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2023
Flag → Flag
Exports $5.05BRnk 17 / 212
2023
Flag → Flag
Top Product $2.72BIntegrated Circuits
2023
Flag → Flag
Exports $2.4BRnk 10 / 201
2023
Flag → Flag
Top Product $1.01BIntegrated Circuits
2023
Flag
Economic Complexity (ECI) ECI 2Rnk 2 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 132
2023
Flag
 GDP$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH54%CURRENT US$
Rnk 67 / 195
2023
Flag
GDP PC$3,805CURRENT US$
Rnk 133 / 196
2013-2023
Flag
GDP PC GROWTH36.8%CURRENT US$
Rnk 65 / 195

About

Chinese Taipei-Philippines Trade: In 2023, Chinese Taipei exported $5.05B to Philippines. The main products that Chinese Taipei exported to Philippines were Integrated Circuits ($2.72B), Refined Petroleum ($322M), and Semiconductor Devices ($297M). Over the past 5 years the exports of Chinese Taipei to Philippines have decreased at an annualized rate of 5.86%, from $6.83B in 2018 to $5.05B in 2023.

In 2023, Chinese Taipei did not export any services to Philippines.

Philippines-Chinese Taipei Trade: In 2023, Philippines exported $2.4B to Chinese Taipei. The main products that Philippines exported to Chinese Taipei were Integrated Circuits ($1.01B), Office Machine Parts ($235M), and Semiconductor Devices ($90.4M). Over the past 5 years the exports of Philippines to Chinese Taipei have decreased at an annualized rate of 8.32%,  from $3.71B in 2018 to $2.4B in 2023.

In 2023, Philippines did not export any services to Chinese Taipei.

Comparison: In 2023,  Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B). 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, Chinese Taipei exported $5.05B to Philippines. The main products exported from Chinese Taipei to Philippines were Integrated Circuits ($2.72B), Refined Petroleum ($322M), and Semiconductor Devices ($297M). During the last 5 years the exports of Chinese Taipei to Philippines have decreased at an annualized rate of 5.86%, from $6.83B in 2018 to $5.05B in 2023.

In 2018, Philippines exported $2.4B to Chinese Taipei. The main products exported from Philippines to Chinese Taipei were Integrated Circuits ($1.01B), Office Machine Parts ($235M), and Semiconductor Devices ($90.4M). During the last 5 years the exports of Philippines to Chinese Taipei have decreased at an annualized rate of 8.32%, from $3.71B in 2023 to $2.4B in 2018.

Exports from Chinese Taipei (Flag) to Philippines (Flag) (2023)

Exports from Philippines (Flag) to Chinese Taipei (Flag) (2023)

Market Competitiveness

Color
Chinese Taipei
Top DestinationChina$101B
Philippines
Top DestinationChina$19B

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

In 2023, countries that imported more from Chinese Taipei than Philippines included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

In 2023, countries that imported more from Philippines than Chinese Taipei included Switzerland ($2.25B), Brunei ($69.5M), and Maldives ($20.3M).

Difference in imports from Philippines (Flag) and Chinese Taipei (Flag) (2023)

Comparative Advantage Chinese Taipei - Philippines

Flow
Scale

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

During 2023, Chinese Taipei had a large net trade with Philippines in the exports of Machines ($3.53B), Mineral Products ($350M), and Metals ($314M).

During 2018, Philippines had a large net trade with Chinese Taipei in the exports of Machines ($1.76B), Metals ($221M), and Instruments ($94.9M).

Economic Complexity

Competitive Landscape

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

Product Space of Chinese Taipei (Flag) and Philippines (Flag) (2023)

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