2022
Flag  
GDP
$404BCURRENT US$
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2012-2022
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GDP GROWTH
54.4%CURRENT US$
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2022
Flag
 GDP
$60.3MCURRENT US$
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2012-2022
Flag
GDP GROWTH
53.4%CURRENT US$
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2022
Flag
GDP PC 
$3,499CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
30.9%CURRENT US$
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2022
Flag
GDP PC
$5,335CURRENT US$
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2012-2022
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GDP PC GROWTH
47.2%CURRENT US$
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About

Philippines-Tuvalu Trade: In 2022, Philippines exported $31.7k to Tuvalu. The main products that Philippines exported to Tuvalu were Prepared Cereals ($7.14k), Other Processed Vegetables ($1.27k), and Baked Goods ($1.12k). Over the past 5 years the exports of Philippines to Tuvalu have increased at an annualized rate of 8.27%, from $21.3k in 2017 to $31.7k in 2022.

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

Tuvalu-Philippines Trade: In 2022, Tuvalu exported $198 to Philippines. The main products that Tuvalu exported to Philippines were Non-fillet Frozen Fish ($3.2M). Over the past 5 years the exports of Tuvalu to Philippines have decreased at an annualized rate of 72.8%,  from $132k in 2017 to $198 in 2022.

In 2022, Tuvalu 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, Tuvalu ranked 198 in total exports ($72.1M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $31.7k to Tuvalu. The main products exported from Philippines to Tuvalu were Prepared Cereals ($7.14k), Other Processed Vegetables ($1.27k), and Baked Goods ($1.12k). During the last 5 years the exports of Philippines to Tuvalu have increased at an annualized rate of 8.27%, from $21.3k in 2017 to $31.7k in 2022.

In 2004, Tuvalu exported $198 to Philippines. The main products exported from Tuvalu to Philippines were Non-fillet Frozen Fish ($3.2M). During the last 4 years the exports of Tuvalu to Philippines have decreased at an annualized rate of 72.8%, from $132k in 2000 to $198 in 2004.

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

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

Market Competitiveness

Color
Philippines
Top Destination
United States$15.5B
Tuvalu
Top Destination
Thailand$50M

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

In 2022, countries that imported more from Tuvalu than Philippines included Croatia ($15.1M).

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

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 2022, Philippines had a large net trade with Tuvalu in the exports of Foodstuffs ($9.53k).

During 2004, Tuvalu had a large net trade with Philippines in the exports of Animal Products ($3.2M).

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) (2022)

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