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Pricing

2023
Flag → Flag
Exports $4.68MRnk 99 / 201
2023
Flag → Flag
Top Product $740kElectrical Transformers
2023
Flag → Flag
Exports $7.54MRnk 55 / 163
2023
Flag → Flag
Top Product $2.68MCoconut and Other Vegetable Fibers
2023
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.13Rnk 116 / 132
2023
Flag  
GDP$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH54%CURRENT US$
Rnk 67 / 195
2023
Flag
 GDP$79.1BCURRENT US$
Rnk 79 / 195
2013-2023
Flag
GDP GROWTH73.2%CURRENT US$
Rnk 37 / 195
2023
Flag
GDP PC $3,805CURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP PC GROWTH36.8%CURRENT US$
Rnk 65 / 195
2023
Flag
GDP PC$1,224CURRENT US$
Rnk 174 / 196
2013-2023
Flag
GDP PC GROWTH27.1%CURRENT US$
Rnk 83 / 195

About

Philippines-Tanzania Trade: In 2023, Philippines exported $4.68M to Tanzania. The main products that Philippines exported to Tanzania were Electrical Transformers ($740k), Office Machine Parts ($579k), and Broadcasting Equipment ($396k). Over the past 5 years the exports of Philippines to Tanzania have decreased at an annualized rate of 2.67%, from $5.36M in 2018 to $4.68M in 2023.

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

Tanzania-Philippines Trade: In 2023, Tanzania exported $7.54M to Philippines. The main products that Tanzania exported to Philippines were Coconut and Other Vegetable Fibers ($2.68M), Raw Tobacco ($1.49M), and Jute and Other Textile Fibers ($1.44M). Over the past 5 years the exports of Tanzania to Philippines have increased at an annualized rate of 0.77%,  from $7.26M in 2018 to $7.54M in 2023.

In 2023, Tanzania 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, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.13), and 99 in total exports ($11.3B).

Latest Trends

July, 2024

About

Overview In July 2024, Philippines exported $98.4k and imported $1.36M from Tanzania, resulting in a negative trade balance of $1.26M. Between July 2023 and July 2024 the exports of Philippines have decreased by $-369k (-79%) from $468k to $98.4k, while imports increased by $1.24M (1.01k%) from $122k to $1.36M.

Trade In July 2024, the top exports of Philippines to Tanzania were Activated Carbon ($43.6k), Cigarette Paper ($39.8k), and Other Edible Preparations ($6.48k). In July 2024 the top imports of Philippines from Tanzania were Raw Tobacco ($256k) and Coconut and Other Vegetable Fibers ($180k).

Growth In July 2024, the decrease in Philippines's year-by-year exports to Tanzania was explained primarily by an decrease in product exports in . In July 2024, the increase in Philippines's year-by-year imports  from Tanzania was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)$-369k(-79%)
IMPORT GROWTH (July 2023 - July 2024)$1.24M(1.01k%)

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 Tanzania and Philippines trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Tanzania and Philippines Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Philippines exported $4.68M to Tanzania. The main products exported from Philippines to Tanzania were Electrical Transformers ($740k), Office Machine Parts ($579k), and Broadcasting Equipment ($396k). During the last 5 years the exports of Philippines to Tanzania have decreased at an annualized rate of 2.67%, from $5.36M in 2018 to $4.68M in 2023.

In 2018, Tanzania exported $7.54M to Philippines. The main products exported from Tanzania to Philippines were Coconut and Other Vegetable Fibers ($2.68M), Raw Tobacco ($1.49M), and Jute and Other Textile Fibers ($1.44M). During the last 5 years the exports of Tanzania to Philippines have increased at an annualized rate of 0.77%, from $7.26M in 2023 to $7.54M in 2018.

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

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

Market Competitiveness

Color
Philippines
Top DestinationChina$19B
Tanzania
Top DestinationIndia$1.74B

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

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

In 2023, countries that imported more from Tanzania than Philippines included Uganda ($1.35B), South Africa ($1.15B), and United Arab Emirates ($1.62B).

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

Comparative Advantage Philippines - Tanzania

Flow
Scale

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

During 2023, Philippines had a large net trade with Tanzania in the exports of Machines ($3.08M), Foodstuffs ($569k), and Textiles ($316k).

During 2018, Tanzania had a large net trade with Philippines in the exports of Textiles ($4.32M), Foodstuffs ($1.49M), and Animal Products ($1.02M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Tanzania+$1.7MElectrical Transformers
Top Product Potential Tanzania Philippines+$277kTwine and Rope

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

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

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