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2022
Flag → Flag
Exports $189MRnk 31 / 205
2022
Flag → Flag
Top Product $119MIntegrated Circuits
2022
Flag → Flag
Exports $187MRnk 59 / 217
2022
Flag → Flag
Top Product $47.8MIntegrated Circuits
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.5Rnk 8 / 133
2022
Flag  
GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
 GDP$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH15.1%CURRENT US$
Rnk 137 / 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$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH7.34%CURRENT US$
Rnk 124 / 186

About

Philippines-Austria Trade: In 2022, Philippines exported $189M to Austria. The main products that Philippines exported to Austria were Integrated Circuits ($119M), Electric Batteries ($25.9M), and Blank Audio Media ($15.5M). Over the past 5 years the exports of Philippines to Austria have increased at an annualized rate of 0.66%, from $183M in 2017 to $189M in 2022.

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

Austria-Philippines Trade: In 2022, Austria exported $187M to Philippines. The main products that Austria exported to Philippines were Integrated Circuits ($47.8M), Sawn Wood ($15.6M), and Metal Mountings ($9.82M). Over the past 5 years the exports of Austria to Philippines have decreased at an annualized rate of 3.75%,  from $235M in 2017 to $187M in 2022.

In 2020, Austria exported services to Philippines worth $10.3M, with Transportation ($3.43M), Other business services ($3.43M), and Travel ($2.28M) being the largest in terms of value.

Comparison: In 2022,  Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B). That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B).

Latest Trends

June, 2024

About

Overview In June 2024, Philippines exported $14.2M and imported $19.5M from Austria, resulting in a negative trade balance of $5.29M. Between June 2023 and June 2024 the exports of Philippines have decreased by $-7.57M (-34.8%) from $21.8M to $14.2M, while imports increased by $6.7M (52.4%) from $12.8M to $19.5M.

Trade In June 2024, the top exports of Philippines to Austria were Integrated Circuits ($6.27M), Batteries ($4.82M), Commodities not elsewhere specified ($2M), Electrical Control Boards ($180k), and Other Processed Fruits and Nuts ($176k). In June 2024 the top imports of Philippines from Austria were Integrated Circuits ($2.44M), Commodities not elsewhere specified ($2.24M), Animal Food ($983k), Cigarette Paper ($963k), and Soybean Oil ($635k).

Growth In June 2024, the decrease in Philippines's year-by-year exports to Austria was explained primarily by an decrease in product exports in Commodities not elsewhere specified ($-926k or -31.6%), Oscilloscopes ($-248k or -91.7%), and Semiconductor Devices ($-123k or -70.9%). In June 2024, the increase in Philippines's year-by-year imports  from Austria was explained primarily by an increase in product imports  in Animal Food ($758k or 336%), Cigarette Paper ($492k or 105%), and Special Pharmaceuticals ($204k or 125%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (June 2023 - June 2024)$-7.57M(-34.8%)
IMPORT GROWTH (June 2023 - June 2024)$6.7M(52.4%)

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 Austria and Philippines trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Austria and Philippines Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $189M to Austria. The main products exported from Philippines to Austria were Integrated Circuits ($119M), Electric Batteries ($25.9M), and Blank Audio Media ($15.5M). During the last 5 years the exports of Philippines to Austria have increased at an annualized rate of 0.66%, from $183M in 2017 to $189M in 2022.

In 2017, Austria exported $187M to Philippines. The main products exported from Austria to Philippines were Integrated Circuits ($47.8M), Sawn Wood ($15.6M), and Metal Mountings ($9.82M). During the last 5 years the exports of Austria to Philippines have decreased at an annualized rate of 3.75%, from $235M in 2022 to $187M in 2017.

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

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

Market Competitiveness

Color
Philippines
Top DestinationUnited States$15.5B
Austria
Top DestinationGermany$57.7B

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

In 2022, countries that imported more from Philippines than Austria included Hong Kong ($12.6B), China ($15.3B), and Japan ($11.3B).

In 2022, countries that imported more from Austria than Philippines included Germany ($57.7B), Italy ($13.6B), and Hungary ($10.4B).

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

Comparative Advantage Philippines - Austria

Flow
Scale

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

During 2022, Philippines had a large net trade with Austria in the exports of Machines ($178M), Foodstuffs ($2.59M), and Instruments ($2.02M).

During 2017, Austria had a large net trade with Philippines in the exports of Machines ($85.9M), Wood Products ($18.2M), and Metals ($18M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Austria+$60.5MIntegrated Circuits
Top Product Potential Austria Philippines+$16.5MIntegrated 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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Bilateral Service Trade

In 2020, Austria exported services to Philippines worth $10.3M, with Transportation ($3.43M), Other business services ($3.43M), and Travel ($2.28M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Austria (Flag) to Philippines (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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