India (IND) and Philippines (PHL) Trade | OEC - The Observatory of Economic Complexity

About

India-Philippines In 2021, India exported $2.15B to Philippines. The main products that India exported to Philippines are Packaged Medicaments ($250M), Semi-Finished Iron ($172M), and Motorcycles and cycles ($142M). During the last 26 years the exports of India to Philippines have increased at an annualized rate of 11%, from $143M in 1995 to $2.15B in 2021.

In 2021, India did not export any services to Philippines.

Philippines-India In 2021, Philippines exported $923M to India. The main products that Philippines exported to India were Gold ($194M), Office Machine Parts ($116M), and Refined Copper ($78.1M). During the last 26 years the exports of Philippines to India have increased at an annualized rate of 15.9%, from $20M in 1995 to $923M in 2021.

In 2021, Philippines did not export any services to India.

Comparison In 2021, India ranked 41 in the Economic Complexity Index (ECI 0.61), and 14 in total exports ($403B). That same year, Philippines ranked 37 in the Economic Complexity Index (ECI 0.72), and 41 in total exports ($93.7B).

Historical Data

Bilateral Trade by Products

Depth

Value

Year

In 2021, India exported $2.15B to Philippines. The main products exported from India to Philippines were Packaged Medicaments ($250M), Semi-Finished Iron ($172M), and Motorcycles and cycles ($142M). During the last 26 years the exports of India to Philippines have increased at an annualized rate of 11%, from $143M in 1995 to $2.15B in 2021.

In 2021, Philippines exported $923M to India. The main products exported from Philippines to India were Gold ($194M), Office Machine Parts ($116M), and Refined Copper ($78.1M). During the last 26 years the exports of Philippines to India have increased at an annualized rate of 15.9%, from $20M in 1995 to $923M in 2021.

Latest Data

India Exports

Date

Philippines Exports

Date

Market Competitiveness

Color

SectionYear

India
Top Destination: United States, $71.2B

Philippines
Top Destination: China, $15.1B

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 2021, countries that imported more from India than Philippines were United States ($71.2B), United Arab Emirates ($25.4B), and Bangladesh ($14.1B).

In 2021, countries that imported more from Philippines than India were Japan ($11.5B), Hong Kong ($11.4B), and Chinese Taipei ($2.94B).

Comparative Advantage India - Philippines

Flow

Scale

Year

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

During 2021, India had a large net trade with Philippines in the exports of Chemical Products ($477M), Transportation ($300M), and Metals ($275M).

During 2021, Philippines had a large net trade with India in the exports of Machines ($256M), Precious Metals ($194M), and Metals ($185M).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Latest Data

India Exports

Philippines Exports

Market Competitiveness

Comparative Advantage India - Philippines

Economic Complexity

Competitive Landscape

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