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2022
Flag → Flag
Exports $969MRnk 57 / 224
2022
Flag → Flag
Top Product $169MSpecial Purpose Ships
2022
Flag → Flag
Exports $2.93BRnk 12 / 205
2022
Flag → Flag
Top Product $597MCoconut Oil
2022
Flag
Economic Complexity (ECI) ECI 1.11Rnk 23 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag  
GDP$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
 GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
GDP PC $55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH11.8%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186

About

Netherlands-Philippines Trade: In 2022, Netherlands exported $969M to Philippines. The main products that Netherlands exported to Philippines were Special Purpose Ships ($169M), Pig Meat ($112M), and Edible Offal ($77.4M). Over the past 5 years the exports of Netherlands to Philippines have increased at an annualized rate of 6.94%, from $693M in 2017 to $969M in 2022.

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 2022, Philippines exported $2.93B to Netherlands. The main products that Philippines exported to Netherlands were Coconut Oil ($597M), Integrated Circuits ($592M), and Office Machine Parts ($410M). Over the past 5 years the exports of Philippines to Netherlands have increased at an annualized rate of 1.6%,  from $2.71B in 2017 to $2.93B in 2022.

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

Comparison: In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B). That same year, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Latest Trends

July, 2024

About

Overview In July 2024, Netherlands exported €88M and imported €151M from Philippines, resulting in a negative trade balance of €63M. Between July 2023 and July 2024 the exports of Netherlands have increased by €23M (35.4%) from €65M to €88M, while imports decreased by €-8M (-5.03%) from €159M to €151M.

Trade In July 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 July 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 (July 2023 - July 2024)€23M(35.4%)
IMPORT GROWTH (July 2023 - July 2024)€-8M(-5.03%)

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

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Netherlands exported $969M to Philippines. The main products exported from Netherlands to Philippines were Special Purpose Ships ($169M), Pig Meat ($112M), and Edible Offal ($77.4M). During the last 5 years the exports of Netherlands to Philippines have increased at an annualized rate of 6.94%, from $693M in 2017 to $969M in 2022.

In 2017, Philippines exported $2.93B to Netherlands. The main products exported from Philippines to Netherlands were Coconut Oil ($597M), Integrated Circuits ($592M), and Office Machine Parts ($410M). During the last 5 years the exports of Philippines to Netherlands have increased at an annualized rate of 1.6%, from $2.71B in 2022 to $2.93B in 2017.

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

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

Market Competitiveness

Color
Netherlands
Top DestinationGermany$131B
Philippines
Top DestinationUnited States$15.5B

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 2022, countries that imported more from Netherlands than Philippines included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

In 2022, countries that imported more from Philippines than Netherlands included Hong Kong ($12.6B), Japan ($11.3B), and Singapore ($7.07B).

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

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 2022, Netherlands had a large net trade with Philippines in the exports of Animal Products ($251M), Transportation ($199M), and Machines ($141M).

During 2017, Philippines had a large net trade with Netherlands in the exports of Machines ($1.71B), Animal and Vegetable Bi-Products ($606M), and Vegetable Products ($104M).

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) (2022)

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