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2023
Flag → Flag
Exports $245MRnk 102 / 216
2023
Flag → Flag
Top Product $72.8MPlanes, Helicopters, and/or Spacecraft
2023
Flag → Flag
Exports $312MRnk 28 / 201
2023
Flag → Flag
Top Product $45.2MOffice Machine Parts
2023
Flag
Economic Complexity (ECI) ECI 0.62Rnk 41 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 132
2023
Flag  
GDP$1.12TCURRENT US$
Rnk 18 / 195
2013-2023
Flag
GDP GROWTH16.8%CURRENT US$
Rnk 149 / 195
2023
Flag
 GDP$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH54%CURRENT US$
Rnk 67 / 195
2023
Flag
GDP PC $13,106CURRENT US$
Rnk 77 / 195
2013-2023
Flag
GDP PC GROWTH4.19%CURRENT US$
Rnk 147 / 195
2023
Flag
GDP PC$3,805CURRENT US$
Rnk 133 / 196
2013-2023
Flag
GDP PC GROWTH36.8%CURRENT US$
Rnk 65 / 195

About

Turkey-Philippines Trade: In 2023, Turkey exported $245M to Philippines. The main products that Turkey exported to Philippines were Planes, Helicopters, and/or Spacecraft ($72.8M), Packaged Medicaments ($14.7M), and Kraft Paper ($9.95M). Over the past 5 years the exports of Turkey to Philippines have increased at an annualized rate of 1.6%, from $226M in 2018 to $245M in 2023.

In 2023, Turkey did not export any services to Philippines.

Philippines-Turkey Trade: In 2023, Philippines exported $312M to Turkey. The main products that Philippines exported to Turkey were Office Machine Parts ($45.2M), Passenger and Cargo Ships ($33.8M), and Integrated Circuits ($31.5M). Over the past 5 years the exports of Philippines to Turkey have increased at an annualized rate of 18.7%,  from $132M in 2018 to $312M in 2023.

In 2023, Philippines did not export any services to Turkey.

Comparison: In 2023,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.62), and 28 in total exports ($272B). That same year, Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Turkey exported $245M to Philippines. The main products exported from Turkey to Philippines were Planes, Helicopters, and/or Spacecraft ($72.8M), Packaged Medicaments ($14.7M), and Kraft Paper ($9.95M). During the last 5 years the exports of Turkey to Philippines have increased at an annualized rate of 1.6%, from $226M in 2018 to $245M in 2023.

In 2018, Philippines exported $312M to Turkey. The main products exported from Philippines to Turkey were Office Machine Parts ($45.2M), Passenger and Cargo Ships ($33.8M), and Integrated Circuits ($31.5M). During the last 5 years the exports of Philippines to Turkey have increased at an annualized rate of 18.7%, from $132M in 2023 to $312M in 2018.

Exports from Turkey (Flag) to Philippines (Flag) (2023)

Exports from Philippines (Flag) to Turkey (Flag) (2023)

Latest Data

Trade between Turkey (Flag) and Philippines (Flag)

Turkey Exports

Philippines Exports

Market Competitiveness

Color
Turkey
Top DestinationGermany$24.7B
Philippines
Top DestinationChina$19B

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

In 2023, countries that imported more from Turkey than Philippines included Germany ($24.7B), United Arab Emirates ($14.7B), and United Kingdom ($15.1B).

In 2023, countries that imported more from Philippines than Turkey included China ($19B), Hong Kong ($11.7B), and Japan ($11.4B).

Difference in imports from Philippines (Flag) and Turkey (Flag) (2023)

Comparative Advantage Turkey - Philippines

Flow
Scale

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

During 2023, Turkey had a large net trade with Philippines in the exports of Transportation ($79.4M), Machines ($41.2M), and Chemical Products ($27.1M).

During 2018, Philippines had a large net trade with Turkey in the exports of Machines ($159M), Transportation ($36.9M), and Precious Metals ($30.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Turkey Philippines+$7.25MPackaged Medicaments
Top Product Potential Philippines Turkey+$93.3MGold

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

Product Space of Turkey (Flag) and Philippines (Flag) (2023)

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