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Pricing

2022
Flag → Flag
Exports $125MRnk 36 / 205
2022
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Top Product $38.8MIntegrated Circuits
2022
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Exports $198MRnk 65 / 217
2022
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Top Product $41.9MSawn Wood
2022
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Economic Complexity (ECI) ECI 0.63Rnk 38 / 124
2022
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Economic Complexity (ECI) ECI 1.5Rnk 7 / 124
2022
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GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
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GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
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 GDP$586BCURRENT US$
Rnk 23 / 186
2012-2022
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GDP GROWTH6.06%CURRENT US$
Rnk 151 / 186
2022
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GDP PC $3,499CURRENT US$
Rnk 129 / 186
2012-2022
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GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186
2022
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GDP PC$55,873CURRENT US$
Rnk 13 / 186
2012-2022
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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 38 in the Economic Complexity Index (ECI 0.63), and 40 in total exports ($110B). That same year, Sweden ranked 7 in the Economic Complexity Index (ECI 1.5), and 33 in total exports ($194B).

Latest Trends

August, 2021

About

Overview In August 2021, Philippines exported $4.49M and imported $17.1M from Sweden, resulting in a negative trade balance of $12.6M. Between August 2020 and August 2021 the exports of Philippines have increased by $2.85M (174%) from $1.64M to $4.49M, while imports increased by $10.6M (166%) from $6.43M to $17.1M.

Trade In August 2021, the top exports of Philippines to Sweden were Bicycles, delivery tricycles, other cycles ($820k), Commodities not elsewhere specified ($753k), Processed Fish ($298k), Non-Knit Men's Suits ($227k), and Industrial Printers ($199k). In August 2021 the top imports of Philippines from Sweden were Telephones ($3.04M), Packaged Medicaments ($1.88M), Other Uncoated Paper ($1.67M), Kaolin Coated Paper ($1.45M), and Sawn Wood ($1.24M).

Growth In August 2021, the increase in Philippines's year-by-year exports to Sweden was explained primarily by an increase in product exports in Commodities not elsewhere specified ($278k or 58.6%), Other Processed Fruits and Nuts ($107k or 288%), and Rubber Tires ($52.7k or 49%). In August 2021, the increase in Philippines's year-by-year imports  from Sweden was explained primarily by an increase in product imports  in Telephones ($1.44M or 89.5%), Electrical Control Boards ($1.03M or 1.75k%), and Sawn Wood ($407k or 48.6%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (August 2020 - August 2021)$2.85M(174%)
IMPORT GROWTH (August 2020 - August 2021)$10.6M(166%)

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 Sweden and Philippines trade dynamics, check the bilateral page.

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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 DestinationUnited States$15.5B
Sweden
Top DestinationGermany$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)

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