Flag Singapore / Philippines Flag

2019
Flag β†’ Flag  
Exports
: $7.56B, Rnk 13 / 214

2019
Flag β†’ Flag
Top Product
: $1.12B, Integrated Circuits

2019
Flag β†’ Flag
Exports
: $6.39B, Rnk 5 / 207

2019
Flag β†’ Flag
Top Product
: $4.35B, Integrated Circuits

2019
Flag
Economic Complexity (ECI)
: ECI 1.83, Rnk 6 / 157

2019
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Economic Complexity (ECI)
: ECI 0.68, Rnk 42 / 157

2019
Flag  
GDP
: $372B, CURRENT US$
Rnk 33 / 187

2009-2019
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GDP GROWTH
: 91.6%, CURRENT US$
Rnk 36 / 187

2019
Flag
 GDP
: $377B, CURRENT US$
Rnk 32 / 187

2009-2019
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GDP GROWTH
: 114%, CURRENT US$
Rnk 24 / 187

2019
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GDP PC 
: $65,233, CURRENT US$
Rnk 9 / 187

2009-2019
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GDP PC GROWTH
: 67.6%, CURRENT US$
Rnk 34 / 187

2019
Flag
GDP PC 
: $3,485, CURRENT US$
Rnk 125 / 187

2009-2019
Flag
GDP PC GROWTH
: 82.9%, CURRENT US$
Rnk 26 / 187

Singapore-Philippines: In 2019, Singapore exported $7.56B to Philippines. The main products that Singapore exported to Philippines are Integrated Circuits ($1.12B), Refined Petroleum ($973M), and Broadcasting Equipment ($464M). During the last 24 years the exports of Singapore to Philippines have increased at an annualized rate of 5.99%, from $1.87B in 1995 to $7.56B in 2019.

In 2019, Singapore did not exported services to Philippines.

Philippines-Singapore: In 2019, Philippines exported $6.39B to Singapore . The main products that Philippines exported to Singapore were Integrated Circuits ($4.35B), Semiconductor Devices ($345M), and Other Measuring Instruments ($242M). During the last 24 years the exports of Philippines to Singapore have increased at an annualized rate of 7.66%, from $1.09B in 1995 to $6.39B in 2019.

In 2019, Philippines did not exported services to Singapore.

Comparison: In 2019,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.83), and 18 in total exports ($301B). That same year, Philippines ranked 42 in the Economic Complexity Index (ECI 0.68), and 39 in total exports ($86.6B).

Bilateral Trade by Products

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Depth
Value

In 2019, Singapore exported $7.56B to Philippines. The main products exported from Singapore to Philippines were Integrated Circuits ($1.12B), Refined Petroleum ($973M), and Broadcasting Equipment ($464M). During the last 24 years the exports of Singapore to Philippines have increased at an annualized rate of 5.99%, from $1.87B in 1995 to $7.56B in 2019.

In 2019, Philippines exported $6.39B to Singapore. The main products exported from Philippines to Singapore were Integrated Circuits ($4.35B), Semiconductor Devices ($345M), and Other Measuring Instruments ($242M). During the last 24 years the exports of Philippines to Singapore have increased at an annualized rate of 7.66%, from $1.09B in 1995 to $6.39B in 2019.

Market Competitiveness

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Measure

Singapore
Top Destination
: China, $45.8B

Philippines
Top Destination
: China, $13.6B

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

In 2019, countries that imported more from Singapore than Philippines were China ($45.8B), Hong Kong ($39.1B), and Malaysia ($28.2B).

In 2019, countries that imported more from Philippines than Singapore were Mexico ($2.84B), Iran ($69.8M), and Liberia ($42.3M).

Comparative Advantage Singapore - Philippines

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Depth

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

During 2019, Singapore had a large net trade with Philippines in the exports of Machines ($3.93B), Mineral Products ($1.01B), and Chemical Products ($667M).

During 2019, Philippines had a large net trade with Singapore in the exports of Machines ($5.46B), Instruments ($323M), and Mineral Products ($265M).

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 red.  This mean that the more blue a dot/product is, the more Singapore has comparative advantage over Philippines. Similarly, the more red a dot/product is, the more Philippines has comparative advantage over Singapore.