Saudi Arabia (SAU) and Philippines (PHL) Trade | OEC - The Observatory of Economic Complexity

About

Saudi Arabia-Philippines In 2021, Saudi Arabia exported $1.63B to Philippines. The main products that Saudi Arabia exported to Philippines are Crude Petroleum ($1.03B), Refined Petroleum ($329M), and Petroleum Gas ($169M). During the last 26 years the exports of Saudi Arabia to Philippines have increased at an annualized rate of 12.9%, from $70.1M in 1995 to $1.63B in 2021.

In 2021, Saudi Arabia did not export any services to Philippines.

Philippines-Saudi Arabia In 2021, Philippines exported $128M to Saudi Arabia. The main products that Philippines exported to Saudi Arabia were Bananas ($34.3M), Office Machine Parts ($5.84M), and Baked Goods ($5.35M). During the last 26 years the exports of Philippines to Saudi Arabia have increased at an annualized rate of 1.61%, from $84.4M in 1995 to $128M in 2021.

In 2021, Philippines did not export any services to Saudi Arabia.

Comparison In 2021, Saudi Arabia ranked 31 in the Economic Complexity Index (ECI 0.9), and 26 in total exports ($256B). That same year, Philippines ranked 37 in the Economic Complexity Index (ECI 0.72), and 41 in total exports ($93.7B).

Historical Data

Bilateral Trade by Products

Depth

Value

Year

In 2021, Saudi Arabia exported $1.63B to Philippines. The main products exported from Saudi Arabia to Philippines were Crude Petroleum ($1.03B), Refined Petroleum ($329M), and Petroleum Gas ($169M). During the last 26 years the exports of Saudi Arabia to Philippines have increased at an annualized rate of 12.9%, from $70.1M in 1995 to $1.63B in 2021.

In 2021, Philippines exported $128M to Saudi Arabia. The main products exported from Philippines to Saudi Arabia were Bananas ($34.3M), Office Machine Parts ($5.84M), and Baked Goods ($5.35M). During the last 26 years the exports of Philippines to Saudi Arabia have increased at an annualized rate of 1.61%, from $84.4M in 1995 to $128M in 2021.

Latest Data

Saudi Arabia Exports

Date

Philippines Exports

Date

Market Competitiveness

Color

SectionYear

Saudi Arabia
Top Destination: China, $48.7B

Philippines
Top Destination: China, $15.1B

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

In 2021, countries that imported more from Saudi Arabia than Philippines were China ($48.7B), India ($25.6B), and South Korea ($21.5B).

In 2021, countries that imported more from Philippines than Saudi Arabia were Hong Kong ($11.4B), Germany ($4.23B), and Mexico ($2.38B).

Comparative Advantage Saudi Arabia - Philippines

Flow

Scale

Year

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

During 2021, Saudi Arabia had a large net trade with Philippines in the exports of Mineral Products ($1.54B), Plastics and Rubbers ($58.8M), and Chemical Products ($15M).

During 2021, Philippines had a large net trade with Saudi Arabia in the exports of Vegetable Products ($41.6M), Machines ($28.3M), and Foodstuffs ($23.4M).

Economic Complexity

Competitive Landscape

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

About

Historical Data

Bilateral Trade by Products

Latest Data

Saudi Arabia Exports

Philippines Exports

Market Competitiveness

Comparative Advantage Saudi Arabia - Philippines

Economic Complexity

Competitive Landscape

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