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2023
Flag → Flag
Exports $1.62BRnk 36 / 216
2023
Flag → Flag
Top Product $1.17BCrude Petroleum
2023
Flag → Flag
Exports $826MRnk 19 / 201
2023
Flag → Flag
Top Product $201MOffice Machine Parts
2023
Flag
Economic Complexity (ECI) ECI 0.15Rnk 54 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 132
2023
Flag  
GDP$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH28.5%CURRENT US$
Rnk 118 / 195
2023
Flag
 GDP$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH54%CURRENT US$
Rnk 67 / 195
2023
Flag
GDP PC $49,041CURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP PC GROWTH-5.73%CURRENT US$
Rnk 161 / 195
2023
Flag
GDP PC$3,805CURRENT US$
Rnk 133 / 196
2013-2023
Flag
GDP PC GROWTH36.8%CURRENT US$
Rnk 65 / 195

About

United Arab Emirates-Philippines Trade: In 2023, United Arab Emirates exported $1.62B to Philippines. The main products that United Arab Emirates exported to Philippines were Crude Petroleum ($1.17B), Petroleum Gas ($207M), and Refined Petroleum ($55.7M). Over the past 5 years the exports of United Arab Emirates to Philippines have decreased at an annualized rate of 1.13%, from $1.72B in 2018 to $1.62B in 2023.

In 2023, United Arab Emirates did not export any services to Philippines.

Philippines-United Arab Emirates Trade: In 2023, Philippines exported $826M to United Arab Emirates. The main products that Philippines exported to United Arab Emirates were Office Machine Parts ($201M), Gold ($191M), and Electric Heaters ($29.2M). Over the past 5 years the exports of Philippines to United Arab Emirates have increased at an annualized rate of 5.86%,  from $621M in 2018 to $826M in 2023.

In 2023, Philippines did not export any services to United Arab Emirates.

Comparison: In 2023,  United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B). 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, United Arab Emirates exported $1.62B to Philippines. The main products exported from United Arab Emirates to Philippines were Crude Petroleum ($1.17B), Petroleum Gas ($207M), and Refined Petroleum ($55.7M). During the last 5 years the exports of United Arab Emirates to Philippines have decreased at an annualized rate of 1.13%, from $1.72B in 2018 to $1.62B in 2023.

In 2018, Philippines exported $826M to United Arab Emirates. The main products exported from Philippines to United Arab Emirates were Office Machine Parts ($201M), Gold ($191M), and Electric Heaters ($29.2M). During the last 5 years the exports of Philippines to United Arab Emirates have increased at an annualized rate of 5.86%, from $621M in 2023 to $826M in 2018.

Exports from United Arab Emirates (Flag) to Philippines (Flag) (2023)

Exports from Philippines (Flag) to United Arab Emirates (Flag) (2023)

Latest Data

Trade between United Arab Emirates (Flag) and Philippines (Flag)

United Arab Emirates Exports

Philippines Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationChina$40.2B
Philippines
Top DestinationChina$19B

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

In 2023, countries that imported more from United Arab Emirates than Philippines included India ($38.2B), Japan ($37.4B), and Iraq ($22.6B).

In 2023, countries that imported more from Philippines than United Arab Emirates included United States ($13.3B), Mexico ($3.02B), and South Korea ($3.48B).

Difference in imports from Philippines (Flag) and United Arab Emirates (Flag) (2023)

Comparative Advantage United Arab Emirates - Philippines

Flow
Scale

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

During 2023, United Arab Emirates had a large net trade with Philippines in the exports of Mineral Products ($1.44B), Metals ($42.7M), and Transportation ($27M).

During 2018, Philippines had a large net trade with United Arab Emirates in the exports of Machines ($357M), Precious Metals ($193M), and Foodstuffs ($80M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Philippines+$43.2MRefined Petroleum
Top Product Potential Philippines United Arab Emirates+$113MGold

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 United Arab Emirates and Philippines. This means that a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Philippines. Similarly, a dot/product with the flag of Philippines indicates it has a comparative advantage over United Arab Emirates.

Product Space of United Arab Emirates (Flag) and Philippines (Flag) (2023)

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