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Pricing

2023
Flag → Flag
Exports $4.01MRnk 110 / 201
2023
Flag → Flag
Top Product $798kOffice Machine Parts
2023
Flag → Flag
Exports $280kRnk 75 / 133
2023
Flag → Flag
Top Product $195kFerroalloys
2023
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.094Rnk 57 / 132
2023
Flag  
GDP$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH54%CURRENT US$
Rnk 67 / 195
2023
Flag
 GDP$24.1BCURRENT US$
Rnk 114 / 195
2013-2023
Flag
GDP GROWTH117%CURRENT US$
Rnk 9 / 195
2023
Flag
GDP PC $3,805CURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP PC GROWTH36.8%CURRENT US$
Rnk 65 / 195
2023
Flag
GDP PC$8,053CURRENT US$
Rnk 96 / 196
2013-2023
Flag
GDP PC GROWTH119%CURRENT US$
Rnk 4 / 195

About

Philippines-Armenia Trade: In 2023, Philippines exported $4.01M to Armenia. The main products that Philippines exported to Armenia were Office Machine Parts ($798k), Electrical Transformers ($763k), and Electric Heaters ($239k). Over the past 5 years the exports of Philippines to Armenia have increased at an annualized rate of 11.5%, from $2.32M in 2018 to $4.01M in 2023.

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

Armenia-Philippines Trade: In 2023, Armenia exported $280k to Philippines. The main products that Armenia exported to Philippines were Ferroalloys ($195k), Industrial Printers ($32.2k), and Processed Tobacco ($25.2k). Over the past 5 years the exports of Armenia to Philippines have increased at an annualized rate of 40%,  from $26.5k in 2018 to $280k in 2023.

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

Comparison: In 2023,  Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B). That same year, Armenia ranked 57 in the Economic Complexity Index (ECI 0.094), and 107 in total exports ($9.02B).

Latest Trends

N/A

About

Overview In N/A, Philippines exported $N/A and imported $N/A from Armenia, resulting in a N/A trade balance of $N/A. Between N/A and N/A the exports of Philippines have N/A by $N/A (N/A) from $N/A to $N/A, while imports N/A by $N/A (N/A) from $N/A to $N/A.

Trade In N/A, the top exports of Philippines to Armenia were Other Processed Fruits and Nuts ($23.2k) and Fruit Juice ($9.28k). In N/A the top imports of Philippines from Armenia were Non-Knit Women's Suits ($697), Non-Knit Men's Coats ($529), and Pens ($390).

Growth In N/A, the N/A in Philippines's year-by-year exports to Armenia was explained primarily by an decrease in product exports in . In N/A, the N/A in Philippines's year-by-year imports  from Armenia was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth

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 Armenia and Philippines trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Armenia and Philippines Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Philippines exported $4.01M to Armenia. The main products exported from Philippines to Armenia were Office Machine Parts ($798k), Electrical Transformers ($763k), and Electric Heaters ($239k). During the last 5 years the exports of Philippines to Armenia have increased at an annualized rate of 11.5%, from $2.32M in 2018 to $4.01M in 2023.

In 2018, Armenia exported $280k to Philippines. The main products exported from Armenia to Philippines were Ferroalloys ($195k), Industrial Printers ($32.2k), and Processed Tobacco ($25.2k). During the last 5 years the exports of Armenia to Philippines have increased at an annualized rate of 40%, from $26.5k in 2023 to $280k in 2018.

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

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

Market Competitiveness

Color
Philippines
Top DestinationChina$19B
Armenia
Top DestinationRussia$3.38B

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

In 2023, countries that imported more from Philippines than Armenia included China ($19B), United States ($13.3B), and Japan ($11.4B).

In 2023, countries that imported more from Armenia than Philippines included Russia ($3.38B), United Arab Emirates ($2.25B), and Georgia ($340M).

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

Comparative Advantage Philippines - Armenia

Flow
Scale

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

During 2023, Philippines had a large net trade with Armenia in the exports of Machines ($3M), Foodstuffs ($282k), and Instruments ($226k).

During 2018, Armenia had a large net trade with Philippines in the exports of Metals ($197k), Machines ($45.6k), and Foodstuffs ($25.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Armenia+$2.07MComputers
Top Product Potential Armenia Philippines+$10.2kPens

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

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

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