Philippines (PHL) and Vanuatu (VUT) Trade | OEC - The Observatory of Economic Complexity

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Philippines-Vanuatu In 2021, Philippines exported $1.46M to Vanuatu. The main products that Philippines exported to Vanuatu are Aircraft Parts ($440k), Rubber Footwear ($356k), and Baked Goods ($235k). During the last 25 years the exports of Philippines to Vanuatu have increased at an annualized rate of 8.5%, from $189k in 1996 to $1.46M in 2021.

In 2021, Philippines did not export any services to Vanuatu.

Vanuatu-Philippines In 2021, Vanuatu exported $10.2M to Philippines. The main products that Vanuatu exported to Philippines were Copra ($8.05M), Video Displays ($1.1M), and Non-fillet Frozen Fish ($555k). During the last 25 years the exports of Vanuatu to Philippines have increased at an annualized rate of 48.2%, from $547 in 1996 to $10.2M in 2021.

In 2021, Vanuatu did not export any services to Philippines.

Comparison In 2021, Philippines ranked 37 in the Economic Complexity Index (ECI 0.72), and 41 in total exports ($93.7B). That same year, Vanuatu ranked 177 in total exports ($270M), and does not have data regarding Economic Complexity Index.

Latest Trends

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August, 2021

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Overview In August 2021, Philippines exported $10.9k and imported $2.55k from Vanuatu, resulting in a positive trade balance of $8.31k. Between August 2020 and August 2021 the exports of Philippines have decreased by $-27.1k (-71.4%) from $37.9k to $10.9k, while imports decreased by $-713k (-99.6%) from $716k to $2.55k.

Trade In August 2021, the top exports of Philippines to Vanuatu were Rubber Footwear ($37k) and Prepared Cereals ($4.73k). In August 2021 the top imports of Philippines from Vanuatu were Copra ($801k).

Growth In August 2021, the decrease in Philippines's year-by-year exports to Vanuatu was explained primarily by an decrease in product exports in . In July 2021, the decrease in Philippines's year-by-year imports from Vanuatu was explained primarily by an decrease in product imports in .

Latest Trade

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Flow

Time Scale

Depth

Value

EXPORT GROWTH (August 2020 - August 2021): $-27.1k, (-71.4%)

IMPORT GROWTH (July 2020 - July 2021): $-713k, (-99.6%)

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 Vanuatu and Philippines trade dynamics, check the bilateral page.

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Historical Data

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Bilateral Trade by Products

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Depth

Value

Year

In 2021, Philippines exported $1.46M to Vanuatu. The main products exported from Philippines to Vanuatu were Aircraft Parts ($440k), Rubber Footwear ($356k), and Baked Goods ($235k). During the last 25 years the exports of Philippines to Vanuatu have increased at an annualized rate of 8.5%, from $189k in 1996 to $1.46M in 2021.

In 2021, Vanuatu exported $10.2M to Philippines. The main products exported from Vanuatu to Philippines were Copra ($8.05M), Video Displays ($1.1M), and Non-fillet Frozen Fish ($555k). During the last 18 years the exports of Vanuatu to Philippines have increased at an annualized rate of 48.2%, from $547 in 2003 to $10.2M in 2021.

Market Competitiveness

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Color

SectionYear

Philippines
Top Destination: China, $15.1B

Vanuatu
Top Destination: Thailand, $145M

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 2021, countries that imported more from Philippines than Vanuatu were China ($15.1B), United States ($13.3B), and Japan ($11.5B).

In 2021, countries that imported more from Vanuatu than Philippines were Cyprus ($14.7M) and Fiji ($5.95M).

Comparative Advantage Philippines - Vanuatu

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Flow

Scale

Year

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

During 2021, Philippines had a large net trade with Vanuatu in the exports of Foodstuffs ($516k), Transportation ($441k), and Footwear and Headwear ($357k).

During 2021, Vanuatu had a large net trade with Philippines in the exports of Vegetable Products ($8.05M), Machines ($1.45M), and Animal Products ($555k).

Economic Complexity

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Competitive Landscape

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Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Philippines has comparative advantage over Vanuatu. Similarly, the more yellow a dot/product is, the more Vanuatu has comparative advantage over Philippines.

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Latest Trends

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Latest Trade

Historical Data

Bilateral Trade by Products

Market Competitiveness

Comparative Advantage Philippines - Vanuatu

Economic Complexity

Competitive Landscape

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