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2023
Flag → Flag
Exports $55.6kRnk 179 / 201
2023
Flag → Flag
Top Product $50.6kElectrical Transformers
2023
Flag → Flag
Exports $6.74MRnk 98 / 120
2023
Flag → Flag
Top Product $5.93kSculptures
2023
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.43Rnk 83 / 132
2023
Flag  
GDP$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH54%CURRENT US$
Rnk 67 / 195
2023
Flag
 GDP$19.7BCURRENT US$
Rnk 123 / 195
2013-2023
Flag
GDP GROWTH57.2%CURRENT US$
Rnk 59 / 195
2023
Flag
GDP PC $3,805CURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP PC GROWTH36.8%CURRENT US$
Rnk 65 / 195
2023
Flag
GDP PC$1,394CURRENT US$
Rnk 168 / 196
2013-2023
Flag
GDP PC GROWTH19.3%CURRENT US$
Rnk 104 / 195

About

Philippines-Benin Trade: In 2023, Philippines exported $55.6k to Benin. The main products that Philippines exported to Benin were Electrical Transformers ($50.6k), Knit T-shirts ($2.71k), and Knit Men's Undergarments ($997). Over the past 5 years the exports of Philippines to Benin have increased at an annualized rate of 33%, from $13.4k in 2018 to $55.6k in 2023.

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

Benin-Philippines In N/A, Benin did not export any products to Philippines.

In 2023, Benin 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, Benin ranked 83 in the Economic Complexity Index (ECI -0.43), and 146 in total exports ($1.93B).

Latest Trends

N/A

About

Overview In N/A, Philippines exported $N/A and imported $N/A from Benin, resulting in a N/A trade balance of $N/A. Between N/A and N/A the exports of Philippines have N/A by $N/A (N/A) from $N/A to $N/A, while imports N/A by $N/A (N/A) from $N/A to $N/A.

Trade In N/A, the top exports of Philippines to Benin were . In N/A the top imports of Philippines from Benin were .

Growth In N/A, the N/A in Philippines's year-by-year exports to Benin was explained primarily by an decrease in product exports in . In N/A, the N/A in Philippines's year-by-year imports  from Benin was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth

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 Benin and Philippines trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Benin and Philippines Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Philippines exported $55.6k to Benin. The main products exported from Philippines to Benin were Electrical Transformers ($50.6k), Knit T-shirts ($2.71k), and Knit Men's Undergarments ($997). During the last 5 years the exports of Philippines to Benin have increased at an annualized rate of 33%, from $13.4k in 2018 to $55.6k in 2023.

Benin does not register exports to Philippines. The main products exported from Benin to Philippines were Sculptures ($5.93k).

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

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

Market Competitiveness

Color
Philippines
Top DestinationChina$19B
Benin
Top DestinationUnited Arab Emirates$803M

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

In 2023, countries that imported more from Philippines than Benin included China ($19B), United States ($13.3B), and Hong Kong ($11.7B).

In 2023, countries that imported more from Benin than Philippines included Bangladesh ($391M), Togo ($53.9M), and Chad ($36.7M).

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

Comparative Advantage Philippines - Benin

Flow
Scale

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

During 2023, Philippines had a large net trade with Benin in the exports of Machines ($50.9k) and Textiles ($4.68k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Benin+$7.34kSowing Seeds
Top Product Potential Benin Philippines+$4.07kRefined 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 Benin. This means that a dot/product with the flag of Philippines indicates it has a comparative advantage over Benin. Similarly, a dot/product with the flag of Benin indicates it has a comparative advantage over Philippines.

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

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