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2022
Flag → Flag
Exports $1.42BRnk 16 / 205
2022
Flag → Flag
Exports $1.68BRnk 40 / 219
2022
Flag → Flag
Top Product $949MCrude Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.24Rnk 53 / 133
2022
Flag  
GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
 GDP$508BCURRENT US$
Rnk 28 / 186
2012-2022
Flag
GDP GROWTH32%CURRENT US$
Rnk 93 / 186
2022
Flag
GDP PC $3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186
2022
Flag
GDP PC$53,758CURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP PC GROWTH21.1%CURRENT US$
Rnk 81 / 186

About

Philippines-United Arab Emirates Trade: In 2022, Philippines exported $1.42B to United Arab Emirates. The main products that Philippines exported to United Arab Emirates were N/A. Over the past 5 years the exports of Philippines to United Arab Emirates have increased at an annualized rate of 12%, from $806M in 2017 to $1.42B in 2022.

In 2022, Philippines did not export any services to United Arab Emirates.

United Arab Emirates-Philippines Trade: In 2022, United Arab Emirates exported $1.68B to Philippines. The main products that United Arab Emirates exported to Philippines were Crude Petroleum ($949M), Petroleum Gas ($230M), and Refined Petroleum ($162M). Over the past 5 years the exports of United Arab Emirates to Philippines have increased at an annualized rate of 13.4%,  from $897M in 2017 to $1.68B in 2022.

In 2022, United Arab Emirates did not export any services to Philippines.

Comparison: In 2022,  Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B). That same year, United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B).

Latest Trends

June, 2024

About

Overview In June 2024, Philippines exported $31.3M and imported $91.9M from United Arab Emirates, resulting in a negative trade balance of $60.7M. Between June 2023 and June 2024 the exports of Philippines have increased by $2.27M (7.84%) from $29M to $31.3M, while imports increased by $70.9M (337%) from $21M to $91.9M.

Trade In June 2024, the top exports of Philippines to United Arab Emirates were Industrial Printers ($7.82M), Video Displays ($3.12M), Computers ($2.34M), Electrical Transformers ($2.02M), and Tropical Fruits ($1.59M). In June 2024 the top imports of Philippines from United Arab Emirates were Crude Petroleum ($114M), Petroleum Gas ($41.7M), Cars ($2.24M), Insulated Wire ($2.11M), and Copper Bars ($1.84M).

Growth In June 2024, the increase in Philippines's year-by-year exports to United Arab Emirates was explained primarily by an increase in product exports in Video Displays ($1.73M or 124%), Electrical Transformers ($1.3M or 180%), and Electric Batteries ($1.1M or 1.06k%). In June 2024, the increase in Philippines's year-by-year imports  from United Arab Emirates was explained primarily by an increase in product imports  in Petroleum Gas ($40.1M or 2.55k%), Insulated Wire ($2.1M or 121k%), and Copper Bars ($1.79M or 3.37k%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (June 2023 - June 2024)$2.27M(7.84%)
IMPORT GROWTH (June 2023 - June 2024)$70.9M(337%)

This section shows exports and imports data at subnational level for Philippines. Click any date in the line plot or any product to explore the exports or imports behavior of Philippines over time.

To check United Arab Emirates and Philippines trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore United Arab Emirates and Philippines Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $1.42B to United Arab Emirates. There were not main exports from Philippines to United Arab Emirates in 2022. During the last 5 years the exports of Philippines to United Arab Emirates have increased at an annualized rate of 12%, from $806M in 2017 to $1.42B in 2022.

In 2017, United Arab Emirates exported $1.68B to Philippines. The main products exported from United Arab Emirates to Philippines were Crude Petroleum ($949M), Petroleum Gas ($230M), and Refined Petroleum ($162M). During the last 5 years the exports of United Arab Emirates to Philippines have increased at an annualized rate of 13.4%, from $897M in 2022 to $1.68B in 2017.

Exports from Philippines (Flag) to United Arab Emirates (Flag) (2022)

Exports from United Arab Emirates (Flag) to Philippines (Flag) (2022)

Market Competitiveness

Color
Philippines
Top DestinationUnited States$15.5B
United Arab Emirates
Top DestinationIndia$51B

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

In 2022, countries that imported more from Philippines than United Arab Emirates included United States ($15.5B), Germany ($5.08B), and Hong Kong ($12.6B).

In 2022, countries that imported more from United Arab Emirates than Philippines included India ($51B), Japan ($40.9B), and Saudi Arabia ($27.8B).

Difference in imports from United Arab Emirates (Flag) and Philippines (Flag) (2022)

Comparative Advantage Philippines - United Arab Emirates

Flow
Scale

This chart compares trade between Philippines and United Arab Emirates by product, considering products traded by both, Philippines and United Arab Emirates.

During 2022, Philippines had a large net trade with United Arab Emirates in the exports of Precious Metals ($931M), Machines ($236M), and Foodstuffs ($81.2M).

During 2017, United Arab Emirates had a large net trade with Philippines in the exports of Mineral Products ($1.35B), Miscellaneous ($67.3M), and Metals ($58.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines United Arab Emirates+$113MGold
Top Product Potential United Arab Emirates Philippines+$43.2MRefined Petroleum

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

Product Space of Philippines (Flag) and United Arab Emirates (Flag) (2022)

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