2022
Flag  
GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 186
2022
Flag
 GDP
$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH
54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
GDP PC 
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 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

Estonia-Philippines Trade: In 2022, Estonia exported $9.61M to Philippines. The main products that Estonia exported to Philippines were Sawn Wood ($4.83M), Video Displays ($867k), and Unsaturated Acyclic Monocarboxylic Acids ($553k). Over the past 5 years the exports of Estonia to Philippines have increased at an annualized rate of 41.6%, from $1.69M in 2017 to $9.61M in 2022.

In 2020, Estonia exported services to Philippines worth $685k, with Travel ($228k), Computer and information services ($228k), and Transportation ($114k) being the largest in terms of value.

Philippines-Estonia Trade: In 2022, Philippines exported $31.7M to Estonia. The main products that Philippines exported to Estonia were Integrated Circuits ($14.3M), Coconut Oil ($6.7M), and Electrical Transformers ($3.72M). Over the past 5 years the exports of Philippines to Estonia have increased at an annualized rate of 13.3%,  from $17M in 2017 to $31.7M in 2022.

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

Comparison In 2022,  Estonia ranked 74 in total exports ($23.1B), 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, Estonia exported $9.61M to Philippines. The main products exported from Estonia to Philippines were Sawn Wood ($4.83M), Video Displays ($867k), and Unsaturated Acyclic Monocarboxylic Acids ($553k). During the last 5 years the exports of Estonia to Philippines have increased at an annualized rate of 41.6%, from $1.69M in 2017 to $9.61M in 2022.

In 2017, Philippines exported $31.7M to Estonia. The main products exported from Philippines to Estonia were Integrated Circuits ($14.3M), Coconut Oil ($6.7M), and Electrical Transformers ($3.72M). During the last 5 years the exports of Philippines to Estonia have increased at an annualized rate of 13.3%, from $17M in 2022 to $31.7M in 2017.

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

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

Latest Data

Trade between Estonia (Flag) and Philippines (Flag)

Estonia Exports

Philippines Exports

Market Competitiveness

Color
Estonia
Top Destination
Finland$3B
Philippines
Top Destination
United States$15.5B

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

In 2022, countries that imported more from Estonia than Philippines included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

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

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

Comparative Advantage Estonia - Philippines

Flow
Scale

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

During 2022, Estonia had a large net trade with Philippines in the exports of Wood Products ($5.03M), Machines ($2.49M), and Chemical Products ($669k).

During 2017, Philippines had a large net trade with Estonia in the exports of Machines ($22.7M), Animal and Vegetable Bi-Products ($6.71M), and Chemical Products ($539k).

Economic Complexity

Competitive Landscape

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

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

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