Transportation ($66.3M), and Computer and information services ($54.8M) being the largest in terms of value.

Philippines-Germany Trade: In 2023, Philippines exported $4.91B to Germany. The main products that Philippines exported to Germany were Integrated Circuits ($2B), Office Machine Parts ($708M), and Electric Heaters ($270M). Over the past 5 years the exports of Philippines to Germany have decreased at an annualized rate of 1.4%,  from $5.27B in 2018 to $4.91B in 2023.

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

Comparison: In 2023,  Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T). 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, Germany exported €135M and imported €420M from Philippines, resulting in a negative trade balance of €286M. Between November 2023 and November 2024 the exports of Germany have decreased by €-17.5M (-11.5%) from €152M to €135M, while imports increased by €29.9M (7.67%) from €391M to €420M.

Trade In November 2024, the top exports of Germany to Philippines were Electronic devices (€37.7M), Pharmaceutical products (€24.7M), Machinery for electricity production, distribution (€9.9M), Other machinery (€9.41M), and Motor cars and motor caravans (€6.84M). In November 2024 the top imports of Germany from Philippines were Electronic devices (€216M), Returned goods (€133M), Office and automatic data processing machines (€66.4M), Machinery for electricity production, distribution (€25.1M), and Other electric machinery, apparatus and appliances (€25M).

Origins In November 2024 the exports of Germany were mainly from Baden-Württemberg (€30.5M), Bavaria (€22M), North Rhine-Westphalia (€10.5M), Saxony (€9.69M), and Hesse (€6.31M), while imports destinations were mainly North Rhine-Westphalia (€149M), Bavaria (€78.3M), Baden-Württemberg (€54.3M), and Hesse (€40.9M).

Growth In November 2024, the decrease in Germany's year-by-year exports to Philippines was explained primarily by an decrease in product exports in Sawn timber (€-4.39M or -90.8%), Aircraft (€-2.72M or -43.8%), and Unmanufactured tobacco and tobacco products (€-984k or -54.6%). In November 2024, the increase in Germany's year-by-year imports  from Philippines was explained primarily by an increase in product imports  in Returned goods (€133M or 37.5k%), Electronic devices (€83.3M or 62.9%), and Machinery for electricity production, distribution (€8.3M or 49.3%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)€-17.5M(-11.5%)
IMPORT GROWTH (November 2023 - November 2024)€29.9M(7.67%)
MAIN EXPORTER (November 2024)Baden-Württemberg€30.5M

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

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

For full datasets download visit Bulk Download page.

Explore Philippines and Germany Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Germany exported $2.17B to Philippines. The main products exported from Germany to Philippines were Integrated Circuits ($315M), Packaged Medicaments ($194M), and Planes, Helicopters, and/or Spacecraft ($116M). During the last 5 years the exports of Germany to Philippines have decreased at an annualized rate of 3.7%, from $2.62B in 2018 to $2.17B in 2023.

In 2018, Philippines exported $4.91B to Germany. The main products exported from Philippines to Germany were Integrated Circuits ($2B), Office Machine Parts ($708M), and Electric Heaters ($270M). During the last 5 years the exports of Philippines to Germany have decreased at an annualized rate of 1.4%, from $5.27B in 2023 to $4.91B in 2018.

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

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

Market Competitiveness

Color
Germany
Top DestinationUnited States$157B
Philippines
Top DestinationChina$19B

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

In 2023, countries that imported more from Germany than Philippines included United States ($157B), France ($118B), and Netherlands ($108B).

In 2023, countries that imported more from Philippines than Germany included Hong Kong ($11.7B), Guam ($22.7M), and Brunei ($69.5M).

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

Comparative Advantage Germany - Philippines

Flow
Scale

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

During 2023, Germany had a large net trade with Philippines in the exports of Machines ($991M), Chemical Products ($367M), and Transportation ($246M).

During 2018, Philippines had a large net trade with Germany in the exports of Machines ($4.21B), Instruments ($155M), and Chemical Products ($108M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Philippines+$116MCars
Top Product Potential Philippines Germany+$505MIntegrated 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 Germany and Philippines. This means that a dot/product with the flag of Germany indicates it has a comparative advantage over Philippines. Similarly, a dot/product with the flag of Philippines indicates it has a comparative advantage over Germany.

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

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