2022
Flag  
GDP
$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH
99%CURRENT US$
Rnk 14 / 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 
$54,660CURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP PC GROWTH
64.9%CURRENT US$
Rnk 21 / 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

Israel-Philippines Trade: In 2022, Israel exported $482M to Philippines. The main products that Israel exported to Philippines were Tanks and Armored vehicles ($84M), Planes, Helicopters, and/or Spacecraft ($74.1M), and Integrated Circuits ($41.6M). Over the past 5 years the exports of Israel to Philippines have increased at an annualized rate of 21%, from $186M in 2017 to $482M in 2022.

In 2012, Israel exported services to Philippines worth $11.8M, with Computer and information services ($11.8M) being the largest in terms of value.

Philippines-Israel Trade: In 2022, Philippines exported $110M to Israel. The main products that Philippines exported to Israel were Integrated Circuits ($65.7M), Other Engines ($5.39M), and Coconuts, Brazil Nuts, and Cashews ($4.04M). Over the past 5 years the exports of Philippines to Israel have increased at an annualized rate of 1.43%,  from $102M in 2017 to $110M in 2022.

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

Comparison: In 2022,  Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B). 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, Israel exported $482M to Philippines. The main products exported from Israel to Philippines were Tanks and Armored vehicles ($84M), Planes, Helicopters, and/or Spacecraft ($74.1M), and Integrated Circuits ($41.6M). During the last 5 years the exports of Israel to Philippines have increased at an annualized rate of 21%, from $186M in 2017 to $482M in 2022.

In 2017, Philippines exported $110M to Israel. The main products exported from Philippines to Israel were Integrated Circuits ($65.7M), Other Engines ($5.39M), and Coconuts, Brazil Nuts, and Cashews ($4.04M). During the last 5 years the exports of Philippines to Israel have increased at an annualized rate of 1.43%, from $102M in 2022 to $110M in 2017.

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

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

Latest Data

Trade between Israel (Flag) and Philippines (Flag)

Israel Exports

Philippines Exports

Market Competitiveness

Color
Israel
Top Destination
United States$20.3B
Philippines
Top Destination
United States$15.5B

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

In 2022, countries that imported more from Israel than Philippines included United States ($20.3B), Palestine ($4.6B), and Ireland ($3.86B).

In 2022, countries that imported more from Philippines than Israel included Hong Kong ($12.6B), Japan ($11.3B), and China ($15.3B).

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

Comparative Advantage Israel - Philippines

Flow
Scale

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

During 2022, Israel had a large net trade with Philippines in the exports of Transportation ($208M), Machines ($111M), and Weapons ($65.7M).

During 2017, Philippines had a large net trade with Israel in the exports of Machines ($88.2M), Vegetable Products ($5.2M), and Instruments ($4.83M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Israel Philippines+$40.6MIntegrated Circuits
Top Product Potential Philippines Israel+$63.6MIntegrated 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 Israel and Philippines. This means that a dot/product with the flag of Israel indicates it has a comparative advantage over Philippines. Similarly, a dot/product with the flag of Philippines indicates it has a comparative advantage over Israel.

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

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