2022
Flag  
GDP
$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH
54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
 GDP
$20.7BCURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP GROWTH
20.8%CURRENT US$
Rnk 121 / 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
$1,267CURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP PC GROWTH
-1.8%CURRENT US$
Rnk 147 / 186

About

Philippines-Zimbabwe Trade: In 2022, Philippines exported $52.3k to Zimbabwe. The main products that Philippines exported to Zimbabwe were Iron Structures ($46.3k), Other Office Machines ($2.85k), and Office Machine Parts ($1.19k). Over the past 5 years the exports of Philippines to Zimbabwe have decreased at an annualized rate of 48.2%, from $1.4M in 2017 to $52.3k in 2022.

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

Zimbabwe-Philippines Trade: In 2022, Zimbabwe exported $2.52M to Philippines. The main products that Zimbabwe exported to Philippines were Raw Tobacco ($2.25M), Veneer Sheets ($255k), and Trunks and Cases ($4.21k). Over the past 5 years the exports of Zimbabwe to Philippines have increased at an annualized rate of 23.7%,  from $869k in 2017 to $2.52M in 2022.

In 2022, Zimbabwe 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, Zimbabwe ranked 99 in the Economic Complexity Index (ECI -0.74), and 109 in total exports ($8.41B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $52.3k to Zimbabwe. The main products exported from Philippines to Zimbabwe were Iron Structures ($46.3k), Other Office Machines ($2.85k), and Office Machine Parts ($1.19k). During the last 5 years the exports of Philippines to Zimbabwe have decreased at an annualized rate of 48.2%, from $1.4M in 2017 to $52.3k in 2022.

In 2017, Zimbabwe exported $2.52M to Philippines. The main products exported from Zimbabwe to Philippines were Raw Tobacco ($2.25M), Veneer Sheets ($255k), and Trunks and Cases ($4.21k). During the last 5 years the exports of Zimbabwe to Philippines have increased at an annualized rate of 23.7%, from $869k in 2022 to $2.52M in 2017.

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

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

Market Competitiveness

Color
Philippines
Top Destination
United States$15.5B
Zimbabwe
Top Destination
United Arab Emirates$4.78B

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

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

In 2022, countries that imported more from Zimbabwe than Philippines included United Arab Emirates ($4.78B), South Africa ($1.47B), and Mozambique ($191M).

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

Comparative Advantage Philippines - Zimbabwe

Flow
Scale

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

During 2022, Philippines had a large net trade with Zimbabwe in the exports of Metals ($46.3k), Machines ($4.17k), and Instruments ($1.16k).

During 2017, Zimbabwe had a large net trade with Philippines in the exports of Foodstuffs ($2.25M), Wood Products ($255k), and Animal Hides ($4.21k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Zimbabwe+$3.85kGold
Top Product Potential Zimbabwe Philippines+$4.88kGold

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 Zimbabwe. This means that a dot/product with the flag of Philippines indicates it has a comparative advantage over Zimbabwe. Similarly, a dot/product with the flag of Zimbabwe indicates it has a comparative advantage over Philippines.

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

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