2022
Flag  
GDP
$495BCURRENT US$
Rnk 29 / 186
2012-2022
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GDP GROWTH
24.6%CURRENT US$
Rnk 111 / 186
2022
Flag
 GDP
$404BCURRENT US$
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2012-2022
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GDP GROWTH
54.4%CURRENT US$
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2022
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GDP PC 
$6,909CURRENT US$
Rnk 93 / 186
2012-2022
Flag
GDP PC GROWTH
20.2%CURRENT US$
Rnk 87 / 186
2022
Flag
GDP PC
$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH
30.9%CURRENT US$
Rnk 61 / 186

About

Thailand-Philippines In 2022, Thailand exported $7.36B to Philippines. The main products that Thailand exported to Philippines are Cars ($879M), Delivery Trucks ($749M), and Integrated Circuits ($670M). During the last 27 years the exports of Thailand to Philippines have increased at an annualized rate of 11.3%, from $412M in 1995 to $7.36B in 2022.

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

Philippines-Thailand In 2022, Philippines exported $3.79B to Thailand. The main products that Philippines exported to Thailand were Office Machine Parts ($781M), Integrated Circuits ($731M), and Refined Copper ($457M). During the last 27 years the exports of Philippines to Thailand have increased at an annualized rate of 7.24%, from $574M in 1995 to $3.79B in 2022.

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

Comparison In 2022,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.88), and 27 in total exports ($312B). That same year, Philippines ranked 38 in the Economic Complexity Index (ECI 0.63), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Thailand exported $7.36B to Philippines. The main products exported from Thailand to Philippines were Cars ($879M), Delivery Trucks ($749M), and Integrated Circuits ($670M). During the last 27 years the exports of Thailand to Philippines have increased at an annualized rate of 11.3%, from $412M in 1995 to $7.36B in 2022.

In 2022, Philippines exported $3.79B to Thailand. The main products exported from Philippines to Thailand were Office Machine Parts ($781M), Integrated Circuits ($731M), and Refined Copper ($457M). During the last 27 years the exports of Philippines to Thailand have increased at an annualized rate of 7.24%, from $574M in 1995 to $3.79B in 2022.

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

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

Latest Data

Trade between Thailand (Flag) and Philippines (Flag)

Thailand Exports

Philippines Exports

Market Competitiveness

Color
Thailand
Top Destination
United States$53.4B
Philippines
Top Destination
United States$15.5B

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

In 2021, countries that imported more from Thailand than Philippines were United States ($53.4B), China ($35.3B), and Japan ($24.6B).

In 2021, countries that imported more from Philippines than Thailand were Hong Kong ($12.6B), Switzerland ($4.1B), and Brunei ($138M).

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

Comparative Advantage Thailand - Philippines

Flow
Scale

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

During 2022, Thailand had a large net trade with Philippines in the exports of Transportation ($2.05B), Machines ($1.82B), and Plastics and Rubbers ($687M).

During 2022, Philippines had a large net trade with Thailand in the exports of Machines ($2.05B), Metals ($552M), and Transportation ($311M).

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

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

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