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2022
Flag → Flag
Exports $776MRnk 21 / 205
2022
Flag → Flag
Top Product $84MGold
2022
Flag → Flag
Exports $3.28BRnk 18 / 213
2022
Flag → Flag
Top Product $1.11BWheat
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.24Rnk 78 / 133
2022
Flag  
GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
 GDP$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP GROWTH8.3%CURRENT US$
Rnk 148 / 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$64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH-5.23%CURRENT US$
Rnk 153 / 186

About

Philippines-Australia Trade: In 2022, Philippines exported $776M to Australia. The main products that Philippines exported to Australia were Gold ($84M), Office Machine Parts ($72.2M), and Electric Batteries ($53.9M). Over the past 5 years the exports of Philippines to Australia have increased at an annualized rate of 3.45%, from $655M in 2017 to $776M in 2022.

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

Australia-Philippines Trade: In 2022, Australia exported $3.28B to Philippines. The main products that Australia exported to Philippines were Wheat ($1.11B), Copper Ore ($633M), and Precious Metal Ore ($325M). Over the past 5 years the exports of Australia to Philippines have increased at an annualized rate of 9.93%,  from $2.05B in 2017 to $3.28B in 2022.

In 2009, Australia exported services to Philippines worth $263M, with Travel ($197M), Other business services ($48.3M), and Transportation ($7.92M) being the largest in terms of value.

Comparison: In 2022,  Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B). That same year, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B).

Latest Trends

August, 2024

About

Overview In August 2024, Philippines exported $46.9M and imported $240M from Australia, resulting in a negative trade balance of $193M. Between August 2023 and August 2024 the exports of Philippines have decreased by $-15.9M (-25.3%) from $62.7M to $46.9M, while imports decreased by $-100M (-29.5%) from $340M to $240M.

Trade In August 2024, the top exports of Philippines to Australia were Raw Copper ($10.8M), Gold ($5.34M), Electric Batteries ($3.34M), Industrial Printers ($2.08M), and Electrical Transformers ($2.01M). In August 2024 the top imports of Philippines from Australia were Wheat ($112M), Copper Ore ($82M), Barley ($21.1M), Malt ($8.75M), and Documents of title (bonds etc) and... ($7.56M).

Growth In August 2024, the decrease in Philippines's year-by-year exports to Australia was explained primarily by an decrease in product exports in Industrial Printers ($-2.21M or -51.5%), Padlocks ($-860k or -76.6%), and Other Processed Fruits and Nuts ($-817k or -59.5%). In August 2024, the decrease in Philippines's year-by-year imports  from Australia was explained primarily by an decrease in product imports  in Video and Card Games ($-14.3M or -100%), Frozen Bovine Meat ($-3.35M or -37.9%), and Barley ($-3.16M or -13%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$-15.9M(-25.3%)
IMPORT GROWTH (August 2023 - August 2024)$-100M(-29.5%)

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 Australia and Philippines trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Australia and Philippines Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $776M to Australia. The main products exported from Philippines to Australia were Gold ($84M), Office Machine Parts ($72.2M), and Electric Batteries ($53.9M). During the last 5 years the exports of Philippines to Australia have increased at an annualized rate of 3.45%, from $655M in 2017 to $776M in 2022.

In 2017, Australia exported $3.28B to Philippines. The main products exported from Australia to Philippines were Wheat ($1.11B), Copper Ore ($633M), and Precious Metal Ore ($325M). During the last 5 years the exports of Australia to Philippines have increased at an annualized rate of 9.93%, from $2.05B in 2022 to $3.28B in 2017.

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

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

Market Competitiveness

Color
Philippines
Top DestinationUnited States$15.5B
Australia
Top DestinationChina$123B

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

In 2022, countries that imported more from Philippines than Australia included Hong Kong ($12.6B), Mexico ($2.69B), and United Kingdom ($4.52B).

In 2022, countries that imported more from Australia than Philippines included China ($123B), Japan ($80.1B), and South Korea ($41B).

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

Comparative Advantage Philippines - Australia

Flow
Scale

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

During 2022, Philippines had a large net trade with Australia in the exports of Machines ($293M), Precious Metals ($85.7M), and Chemical Products ($82.9M).

During 2017, Australia had a large net trade with Philippines in the exports of Vegetable Products ($1.33B), Mineral Products ($1.15B), and Animal Products ($299M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Australia+$52.9MGold
Top Product Potential Australia Philippines+$111MCoal Briquettes

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

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

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