2023
Flag  
GDP
$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH
54%CURRENT US$
Rnk 67 / 195
2023
Flag
 GDP
$84.8BCURRENT US$
Rnk 73 / 195
2013-2023
Flag
GDP GROWTH
-35.9%CURRENT US$
Rnk 193 / 195
2023
Flag
GDP PC 
$3,805CURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP PC GROWTH
36.8%CURRENT US$
Rnk 65 / 195
2023
Flag
GDP PC
$2,308CURRENT US$
Rnk 151 / 196
2013-2023
Flag
GDP PC GROWTH
-54.4%CURRENT US$
Rnk 194 / 195

About

Philippines-Angola Trade: In 2023, Philippines exported $1.86M to Angola. The main products that Philippines exported to Angola were Washing and Bottling Machines ($482k), Cigarette Paper ($443k), and Ethylene Polymers ($433k). Over the past 5 years the exports of Philippines to Angola have increased at an annualized rate of 35.8%, from $403k in 2018 to $1.86M in 2023.

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

Angola-Philippines Trade: In 2023, Angola exported $15.5M to Philippines. The main products that Angola exported to Philippines were Petroleum Gas ($11.4M), Other Aluminium Products ($3.9M), and Disc Chemicals for Electronics ($224k). Over the past 5 years the exports of Angola to Philippines have increased at an annualized rate of 19.7%,  from $6.29M in 2018 to $15.5M in 2023.

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

Comparison: In 2023,  Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B). That same year, Angola ranked 120 in the Economic Complexity Index (ECI -1.23), and 62 in total exports ($42.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Philippines exported $1.86M to Angola. The main products exported from Philippines to Angola were Washing and Bottling Machines ($482k), Cigarette Paper ($443k), and Ethylene Polymers ($433k). During the last 5 years the exports of Philippines to Angola have increased at an annualized rate of 35.8%, from $403k in 2018 to $1.86M in 2023.

In 2018, Angola exported $15.5M to Philippines. The main products exported from Angola to Philippines were Petroleum Gas ($11.4M), Other Aluminium Products ($3.9M), and Disc Chemicals for Electronics ($224k). During the last 5 years the exports of Angola to Philippines have increased at an annualized rate of 19.7%, from $6.29M in 2023 to $15.5M in 2018.

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

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

Market Competitiveness

Color
Philippines
Top Destination
China$19B
Angola
Top Destination
China$17.1B

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

In 2023, countries that imported more from Philippines than Angola included United States ($13.3B), Hong Kong ($11.7B), and Japan ($11.4B).

In 2023, countries that imported more from Angola than Philippines included Spain ($2.65B), India ($3.87B), and United Arab Emirates ($2.75B).

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

Comparative Advantage Philippines - Angola

Flow
Scale

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

During 2023, Philippines had a large net trade with Angola in the exports of Machines ($833k), Plastics and Rubbers ($498k), and Paper Goods ($443k).

During 2018, Angola had a large net trade with Philippines in the exports of Mineral Products ($11.4M), Metals ($3.9M), and Chemical Products ($224k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Angola+$4.2kComputers
Top Product Potential Angola Philippines+$6.69kCrude Petroleum

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

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

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