2022
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GDP
$529BCURRENT US$
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2012-2022
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GDP GROWTH
135%CURRENT US$
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2022
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 GDP
$404BCURRENT US$
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2012-2022
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GDP GROWTH
54.4%CURRENT US$
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2022
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GDP PC 
$104,039CURRENT US$
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2012-2022
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GDP PC GROWTH
112%CURRENT US$
Rnk 7 / 186
2022
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GDP PC
$3,499CURRENT US$
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2012-2022
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GDP PC GROWTH
30.9%CURRENT US$
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About

Ireland-Philippines Trade: In 2022, Ireland exported $309M to Philippines. The main products that Ireland exported to Philippines were Frozen Bovine Meat ($39.5M), Concentrated Milk ($36.8M), and Integrated Circuits ($24.8M). Over the past 5 years the exports of Ireland to Philippines have increased at an annualized rate of 9.43%, from $197M in 2017 to $309M in 2022.

In 2020, Ireland exported services to Philippines worth $304M, with Other business services ($298M), Financial services ($4.57M), and Communications services ($1.14M) being the largest in terms of value.

Philippines-Ireland Trade: In 2022, Philippines exported $260M to Ireland. The main products that Philippines exported to Ireland were Office Machine Parts ($91.8M), Integrated Circuits ($58.2M), and Semiconductor Devices ($24M). Over the past 5 years the exports of Philippines to Ireland have increased at an annualized rate of 2.45%,  from $172M in 2017 to $260M in 2022.

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

Comparison: In 2022,  Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B). 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, Ireland exported $309M to Philippines. The main products exported from Ireland to Philippines were Frozen Bovine Meat ($39.5M), Concentrated Milk ($36.8M), and Integrated Circuits ($24.8M). During the last 5 years the exports of Ireland to Philippines have increased at an annualized rate of 9.43%, from $197M in 2017 to $309M in 2022.

In 2017, Philippines exported $260M to Ireland. The main products exported from Philippines to Ireland were Office Machine Parts ($91.8M), Integrated Circuits ($58.2M), and Semiconductor Devices ($24M). During the last 5 years the exports of Philippines to Ireland have increased at an annualized rate of 2.45%, from $172M in 2022 to $260M in 2017.

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

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

Market Competitiveness

Color
Ireland
Top Destination
United States$70.7B
Philippines
Top Destination
United States$15.5B

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

In 2022, countries that imported more from Ireland than Philippines included United States ($70.7B), Germany ($28.6B), and Belgium ($17B).

In 2022, countries that imported more from Philippines than Ireland included Hong Kong ($12.6B), Singapore ($7.07B), and Japan ($11.3B).

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

Comparative Advantage Ireland - Philippines

Flow
Scale

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

During 2022, Ireland had a large net trade with Philippines in the exports of Animal Products ($121M), Chemical Products ($52.6M), and Machines ($47.4M).

During 2017, Philippines had a large net trade with Ireland in the exports of Machines ($220M), Instruments ($12.6M), and Vegetable Products ($7.13M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Philippines+$40.1MIntegrated Circuits
Top Product Potential Philippines Ireland+$48.9MComputers

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

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

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