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2023
Flag → Flag
Exports $674MRnk 61 / 224
2023
Flag → Flag
Top Product $73.8MPig Meat
2023
Flag → Flag
Exports $2.32BRnk 11 / 201
2023
Flag → Flag
Top Product $688MIntegrated Circuits
2023
Flag
Economic Complexity (ECI) ECI 1.08Rnk 26 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 132
2023
Flag  
GDP$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
 GDP$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH54%CURRENT US$
Rnk 67 / 195
2023
Flag
GDP PC $64,572CURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP PC GROWTH22.8%CURRENT US$
Rnk 96 / 195
2023
Flag
GDP PC$3,805CURRENT US$
Rnk 133 / 196
2013-2023
Flag
GDP PC GROWTH36.8%CURRENT US$
Rnk 65 / 195

About

Netherlands-Philippines Trade: In 2023, Netherlands exported $674M to Philippines. The main products that Netherlands exported to Philippines were Pig Meat ($73.8M), Telephones ($42.9M), and Edible Offal ($33.8M). Over the past 5 years the exports of Netherlands to Philippines have decreased at an annualized rate of 0.63%, from $696M in 2018 to $674M in 2023.

In 2020, Netherlands exported services to Philippines worth $605M, with Other business services ($255M), Royalties and license fees ($241M), and Computer and information services ($50.6M) being the largest in terms of value.

Philippines-Netherlands Trade: In 2023, Philippines exported $2.32B to Netherlands. The main products that Philippines exported to Netherlands were Integrated Circuits ($688M), Office Machine Parts ($354M), and Coconut Oil ($240M). Over the past 5 years the exports of Philippines to Netherlands have decreased at an annualized rate of 4.66%,  from $2.95B in 2018 to $2.32B in 2023.

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

Comparison: In 2023,  Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B). That same year, Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B).

Latest Trends

October, 2024

About

Overview In October 2024, Netherlands exported €57M and imported €205M from Philippines, resulting in a negative trade balance of €148M. Between October 2023 and October 2024 the exports of Netherlands have decreased by €-24M (-29.6%) from €81M to €57M, while imports increased by €59M (40.4%) from €146M to €205M.

Trade In October 2024, the top exports of Netherlands to Philippines were Other meat and edible meat offal,... (€9M), Undefined (€6M), Medicinal and pharmaceutical products, other than... (€5M), Milk and cream and milk products... (€3M), and Vegetables, roots and tubers, prepared or... (€2M). In October 2024 the top imports of Netherlands from Philippines were Thermionic, cold cathode or photo-cathode valves... (€52M), Fixed vegetable fats and oils, crude,... (€24M), Office machines (€10M), Television receivers (including video monitors and... (€8M), and Electric power machinery (other than rotating... (€8M).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (October 2023 - October 2024)€-24M(-29.6%)
IMPORT GROWTH (October 2023 - October 2024)€59M(40.4%)

This section shows exports and imports data at subnational level for Netherlands. Click any date in the line plot or any product to explore the exports or imports behavior of Netherlands over time.

To check Philippines and Netherlands trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Philippines and Netherlands Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Netherlands exported $674M to Philippines. The main products exported from Netherlands to Philippines were Pig Meat ($73.8M), Telephones ($42.9M), and Edible Offal ($33.8M). During the last 5 years the exports of Netherlands to Philippines have decreased at an annualized rate of 0.63%, from $696M in 2018 to $674M in 2023.

In 2018, Philippines exported $2.32B to Netherlands. The main products exported from Philippines to Netherlands were Integrated Circuits ($688M), Office Machine Parts ($354M), and Coconut Oil ($240M). During the last 5 years the exports of Philippines to Netherlands have decreased at an annualized rate of 4.66%, from $2.95B in 2023 to $2.32B in 2018.

Exports from Netherlands (Flag) to Philippines (Flag) (2023)

Exports from Philippines (Flag) to Netherlands (Flag) (2023)

Market Competitiveness

Color
Netherlands
Top DestinationGermany$96.9B
Philippines
Top DestinationChina$19B

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

In 2023, countries that imported more from Netherlands than Philippines included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

In 2023, countries that imported more from Philippines than Netherlands included Hong Kong ($11.7B), Japan ($11.4B), and Thailand ($3.13B).

Difference in imports from Philippines (Flag) and Netherlands (Flag) (2023)

Comparative Advantage Netherlands - Philippines

Flow
Scale

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

During 2023, Netherlands had a large net trade with Philippines in the exports of Machines ($209M), Animal Products ($146M), and Chemical Products ($89.3M).

During 2018, Philippines had a large net trade with Netherlands in the exports of Machines ($1.62B), Animal and Vegetable Bi-Products ($253M), and Foodstuffs ($77.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Philippines+$26.2MPackaged Medicaments
Top Product Potential Philippines Netherlands+$205MIntegrated 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

This visualization shows the product space at the HS4 level with the flags of Netherlands and Philippines. This means that a dot/product with the flag of Netherlands indicates it has a comparative advantage over Philippines. Similarly, a dot/product with the flag of Philippines indicates it has a comparative advantage over Netherlands.

Product Space of Netherlands (Flag) and Philippines (Flag) (2023)

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