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Pricing

2022
Flag → Flag
Exports $3.08BRnk 11 / 205
2022
Flag → Flag
Top Product $1.64BIntegrated Circuits
2022
Flag → Flag
Exports $7.53BRnk 14 / 210
2022
Flag → Flag
Top Product $3.77BIntegrated Circuits
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.94Rnk 3 / 133
2022
Flag  
GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
GDP PC $3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186

About

Philippines-Chinese Taipei Trade: In 2022, Philippines exported $3.08B to Chinese Taipei. The main products that Philippines exported to Chinese Taipei were Integrated Circuits ($1.64B), Office Machine Parts ($257M), and Semiconductor Devices ($98.3M). Over the past 5 years the exports of Philippines to Chinese Taipei have decreased at an annualized rate of 2.28%, from $3.46B in 2017 to $3.08B in 2022.

In 2022, Philippines did not export any services to Chinese Taipei.

Chinese Taipei-Philippines Trade: In 2022, Chinese Taipei exported $7.53B to Philippines. The main products that Chinese Taipei exported to Philippines were Integrated Circuits ($3.77B), Refined Petroleum ($1.16B), and Semiconductor Devices ($148M). Over the past 5 years the exports of Chinese Taipei to Philippines have decreased at an annualized rate of 6.09%,  from $10.3B in 2017 to $7.53B in 2022.

In 2022, Chinese Taipei 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, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Latest Trends

August, 2024

About

Overview In August 2024, Philippines exported $250M and imported $328M from Chinese Taipei, resulting in a negative trade balance of $78.1M. Between August 2023 and August 2024 the exports of Philippines have increased by $12.9M (5.44%) from $237M to $250M, while imports decreased by $-120M (-26.8%) from $448M to $328M.

Trade In August 2024, the top exports of Philippines to Chinese Taipei were Integrated Circuits ($75.1M), Commodities not elsewhere specified ($49M), Oscilloscopes ($13.6M), Computers ($12.6M), and Acyclic Alcohols ($2.63M). In August 2024 the top imports of Philippines from Chinese Taipei were Integrated Circuits ($216M), Commodities not elsewhere specified ($101M), Refined Petroleum ($11.7M), Semiconductor Devices ($6.43M), and Disc Chemicals for Electronics ($5.55M).

Growth In August 2024, the increase in Philippines's year-by-year exports to Chinese Taipei was explained primarily by an increase in product exports in Commodities not elsewhere specified ($12.2M or 33.3%), Computers ($6.03M or 91.5%), and Acyclic Alcohols ($2.57M or 4.04k%). In August 2024, the decrease in Philippines's year-by-year imports  from Chinese Taipei was explained primarily by an decrease in product imports  in Refined Petroleum ($-69M or -85.5%), Integrated Circuits ($-28.6M or -11.7%), and Commodities not elsewhere specified ($-15.1M or -13%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$12.9M(5.44%)
IMPORT GROWTH (August 2023 - August 2024)$-120M(-26.8%)

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 Chinese Taipei and Philippines trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Chinese Taipei and Philippines Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $3.08B to Chinese Taipei. The main products exported from Philippines to Chinese Taipei were Integrated Circuits ($1.64B), Office Machine Parts ($257M), and Semiconductor Devices ($98.3M). During the last 5 years the exports of Philippines to Chinese Taipei have decreased at an annualized rate of 2.28%, from $3.46B in 2017 to $3.08B in 2022.

In 2017, Chinese Taipei exported $7.53B to Philippines. The main products exported from Chinese Taipei to Philippines were Integrated Circuits ($3.77B), Refined Petroleum ($1.16B), and Semiconductor Devices ($148M). During the last 5 years the exports of Chinese Taipei to Philippines have decreased at an annualized rate of 6.09%, from $10.3B in 2022 to $7.53B in 2017.

Exports from Philippines (Flag) to Chinese Taipei (Flag) (2022)

Exports from Chinese Taipei (Flag) to Philippines (Flag) (2022)

Market Competitiveness

Color
Philippines
Top DestinationUnited States$15.5B
Chinese Taipei
Top DestinationChina$121B

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

In 2022, countries that imported more from Philippines than Chinese Taipei included Switzerland ($4.1B), Brunei ($138M), and Curaçao ($38.3M).

In 2022, countries that imported more from Chinese Taipei than Philippines included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

Difference in imports from Chinese Taipei (Flag) and Philippines (Flag) (2022)

Comparative Advantage Philippines - Chinese Taipei

Flow
Scale

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

During 2022, Philippines had a large net trade with Chinese Taipei in the exports of Machines ($2.4B), Metals ($187M), and Instruments ($135M).

During 2017, Chinese Taipei had a large net trade with Philippines in the exports of Machines ($4.64B), Mineral Products ($1.2B), and Metals ($456M).

Economic Complexity

Competitive Landscape

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

Product Space of Philippines (Flag) and Chinese Taipei (Flag) (2022)

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