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2023
Flag → Flag
Exports $367MRnk 36 / 168
2023
Flag → Flag
Top Product $202MSoybean Meal
2023
Flag → Flag
Exports $118MRnk 35 / 201
2023
Flag → Flag
Top Product $64.4MMotor vehicles; parts and accessories (8701 to 8705)
2023
Flag
Economic Complexity (ECI) ECI 0.043Rnk 61 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 132
2023
Flag  
GDP$646BCURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP GROWTH17%CURRENT US$
Rnk 148 / 195
2023
Flag
 GDP$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH54%CURRENT US$
Rnk 67 / 195
2023
Flag
GDP PC $14,187CURRENT US$
Rnk 73 / 195
2013-2023
Flag
GDP PC GROWTH9.44%CURRENT US$
Rnk 135 / 195
2023
Flag
GDP PC$3,805CURRENT US$
Rnk 133 / 196
2013-2023
Flag
GDP PC GROWTH36.8%CURRENT US$
Rnk 65 / 195

About

Argentina-Philippines Trade: In 2023, Argentina exported $367M to Philippines. The main products that Argentina exported to Philippines were Soybean Meal ($202M), Corn ($89.9M), and Dried Legumes ($12.5M). Over the past 5 years the exports of Argentina to Philippines have increased at an annualized rate of 3.68%, from $307M in 2018 to $367M in 2023.

In 2023, Argentina did not export any services to Philippines.

Philippines-Argentina Trade: In 2023, Philippines exported $118M to Argentina. The main products that Philippines exported to Argentina were Motor vehicles; parts and accessories (8701 to 8705) ($64.4M), Office Machine Parts ($7.6M), and Vegetable Saps ($4.81M). Over the past 5 years the exports of Philippines to Argentina have decreased at an annualized rate of 8.2%,  from $182M in 2018 to $118M in 2023.

In 2023, Philippines did not export any services to Argentina.

Comparison: In 2023,  Argentina ranked 61 in the Economic Complexity Index (ECI 0.043), and 50 in total exports ($68.3B). 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, Argentina exported $367M to Philippines. The main products exported from Argentina to Philippines were Soybean Meal ($202M), Corn ($89.9M), and Dried Legumes ($12.5M). During the last 5 years the exports of Argentina to Philippines have increased at an annualized rate of 3.68%, from $307M in 2018 to $367M in 2023.

In 2018, Philippines exported $118M to Argentina. The main products exported from Philippines to Argentina were Motor vehicles; parts and accessories (8701 to 8705) ($64.4M), Office Machine Parts ($7.6M), and Vegetable Saps ($4.81M). During the last 5 years the exports of Philippines to Argentina have decreased at an annualized rate of 8.2%, from $182M in 2023 to $118M in 2018.

Exports from Argentina (Flag) to Philippines (Flag) (2023)

Exports from Philippines (Flag) to Argentina (Flag) (2023)

Latest Data

Trade between Argentina (Flag) and Philippines (Flag)

Argentina Exports

Philippines Exports

Market Competitiveness

Color
Argentina
Top DestinationBrazil$12.1B
Philippines
Top DestinationChina$19B

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

In 2023, countries that imported more from Argentina than Philippines included Brazil ($12.1B), Chile ($5.57B), and Peru ($2.55B).

In 2023, countries that imported more from Philippines than Argentina included China ($19B), Hong Kong ($11.7B), and Japan ($11.4B).

Difference in imports from Philippines (Flag) and Argentina (Flag) (2023)

Comparative Advantage Argentina - Philippines

Flow
Scale

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

During 2023, Argentina had a large net trade with Philippines in the exports of Foodstuffs ($218M), Vegetable Products ($123M), and Wood Products ($12.5M).

During 2018, Philippines had a large net trade with Argentina in the exports of Transportation ($65M), Machines ($26.5M), and Vegetable Products ($7.28M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Argentina Philippines+$7.21kRefined Petroleum
Top Product Potential Philippines Argentina+$6.42kIntegrated Circuits

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

Product Space of Argentina (Flag) and Philippines (Flag) (2023)

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