2023
Flag  
GDP
$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH
54%CURRENT US$
Rnk 67 / 195
2023
Flag
 GDP
$1.13BCURRENT US$
Rnk 184 / 195
2013-2023
Flag
GDP GROWTH
48.5%CURRENT US$
Rnk 77 / 195
2023
Flag
GDP PC 
$3,805CURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP PC GROWTH
36.8%CURRENT US$
Rnk 65 / 195
2023
Flag
GDP PC
$3,515CURRENT US$
Rnk 138 / 196
2013-2023
Flag
GDP PC GROWTH
18%CURRENT US$
Rnk 108 / 195

About

Philippines-Vanuatu Trade: In 2023, Philippines exported $1.18M to Vanuatu. The main products that Philippines exported to Vanuatu were Coffee and Tea Extracts ($281k), Baked Goods ($226k), and Confectionery Sugar ($100k). Over the past 5 years the exports of Philippines to Vanuatu have increased at an annualized rate of 21.8%, from $440k in 2018 to $1.18M in 2023.

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

Vanuatu-Philippines Trade: In 2023, Vanuatu exported $5.32M to Philippines. The main products that Vanuatu exported to Philippines were Copra ($3.53M), Non-fillet Frozen Fish ($1.72M), and Fish Fillets ($63.2k). Over the past 5 years the exports of Vanuatu to Philippines have decreased at an annualized rate of 7.77%,  from $7.96M in 2018 to $5.32M in 2023.

In 2023, Vanuatu 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, Vanuatu ranked 187 in total exports ($198M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Philippines exported $1.18M to Vanuatu. The main products exported from Philippines to Vanuatu were Coffee and Tea Extracts ($281k), Baked Goods ($226k), and Confectionery Sugar ($100k). During the last 5 years the exports of Philippines to Vanuatu have increased at an annualized rate of 21.8%, from $440k in 2018 to $1.18M in 2023.

In 2018, Vanuatu exported $5.32M to Philippines. The main products exported from Vanuatu to Philippines were Copra ($3.53M), Non-fillet Frozen Fish ($1.72M), and Fish Fillets ($63.2k). During the last 5 years the exports of Vanuatu to Philippines have decreased at an annualized rate of 7.77%, from $7.96M in 2023 to $5.32M in 2018.

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

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

Market Competitiveness

Color
Philippines
Top Destination
China$19B
Vanuatu
Top Destination
Thailand$96M

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

In 2023, countries that imported more from Vanuatu than Philippines included Cote d'Ivoire ($18.8M) and Fiji ($5.75M).

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

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 2023, Philippines had a large net trade with Vanuatu in the exports of Foodstuffs ($926k), Machines ($93k), and Footwear and Headwear ($89.6k).

During 2018, Vanuatu had a large net trade with Philippines in the exports of Vegetable Products ($3.53M) and Animal Products ($1.79M).

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) (2023)

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