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Pricing

2022
Flag → Flag
Exports $1.21MRnk 133 / 205
2022
Flag → Flag
Top Product $323kBaked Goods
2022
Flag → Flag
Exports $12.9MRnk 4 / 66
2022
Flag → Flag
Top Product $8.59MCopra
2022
Flag
Economic Complexity (ECI) ECI 0.63Rnk 38 / 124
2022
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GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
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GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
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 GDP$984MCURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP GROWTH31.5%CURRENT US$
Rnk 95 / 186
2022
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GDP PC $3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186
2022
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GDP PC$3,010CURRENT US$
Rnk 134 / 186
2012-2022
Flag
GDP PC GROWTH3.58%CURRENT US$
Rnk 133 / 186

About

Philippines-Vanuatu In 2022, Philippines exported $1.21M to Vanuatu. The main products that Philippines exported to Vanuatu are Baked Goods ($323k), Rubber Footwear ($215k), and Electric Batteries ($158k). During the last 26 years the exports of Philippines to Vanuatu have increased at an annualized rate of 7.4%, from $189k in 1996 to $1.21M in 2022.

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

Vanuatu-Philippines In 2022, Vanuatu exported $12.9M 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). During the last 26 years the exports of Vanuatu to Philippines have increased at an annualized rate of 47.3%, from $547 in 1996 to $12.9M in 2022.

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

Comparison In 2022,  Philippines ranked 38 in the Economic Complexity Index (ECI 0.63),  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.

Latest Trends

August, 2021

About

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

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.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $1.21M to Vanuatu. The main products exported from Philippines to Vanuatu were Baked Goods ($323k), Rubber Footwear ($215k), and Electric Batteries ($158k). During the last 26 years the exports of Philippines to Vanuatu have increased at an annualized rate of 7.4%, from $189k in 1996 to $1.21M in 2022.

In 2022, Vanuatu exported $12.9M 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 19 years the exports of Vanuatu to Philippines have increased at an annualized rate of 47.3%, from $547 in 2003 to $12.9M in 2022.

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

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

Market Competitiveness

Color
Philippines
Top DestinationUnited States$15.5B
Vanuatu
Top DestinationThailand$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 2021, countries that imported more from Philippines than Vanuatu were United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

In 2021, countries that imported more from Vanuatu than Philippines were 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 2022, Vanuatu had a large net trade with Philippines in the exports of Vegetable Products ($8.59M), Animal Products ($4.34M), and Foodstuffs ($411).

Economic Complexity

Competitive Landscape

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.

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

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