2023
Flag  
GDP
$437BCURRENT US$
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2013-2023
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GDP GROWTH
54%CURRENT US$
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2023
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 GDP
$62.3MCURRENT US$
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2013-2023
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GDP GROWTH
61.3%CURRENT US$
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2023
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GDP PC 
$3,805CURRENT US$
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2013-2023
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GDP PC GROWTH
36.8%CURRENT US$
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2023
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GDP PC
$6,345CURRENT US$
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2013-2023
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GDP PC GROWTH
80.8%CURRENT US$
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About

Philippines-Tuvalu Trade: In 2023, Philippines exported $39.1k to Tuvalu. The main products that Philippines exported to Tuvalu were Baked Goods ($8.87k), Flavored Water ($7.36k), and Other Processed Vegetables ($3.01k). Over the past 5 years the exports of Philippines to Tuvalu have increased at an annualized rate of 279%, from $50 in 2018 to $39.1k in 2023.

In 2023, Philippines did not export any services to Tuvalu.

Tuvalu-Philippines Trade: In 2023, Tuvalu exported $1.37M to Philippines. The main products that Tuvalu exported to Philippines were Non-fillet Frozen Fish ($1.37M). Over the past 5 years the exports of Tuvalu to Philippines have decreased at an annualized rate of 24.8%,  from $5.68M in 2018 to $1.37M in 2023.

In 2023, Tuvalu did not export any services to Philippines.

Comparison In 2023,  Philippines ranked 40 in the Economic Complexity Index (ECI 0.64),  and 42 in total exports ($101B). That same year, Tuvalu ranked 204 in total exports ($52.3M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Philippines exported $39.1k to Tuvalu. The main products exported from Philippines to Tuvalu were Baked Goods ($8.87k), Flavored Water ($7.36k), and Other Processed Vegetables ($3.01k). During the last 5 years the exports of Philippines to Tuvalu have increased at an annualized rate of 279%, from $50 in 2018 to $39.1k in 2023.

In 2018, Tuvalu exported $1.37M to Philippines. The main products exported from Tuvalu to Philippines were Non-fillet Frozen Fish ($1.37M). During the last 5 years the exports of Tuvalu to Philippines have decreased at an annualized rate of 24.8%, from $5.68M in 2023 to $1.37M in 2018.

Exports from Philippines (Flag) to Tuvalu (Flag) (2023)

Exports from Tuvalu (Flag) to Philippines (Flag) (2023)

Market Competitiveness

Color
Philippines
Top Destination
China$19B
Tuvalu
Top Destination
Thailand$45.9M

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

In 2023, countries that imported more from Philippines than Tuvalu included China ($19B), United States ($13.3B), and Hong Kong ($11.7B).

In 2023, no countries were registered that imported more from Tuvalu than from Philippines.

Difference in imports from Tuvalu (Flag) and Philippines (Flag) (2023)

Comparative Advantage Philippines - Tuvalu

Flow
Scale

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

During 2023, Philippines had a large net trade with Tuvalu in the exports of Foodstuffs ($32k), Chemical Products ($4.4k), and Paper Goods ($1.53k).

During 2018, Tuvalu had a large net trade with Philippines in the exports of Animal Products ($1.37M).

Economic Complexity

Competitive Landscape

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

Product Space of Philippines (Flag) and Tuvalu (Flag) (2023)

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