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Pricing

2022
Flag → Flag
Exports $3.15MRnk 115 / 205
2022
Flag → Flag
Top Product $812kCement
2022
Flag → Flag
Exports $157MRnk 29 / 38
2022
Flag → Flag
Top Product $532Other Mineral
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag  
GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
GDP PC $3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186

About

Philippines-Palau Trade: In 2022, Philippines exported $3.15M to Palau. The main products that Philippines exported to Palau were Cement ($812k), Baked Goods ($468k), and Packaged Medicaments ($409k). Over the past 5 years the exports of Philippines to Palau have decreased at an annualized rate of 13.5%, from $6.51M in 2017 to $3.15M in 2022.

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

Palau-Philippines In N/A, Palau did not export any products to Philippines.

In 2022, Palau 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, Palau ranked 219 in total exports ($7.75M), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

About

Overview In August 2024, Philippines exported $587k and imported $38 from Palau, resulting in a positive trade balance of $587k. Between August 2023 and August 2024 the exports of Philippines have increased by $227k (63.2%) from $360k to $587k, while imports decreased by $-411 (-91.5%) from $449 to $38.

Trade In August 2024, the top exports of Philippines to Palau were Cement ($64.8k), Flavored Water ($31.3k), Plastic Housewares ($19.1k), Medical Instruments ($15.2k), and Baked Goods ($12.6k). In August 2024 the top imports of Philippines from Palau were .

Growth In August 2024, the increase in Philippines's year-by-year exports to Palau was explained primarily by an increase in product exports in Flavored Water ($23.4k or 299%). In June 2024, the decrease in Philippines's year-by-year imports  from Palau was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$227k(63.2%)
IMPORT GROWTH (June 2023 - June 2024)$-411(-91.5%)

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 Palau and Philippines trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Palau and Philippines Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $3.15M to Palau. The main products exported from Philippines to Palau were Cement ($812k), Baked Goods ($468k), and Packaged Medicaments ($409k). During the last 5 years the exports of Philippines to Palau have decreased at an annualized rate of 13.5%, from $6.51M in 2017 to $3.15M in 2022.

Palau does not register exports to Philippines. The main products exported from Palau to Philippines were Other Mineral ($532), Pastes and Waxes ($256), and Eyewear Frames ($249).

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

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

Market Competitiveness

Color
Philippines
Top DestinationUnited States$15.5B
Palau
Top DestinationGreece$2.11M

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

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

In 2022, no countries were registered that imported more from Palau than from Philippines.

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

Comparative Advantage Philippines - Palau

Flow
Scale

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

During 2022, Philippines had a large net trade with Palau in the exports of Foodstuffs ($1.01M), Mineral Products ($812k), and Chemical Products ($604k).

Economic Complexity

Competitive Landscape

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

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

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