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Pricing

2022
Flag → Flag
Exports $325MRnk 97 / 219
2022
Flag → Flag
Top Product $152MPlanes, Helicopters, and/or Spacecraft
2022
Flag → Flag
Exports $279MRnk 27 / 205
2022
Flag → Flag
Top Product $64.7MGold
2022
Flag
Economic Complexity (ECI) ECI 0.6Rnk 41 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag  
GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 160 / 186
2022
Flag
 GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
GDP PC $10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 186
2022
Flag
GDP PC$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186

About

Turkey-Philippines Trade: In 2022, Turkey exported $325M to Philippines. The main products that Turkey exported to Philippines were Planes, Helicopters, and/or Spacecraft ($152M), Aircraft Parts ($9.35M), and Pasta ($8.68M). Over the past 5 years the exports of Turkey to Philippines have increased at an annualized rate of 13.8%, from $170M in 2017 to $325M in 2022.

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

Philippines-Turkey Trade: In 2022, Philippines exported $279M to Turkey. The main products that Philippines exported to Turkey were Gold ($64.7M), Office Machine Parts ($40.4M), and Passenger and Cargo Ships ($24.4M). Over the past 5 years the exports of Philippines to Turkey have increased at an annualized rate of 12%,  from $158M in 2017 to $279M in 2022.

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

Comparison: In 2022,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B). That same year, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkey exported $325M to Philippines. The main products exported from Turkey to Philippines were Planes, Helicopters, and/or Spacecraft ($152M), Aircraft Parts ($9.35M), and Pasta ($8.68M). During the last 5 years the exports of Turkey to Philippines have increased at an annualized rate of 13.8%, from $170M in 2017 to $325M in 2022.

In 2017, Philippines exported $279M to Turkey. The main products exported from Philippines to Turkey were Gold ($64.7M), Office Machine Parts ($40.4M), and Passenger and Cargo Ships ($24.4M). During the last 5 years the exports of Philippines to Turkey have increased at an annualized rate of 12%, from $158M in 2022 to $279M in 2017.

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

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

Latest Data

Trade between Turkey (Flag) and Philippines (Flag)

Turkey Exports

Philippines Exports

Market Competitiveness

Color
Turkey
Top DestinationGermany$21.9B
Philippines
Top DestinationUnited States$15.5B

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 2022, countries that imported more from Turkey than Philippines included Germany ($21.9B), Iraq ($13.7B), and Italy ($12.6B).

In 2022, countries that imported more from Philippines than Turkey included China ($15.3B), Hong Kong ($12.6B), and Japan ($11.3B).

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

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 2022, Turkey had a large net trade with Philippines in the exports of Transportation ($169M), Machines ($42M), and Chemical Products ($20.8M).

During 2017, Philippines had a large net trade with Turkey in the exports of Machines ($116M), Precious Metals ($64.8M), and Transportation ($28.6M).

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) (2022)

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