2022
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GDP
$1.41TCURRENT US$
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2012-2022
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GDP GROWTH
17.7%CURRENT US$
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2022
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 GDP
$404BCURRENT US$
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2012-2022
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GDP GROWTH
54.4%CURRENT US$
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2022
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GDP PC 
$11,091CURRENT US$
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2012-2022
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GDP PC GROWTH
6.89%CURRENT US$
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2022
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GDP PC
$3,499CURRENT US$
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2012-2022
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GDP PC GROWTH
30.9%CURRENT US$
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About

Mexico-Philippines In 2022, Mexico exported $252M to Philippines. The main products that Mexico exported to Philippines are Copper Ore ($39.2M), Self-Propelled Rail Transport ($30.8M), and Telephones ($17.3M). During the last 27 years the exports of Mexico to Philippines have increased at an annualized rate of 14.6%, from $6.43M in 1995 to $252M in 2022.

In 2022, Mexico did not export any services to Philippines.

Philippines-Mexico In 2022, Philippines exported $2.69B to Mexico. The main products that Philippines exported to Mexico were Office Machine Parts ($777M), Integrated Circuits ($717M), and Blank Audio Media ($373M). During the last 27 years the exports of Philippines to Mexico have increased at an annualized rate of 14.7%, from $65.8M in 1995 to $2.69B in 2022.

In 2022, Philippines did not export any services to Mexico.

Comparison In 2022,  Mexico ranked 21 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B). 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, Mexico exported $252M to Philippines. The main products exported from Mexico to Philippines were Copper Ore ($39.2M), Self-Propelled Rail Transport ($30.8M), and Telephones ($17.3M). During the last 27 years the exports of Mexico to Philippines have increased at an annualized rate of 14.6%, from $6.43M in 1995 to $252M in 2022.

In 2022, Philippines exported $2.69B to Mexico. The main products exported from Philippines to Mexico were Office Machine Parts ($777M), Integrated Circuits ($717M), and Blank Audio Media ($373M). During the last 27 years the exports of Philippines to Mexico have increased at an annualized rate of 14.7%, from $65.8M in 1995 to $2.69B in 2022.

Exports from Mexico (Flag) to Philippines (Flag) (2022)

Exports from Philippines (Flag) to Mexico (Flag) (2022)

Latest Data

Trade between Mexico (Flag) and Philippines (Flag)

Mexico Exports

Philippines Exports

Market Competitiveness

Color
Mexico
Top Destination
United States$421B
Philippines
Top Destination
United States$15.5B

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

In 2021, countries that imported more from Mexico than Philippines were United States ($421B), Canada ($22.2B), and Spain ($5.41B).

In 2021, countries that imported more from Philippines than Mexico were Hong Kong ($12.6B), Japan ($11.3B), and Singapore ($7.07B).

Difference in imports from Philippines (Flag) and Mexico (Flag) (2022)

Comparative Advantage Mexico - Philippines

Flow
Scale

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

During 2022, Mexico had a large net trade with Philippines in the exports of Machines ($87M), Transportation ($43.3M), and Mineral Products ($41.9M).

During 2022, Philippines had a large net trade with Mexico in the exports of Machines ($2.54B), Instruments ($51.2M), and Animal Hides ($15.8M).

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

Product Space of Mexico (Flag) and Philippines (Flag) (2022)

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