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2023
Flag → Flag
Exports $69.5MRnk 42 / 201
2023
Flag → Flag
Top Product $30.8MCrude Petroleum
2023
Flag → Flag
Exports $278MRnk 10 / 120
2023
Flag → Flag
Top Product $150MPetroleum Gas
2023
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 132
2023
Flag  
GDP$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH54%CURRENT US$
Rnk 67 / 195
2023
Flag
 GDP$15.1BCURRENT US$
Rnk 137 / 195
2013-2023
Flag
GDP GROWTH-16.4%CURRENT US$
Rnk 187 / 195
2023
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GDP PC $3,805CURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP PC GROWTH36.8%CURRENT US$
Rnk 65 / 195
2023
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GDP PC$32,963CURRENT US$
Rnk 42 / 196
2013-2023
Flag
GDP PC GROWTH-25.1%CURRENT US$
Rnk 183 / 195

About

Philippines-Brunei Trade: In 2023, Philippines exported $69.5M to Brunei. The main products that Philippines exported to Brunei were Crude Petroleum ($30.8M), Coal Briquettes ($30.2M), and Sauces and Seasonings ($960k). Over the past 5 years the exports of Philippines to Brunei have increased at an annualized rate of 37%, from $14.4M in 2018 to $69.5M in 2023.

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

Brunei-Philippines Trade: In 2023, Brunei exported $278M to Philippines. The main products that Brunei exported to Philippines were Petroleum Gas ($150M), Refined Petroleum ($75.9M), and Nitrogenous Fertilizers ($29.5M). Over the past 5 years the exports of Brunei to Philippines have increased at an annualized rate of 51.5%,  from $34.8M in 2018 to $278M in 2023.

In 2023, Brunei 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, Brunei ranked 101 in total exports ($10.9B), and does not have data regarding Economic Complexity Index.

Latest Trends

July, 2024

About

Overview In July 2024, Philippines exported $22.1M and imported $36M from Brunei, resulting in a negative trade balance of $13.9M. Between July 2023 and July 2024 the exports of Philippines have increased by $21.5M (3.53k%) from $609k to $22.1M, while imports increased by $21.4M (147%) from $14.6M to $36M.

Trade In July 2024, the top exports of Philippines to Brunei were Coal Briquettes ($6.16M), Commodities not elsewhere specified ($96k), Paper Containers ($61.8k), Shaped Paper ($22.1k), and Other Heating Machinery ($11.9k). In July 2024 the top imports of Philippines from Brunei were Refined Petroleum ($28.2M), Petroleum Gas ($11.1M), Nitrogenous Fertilizers ($2.91M), Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($2.31M), and Office Machine Parts ($484).

Growth In July 2024, the increase in Philippines's year-by-year exports to Brunei was explained primarily by an increase in product exports in Coal Briquettes ($757k or 14%), Commodities not elsewhere specified ($94.5k or 6.48k%), and Shaped Paper ($21.3k or 2.47k%). In July 2024, the increase in Philippines's year-by-year imports  from Brunei was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)$21.5M(3.53k%)
IMPORT GROWTH (July 2023 - July 2024)$21.4M(147%)

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 Brunei and Philippines trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Brunei and Philippines Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Philippines exported $69.5M to Brunei. The main products exported from Philippines to Brunei were Crude Petroleum ($30.8M), Coal Briquettes ($30.2M), and Sauces and Seasonings ($960k). During the last 5 years the exports of Philippines to Brunei have increased at an annualized rate of 37%, from $14.4M in 2018 to $69.5M in 2023.

In 2018, Brunei exported $278M to Philippines. The main products exported from Brunei to Philippines were Petroleum Gas ($150M), Refined Petroleum ($75.9M), and Nitrogenous Fertilizers ($29.5M). During the last 5 years the exports of Brunei to Philippines have increased at an annualized rate of 51.5%, from $34.8M in 2023 to $278M in 2018.

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

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

Market Competitiveness

Color
Philippines
Top DestinationChina$19B
Brunei
Top DestinationAustralia$2.25B

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

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

In 2023, countries that imported more from Brunei than Philippines included Australia ($2.25B), Mozambique ($38.2M), and Zambia ($6.91M).

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

Comparative Advantage Philippines - Brunei

Flow
Scale

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

During 2023, Philippines had a large net trade with Brunei in the exports of Mineral Products ($61M), Foodstuffs ($3.9M), and Machines ($952k).

During 2018, Brunei had a large net trade with Philippines in the exports of Mineral Products ($226M), Chemical Products ($50.7M), and Machines ($440k).

Economic Complexity

Competitive Landscape

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

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

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