Greece (GRC) and Philippines (PHL) Trade | The Observatory of Economic Complexity

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Greece-Philippines Trade: In 2022, Greece exported $18.7M to Philippines. The main products that Greece exported to Philippines were Beauty Products ($4.08M), Packaged Medicaments ($3.5M), and Cheese ($1.74M). Over the past 5 years the exports of Greece to Philippines have decreased at an annualized rate of 5.66%, from $25M in 2017 to $18.7M in 2022.

In 2020, Greece exported services to Philippines worth $127M, with Transportation ($126M), Travel ($914k), and Other business services ($457k) being the largest in terms of value.

Philippines-Greece Trade: In 2022, Philippines exported $41.9M to Greece. The main products that Philippines exported to Greece were Coconut Oil ($25.4M), Photocopiers ($3.49M), and Processed Fish ($3.26M). Over the past 5 years the exports of Philippines to Greece have increased at an annualized rate of 37.4%, from $8.57M in 2017 to $41.9M in 2022.

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

Comparison: In 2022, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Greece exported $18.7M to Philippines. The main products exported from Greece to Philippines were Beauty Products ($4.08M), Packaged Medicaments ($3.5M), and Cheese ($1.74M). During the last 5 years the exports of Greece to Philippines have decreased at an annualized rate of 5.66%, from $25M in 2017 to $18.7M in 2022.

In 2017, Philippines exported $41.9M to Greece. The main products exported from Philippines to Greece were Coconut Oil ($25.4M), Photocopiers ($3.49M), and Processed Fish ($3.26M). During the last 5 years the exports of Philippines to Greece have increased at an annualized rate of 37.4%, from $8.57M in 2022 to $41.9M in 2017.

Exports from Greece () to Philippines () (2022)

Exports from Philippines () to Greece () (2022)

Latest Data

Trade between Greece () and Philippines ()

Greece Exports

Date

Philippines Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Greece
Top DestinationItaly$5.82B

Philippines
Top DestinationUnited States$15.5B

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

In 2022, countries that imported more from Greece than Philippines included Italy ($5.82B), Bulgaria ($3.62B), and Cyprus ($2.92B).

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

Difference in imports from Philippines () and Greece () (2022)

Comparative Advantage Greece - Philippines

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Greece had a large net trade with Philippines in the exports of Chemical Products ($9.03M), Foodstuffs ($2.6M), and Animal Products ($1.81M).

During 2017, Philippines had a large net trade with Greece in the exports of Animal and Vegetable Bi-Products ($25.4M), Foodstuffs ($5.51M), and Instruments ($4.31M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Greece Philippines+$3.44MRefined Petroleum

Top Product Potential Philippines Greece+$1.86MTelephones

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Greece () to Philippines () (2022)

Exports from Philippines () to Greece () (2022)

Latest Data

Trade between Greece () and Philippines ()

Greece Exports

Philippines Exports

Market Competitiveness

Difference in imports from Philippines () and Greece () (2022)

Comparative Advantage Greece - Philippines

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Greece () and Philippines () (2022)

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