2022
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GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
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GDP GROWTH
37%CURRENT US$
Rnk 89 / 186
2022
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 GDP
$404BCURRENT US$
Rnk 38 / 186
2012-2022
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GDP GROWTH
54.4%CURRENT US$
Rnk 51 / 186
2022
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GDP PC 
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186
2022
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GDP PC
$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH
30.9%CURRENT US$
Rnk 61 / 186

About

Hong Kong-Philippines In 2022, Hong Kong exported $3.28B to Philippines. The main products that Hong Kong exported to Philippines are Integrated Circuits ($688M), Office Machine Parts ($616M), and Special Purpose Ships ($195M). During the last 27 years the exports of Hong Kong to Philippines have increased at an annualized rate of 1.86%, from $2B in 1995 to $3.28B in 2022.

In 2022, Hong Kong did not export any services to Philippines.

Philippines-Hong Kong In 2022, Philippines exported $12.6B to Hong Kong. The main products that Philippines exported to Hong Kong were Integrated Circuits ($8.48B), Office Machine Parts ($894M), and Precious Metal Scraps ($654M). During the last 27 years the exports of Philippines to Hong Kong have increased at an annualized rate of 10.5%, from $847M in 1995 to $12.6B in 2022.

In 2022, Philippines did not export any services to Hong Kong.

Comparison In 2022,  Hong Kong ranked 26 in the Economic Complexity Index (ECI 0.99), and 39 in total exports ($113B). That same year, Philippines ranked 38 in the Economic Complexity Index (ECI 0.63), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Hong Kong exported $3.28B to Philippines. The main products exported from Hong Kong to Philippines were Integrated Circuits ($688M), Office Machine Parts ($616M), and Special Purpose Ships ($195M). During the last 27 years the exports of Hong Kong to Philippines have increased at an annualized rate of 1.86%, from $2B in 1995 to $3.28B in 2022.

In 2022, Philippines exported $12.6B to Hong Kong. The main products exported from Philippines to Hong Kong were Integrated Circuits ($8.48B), Office Machine Parts ($894M), and Precious Metal Scraps ($654M). During the last 27 years the exports of Philippines to Hong Kong have increased at an annualized rate of 10.5%, from $847M in 1995 to $12.6B in 2022.

Exports from Hong Kong (Flag) to Philippines (Flag) (2022)

Exports from Philippines (Flag) to Hong Kong (Flag) (2022)

Latest Data

Trade between Hong Kong (Flag) and Philippines (Flag)

Hong Kong Exports

Philippines Exports

Market Competitiveness

Color
Hong Kong
Top Destination
China$23.4B
Philippines
Top Destination
United States$15.5B

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 2021, countries that imported more from Hong Kong than Philippines were India ($14.3B), China ($23.4B), and Netherlands ($6.56B).

In 2021, countries that imported more from Philippines than Hong Kong were United States ($15.5B), Japan ($11.3B), and Singapore ($7.07B).

Difference in imports from Philippines (Flag) and Hong Kong (Flag) (2022)

Comparative Advantage Hong Kong - Philippines

Flow
Scale

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

During 2022, Hong Kong had a large net trade with Philippines in the exports of Machines ($2.49B), Transportation ($243M), and Instruments ($168M).

During 2022, Philippines had a large net trade with Hong Kong in the exports of Machines ($11.1B), Precious Metals ($1.14B), and Instruments ($77.9M).

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

Product Space of Hong Kong (Flag) and Philippines (Flag) (2022)

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