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2023
Flag → Flag
Exports $368kRnk 91 / 130
2023
Flag → Flag
Top Product $92.3kOther Nuts
2023
Flag → Flag
Exports $37.7MRnk 58 / 201
2023
Flag → Flag
Top Product $28.6MBananas
2023
Flag
Economic Complexity (ECI) ECI 0.084Rnk 58 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 132
2023
Flag  
GDP$405BCURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP GROWTH-19.1%CURRENT US$
Rnk 189 / 195
2023
Flag
 GDP$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH54%CURRENT US$
Rnk 67 / 195
2023
Flag
GDP PC $4,466CURRENT US$
Rnk 125 / 195
2013-2023
Flag
GDP PC GROWTH-28.2%CURRENT US$
Rnk 186 / 195
2023
Flag
GDP PC$3,805CURRENT US$
Rnk 133 / 196
2013-2023
Flag
GDP PC GROWTH36.8%CURRENT US$
Rnk 65 / 195

About

Iran-Philippines Trade: In 2023, Iran exported $368k to Philippines. The main products that Iran exported to Philippines were Other Nuts ($92.3k), Packaged Medicaments ($87.4k), and Hand-Woven Rugs ($31.6k). Over the past 5 years the exports of Iran to Philippines have decreased at an annualized rate of 55.6%, from $21.4M in 2018 to $368k in 2023.

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

Philippines-Iran Trade: In 2023, Philippines exported $37.7M to Iran. The main products that Philippines exported to Iran were Bananas ($28.6M), Tropical Fruits ($6.31M), and Vegetable Saps ($1.62M). Over the past 5 years the exports of Philippines to Iran have decreased at an annualized rate of 18.9%,  from $132M in 2018 to $37.7M in 2023.

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

Comparison: In 2023,  Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B). 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, Iran exported $368k to Philippines. The main products exported from Iran to Philippines were Other Nuts ($92.3k), Packaged Medicaments ($87.4k), and Hand-Woven Rugs ($31.6k). During the last 5 years the exports of Iran to Philippines have decreased at an annualized rate of 55.6%, from $21.4M in 2018 to $368k in 2023.

In 2018, Philippines exported $37.7M to Iran. The main products exported from Philippines to Iran were Bananas ($28.6M), Tropical Fruits ($6.31M), and Vegetable Saps ($1.62M). During the last 5 years the exports of Philippines to Iran have decreased at an annualized rate of 18.9%, from $132M in 2023 to $37.7M in 2018.

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

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

Latest Data

Trade between Iran (Flag) and Philippines (Flag)

Philippines Exports

Market Competitiveness

Color
Iran
Top DestinationChina$4.59B
Philippines
Top DestinationChina$19B

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

In 2023, countries that imported more from Iran than Philippines included Turkey ($2.18B), Pakistan ($943M), and Armenia ($597M).

In 2023, countries that imported more from Philippines than Iran included China ($19B), United States ($13.3B), and Hong Kong ($11.7B).

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

Comparative Advantage Iran - Philippines

Flow
Scale

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

During 2023, Iran had a large net trade with Philippines in the exports of Vegetable Products ($172k), Chemical Products ($102k), and Textiles ($37.8k).

During 2018, Philippines had a large net trade with Iran in the exports of Vegetable Products ($36.5M), Metals ($786k), and Animal and Vegetable Bi-Products ($242k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iran Philippines+$5.32kRefined Petroleum
Top Product Potential Philippines Iran+$6.7kIntegrated 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 Iran and Philippines. This means that a dot/product with the flag of Iran indicates it has a comparative advantage over Philippines. Similarly, a dot/product with the flag of Philippines indicates it has a comparative advantage over Iran.

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

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