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Pricing

2022
Flag → Flag
Exports $916kRnk 81 / 127
2022
Flag → Flag
Top Product $561kVaccines, blood, antisera, toxins and cultures
2022
Flag → Flag
Exports $26.7MRnk 67 / 205
2022
Flag → Flag
Top Product $16.9MBananas
2022
Flag
Economic Complexity (ECI) ECI 0.072Rnk 60 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag  
GDP$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
 GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
GDP PC $4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH-47.3%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186

About

Iran-Philippines Trade: In 2022, Iran exported $916k to Philippines. The main products that Iran exported to Philippines were Vaccines, blood, antisera, toxins and cultures ($561k), Plastic Pipes ($223k), and Grapes ($38.6k). Over the past 5 years the exports of Iran to Philippines have decreased at an annualized rate of 59.7%, from $86.3M in 2017 to $916k in 2022.

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

Philippines-Iran Trade: In 2022, Philippines exported $26.7M to Iran. The main products that Philippines exported to Iran were Bananas ($16.9M), Tropical Fruits ($6.55M), and Coated Metal Soldering Products ($1.34M). Over the past 5 years the exports of Philippines to Iran have decreased at an annualized rate of 36.7%,  from $262M in 2017 to $26.7M in 2022.

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

Comparison: In 2022,  Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B). 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, Iran exported $916k to Philippines. The main products exported from Iran to Philippines were Vaccines, blood, antisera, toxins and cultures ($561k), Plastic Pipes ($223k), and Grapes ($38.6k). During the last 5 years the exports of Iran to Philippines have decreased at an annualized rate of 59.7%, from $86.3M in 2017 to $916k in 2022.

In 2017, Philippines exported $26.7M to Iran. The main products exported from Philippines to Iran were Bananas ($16.9M), Tropical Fruits ($6.55M), and Coated Metal Soldering Products ($1.34M). During the last 5 years the exports of Philippines to Iran have decreased at an annualized rate of 36.7%, from $262M in 2022 to $26.7M in 2017.

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

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

Latest Data

Trade between Iran (Flag) and Philippines (Flag)

Philippines Exports

Market Competitiveness

Color
Iran
Top DestinationChina$5.72B
Philippines
Top DestinationUnited States$15.5B

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 2022, countries that imported more from Iran than Philippines included Turkey ($3.17B), Kuwait ($960M), and Pakistan ($762M).

In 2022, countries that imported more from Philippines than Iran included United States ($15.5B), Hong Kong ($12.6B), and Japan ($11.3B).

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

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 2022, Iran had a large net trade with Philippines in the exports of Chemical Products ($561k), Plastics and Rubbers ($227k), and Vegetable Products ($61.2k).

During 2017, Philippines had a large net trade with Iran in the exports of Vegetable Products ($24.2M), Metals ($1.34M), and Animal and Vegetable Bi-Products ($796k).

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) (2022)

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