2022
Flag  
GDP
$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH
1.45%CURRENT US$
Rnk 164 / 186
2022
Flag
 GDP
$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH
54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
GDP PC 
$15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH
-0.49%CURRENT US$
Rnk 145 / 186
2022
Flag
GDP PC
$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH
30.9%CURRENT US$
Rnk 61 / 186

About

Russia-Philippines In 2022, Russia exported $576M to Philippines. The main products that Russia exported to Philippines are Semi-Finished Iron ($349M), Refined Petroleum ($106M), and Coal Briquettes ($35.4M). During the last 26 years the exports of Russia to Philippines have increased at an annualized rate of 3.71%, from $224M in 1996 to $576M in 2022.

In 2020, Russia exported services to Philippines worth $15.6M, with Transportation ($4.03M), Travel ($3.83M), and Computer and information services ($3.37M) being the largest in terms of value.

Philippines-Russia In 2022, Philippines exported $53.9M to Russia. The main products that Philippines exported to Russia were Coconuts, Brazil Nuts, and Cashews ($15M), Vegetable Saps ($9.2M), and Office Machine Parts ($3.22M). During the last 26 years the exports of Philippines to Russia have increased at an annualized rate of 3.89%, from $20M in 1996 to $53.9M in 2022.

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

Comparison In 2022,  Russia ranked 45 in the Economic Complexity Index (ECI 0.42), and 12 in total exports ($486B). That same year, Philippines ranked 38 in the Economic Complexity Index (ECI 0.63), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Russia exported $576M to Philippines. The main products exported from Russia to Philippines were Semi-Finished Iron ($349M), Refined Petroleum ($106M), and Coal Briquettes ($35.4M). During the last 26 years the exports of Russia to Philippines have increased at an annualized rate of 3.71%, from $224M in 1996 to $576M in 2022.

In 2022, Philippines exported $53.9M to Russia. The main products exported from Philippines to Russia were Coconuts, Brazil Nuts, and Cashews ($15M), Vegetable Saps ($9.2M), and Office Machine Parts ($3.22M). During the last 26 years the exports of Philippines to Russia have increased at an annualized rate of 3.89%, from $20M in 1996 to $53.9M in 2022.

Exports from Russia (Flag) to Philippines (Flag) (2022)

Exports from Philippines (Flag) to Russia (Flag) (2022)

Market Competitiveness

Color
Russia
Top Destination
China$101B
Philippines
Top Destination
United States$15.5B

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

In 2021, countries that imported more from Russia than Philippines were China ($101B), India ($40.4B), and Turkey ($25.3B).

In 2021, countries that imported more from Philippines than Russia were Hong Kong ($12.6B), Singapore ($7.07B), and Thailand ($3.79B).

Difference in imports from Philippines (Flag) and Russia (Flag) (2022)

Comparative Advantage Russia - Philippines

Flow
Scale

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

During 2022, Russia had a large net trade with Philippines in the exports of Metals ($353M), Mineral Products ($142M), and Paper Goods ($24.7M).

During 2022, Philippines had a large net trade with Russia in the exports of Vegetable Products ($24.7M), Machines ($9.45M), and Instruments ($6.23M).

Service Trade

Bilateral Service Trade

In 2020, Russia exported services to Philippines worth $15.6M, with Transportation ($4.03M), Travel ($3.83M), and Computer and information services ($3.37M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia (Flag) to Philippines (Flag) (2020)

Economic Complexity

Competitive Landscape

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 Russia has comparative advantage over Philippines. Similarly, the more yellow a dot/product is, the more Philippines has comparative advantage over Russia.

Product Space of Russia (Flag) and Philippines (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with