2022
Flag  
GDP
$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP GROWTH
8.3%CURRENT US$
Rnk 148 / 186
2022
Flag
 GDP
$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH
54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
GDP PC 
$64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH
-5.23%CURRENT US$
Rnk 153 / 186
2022
Flag
GDP PC
$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH
30.9%CURRENT US$
Rnk 61 / 186

About

Australia-Philippines Trade: In 2022, Australia exported $3.28B to Philippines. The main products that Australia exported to Philippines were Wheat ($1.11B), Copper Ore ($633M), and Precious Metal Ore ($325M). Over the past 5 years the exports of Australia to Philippines have increased at an annualized rate of 9.93%, from $2.05B in 2017 to $3.28B in 2022.

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 Trade: In 2022, Philippines exported $776M to Australia. The main products that Philippines exported to Australia were Gold ($84M), Office Machine Parts ($72.2M), and Electric Batteries ($53.9M). Over the past 5 years the exports of Philippines to Australia have increased at an annualized rate of 3.45%,  from $655M in 2017 to $776M in 2022.

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

Comparison: In 2022,  Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B). 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, Australia exported $3.28B to Philippines. The main products exported from Australia to Philippines were Wheat ($1.11B), Copper Ore ($633M), and Precious Metal Ore ($325M). During the last 5 years the exports of Australia to Philippines have increased at an annualized rate of 9.93%, from $2.05B in 2017 to $3.28B in 2022.

In 2017, Philippines exported $776M to Australia. The main products exported from Philippines to Australia were Gold ($84M), Office Machine Parts ($72.2M), and Electric Batteries ($53.9M). During the last 5 years the exports of Philippines to Australia have increased at an annualized rate of 3.45%, from $655M in 2022 to $776M in 2017.

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

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

Latest Data

Trade between Australia (Flag) and Philippines (Flag)

Australia Exports

Philippines Exports

Market Competitiveness

Color
Australia
Top Destination
China$123B
Philippines
Top Destination
United States$15.5B

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 2022, countries that imported more from Australia than Philippines included China ($123B), Japan ($80.1B), and South Korea ($41B).

In 2022, countries that imported more from Philippines than Australia included Hong Kong ($12.6B), Mexico ($2.69B), and United Kingdom ($4.52B).

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

Comparative Advantage Australia - Philippines

Flow
Scale

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

During 2022, Australia had a large net trade with Philippines in the exports of Vegetable Products ($1.33B), Mineral Products ($1.15B), and Animal Products ($299M).

During 2017, Philippines had a large net trade with Australia in the exports of Machines ($293M), Precious Metals ($85.7M), and Chemical Products ($82.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
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

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.

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

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