2023
Flag  
GDP
$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH
54%CURRENT US$
Rnk 67 / 195
2023
Flag
GDP PC 
$3,805CURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP PC GROWTH
36.8%CURRENT US$
Rnk 65 / 195

About

Philippines-Eritrea Trade: In 2023, Philippines exported $89.2k to Eritrea. The main products that Philippines exported to Eritrea were Integrated Circuits ($89.2k). Over the past 9 years the exports of Philippines to Eritrea have increased at an annualized rate of 58.4%, from $1.42k in 2014 to $89.2k in 2023.

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

Eritrea-Philippines Trade: In 2023, Eritrea exported $23.8M to Philippines. The main products that Eritrea exported to Philippines were Copper Ore ($23.8M), Leather Footwear ($236), and Valves ($197). Over the past 9 years the exports of Eritrea to Philippines have increased at an annualized rate of 668%,  from $891 in 2014 to $23.8M in 2023.

In 2023, Eritrea 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, Eritrea ranked 169 in total exports ($529M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Philippines exported $89.2k to Eritrea. The main products exported from Philippines to Eritrea were Integrated Circuits ($89.2k). During the last 9 years the exports of Philippines to Eritrea have increased at an annualized rate of 58.4%, from $1.42k in 2014 to $89.2k in 2023.

In 2018, Eritrea exported $23.8M to Philippines. The main products exported from Eritrea to Philippines were Copper Ore ($23.8M), Leather Footwear ($236), and Valves ($197). During the last 5 years the exports of Eritrea to Philippines have increased at an annualized rate of 668%, from $891 in 2023 to $23.8M in 2018.

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

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

Market Competitiveness

Color
Philippines
Top Destination
China$19B
Eritrea
Top Destination
China$355M

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

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

In 2023, countries that imported more from Eritrea than Philippines included Djibouti ($252k).

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

Comparative Advantage Philippines - Eritrea

Flow
Scale

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

During 2023, Philippines had a large net trade with Eritrea in the exports of Machines ($89.2k).

During 2018, Eritrea had a large net trade with Philippines in the exports of Mineral Products ($23.8M), Footwear and Headwear ($236), and Machines ($197).

Economic Complexity

Competitive Landscape

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

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

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