Flag United Kingdom / Philippines Flag

Exports Flag β†’ Flag  (2018): $780M, Rnk 56 / 217

Top Product Flag β†’ Flag (2018): $86.6M, Semiconductor Devices

Exports Flag β†’ Flag (2018): $837M, Rnk 17 / 194

Top Product Flag β†’ Flag (2018): $80.7M, Integrated Circuits

Economic Complexity of Flag (2018): ECI 1.49, Rnk 13 / 137

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

GDP Flag (2018): $2.86T, CURRENT US$
Rnk 5 / 196

GDP GROWTH Flag (2008-2018): -2.31%, CURRENT US$
Rnk 171 / 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): $42,944, CURRENT US$
Rnk 22 / 196

GDP PC GROWTH Flag (2008-2018): -9.18%, CURRENT US$
Rnk 168 / 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

United Kingdom-Philippines: In 2018, United Kingdom exported $780M to Philippines. The main products exported from United Kingdom to Philippines were Semiconductor Devices ($86.6M), Aircraft Parts ($55.1M), and Gas Turbines ($54.1M). During the last 23 years the exports of United Kingdom to Philippines have increased at an annualized rate of 0.74%, from $659M in 1995 to $780M in 2018. In 2016, United Kingdom exported services to Philippines worth $52.7M, with Travel ($36.4M), Transportation ($10.8M), and Government services, n.i.e. ($5.42M) being the largest in terms of value.

Philippines-United Kingdom: In 2018, Philippines exported $837M to United Kingdom. The main products exported from Philippines to United Kingdom were Integrated Circuits ($80.7M), Processed Fish ($71.5M), and Ink ($50.6M). During the last 23 years the exports of Philippines to United Kingdom have increased at an annualized rate of 1.89%, from $544M in 1995 to $837M in 2018.

Comparison: In 2018, United Kingdom ranked 13 in the Economic Complexity Index (ECI 1.49), and 9 in total exports ($464B). 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, United Kingdom was ranked 22 with a GDP Per Capita of $42,944, 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, United Kingdom exported $780M to Philippines. The main products exported from United Kingdom to Philippines were Semiconductor Devices ($86.6M), Aircraft Parts ($55.1M), and Gas Turbines ($54.1M). During the last 23 years the exports of United Kingdom to Philippines have increased at an annualized rate of 0.74%, from $659M in 1995 to $780M in 2018.

In 2018, Philippines exported $837M to United Kingdom. The main products exported from Philippines to United Kingdom were Integrated Circuits ($80.7M), Processed Fish ($71.5M), and Ink ($50.6M). During the last 23 years the exports of Philippines to United Kingdom have increased at an annualized rate of 1.89%, from $544M in 1995 to $837M in 2018.

Market Competitiveness

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Measure

United Kingdom
Top Destination
: United States, $61.9B

Philippines
Top Destination
: Hong Kong, $13.9B

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

In 2018, countries that imported more from United Kingdom than Philippines were United States ($61.9B), Germany ($45.5B), and Netherlands ($33.3B).

In 2018, countries that imported more from Philippines than United Kingdom were Hong Kong ($13.9B), Japan ($11.2B), and Chinese Taipei ($3.44B).

Comparative Advantage United Kingdom - Philippines

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Depth

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

During 2018, United Kingdom had a large net trade with Philippines in the exports of Machines ($335M), Chemical Products ($129M), and Transportation ($90.5M).

During 2018, Philippines had a large net trade with United Kingdom in the exports of Machines ($377M), Foodstuffs ($115M), and Chemical Products ($54.8M).

Trade Forecasts

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This section shows a forecast for total trade between United Kingdom 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

Bilateral Service Trade

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In 2016, United Kingdom exported services to Philippines worth $52.7M, with Travel ($36.4M), Transportation ($10.8M), and Government services, n.i.e. ($5.42M) being the largest in terms of value.

Service trade data is presented based on availability.

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 United Kingdom has comparative advantage over Philippines. Similarly, the more red a dot/product is, the more Philippines has comparative advantage over United Kingdom.