Flag India / Philippines Flag

Exports Flag β†’ Flag  (2018): $1.83B, Rnk 40 / 211

Top Product Flag β†’ Flag (2018): $176M, Packaged Medicaments

Exports Flag β†’ Flag (2018): $746M, Rnk 18 / 194

Top Product Flag β†’ Flag (2018): $121M, Computers

Economic Complexity of Flag (2018): ECI 0.57, Rnk 45 / 137

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

GDP Flag (2018): $2.72T, CURRENT US$
Rnk 7 / 196

GDP GROWTH Flag (2008-2018): 127%, CURRENT US$
Rnk 20 / 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): $2,010, CURRENT US$
Rnk 152 / 196

GDP PC GROWTH Flag (2008-2018): 101%, CURRENT US$
Rnk 16 / 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

India-Philippines: In 2018, India exported $1.83B to Philippines. The main products that India exported to Philippines are Packaged Medicaments ($176M), Refined Petroleum ($162M), and Motorcycles ($152M). During the last 23 years the exports of India to Philippines have increased at an annualized rate of 11.7%, from $143M in 1995 to $1.83B in 2018.

In 2018, India did not exported services to Philippines.

Philippines-India: In 2018, Philippines exported $746M to India . The main products that Philippines exported to India were Computers ($121M), Office Machine Parts ($92.5M), and Gold ($74.2M). During the last 23 years the exports of India to Philippines have increased at an annualized rate of 11.7%, from $143M in 1995 to $1.83B in 2018.

In 2018, Philippines did not exported services to India.

Comparison: In 2018,  India ranked 45 in the Economic Complexity Index (ECI 0.57), and 16 in total exports ($326B). That same year, Philippines ranked 46 in the Economic Complexity Index (ECI 0.5), and 38 in total exports ($97.8B).

Bilateral Trade by Products

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Depth
Value

In 2018, India exported $1.83B to Philippines. The main products exported from India to Philippines were Packaged Medicaments ($176M), Refined Petroleum ($162M), and Motorcycles ($152M). During the last 23 years the exports of India to Philippines have increased at an annualized rate of 11.7%, from $143M in 1995 to $1.83B in 2018.

In 2018, Philippines exported $746M to India. The main products exported from Philippines to India were Computers ($121M), Office Machine Parts ($92.5M), and Gold ($74.2M). During the last 23 years the exports of Philippines to India have increased at an annualized rate of 17%, from $20.2M in 1995 to $746M in 2018.

Market Competitiveness

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Measure

India
Top Destination
: United States, $52B

Philippines
Top Destination
: Hong Kong, $13.9B

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

In 2018, countries that imported more from India than Philippines were United States ($52B), United Arab Emirates ($27.1B), and United Kingdom ($9.61B).

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

Comparative Advantage India - Philippines

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Depth

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

During 2018, India had a large net trade with Philippines in the exports of Chemical Products ($376M), Transportation ($305M), and Metals ($193M).

During 2018, Philippines had a large net trade with India in the exports of Machines ($377M), Precious Metals ($74.6M), and Metals ($65.1M).

Tariff Section

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This section shows import tariffs for products traded between India and Philippines (using the HS6 product classification and the last year reported).

In 2018, the products from India that paid the highest import tariffs to enter Philippines were Food preparations nes (150%) and Grape wines, sparkling (150%).

In 2018, the products from Philippines that paid the highest import tariffs to enter India were Sugars: cane sugar, raw, in solid form, as specified in Subheading Note 2 to this chapter, not containing added flavouring or colouring matter (65%) and Sugars: cane sugar, raw, in solid form, other than as specified in Subheading Note 2 to this chapter, not containing added flavouring or colouring matter (65%).

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*The tariffs present between India and Philippines are:
59: ASEAN India Free Trade Area (ASEAN) Association of Southeast Asian Nations
136: Most Favoured Nation duty rate treatement
290: Preferential tariff for Philippines
336: Preferential tariff under (GSTP) Global System of Trade Preferences among Developing Countries

Trade Forecasts

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This section shows a forecast for total trade between ${linkedName1} and ${linkedName2}. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

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