Flag Japan / Philippines Flag

Exports FlagFlag  (2018): $11.6B, Rnk 16 / 207

Top Product FlagFlag (2018): $1.52B, Integrated Circuits

Exports FlagFlag (2018): $11.2B, Rnk 4 / 194

Top Product FlagFlag (2018): $1.17B, Integrated Circuits

Economic Complexity of Flag (2018): ECI 2.17, Rnk 1 / 137

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

GDP Flag (2018): $4.97T, CURRENT US$
Rnk 3 / 196

GDP GROWTH Flag (2008-2018): -1.32%, CURRENT US$
Rnk 169 / 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): $39,290, CURRENT US$
Rnk 27 / 196

GDP PC GROWTH Flag (2008-2018): -0.13%, CURRENT US$
Rnk 146 / 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

Japan-Philippines: In 2018, Japan exported $11.6B to Philippines. The main products exported from Japan to Philippines were Integrated Circuits ($1.52B), Delivery Trucks ($507M), and Buses ($421M). During the last 23 years the exports of Japan to Philippines have increased at an annualized rate of 2.25%, from $6.94B in 1995 to $11.6B in 2018. In 2009, Japan exported services to Philippines worth $2.03B, with Services not allocated ($1B), Transportation ($335M), and Construction services ($246M) being the largest in terms of value.

Philippines-Japan: In 2018, Philippines exported $11.2B to Japan. The main products exported from Philippines to Japan were Integrated Circuits ($1.17B), Insulated Wire ($1.07B), and Wood Carpentry ($765M). During the last 23 years the exports of Philippines to Japan have increased at an annualized rate of 5.46%, from $3.31B in 1995 to $11.2B in 2018.

Comparison: In 2018, Japan ranked 1 in the Economic Complexity Index (ECI 2.17), and 4 in total exports ($713B). 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, Japan was ranked 27 with a GDP Per Capita of $39,290, 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, Japan exported $11.6B to Philippines. The main products exported from Japan to Philippines were Integrated Circuits ($1.52B), Delivery Trucks ($507M), and Buses ($421M). During the last 23 years the exports of Japan to Philippines have increased at an annualized rate of 2.25%, from $6.94B in 1995 to $11.6B in 2018.

In 2018, Philippines exported $11.2B to Japan. The main products exported from Philippines to Japan were Integrated Circuits ($1.17B), Insulated Wire ($1.07B), and Wood Carpentry ($765M). During the last 23 years the exports of Philippines to Japan have increased at an annualized rate of 5.46%, from $3.31B in 1995 to $11.2B in 2018.

Market Competitiveness

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Measure

Japan
Top Destination
: China, $139B

Philippines
Top Destination
: Hong Kong, $13.9B

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

In 2018, countries that imported more from Japan than Philippines were China ($139B), United States ($135B), and South Korea ($51.5B).

In 2018, countries that imported more from Philippines than Japan were Curaçao ($56.5M), Norfolk Island ($2.92M), and French South Antarctic Territory ($3.73k).

Comparative Advantage Japan - Philippines

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Depth

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

During 2018, Japan had a large net trade with Philippines in the exports of Machines ($5.79B), Transportation ($1.74B), and Metals ($1.2B).

During 2018, Philippines had a large net trade with Japan in the exports of Machines ($5.59B), Metals ($1.07B), and Wood Products ($925M).

Tariff Section

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

In 2018, the products from Japan that paid the highest import tariffs to enter Philippines were Glucose including syrup of 20%-50% dry weight fructos (43.3%) and Fructose, syrup > 50% fructose, not pure fructose (43.3%).

In 2018, the products from Philippines that paid the highest import tariffs to enter Japan were Rice, husked (brown) (50%) and Rice, semi-milled or wholly milled (50%).

Explore Tariff Data

*The tariffs present between Japan and Philippines are:
84: Association of Southeast Asian Nations (ASEAN ) Free Trade Area
130: Japan Generalized System of Preference
136: Most Favoured Nation duty rate treatement
290: Preferential tariff for Philippines

Trade Forecasts

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This section shows a forecast for total trade between Japan 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

Bilateral Service Trade

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In 2009, Japan exported services to Philippines worth $2.03B, with Services not allocated ($1B), Transportation ($335M), and Construction services ($246M) being the largest in terms of value.

Service trade data is presented based on availability.

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