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Pricing

2022
Flag → Flag
Exports $8.44kRnk 112 / 129
2022
Flag → Flag
Top Product $4.56kPens
2022
Flag → Flag
Exports $9.55MRnk 84 / 205
2022
Flag → Flag
Top Product $3.06MOffice Machine Parts
2022
Flag
Economic Complexity (ECI) ECI 0.00081Rnk 66 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag  
GDP$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
 GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
GDP PC $7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH92.5%CURRENT US$
Rnk 10 / 186
2022
Flag
GDP PC$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186

About

Armenia-Philippines Trade: In 2022, Armenia exported $8.44k to Philippines. The main products that Armenia exported to Philippines were Pens ($4.56k), Non-Knit Men's Suits ($1.01k), and Non-Knit Women's Coats ($692). Over the past 5 years the exports of Armenia to Philippines have decreased at an annualized rate of 27.7%, from $42.8k in 2017 to $8.44k in 2022.

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

Philippines-Armenia Trade: In 2022, Philippines exported $9.55M to Armenia. The main products that Philippines exported to Armenia were Office Machine Parts ($3.06M), Other Domestic Electric Housewares ($1.63M), and Electric Heaters ($1.39M). Over the past 5 years the exports of Philippines to Armenia have increased at an annualized rate of 12.5%,  from $2.06M in 2017 to $9.55M in 2022.

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

Comparison: In 2022,  Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B). 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, Armenia exported $8.44k to Philippines. The main products exported from Armenia to Philippines were Pens ($4.56k), Non-Knit Men's Suits ($1.01k), and Non-Knit Women's Coats ($692). During the last 5 years the exports of Armenia to Philippines have decreased at an annualized rate of 27.7%, from $42.8k in 2017 to $8.44k in 2022.

In 2017, Philippines exported $9.55M to Armenia. The main products exported from Philippines to Armenia were Office Machine Parts ($3.06M), Other Domestic Electric Housewares ($1.63M), and Electric Heaters ($1.39M). During the last 5 years the exports of Philippines to Armenia have increased at an annualized rate of 12.5%, from $2.06M in 2022 to $9.55M in 2017.

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

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

Latest Data

Trade between Armenia (Flag) and Philippines (Flag)

Armenia Exports

Philippines Exports

Market Competitiveness

Color
Armenia
Top DestinationRussia$2.36B
Philippines
Top DestinationUnited States$15.5B

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

In 2022, countries that imported more from Armenia than Philippines included Russia ($2.36B), Georgia ($260M), and Iraq ($250M).

In 2022, countries that imported more from Philippines than Armenia included United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

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

Comparative Advantage Armenia - Philippines

Flow
Scale

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

During 2022, Armenia had a large net trade with Philippines in the exports of Miscellaneous ($4.56k), Textiles ($1.96k), and Machines ($1.16k).

During 2017, Philippines had a large net trade with Armenia in the exports of Machines ($8.75M), Instruments ($203k), and Foodstuffs ($175k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Armenia Philippines+$10.2kPens
Top Product Potential Philippines Armenia+$2.07MComputers

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

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

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