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Pricing

2022
Flag → Flag
Exports $1.98MRnk 125 / 205
2022
Flag → Flag
Top Product $749kCoconuts, Brazil Nuts, and Cashews
2022
Flag → Flag
Exports $6.12MRnk 56 / 154
2022
Flag → Flag
Top Product $2.41MPoultry Meat
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.036Rnk 64 / 133
2022
Flag  
GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
 GDP$24.6BCURRENT US$
Rnk 109 / 186
2012-2022
Flag
GDP GROWTH49.2%CURRENT US$
Rnk 64 / 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$6,628CURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP PC GROWTH49.9%CURRENT US$
Rnk 36 / 186

About

Philippines-Georgia Trade: In 2022, Philippines exported $1.98M to Georgia. The main products that Philippines exported to Georgia were Coconuts, Brazil Nuts, and Cashews ($749k), Motor vehicles; parts and accessories (8701 to 8705) ($485k), and Packaged Medicaments ($400k). Over the past 5 years the exports of Philippines to Georgia have decreased at an annualized rate of 7.89%, from $2.98M in 2017 to $1.98M in 2022.

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

Georgia-Philippines Trade: In 2022, Georgia exported $6.12M to Philippines. The main products that Georgia exported to Philippines were Poultry Meat ($2.41M), Animal Meal and Pellets ($2.03M), and Pesticides ($372k). Over the past 5 years the exports of Georgia to Philippines have increased at an annualized rate of 28.8%,  from $1.73M in 2017 to $6.12M in 2022.

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

Comparison: In 2022,  Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B). That same year, Georgia ranked 64 in the Economic Complexity Index (ECI 0.036), and 118 in total exports ($6.82B).

Latest Trends

June, 2024

About

Overview In June 2024, Philippines exported $281k and imported $13.5k from Georgia, resulting in a positive trade balance of $268k. Between June 2023 and June 2024 the exports of Philippines have increased by $59.4k (26.8%) from $222k to $281k, while imports decreased by $-1.75M (-99.2%) from $1.76M to $13.5k.

Trade In June 2024, the top exports of Philippines to Georgia were Coconuts, Brazil Nuts, and Cashews ($81.3k), Motor vehicles; parts and accessories (8701... ($79.9k), Other Processed Fruits and Nuts ($37.1k), and Commodities not elsewhere specified ($1k). In June 2024 the top imports of Philippines from Georgia were Kaolin ($40.4k), Electric Motors ($3.76k), Other Iron Products ($1.86k), Gaskets ($1.59k), and Transmissions ($1.37k).

Growth In June 2024, the increase in Philippines's year-by-year exports to Georgia was explained primarily by an increase in product exports in . In June 2024, the decrease in Philippines's year-by-year imports  from Georgia was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (June 2023 - June 2024)$59.4k(26.8%)
IMPORT GROWTH (June 2023 - June 2024)$-1.75M(-99.2%)

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 Georgia and Philippines trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Georgia and Philippines Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $1.98M to Georgia. The main products exported from Philippines to Georgia were Coconuts, Brazil Nuts, and Cashews ($749k), Motor vehicles; parts and accessories (8701 to 8705) ($485k), and Packaged Medicaments ($400k). During the last 5 years the exports of Philippines to Georgia have decreased at an annualized rate of 7.89%, from $2.98M in 2017 to $1.98M in 2022.

In 2017, Georgia exported $6.12M to Philippines. The main products exported from Georgia to Philippines were Poultry Meat ($2.41M), Animal Meal and Pellets ($2.03M), and Pesticides ($372k). During the last 5 years the exports of Georgia to Philippines have increased at an annualized rate of 28.8%, from $1.73M in 2022 to $6.12M in 2017.

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

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

Market Competitiveness

Color
Philippines
Top DestinationUnited States$15.5B
Georgia
Top DestinationChina$759M

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

In 2022, countries that imported more from Philippines than Georgia included United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

In 2022, countries that imported more from Georgia than Philippines included Azerbaijan ($668M), Russia ($642M), and Armenia ($571M).

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

Comparative Advantage Philippines - Georgia

Flow
Scale

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

During 2022, Philippines had a large net trade with Georgia in the exports of Vegetable Products ($749k), Transportation ($504k), and Chemical Products ($401k).

During 2017, Georgia had a large net trade with Philippines in the exports of Animal Products ($2.41M), Foodstuffs ($2.03M), and Textiles ($442k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Georgia+$3.84kComputers
Top Product Potential Georgia Philippines+$4.25kRefined 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 Georgia. This means that a dot/product with the flag of Philippines indicates it has a comparative advantage over Georgia. Similarly, a dot/product with the flag of Georgia indicates it has a comparative advantage over Philippines.

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

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