Chinese Taipei (TWN) and Philippines (PHL) Trade | The Observatory of Economic Complexity

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Chinese Taipei-Philippines Trade: In 2022, Chinese Taipei exported $7.53B to Philippines. The main products that Chinese Taipei exported to Philippines were Integrated Circuits ($3.77B), Refined Petroleum ($1.16B), and Semiconductor Devices ($148M). Over the past 5 years the exports of Chinese Taipei to Philippines have decreased at an annualized rate of 6.09%, from $10.3B in 2017 to $7.53B in 2022.

In 2022, Chinese Taipei did not export any services to Philippines.

Philippines-Chinese Taipei Trade: In 2022, Philippines exported $3.08B to Chinese Taipei. The main products that Philippines exported to Chinese Taipei were Integrated Circuits ($1.64B), Office Machine Parts ($257M), and Semiconductor Devices ($98.3M). Over the past 5 years the exports of Philippines to Chinese Taipei have decreased at an annualized rate of 2.28%, from $3.46B in 2017 to $3.08B in 2022.

In 2022, Philippines did not export any services to Chinese Taipei.

Comparison: In 2022, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Chinese Taipei exported $7.53B to Philippines. The main products exported from Chinese Taipei to Philippines were Integrated Circuits ($3.77B), Refined Petroleum ($1.16B), and Semiconductor Devices ($148M). During the last 5 years the exports of Chinese Taipei to Philippines have decreased at an annualized rate of 6.09%, from $10.3B in 2017 to $7.53B in 2022.

In 2017, Philippines exported $3.08B to Chinese Taipei. The main products exported from Philippines to Chinese Taipei were Integrated Circuits ($1.64B), Office Machine Parts ($257M), and Semiconductor Devices ($98.3M). During the last 5 years the exports of Philippines to Chinese Taipei have decreased at an annualized rate of 2.28%, from $3.46B in 2022 to $3.08B in 2017.

Exports from Chinese Taipei () to Philippines () (2022)

Exports from Philippines () to Chinese Taipei () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Chinese Taipei
Top DestinationChina$121B

Philippines
Top DestinationUnited States$15.5B

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 2022, countries that imported more from Chinese Taipei than Philippines included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

In 2022, countries that imported more from Philippines than Chinese Taipei included Switzerland ($4.1B), Brunei ($138M), and Curaçao ($38.3M).

Difference in imports from Philippines () and Chinese Taipei () (2022)

Comparative Advantage Chinese Taipei - Philippines

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Chinese Taipei had a large net trade with Philippines in the exports of Machines ($4.64B), Mineral Products ($1.2B), and Metals ($456M).

During 2017, Philippines had a large net trade with Chinese Taipei in the exports of Machines ($2.4B), Metals ($187M), and Instruments ($135M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Chinese Taipei () to Philippines () (2022)

Exports from Philippines () to Chinese Taipei () (2022)

Market Competitiveness

Difference in imports from Philippines () and Chinese Taipei () (2022)

Comparative Advantage Chinese Taipei - Philippines

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Chinese Taipei () and Philippines () (2022)

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