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2022
Flag → Flag
Exports $13.8MRnk 81 / 187
2022
Flag → Flag
Top Product $6.33MPesticides
2022
Flag → Flag
Exports $455MRnk 55 / 205
2022
Flag → Flag
Top Product $16.4MOffice Machine Parts
2022
Flag
Economic Complexity (ECI) ECI 0.11Rnk 58 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag  
GDP$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH-7.22%CURRENT US$
Rnk 172 / 186
2022
Flag
 GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
GDP PC $6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH-18.1%CURRENT US$
Rnk 169 / 186
2022
Flag
GDP PC$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186

About

Colombia-Philippines Trade: In 2022, Colombia exported $13.8M to Philippines. The main products that Colombia exported to Philippines were Pesticides ($6.33M), Packaged Medicaments ($1.28M), and Bandages ($1.01M). Over the past 5 years the exports of Colombia to Philippines have decreased at an annualized rate of 4.02%, from $16.9M in 2017 to $13.8M in 2022.

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

Philippines-Colombia Trade: In 2022, Philippines exported $47.1M to Colombia. The main products that Philippines exported to Colombia were Office Machine Parts ($16.4M), Electrical Transformers ($3.6M), and Ink ($3.15M). Over the past 5 years the exports of Philippines to Colombia have decreased at an annualized rate of 3.72%,  from $56.9M in 2017 to $47.1M in 2022.

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

Comparison: In 2022,  Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B). 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
Value

In 2022, Colombia exported $13.8M to Philippines. The main products exported from Colombia to Philippines were Pesticides ($6.33M), Packaged Medicaments ($1.28M), and Bandages ($1.01M). During the last 5 years the exports of Colombia to Philippines have decreased at an annualized rate of 9.17%, from $514M in 2017 to $13.8M in 2022.

In 2017, Philippines exported $47.1M to Colombia. The main products exported from Philippines to Colombia were Office Machine Parts ($16.4M), Electrical Transformers ($3.6M), and Ink ($3.15M). During the last 5 years the exports of Philippines to Colombia have decreased at an annualized rate of 9.7%, from $286M in 2022 to $47.1M in 2017.

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

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

Latest Data

Trade between Colombia (Flag) and Philippines (Flag)

Colombia Exports

Philippines Exports

Market Competitiveness

Color
Colombia
Top DestinationUnited States$15.6B
Philippines
Top DestinationUnited States$15.5B

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

In 2022, countries that imported more from Colombia than Philippines included Panama ($5.84B), Brazil ($2.39B), and Turkey ($2.27B).

In 2022, countries that imported more from Philippines than Colombia included China ($15.3B), Hong Kong ($12.6B), and Japan ($11.3B).

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

Comparative Advantage Colombia - Philippines

Flow
Scale

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

During 2022, Colombia had a large net trade with Philippines in the exports of Chemical Products ($9.01M), Metals ($1.67M), and Plastics and Rubbers ($889k).

During 2017, Philippines had a large net trade with Colombia in the exports of Machines ($25.1M), Chemical Products ($6.19M), and Instruments ($4.65M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Colombia Philippines+$3.09MPesticides
Top Product Potential Philippines Colombia+$6.33MComputers

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

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

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