2022
Flag
 GDP
$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH
54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
GDP PC
$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH
30.9%CURRENT US$
Rnk 61 / 186

About

Eritrea-Philippines Trade: In 2022, Eritrea exported $892 to Philippines. The main products that Eritrea exported to Philippines were Hair Products ($478), Lubricating Products ($263), and Gaskets ($151). Over the past 12 years the exports of Eritrea to Philippines have increased at an annualized rate of 16%, from $150 in 2010 to $892 in 2022.

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

Philippines-Eritrea Trade: In 2022, Philippines exported $40 to Eritrea. The main products that Philippines exported to Eritrea were N/A. Over the past 12 years the exports of Philippines to Eritrea have decreased at an annualized rate of 36%,  from $1.42k in 2010 to $40 in 2022.

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

Comparison In 2022,  Eritrea ranked 163 in total exports ($789M), and does not have data regarding Economic Complexity Index. 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, Eritrea exported $892 to Philippines. The main products exported from Eritrea to Philippines were Hair Products ($478), Lubricating Products ($263), and Gaskets ($151). During the last 12 years the exports of Eritrea to Philippines have increased at an annualized rate of 16%, from $150 in 2010 to $892 in 2022.

In 2014, Philippines exported $40 to Eritrea. There were not main exports from Philippines to Eritrea in 2014. During the last 5 years the exports of Philippines to Eritrea have decreased at an annualized rate of 36%, from $1.42k in 2019 to $40 in 2014.

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

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

Latest Data

Trade between Eritrea (Flag) and Philippines (Flag)

Philippines Exports

Market Competitiveness

Color
Eritrea
Top Destination
China$412M
Philippines
Top Destination
United States$15.5B

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

In 2022, countries that imported more from Eritrea than Philippines included Madagascar ($14.9M) and Croatia ($3.42M).

In 2022, countries that imported more from Philippines than Eritrea included United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

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

Comparative Advantage Eritrea - Philippines

Flow
Scale

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

During 2022, Eritrea had a large net trade with Philippines in the exports of Chemical Products ($741) and Machines ($151).

During 2014, Philippines had a large net trade with Eritrea in the exports of .

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Eritrea and Philippines. This means that a dot/product with the flag of Eritrea indicates it has a comparative advantage over Philippines. Similarly, a dot/product with the flag of Philippines indicates it has a comparative advantage over Eritrea.

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

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