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Pricing

2022
Flag → Flag
Exports $789MRnk 54 / 224
2022
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Top Product $229MSemiconductor Devices
2022
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Exports $4.52BRnk 7 / 205
2022
Flag → Flag
Top Product $3.42BGold
2022
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Economic Complexity (ECI) ECI 1.38Rnk 12 / 124
2022
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Economic Complexity (ECI) ECI 0.63Rnk 38 / 124
2022
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GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
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GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
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 GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
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GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
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GDP PC $45,850CURRENT US$
Rnk 23 / 186
2012-2022
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GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186
2022
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GDP PC$3,499CURRENT US$
Rnk 129 / 186
2012-2022
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GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186

About

United Kingdom-Philippines In 2022, United Kingdom exported $789M to Philippines. The main products that United Kingdom exported to Philippines are Semiconductor Devices ($229M), Gas Turbines ($43.5M), and Packaged Medicaments ($37.3M). During the last 27 years the exports of United Kingdom to Philippines have increased at an annualized rate of 0.67%, from $659M in 1995 to $789M in 2022.

In 2019, United Kingdom exported services to Philippines worth $386M, with Other business services ($163M), Travel ($105M), and Royalties and license fees ($44.7M) being the largest in terms of value.

Philippines-United Kingdom In 2022, Philippines exported $4.52B to United Kingdom. The main products that Philippines exported to United Kingdom were Gold ($3.42B), Office Machine Parts ($163M), and Integrated Circuits ($157M). During the last 27 years the exports of Philippines to United Kingdom have increased at an annualized rate of 8.17%, from $542M in 1995 to $4.52B in 2022.

In 2022, Philippines did not export any services to United Kingdom.

Comparison In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.38), and 14 in total exports ($469B). That same year, Philippines ranked 38 in the Economic Complexity Index (ECI 0.63), and 40 in total exports ($110B).

Latest Trends

January, 2024

About

Overview In January 2024, United Kingdom exported £40.2M and imported £40.5M from Philippines, resulting in a negative trade balance of £338k. Between January 2023 and January 2024 the exports of United Kingdom have decreased by £-6.22M (-13.4%) from £46.4M to £40.2M, while imports decreased by £-1.71M (-4.06%) from £42.2M to £40.5M.

Trade In January 2024, the top exports of United Kingdom to Philippines were Semiconductor Devices (£17.9M), Packaged Medicaments (£3.1M), Edible Offal (£1.64M), Pig Meat (£1.42M), and Hard Liquor (£1.22M). In January 2024 the top imports of United Kingdom from Philippines were Integrated Circuits (£7.87M), Video Displays (£4.52M), Processed Fish (£3.53M), Other Footwear (£1.91M), and Vacuum Cleaners (£1.7M).

Origins In January 2024 the exports of United Kingdom were mainly from London Heathrow Airport (£10.1M), East Midlands Airport (£10.1M), Felixstowe (£7.65M), Southampton (£5.27M), and Manchester Airport (£785k), while imports destinations were mainly London Heathrow Airport (£11M), Southampton (£10.6M), Felixstowe (£6.19M), East Midlands Airport (£3.78M), and London Stansted Airport (£2.76M).

Growth In January 2024, the decrease in United Kingdom's year-by-year exports to Philippines was explained primarily by an decrease in product exports in Delivery Trucks (£-4.56M or -79.2%), Metal Mountings (£-539k or -99.1%), and Washing and Bottling Machines (£-497k or -98.9%). In January 2024, the decrease in United Kingdom's year-by-year imports  from Philippines was explained primarily by an decrease in product imports  in Office Machine Parts (£-13.8M or -94.6%), Ink (£-1.69M or -80.9%), and Coconuts, Brazil Nuts, and Cashews (£-1.24M or -89.5%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)£-6.22M(-13.4%)
IMPORT GROWTH (January 2023 - January 2024)£-1.71M(-4.06%)
MAIN EXPORTER (January 2024)London Heathrow Airport£10.1M

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

To check Philippines and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Philippines and United Kingdom Data

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Historical Data

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$61.8B
Philippines
Top DestinationUnited States$15.5B

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 2021, countries that imported more from United Kingdom than Philippines were United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

In 2021, countries that imported more from Philippines than United Kingdom were Japan ($11.3B), Hong Kong ($12.6B), and Thailand ($3.79B).

Difference in imports from Philippines (Flag) and United Kingdom (Flag) (2022)

Service Trade

Bilateral Service Trade

In 2019, United Kingdom exported services to Philippines worth $386M, with Other business services ($163M), Travel ($105M), and Royalties and license fees ($44.7M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United Kingdom (Flag) to Philippines (Flag) (2019)

Economic Complexity

Competitive Landscape

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

Product Space of United Kingdom (Flag) and Philippines (Flag) (NaN)

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