Australia (AUS) and Philippines (PHL) Trade | The Observatory of Economic Complexity

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Australia-Philippines Trade: In 2023, Australia exported $4B to Philippines. The main products that Australia exported to Philippines were Copper Ore ($1.84B), Wheat ($937M), and Precious Metal Ore ($102M). Over the past 5 years the exports of Australia to Philippines have increased at an annualized rate of 16.3%, from $1.88B in 2018 to $4B in 2023.

In 2009, Australia exported services to Philippines worth $263M, with Travel ($197M), Other business services ($48.3M), and Transportation ($7.92M) being the largest in terms of value.

Philippines-Australia In N/A, Philippines did not export any products to Australia.

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

Comparison: In 2023, Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Australia exported $4B to Philippines. The main products exported from Australia to Philippines were Copper Ore ($1.84B), Wheat ($937M), and Precious Metal Ore ($102M). During the last 5 years the exports of Australia to Philippines have increased at an annualized rate of 16.3%, from $1.88B in 2018 to $4B in 2023.

Philippines does not register exports to Australia. The main products exported from Philippines to Australia were Gold ($125M), Office Machine Parts ($53.8M), and Raw Copper ($47.8M).

Exports from Australia () to Philippines () (2023)

Exports from Philippines () to Australia () (2023)

Latest Data

Trade between Australia () and Philippines ()

Australia Exports

Date

Philippines Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Australia
Top DestinationChina$137B

Philippines
Top DestinationChina$19B

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

In 2023, countries that imported more from Australia than Philippines included China ($137B), Japan ($59B), and India ($19.9B).

In 2023, countries that imported more from Philippines than Australia included Hong Kong ($11.7B), Mexico ($3.02B), and Czechia ($529M).

Difference in imports from Philippines () and Australia () (2023)

Comparative Advantage Australia - Philippines

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Australia had a large net trade with Philippines in the exports of Mineral Products ($2.08B), Vegetable Products ($1.17B), and Animal Products ($218M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Australia Philippines+$111MCoal Briquettes

Top Product Potential Philippines Australia+$52.9MGold

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Australia () to Philippines () (2023)

Exports from Philippines () to Australia () (2023)

Latest Data

Trade between Australia () and Philippines ()

Australia Exports

Philippines Exports

Market Competitiveness

Difference in imports from Philippines () and Australia () (2023)

Comparative Advantage Australia - Philippines

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Australia () and Philippines () (2023)

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