2022
Flag  
GDP
$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH
54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
 GDP
$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH
6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
GDP PC 
$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH
30.9%CURRENT US$
Rnk 61 / 186
2022
Flag
GDP PC
$55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH
-3.73%CURRENT US$
Rnk 149 / 186

About

Philippines-Sweden In 2022, Philippines exported $125M to Sweden. The main products that Philippines exported to Sweden are Integrated Circuits ($38.8M), Other Domestic Electric Housewares ($20.8M), and Office Machine Parts ($6.7M). During the last 27 years the exports of Philippines to Sweden have increased at an annualized rate of 4.34%, from $39.8M in 1995 to $125M in 2022.

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

Sweden-Philippines In 2022, Sweden exported $198M to Philippines. The main products that Sweden exported to Philippines were Sawn Wood ($41.9M), Other Uncoated Paper ($21.4M), and Documents of title (bonds etc) and unused stamps ($8.52M). During the last 27 years the exports of Sweden to Philippines have increased at an annualized rate of 2.92%, from $91M in 1995 to $198M in 2022.

In 2020, Sweden exported services to Philippines worth $199M, with Computer and information services ($115M), Personal, cultural, and recreational services ($76.8M), and Other business services ($2.51M) being the largest in terms of value.

Comparison In 2022,  Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B). That same year, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $125M to Sweden. The main products exported from Philippines to Sweden were Integrated Circuits ($38.8M), Other Domestic Electric Housewares ($20.8M), and Office Machine Parts ($6.7M). During the last 27 years the exports of Philippines to Sweden have increased at an annualized rate of 4.34%, from $39.8M in 1995 to $125M in 2022.

In 2022, Sweden exported $198M to Philippines. The main products exported from Sweden to Philippines were Sawn Wood ($41.9M), Other Uncoated Paper ($21.4M), and Documents of title (bonds etc) and unused stamps ($8.52M). During the last 27 years the exports of Sweden to Philippines have increased at an annualized rate of 2.92%, from $91M in 1995 to $198M in 2022.

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

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

Market Competitiveness

Color
Philippines
Top Destination
United States$15.5B
Sweden
Top Destination
Germany$19.2B

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

In 2021, countries that imported more from Philippines than Sweden were Hong Kong ($12.6B), Japan ($11.3B), and China ($15.3B).

In 2021, countries that imported more from Sweden than Philippines were Norway ($18.7B), Denmark ($14.6B), and Germany ($19.2B).

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

Comparative Advantage Philippines - Sweden

Flow
Scale

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

During 2022, Philippines had a large net trade with Sweden in the exports of Machines ($82.8M), Foodstuffs ($14M), and Transportation ($7.02M).

During 2022, Sweden had a large net trade with Philippines in the exports of Machines ($52.4M), Paper Goods ($44.3M), and Wood Products ($42.1M).

Service Trade

Bilateral Service Trade

In 2020, Sweden exported services to Philippines worth $199M, with Computer and information services ($115M), Personal, cultural, and recreational services ($76.8M), and Other business services ($2.51M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Sweden (Flag) to Philippines (Flag) (2020)

Economic Complexity

Competitive Landscape

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 Sweden. Similarly, the more yellow a dot/product is, the more Sweden has comparative advantage over Philippines.

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

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with