2022
Flag  
GDP
$404BCURRENT US$
Rnk 38 / 186
2012-2022
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GDP GROWTH
54.4%CURRENT US$
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2022
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 GDP
$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
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GDP GROWTH
43.7%CURRENT US$
Rnk 79 / 186
2022
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GDP PC 
$3,499CURRENT US$
Rnk 129 / 186
2012-2022
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GDP PC GROWTH
30.9%CURRENT US$
Rnk 61 / 186
2022
Flag
GDP PC
$4,788CURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP PC GROWTH
30.5%CURRENT US$
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About

Philippines-Indonesia Trade: In 2022, Philippines exported $1.36B to Indonesia. The main products that Philippines exported to Indonesia were Semiconductor Devices ($308M), Refined Copper ($117M), and Integrated Circuits ($110M). Over the past 5 years the exports of Philippines to Indonesia have increased at an annualized rate of 7.32%, from $955M in 2017 to $1.36B in 2022.

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

Indonesia-Philippines Trade: In 2022, Indonesia exported $13.6B to Philippines. The main products that Indonesia exported to Philippines were Coal Briquettes ($5B), Cars ($2.08B), and Motorcycles and cycles ($783M). Over the past 5 years the exports of Indonesia to Philippines have increased at an annualized rate of 7.6%,  from $7.56B in 2017 to $13.6B in 2022.

In 2022, Indonesia 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, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $1.36B to Indonesia. The main products exported from Philippines to Indonesia were Semiconductor Devices ($308M), Refined Copper ($117M), and Integrated Circuits ($110M). During the last 5 years the exports of Philippines to Indonesia have increased at an annualized rate of 7.32%, from $955M in 2017 to $1.36B in 2022.

In 2017, Indonesia exported $13.6B to Philippines. The main products exported from Indonesia to Philippines were Coal Briquettes ($5B), Cars ($2.08B), and Motorcycles and cycles ($783M). During the last 5 years the exports of Indonesia to Philippines have increased at an annualized rate of 7.6%, from $7.56B in 2022 to $13.6B in 2017.

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

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

Market Competitiveness

Color
Philippines
Top Destination
United States$15.5B
Indonesia
Top Destination
China$67.7B

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

In 2022, countries that imported more from Philippines than Indonesia included Hong Kong ($12.6B), Switzerland ($4.1B), and United Kingdom ($4.52B).

In 2022, countries that imported more from Indonesia than Philippines included China ($67.7B), India ($25.3B), and United States ($31.6B).

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

Comparative Advantage Philippines - Indonesia

Flow
Scale

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

During 2022, Philippines had a large net trade with Indonesia in the exports of Machines ($626M), Transportation ($179M), and Metals ($132M).

During 2017, Indonesia had a large net trade with Philippines in the exports of Mineral Products ($5.47B), Transportation ($3.48B), and Foodstuffs ($1.11B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Indonesia+$201MIntegrated Circuits
Top Product Potential Indonesia Philippines+$57.1MPalm Oil

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 Indonesia. This means that a dot/product with the flag of Philippines indicates it has a comparative advantage over Indonesia. Similarly, a dot/product with the flag of Indonesia indicates it has a comparative advantage over Philippines.

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

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