Flag Hong Kong / Philippines Flag

Exports Flag β†’ Flag  (2018): $3.31B, Rnk 13 / 192

Top Product Flag β†’ Flag (2018): $442M, Office Machine Parts

Exports Flag β†’ Flag (2018): $13.9B, Rnk 1 / 194

Top Product Flag β†’ Flag (2018): $8.29B, Integrated Circuits

Economic Complexity of Flag (2018): ECI 0.89, Rnk 32 / 137

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

GDP Flag (2018): $363B, CURRENT US$
Rnk 34 / 196

GDP GROWTH Flag (2008-2018): 65.4%, CURRENT US$
Rnk 62 / 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): $48,676, CURRENT US$
Rnk 17 / 196

GDP PC GROWTH Flag (2008-2018): 54.4%, CURRENT US$
Rnk 40 / 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

Hong Kong-Philippines: In 2018, Hong Kong exported $3.31B to Philippines. The main products exported from Hong Kong to Philippines were Office Machine Parts ($442M), Broadcasting Equipment ($332M), and Integrated Circuits ($296M). During the last 23 years the exports of Hong Kong to Philippines have increased at an annualized rate of 2.22%, from $2B in 1995 to $3.31B in 2018.

Philippines-Hong Kong: In 2018, Philippines exported $13.9B to Hong Kong. The main products exported from Philippines to Hong Kong were Integrated Circuits ($8.29B), Gold ($1.39B), and Office Machine Parts ($792M). During the last 23 years the exports of Philippines to Hong Kong have increased at an annualized rate of 12.9%, from $850M in 1995 to $13.9B in 2018.

Comparison: In 2018, Hong Kong ranked 32 in the Economic Complexity Index (ECI 0.89), and 34 in total exports ($127B). 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, Hong Kong was ranked 17 with a GDP Per Capita of $48,676, 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, Hong Kong exported $3.31B to Philippines. The main products exported from Hong Kong to Philippines were Office Machine Parts ($442M), Broadcasting Equipment ($332M), and Integrated Circuits ($296M). During the last 23 years the exports of Hong Kong to Philippines have increased at an annualized rate of 2.22%, from $2B in 1995 to $3.31B in 2018.

In 2018, Philippines exported $13.9B to Hong Kong. The main products exported from Philippines to Hong Kong were Integrated Circuits ($8.29B), Gold ($1.39B), and Office Machine Parts ($792M). During the last 23 years the exports of Philippines to Hong Kong have increased at an annualized rate of 12.9%, from $850M in 1995 to $13.9B in 2018.

Market Competitiveness

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Measure

Hong Kong
Top Destination
: China, $25.3B

Philippines
Top Destination
: Hong Kong, $13.9B

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

In 2018, countries that imported more from Hong Kong than Philippines were India ($16B), China ($25.3B), and Vietnam ($10.5B).

In 2018, countries that imported more from Philippines than Hong Kong were United States ($13.8B), Japan ($11.2B), and Singapore ($7.92B).

Comparative Advantage Hong Kong - Philippines

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Depth

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

During 2018, Hong Kong had a large net trade with Philippines in the exports of Machines ($2.41B), Transportation ($194M), and Instruments ($139M).

During 2018, Philippines had a large net trade with Hong Kong in the exports of Machines ($12B), Precious Metals ($1.45B), and Instruments ($80.9M).

Trade Forecasts

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This section shows a forecast for total trade between Hong Kong 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

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