Flag United States / Philippines Flag

2021
FlagFlag
Exports
: $8.16B, Rnk 34 / 217

2021
FlagFlag
Top Product
: $1.32B, Integrated Circuits

2021
FlagFlag
Exports
: $13.3B, Rnk 2 / 202

2021
FlagFlag
Top Product
: $2.78B, Office Machine Parts

2021
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Economic Complexity (ECI)
: ECI 1.46, Rnk 10 / 131

2021
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Economic Complexity (ECI)
: ECI 0.72, Rnk 37 / 131

2021
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GDP
: $23T, CURRENT US$
Rnk 1 / 182

2011-2021
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GDP GROWTH
: 47.4%, CURRENT US$
Rnk 56 / 182

2021
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 GDP
: $394B, CURRENT US$
Rnk 36 / 182

2011-2021
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GDP GROWTH
: 68.3%, CURRENT US$
Rnk 30 / 182

2021
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GDP PC 
: $69,288, CURRENT US$
Rnk 7 / 182

2011-2021
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GDP PC GROWTH
: 38.4%, CURRENT US$
Rnk 44 / 182

2021
Flag
GDP PC
: $3,549, CURRENT US$
Rnk 121 / 182

2011-2021
Flag
GDP PC GROWTH
: 44.8%, CURRENT US$
Rnk 35 / 182

United States-Philippines In 2021, United States exported $8.16B to Philippines. The main products that United States exported to Philippines are Integrated Circuits ($1.32B), Wheat ($891M), and Vaccines, blood, antisera, toxins and cultures ($656M). During the last 26 years the exports of United States to Philippines have increased at an annualized rate of 1.77%, from $5.17B in 1995 to $8.16B in 2021.

In 2017, United States exported services to Philippines worth $3.27B, with Travel ($1.1B), Financial services ($509M), and Transportation ($445M) being the largest in terms of value.

Philippines-United States In 2021, Philippines exported $13.3B to United States. The main products that Philippines exported to United States were Office Machine Parts ($2.78B), Integrated Circuits ($1.34B), and Insulated Wire ($848M). During the last 26 years the exports of Philippines to United States have increased at an annualized rate of 2.41%, from $7.17B in 1995 to $13.3B in 2021.

In 2021, Philippines did not export any services to United States.

Comparison In 2021,  United States ranked 10 in the Economic Complexity Index (ECI 1.46), and 2 in total exports ($1.63T). That same year, Philippines ranked 37 in the Economic Complexity Index (ECI 0.72), and 41 in total exports ($93.7B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, United States exported $8.16B to Philippines. The main products exported from United States to Philippines were Integrated Circuits ($1.32B), Wheat ($891M), and Vaccines, blood, antisera, toxins and cultures ($656M). During the last 26 years the exports of United States to Philippines have increased at an annualized rate of 1.77%, from $5.17B in 1995 to $8.16B in 2021.

In 2021, Philippines exported $13.3B to United States. The main products exported from Philippines to United States were Office Machine Parts ($2.78B), Integrated Circuits ($1.34B), and Insulated Wire ($848M). During the last 26 years the exports of Philippines to United States have increased at an annualized rate of 2.41%, from $7.17B in 1995 to $13.3B in 2021.

Market Competitiveness

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Color

United States
Top Destination
: Canada, $259B

Philippines
Top Destination
: China, $15.1B

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

In 2021, countries that imported more from United States than Philippines were Canada ($259B), Mexico ($247B), and China ($151B).

In 2021, countries that imported more from Philippines than United States were Guam ($15.2M), Northern Mariana Islands ($2.63M), and American Samoa ($902k).

Comparative Advantage United States - Philippines

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Flow
Scale

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

During 2021, United States had a large net trade with Philippines in the exports of Machines ($2.74B), Chemical Products ($1.08B), and Vegetable Products ($1.05B).

During 2021, Philippines had a large net trade with United States in the exports of Machines ($8.74B), Foodstuffs ($754M), and Instruments ($632M).

Bilateral Service Trade

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In 2017, United States exported services to Philippines worth $3.27B, with Travel ($1.1B), Financial services ($509M), and Transportation ($445M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more United States has comparative advantage over Philippines. Similarly, the more yellow a dot/product is, the more Philippines has comparative advantage over United States.