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2023
Flag → Flag
Exports $6.82MRnk 90 / 201
2023
Flag → Flag
Top Product $3.36MProcessed Fish
2023
Flag → Flag
Exports $6.85MRnk 63 / 196
2023
Flag → Flag
Top Product $4.97MPassenger and Cargo Ships
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$33.9BCURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP GROWTH41.4%CURRENT US$
Rnk 91 / 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$36,551CURRENT US$
Rnk 35 / 196
2013-2023
Flag
GDP PC GROWTH31.5%CURRENT US$
Rnk 76 / 195

About

Philippines-Cyprus Trade: In 2023, Philippines exported $6.82M to Cyprus. The main products that Philippines exported to Cyprus were Processed Fish ($3.36M), Video and Card Games ($674k), and Other Measuring Instruments ($393k). Over the past 5 years the exports of Philippines to Cyprus have decreased at an annualized rate of 24.8%, from $28.3M in 2018 to $6.82M in 2023.

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

Cyprus-Philippines Trade: In 2023, Cyprus exported $6.85M to Philippines. The main products that Cyprus exported to Philippines were Passenger and Cargo Ships ($4.97M), Packaged Medicaments ($672k), and Fruit Juice ($575k). Over the past 5 years the exports of Cyprus to Philippines have increased at an annualized rate of 20.1%,  from $2.74M in 2018 to $6.85M in 2023.

In 2015, Cyprus exported services to Philippines worth $1.11M, with Financial services ($1.11M) being the largest in terms of value.

Comparison In 2023,  Philippines ranked 40 in the Economic Complexity Index (ECI 0.64),  and 42 in total exports ($101B). That same year, Cyprus ranked 126 in total exports ($5.7B), and does not have data regarding Economic Complexity Index.

Latest Trends

July, 2024

About

Overview In July 2024, Philippines exported $96.1k and imported $319k from Cyprus, resulting in a negative trade balance of $222k. Between July 2023 and July 2024 the exports of Philippines have decreased by $-1.15M (-92.3%) from $1.24M to $96.1k, while imports increased by $179k (128%) from $140k to $319k.

Trade In July 2024, the top exports of Philippines to Cyprus were Processed Fish ($158k), Molluscs ($57k), Rubber Tires ($31.1k), Seats ($23.4k), and Other Furniture ($3.1k). In July 2024 the top imports of Philippines from Cyprus were Animal Food ($11.5k), Other Paints ($1.16k), Computers ($706), Commodities not elsewhere specified ($394), and Machinery Having Individual Functions ($349).

Growth In July 2024, the decrease in Philippines's year-by-year exports to Cyprus was explained primarily by an decrease in product exports in . In July 2024, the increase in Philippines's year-by-year imports  from Cyprus was explained primarily by an increase in product imports  in Computers ($496 or 236%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)$-1.15M(-92.3%)
IMPORT GROWTH (July 2023 - July 2024)$179k(128%)

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 Cyprus and Philippines trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Cyprus and Philippines Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Philippines exported $6.82M to Cyprus. The main products exported from Philippines to Cyprus were Processed Fish ($3.36M), Video and Card Games ($674k), and Other Measuring Instruments ($393k). During the last 5 years the exports of Philippines to Cyprus have decreased at an annualized rate of 24.8%, from $28.3M in 2018 to $6.82M in 2023.

In 2018, Cyprus exported $6.85M to Philippines. The main products exported from Cyprus to Philippines were Passenger and Cargo Ships ($4.97M), Packaged Medicaments ($672k), and Fruit Juice ($575k). During the last 5 years the exports of Cyprus to Philippines have increased at an annualized rate of 20.1%, from $2.74M in 2023 to $6.85M in 2018.

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

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

Market Competitiveness

Color
Philippines
Top DestinationChina$19B
Cyprus
Top DestinationLibya$775M

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

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

In 2023, countries that imported more from Cyprus than Philippines included Libya ($775M), Greece ($626M), and Lebanon ($438M).

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

Comparative Advantage Philippines - Cyprus

Flow
Scale

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

During 2023, Philippines had a large net trade with Cyprus in the exports of Foodstuffs ($4.17M), Miscellaneous ($880k), and Instruments ($404k).

During 2018, Cyprus had a large net trade with Philippines in the exports of Transportation ($4.97M), Chemical Products ($673k), and Foodstuffs ($644k).

Economic Complexity

Competitive Landscape

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

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

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