2023
Flag  
GDP
$62.3MCURRENT US$
Rnk 195 / 195
2013-2023
Flag
GDP GROWTH
61.3%CURRENT US$
Rnk 52 / 195
2023
Flag
 GDP
$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH
54%CURRENT US$
Rnk 67 / 195
2023
Flag
GDP PC 
$6,345CURRENT US$
Rnk 110 / 195
2013-2023
Flag
GDP PC GROWTH
80.8%CURRENT US$
Rnk 16 / 195
2023
Flag
GDP PC
$3,805CURRENT US$
Rnk 133 / 196
2013-2023
Flag
GDP PC GROWTH
36.8%CURRENT US$
Rnk 65 / 195

About

Tuvalu-Philippines Trade: In 2023, Tuvalu exported $1.37M to Philippines. The main products that Tuvalu exported to Philippines were Non-fillet Frozen Fish ($1.37M). Over the past 5 years the exports of Tuvalu to Philippines have decreased at an annualized rate of 24.8%, from $5.68M in 2018 to $1.37M in 2023.

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

Philippines-Tuvalu Trade: In 2023, Philippines exported $39.1k to Tuvalu. The main products that Philippines exported to Tuvalu were Baked Goods ($8.87k), Flavored Water ($7.36k), and Other Processed Vegetables ($3.01k). Over the past 5 years the exports of Philippines to Tuvalu have increased at an annualized rate of 279%,  from $50 in 2018 to $39.1k in 2023.

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

Comparison In 2023,  Tuvalu ranked 204 in total exports ($52.3M), and does not have data regarding Economic Complexity Index. 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, Tuvalu exported $1.37M to Philippines. The main products exported from Tuvalu to Philippines were Non-fillet Frozen Fish ($1.37M). During the last 5 years the exports of Tuvalu to Philippines have decreased at an annualized rate of 24.8%, from $5.68M in 2018 to $1.37M in 2023.

In 2018, Philippines exported $39.1k to Tuvalu. The main products exported from Philippines to Tuvalu were Baked Goods ($8.87k), Flavored Water ($7.36k), and Other Processed Vegetables ($3.01k). During the last 5 years the exports of Philippines to Tuvalu have increased at an annualized rate of 279%, from $50 in 2023 to $39.1k in 2018.

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

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

Latest Data

Trade between Tuvalu (Flag) and Philippines (Flag)

Philippines Exports

Market Competitiveness

Color
Tuvalu
Top Destination
Thailand$45.9M
Philippines
Top Destination
China$19B

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

In 2023, no countries were registered that imported more from Tuvalu than from Philippines.

In 2023, countries that imported more from Philippines than Tuvalu included China ($19B), United States ($13.3B), and Hong Kong ($11.7B).

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

Comparative Advantage Tuvalu - Philippines

Flow
Scale

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

During 2023, Tuvalu had a large net trade with Philippines in the exports of Animal Products ($1.37M).

During 2018, Philippines had a large net trade with Tuvalu in the exports of Foodstuffs ($32k), Chemical Products ($4.4k), and Paper Goods ($1.53k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Tuvalu and Philippines. This means that a dot/product with the flag of Tuvalu indicates it has a comparative advantage over Philippines. Similarly, a dot/product with the flag of Philippines indicates it has a comparative advantage over Tuvalu.

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

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