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2023
Flag → Flag
Exports $11.4BRnk 7 / 213
2023
Flag → Flag
Top Product $3.43BCoal Briquettes
2023
Flag → Flag
Exports $1.51BRnk 18 / 201
2023
Flag → Flag
Top Product $272MSemiconductor Devices
2023
Flag
Economic Complexity (ECI) ECI -0.085Rnk 65 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 132
2023
Flag  
GDP$1.37TCURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 75 / 195
2023
Flag
 GDP$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH54%CURRENT US$
Rnk 67 / 195
2023
Flag
GDP PC $4,876CURRENT US$
Rnk 123 / 195
2013-2023
Flag
GDP PC GROWTH36.7%CURRENT US$
Rnk 66 / 195
2023
Flag
GDP PC$3,805CURRENT US$
Rnk 133 / 196
2013-2023
Flag
GDP PC GROWTH36.8%CURRENT US$
Rnk 65 / 195

About

Indonesia-Philippines Trade: In 2023, Indonesia exported $11.4B to Philippines. The main products that Indonesia exported to Philippines were Coal Briquettes ($3.43B), Cars ($2.14B), and Copper Ore ($658M). Over the past 5 years the exports of Indonesia to Philippines have increased at an annualized rate of 9.12%, from $7.38B in 2018 to $11.4B in 2023.

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

Philippines-Indonesia Trade: In 2023, Philippines exported $1.51B to Indonesia. The main products that Philippines exported to Indonesia were Semiconductor Devices ($272M), Integrated Circuits ($239M), and Refined Copper ($128M). Over the past 5 years the exports of Philippines to Indonesia have increased at an annualized rate of 7.29%,  from $1.06B in 2018 to $1.51B in 2023.

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

Comparison: In 2023,  Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B). 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, Indonesia exported $11.4B to Philippines. The main products exported from Indonesia to Philippines were Coal Briquettes ($3.43B), Cars ($2.14B), and Copper Ore ($658M). During the last 5 years the exports of Indonesia to Philippines have increased at an annualized rate of 9.12%, from $7.38B in 2018 to $11.4B in 2023.

In 2018, Philippines exported $1.51B to Indonesia. The main products exported from Philippines to Indonesia were Semiconductor Devices ($272M), Integrated Circuits ($239M), and Refined Copper ($128M). During the last 5 years the exports of Philippines to Indonesia have increased at an annualized rate of 7.29%, from $1.06B in 2023 to $1.51B in 2018.

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

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

Latest Data

Trade between Indonesia (Flag) and Philippines (Flag)

Indonesia Exports

Philippines Exports

Market Competitiveness

Color
Indonesia
Top DestinationChina$70.7B
Philippines
Top DestinationChina$19B

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

In 2023, countries that imported more from Indonesia than Philippines included China ($70.7B), India ($24B), and United States ($27.9B).

In 2023, countries that imported more from Philippines than Indonesia included Hong Kong ($11.7B), Mexico ($3.02B), and Germany ($4.91B).

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

Comparative Advantage Indonesia - Philippines

Flow
Scale

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

During 2023, Indonesia had a large net trade with Philippines in the exports of Mineral Products ($4.19B), Transportation ($3.13B), and Foodstuffs ($1.12B).

During 2018, Philippines had a large net trade with Indonesia in the exports of Machines ($769M), Metals ($146M), and Chemical Products ($126M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Indonesia Philippines+$57.1MPalm Oil
Top Product Potential Philippines Indonesia+$201MIntegrated 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 Indonesia and Philippines. This means that a dot/product with the flag of Indonesia indicates it has a comparative advantage over Philippines. Similarly, a dot/product with the flag of Philippines indicates it has a comparative advantage over Indonesia.

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

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