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Pricing

2022
Flag → Flag
Exports $9.55MRnk 84 / 205
2022
Flag → Flag
Top Product $3.06MOffice Machine Parts
2022
Flag → Flag
Exports $8.44kRnk 112 / 129
2022
Flag → Flag
Top Product $4.56kPens
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.00081Rnk 66 / 133
2022
Flag  
GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
 GDP$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC $3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186
2022
Flag
GDP PC$7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH92.5%CURRENT US$
Rnk 10 / 186

About

Philippines-Armenia Trade: In 2022, Philippines exported $9.55M to Armenia. The main products that Philippines exported to Armenia were Office Machine Parts ($3.06M), Other Domestic Electric Housewares ($1.63M), and Electric Heaters ($1.39M). Over the past 5 years the exports of Philippines to Armenia have increased at an annualized rate of 35.9%, from $2.06M in 2017 to $9.55M in 2022.

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

Armenia-Philippines Trade: In 2022, Armenia exported $8.44k to Philippines. The main products that Armenia exported to Philippines were Pens ($4.56k), Non-Knit Men's Suits ($1.01k), and Non-Knit Women's Coats ($692). Over the past 5 years the exports of Armenia to Philippines have decreased at an annualized rate of 27.7%,  from $42.8k in 2017 to $8.44k in 2022.

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

Comparison: In 2022,  Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B). That same year, Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B).

Latest Trends

September, 2024

About

Overview In September 2024, Philippines exported $11.3k and imported $152k from Armenia, resulting in a negative trade balance of $141k. Between September 2023 and September 2024 the exports of Philippines have increased by $5.93k (111%) from $5.37k to $11.3k, while imports increased by $151k (20.6k%) from $732 to $152k.

Trade In September 2024, the top exports of Philippines to Armenia were Other Processed Fruits and Nuts ($23.2k) and Fruit Juice ($9.28k). In September 2024 the top imports of Philippines from Armenia were Non-Knit Women's Suits ($697), Non-Knit Men's Coats ($529), and Pens ($390).

Growth In September 2024, the increase in Philippines's year-by-year exports to Armenia was explained primarily by an increase in product exports in . In September 2024, the increase in Philippines's year-by-year imports  from Armenia was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)$5.93k(111%)
IMPORT GROWTH (September 2023 - September 2024)$151k(20.6k%)

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

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

For full datasets download visit Bulk Download page.

Explore Armenia and Philippines Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $9.55M to Armenia. The main products exported from Philippines to Armenia were Office Machine Parts ($3.06M), Other Domestic Electric Housewares ($1.63M), and Electric Heaters ($1.39M). During the last 5 years the exports of Philippines to Armenia have increased at an annualized rate of 35.9%, from $2.06M in 2017 to $9.55M in 2022.

In 2017, Armenia exported $8.44k to Philippines. The main products exported from Armenia to Philippines were Pens ($4.56k), Non-Knit Men's Suits ($1.01k), and Non-Knit Women's Coats ($692). During the last 5 years the exports of Armenia to Philippines have decreased at an annualized rate of 27.7%, from $42.8k in 2022 to $8.44k in 2017.

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

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

Market Competitiveness

Color
Philippines
Top DestinationUnited States$15.5B
Armenia
Top DestinationRussia$2.36B

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

In 2022, countries that imported more from Philippines than Armenia included United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

In 2022, countries that imported more from Armenia than Philippines included Russia ($2.36B), Georgia ($260M), and Iraq ($250M).

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

Comparative Advantage Philippines - Armenia

Flow
Scale

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

During 2022, Philippines had a large net trade with Armenia in the exports of Machines ($8.75M), Instruments ($203k), and Foodstuffs ($175k).

During 2017, Armenia had a large net trade with Philippines in the exports of Miscellaneous ($4.56k), Textiles ($1.96k), and Machines ($1.16k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Armenia+$2.07MComputers
Top Product Potential Armenia Philippines+$10.2kPens

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

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

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