2022
Flag  
GDP
$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH
54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
 GDP
$984MCURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP GROWTH
31.5%CURRENT US$
Rnk 95 / 186
2022
Flag
GDP PC 
$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH
30.9%CURRENT US$
Rnk 61 / 186
2022
Flag
GDP PC
$3,010CURRENT US$
Rnk 134 / 186
2012-2022
Flag
GDP PC GROWTH
3.58%CURRENT US$
Rnk 133 / 186

About

Philippines-Vanuatu Trade: In 2022, Philippines exported $523k to Vanuatu. The main products that Philippines exported to Vanuatu were Baked Goods ($323k), Rubber Footwear ($215k), and Electric Batteries ($158k). Over the past 5 years the exports of Philippines to Vanuatu have increased at an annualized rate of 22.5%, from $189k in 2017 to $523k in 2022.

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

Vanuatu-Philippines Trade: In 2022, Vanuatu exported $18.2M to Philippines. The main products that Vanuatu exported to Philippines were Copra ($8.59M), Non-fillet Frozen Fish ($4.34M), and Other Edible Preparations ($411). Over the past 5 years the exports of Vanuatu to Philippines have increased at an annualized rate of 702%,  from $547 in 2017 to $18.2M in 2022.

In 2022, Vanuatu 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, Vanuatu ranked 186 in total exports ($205M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $523k to Vanuatu. The main products exported from Philippines to Vanuatu were Baked Goods ($323k), Rubber Footwear ($215k), and Electric Batteries ($158k). During the last 5 years the exports of Philippines to Vanuatu have increased at an annualized rate of 22.5%, from $189k in 2017 to $523k in 2022.

In 2017, Vanuatu exported $18.2M to Philippines. The main products exported from Vanuatu to Philippines were Copra ($8.59M), Non-fillet Frozen Fish ($4.34M), and Other Edible Preparations ($411). During the last 14 years the exports of Vanuatu to Philippines have increased at an annualized rate of 702%, from $547 in 2003 to $18.2M in 2017.

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

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

Market Competitiveness

Color
Philippines
Top Destination
United States$15.5B
Vanuatu
Top Destination
Thailand$86.1M

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

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

In 2022, countries that imported more from Vanuatu than Philippines included Fiji ($6.36M).

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

Comparative Advantage Philippines - Vanuatu

Flow
Scale

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

During 2022, Philippines had a large net trade with Vanuatu in the exports of Foodstuffs ($797k), Footwear and Headwear ($215k), and Machines ($158k).

During 2017, Vanuatu had a large net trade with Philippines in the exports of Vegetable Products ($8.59M), Animal Products ($4.34M), and Foodstuffs ($411).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Vanuatu+N/AN/A
Top Product Potential Vanuatu Philippines+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

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

Product Space of Philippines (Flag) and Vanuatu (Flag) (2022)

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