Tuvalu (TUV) and Philippines (PHL) Trade | The Observatory of Economic Complexity

2022

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Exports $3.2MRnk 3 / 56

2022

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About

Tuvalu-Philippines Trade: In 2022, Tuvalu exported $3.2M to Philippines. The main products that Tuvalu exported to Philippines were Non-fillet Frozen Fish ($3.2M). Over the past 18 years the exports of Tuvalu to Philippines have increased at an annualized rate of 71.3%, from $198 in 2004 to $3.2M in 2022.

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

Philippines-Tuvalu Trade: In 2022, Philippines exported $9.53k to Tuvalu. The main products that Philippines exported to Tuvalu were Prepared Cereals ($7.14k), Other Processed Vegetables ($1.27k), and Baked Goods ($1.12k). Over the past 18 years the exports of Philippines to Tuvalu have decreased at an annualized rate of 21.4%, from $31.7k in 2004 to $9.53k in 2022.

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

Comparison In 2022, Tuvalu ranked 198 in total exports ($72.1M), and does not have data regarding Economic Complexity Index. That same year, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Historical Data

Latest Data

Trade between Tuvalu () and Philippines ()

Philippines Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Tuvalu
Top DestinationThailand$50M

Philippines
Top DestinationUnited States$15.5B

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 2022, countries that imported more from Tuvalu than Philippines included Croatia ($15.1M).

In 2022, countries that imported more from Philippines than Tuvalu included United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

Difference in imports from Philippines () and Tuvalu () (2022)

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.