Israel (ISR) and Philippines (PHL) Trade | The Observatory of Economic Complexity

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Israel-Philippines Trade: In 2023, Israel exported $349M to Philippines. The main products that Israel exported to Philippines were Integrated Circuits ($79.2M), Other Sea Vessels ($55.7M), and Tanks and Armored vehicles ($51.4M). Over the past 5 years the exports of Israel to Philippines have increased at an annualized rate of 13.1%, from $189M in 2018 to $349M in 2023.

In 2012, Israel exported services to Philippines worth $11.8M, with Computer and information services ($11.8M) being the largest in terms of value.

Philippines-Israel In N/A, Philippines did not export any products to Israel.

In 2023, Philippines did not export any services to Israel.

Comparison: In 2023, Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B). That same year, Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Israel exported $349M to Philippines. The main products exported from Israel to Philippines were Integrated Circuits ($79.2M), Other Sea Vessels ($55.7M), and Tanks and Armored vehicles ($51.4M). During the last 5 years the exports of Israel to Philippines have increased at an annualized rate of 13.1%, from $189M in 2018 to $349M in 2023.

Philippines does not register exports to Israel. The main products exported from Philippines to Israel were Integrated Circuits ($95.4M), Broadcasting Equipment ($15.4M), and Other Domestic Electric Housewares ($14.1M).

Exports from Israel () to Philippines () (2023)

Exports from Philippines () to Israel () (2023)

Latest Data

Trade between Israel () and Philippines ()

Israel Exports

Date

Philippines Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Israel
Top DestinationUnited States$20.3B

Philippines
Top DestinationChina$19B

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

In 2023, countries that imported more from Israel than Philippines included United States ($20.3B), Ireland ($4.22B), and Egypt ($2.23B).

In 2023, countries that imported more from Philippines than Israel included China ($19B), Japan ($11.4B), and Hong Kong ($11.7B).

Difference in imports from Philippines () and Israel () (2023)

Comparative Advantage Israel - Philippines

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Israel had a large net trade with Philippines in the exports of Machines ($153M), Transportation ($109M), and Weapons ($40.3M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Israel Philippines+$40.6MIntegrated Circuits

Top Product Potential Philippines Israel+$63.6MIntegrated Circuits

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 Israel and Philippines. This means that a dot/product with the flag of Israel indicates it has a comparative advantage over Philippines. Similarly, a dot/product with the flag of Philippines indicates it has a comparative advantage over Israel.

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Historical Data

Bilateral Trade by Products

Exports from Israel () to Philippines () (2023)

Exports from Philippines () to Israel () (2023)

Latest Data

Trade between Israel () and Philippines ()

Israel Exports

Philippines Exports

Market Competitiveness

Difference in imports from Philippines () and Israel () (2023)

Comparative Advantage Israel - Philippines

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Israel () and Philippines () (2023)

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