Flag Russia / Philippines Flag

2021
FlagFlag
Exports
: $560M, Rnk 69 / 192

2021
FlagFlag
Top Product
: $311M, Semi-Finished Iron

2021
FlagFlag
Exports
: $444M, Rnk 24 / 202

2021
FlagFlag
Top Product
: $123M, Office Machine Parts

2021
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Economic Complexity (ECI)
: ECI 0.46, Rnk 45 / 131

2021
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Economic Complexity (ECI)
: ECI 0.72, Rnk 37 / 131

2021
Flag  
GDP
: $1.78T, CURRENT US$
Rnk 11 / 182

2011-2021
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GDP GROWTH
: -13.2%, CURRENT US$
Rnk 167 / 182

2021
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 GDP
: $394B, CURRENT US$
Rnk 36 / 182

2011-2021
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GDP GROWTH
: 68.3%, CURRENT US$
Rnk 30 / 182

2021
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GDP PC 
: $12,173, CURRENT US$
Rnk 61 / 182

2011-2021
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GDP PC GROWTH
: -14.9%, CURRENT US$
Rnk 153 / 182

2021
Flag
GDP PC
: $3,549, CURRENT US$
Rnk 121 / 182

2011-2021
Flag
GDP PC GROWTH
: 44.8%, CURRENT US$
Rnk 35 / 182

Russia-Philippines In 2021, Russia exported $560M to Philippines. The main products that Russia exported to Philippines are Semi-Finished Iron ($311M), Vaccines, blood, antisera, toxins and cultures ($99.3M), and Sawn Wood ($27.5M). During the last 25 years the exports of Russia to Philippines have increased at an annualized rate of 3.77%, from $222M in 1996 to $560M in 2021.

In 2020, Russia exported services to Philippines worth $15.6M, with Transportation ($4.03M), Travel ($3.83M), and Computer and information services ($3.37M) being the largest in terms of value.

Philippines-Russia In 2021, Philippines exported $444M to Russia. The main products that Philippines exported to Russia were Office Machine Parts ($123M), Integrated Circuits ($51M), and Electrical Transformers ($33.2M). During the last 25 years the exports of Philippines to Russia have increased at an annualized rate of 13.2%, from $20M in 1996 to $444M in 2021.

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

Comparison In 2021,  Russia ranked 45 in the Economic Complexity Index (ECI 0.46), and 10 in total exports ($484B). That same year, Philippines ranked 37 in the Economic Complexity Index (ECI 0.72), and 41 in total exports ($93.7B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Russia exported $560M to Philippines. The main products exported from Russia to Philippines were Semi-Finished Iron ($311M), Vaccines, blood, antisera, toxins and cultures ($99.3M), and Sawn Wood ($27.5M). During the last 25 years the exports of Russia to Philippines have increased at an annualized rate of 3.77%, from $222M in 1996 to $560M in 2021.

In 2021, Philippines exported $444M to Russia. The main products exported from Philippines to Russia were Office Machine Parts ($123M), Integrated Circuits ($51M), and Electrical Transformers ($33.2M). During the last 25 years the exports of Philippines to Russia have increased at an annualized rate of 13.2%, from $20M in 1996 to $444M in 2021.

Market Competitiveness

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Color

Russia
Top Destination
: China, $70.9B

Philippines
Top Destination
: China, $15.1B

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

In 2021, countries that imported more from Russia than Philippines were China ($70.9B), Netherlands ($39B), and United Kingdom ($24.7B).

In 2021, countries that imported more from Philippines than Russia were Hong Kong ($11.4B), Singapore ($6.19B), and Thailand ($3.68B).

Comparative Advantage Russia - Philippines

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Flow
Scale

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

During 2021, Russia had a large net trade with Philippines in the exports of Metals ($315M), Chemical Products ($106M), and Mineral Products ($35.5M).

During 2021, Philippines had a large net trade with Russia in the exports of Machines ($338M), Vegetable Products ($31.7M), and Foodstuffs ($18.5M).

Bilateral Service Trade

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In 2020, Russia exported services to Philippines worth $15.6M, with Transportation ($4.03M), Travel ($3.83M), and Computer and information services ($3.37M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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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 Russia has comparative advantage over Philippines. Similarly, the more yellow a dot/product is, the more Philippines has comparative advantage over Russia.