Flag Philippines / Norway Flag

2019
FlagFlag
Exports
: $54.6M, Rnk 48 / 207

2019
FlagFlag
Top Product
: $7.5M, Office Machine Parts

2019
FlagFlag
Exports
: $43.6M, Rnk 74 / 208

2019
FlagFlag
Top Product
: $10.1M, Non-fillet Frozen Fish

2019
Flag
Economic Complexity (ECI)
: ECI 0.62, Rnk 42 / 146

2019
Flag
Economic Complexity (ECI)
: ECI 0.79, Rnk 38 / 146

2019
Flag  
GDP
: $377B, CURRENT US$
Rnk 32 / 187

2009-2019
Flag
GDP GROWTH
: 114%, CURRENT US$
Rnk 24 / 187

2019
Flag
 GDP
: $403B, CURRENT US$
Rnk 29 / 187

2009-2019
Flag
GDP GROWTH
: 4.44%, CURRENT US$
Rnk 170 / 187

2019
Flag
GDP PC 
: $3,485, CURRENT US$
Rnk 125 / 187

2009-2019
Flag
GDP PC GROWTH
: 82.9%, CURRENT US$
Rnk 26 / 187

2019
Flag
GDP PC
: $75,420, CURRENT US$
Rnk 6 / 187

2009-2019
Flag
GDP PC GROWTH
: -5.7%, CURRENT US$
Rnk 170 / 187

Philippines-Norway In 2019, Philippines exported $54.6M to Norway. The main products that Philippines exported to Norway are Office Machine Parts ($7.5M), Integrated Circuits ($4.95M), and Other Domestic Electric Housewares ($3.33M). During the last 24 years the exports of Philippines to Norway have increased at an annualized rate of 4.51%, from $18.9M in 1995 to $54.6M in 2019.

In 2019, Philippines did not export any services to Norway.

Norway-Philippines In 2019, Norway exported $43.6M to Philippines . The main products that Norway exported to Philippines were Non-fillet Frozen Fish ($10.1M), Mixed Mineral or Chemical Fertilizers ($6.57M), and Nitrogenous Fertilizers ($3.18M). During the last 24 years the exports of Norway to Philippines have increased at an annualized rate of 6.83%, from $8.93M in 1995 to $43.6M in 2019.

In 2019, Norway did not export any services to Philippines.

Comparison In 2019,  Philippines ranked 42 in the Economic Complexity Index (ECI 0.62), and 39 in total exports ($86.6B). That same year, Norway ranked 38 in the Economic Complexity Index (ECI 0.79), and 35 in total exports ($109B).

Historical Data

#permalink to section

Bilateral Trade by Products

#permalink to section
Depth
Value
Compare to

In 2019, Philippines exported $54.6M to Norway. The main products exported from Philippines to Norway were Office Machine Parts ($7.5M), Integrated Circuits ($4.95M), and Other Domestic Electric Housewares ($3.33M). During the last 24 years the exports of Philippines to Norway have increased at an annualized rate of 4.51%, from $18.9M in 1995 to $54.6M in 2019.

In 2019, Norway exported $43.6M to Philippines. The main products exported from Norway to Philippines were Non-fillet Frozen Fish ($10.1M), Mixed Mineral or Chemical Fertilizers ($6.57M), and Nitrogenous Fertilizers ($3.18M). During the last 24 years the exports of Norway to Philippines have increased at an annualized rate of 6.83%, from $8.93M in 1995 to $43.6M in 2019.

Philippines Exports

#permalink to section

Norway Exports

#permalink to section

Market Competitiveness

#permalink to section
Measure

Philippines
Top Destination
: China, $13.6B

Norway
Top Destination
: United Kingdom, $20B

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

In 2019, countries that imported more from Philippines than Norway were Hong Kong ($9.97B), Japan ($10.8B), and China ($13.6B).

In 2019, countries that imported more from Norway than Philippines were United Kingdom ($20B), Germany ($15.5B), and Sweden ($10.1B).

Comparative Advantage Philippines - Norway

#permalink to section
Depth

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

During 2019, Philippines had a large net trade with Norway in the exports of Machines ($30.2M), Textiles ($6.98M), and Animal Hides ($3.74M).

During 2019, Norway had a large net trade with Philippines in the exports of Chemical Products ($18.1M), Animal Products ($15.7M), and Machines ($4.91M).

Tariff Section

#permalink to section

This section shows import tariffs for products traded between Philippines and Norway (using the HS6 product classification and the last year reported).

In 2018, the products from Philippines that paid the highest import tariffs to enter Norway were Sugars: cane sugar, raw, in solid form, as specified in Subheading Note 2 to this chapter, not containing added flavouring or colouring matter (65%) and Sugars: cane sugar, raw, in solid form, other than as specified in Subheading Note 2 to this chapter, not containing added flavouring or colouring matter (65%).

In 2018, the products from Norway that paid the highest import tariffs to enter Philippines were Poultry: live, turkeys, weighing not more than 185g (555%) and Poultry: live, ducks, weighing not more than 185g (555%).

*The tariffs present between Philippines and Norway are:
136: Most Favoured Nation duty rate treatement

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Philippines has comparative advantage over Norway. Similarly, the more red a dot/product is, the more Norway has comparative advantage over Philippines.