Flag Philippines / Russia Flag

2020
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Exports
: $347M, Rnk 24 / 205

2020
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Top Product
: $103M, Office Machine Parts

2020
FlagFlag
Exports
: $576M, Rnk 66 / 187

2020
FlagFlag
Top Product
: $186M, Semi-Finished Iron

2020
Flag
Economic Complexity (ECI)
: ECI 0.58, Rnk 39 / 127

2020
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Economic Complexity (ECI)
: ECI 0.5, Rnk 43 / 127

2020
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GDP
: $362B, CURRENT US$
Rnk 33 / 204

2010-2020
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GDP GROWTH
: 73.6%, CURRENT US$
Rnk 30 / 204

2020
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 GDP
: $1.49T, CURRENT US$
Rnk 11 / 204

2010-2020
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GDP GROWTH
: -2.4%, CURRENT US$
Rnk 168 / 204

2020
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GDP PC 
: $3,301, CURRENT US$
Rnk 140 / 204

2010-2020
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GDP PC GROWTH
: 48.9%, CURRENT US$
Rnk 31 / 204

2020
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GDP PC
: $10,162, CURRENT US$
Rnk 78 / 204

2010-2020
Flag
GDP PC GROWTH
: -4.81%, CURRENT US$
Rnk 157 / 204

Philippines-Russia In 2020, Philippines exported $347M to Russia. The main products that Philippines exported to Russia are Office Machine Parts ($103M), Electrical Transformers ($36.7M), and Integrated Circuits ($32M). During the last 24 years the exports of Philippines to Russia have increased at an annualized rate of 12.6%, from $20.1M in 1996 to $347M in 2020.

In 2020, Philippines did not export any services to Russia.

Russia-Philippines In 2020, Russia exported $576M to Philippines. The main products that Russia exported to Philippines were Semi-Finished Iron ($186M), Crude Petroleum ($154M), and Wheat ($110M). During the last 24 years the exports of Russia to Philippines have increased at an annualized rate of 4.05%, from $222M in 1996 to $576M in 2020.

In 2020, Russia exported services to Philippines worth $15.6M, with Transportation ($4.03M), Travel ($3.83M), and Computer and information services ($3.37M) being the largest in terms of value.

Comparison In 2020,  Philippines ranked 39 in the Economic Complexity Index (ECI 0.58), and 39 in total exports ($79.5B). That same year, Russia ranked 43 in the Economic Complexity Index (ECI 0.5), and 13 in total exports ($330B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Philippines exported $347M to Russia. The main products exported from Philippines to Russia were Office Machine Parts ($103M), Electrical Transformers ($36.7M), and Integrated Circuits ($32M). During the last 24 years the exports of Philippines to Russia have increased at an annualized rate of 12.6%, from $20.1M in 1996 to $347M in 2020.

In 2020, Russia exported $576M to Philippines. The main products exported from Russia to Philippines were Semi-Finished Iron ($186M), Crude Petroleum ($154M), and Wheat ($110M). During the last 24 years the exports of Russia to Philippines have increased at an annualized rate of 4.05%, from $222M in 1996 to $576M in 2020.

Market Competitiveness

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Measure

Philippines
Top Destination
: China, $12.9B

Russia
Top Destination
: China, $49.3B

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

In 2019, countries that imported more from Philippines than Russia were Hong Kong ($10B), Singapore ($6.28B), and Thailand ($2.99B).

In 2019, countries that imported more from Russia than Philippines were China ($49.3B), United Kingdom ($25.3B), and Netherlands ($22.5B).

Comparative Advantage Philippines - Russia

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Flow

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

During 2020, Philippines had a large net trade with Russia in the exports of Machines ($276M), Vegetable Products ($24.5M), and Instruments ($7.47M).

During 2020, Russia had a large net trade with Philippines in the exports of Mineral Products ($207M), Metals ($194M), and Vegetable Products ($111M).

Bilateral Service Trade

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In 2020, Russia exported services to Philippines worth $15.6M, with Transportation ($4.03M), Travel ($3.83M), and Computer and information services ($3.37M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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