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2023
Flag → Flag
Exports $8MRnk 86 / 201
2023
Flag → Flag
Top Product $2.57MPassenger and Cargo Ships
2023
Flag → Flag
Exports $871Rnk 128 / 137
2023
Flag → Flag
Top Product $871Air Pumps
2023
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 132
2023
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Economic Complexity (ECI) ECI -0.43Rnk 84 / 132
2023
Flag  
GDP$437BCURRENT US$
Rnk 33 / 195
2013-2023
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GDP GROWTH54%CURRENT US$
Rnk 67 / 195
2023
Flag
 GDP$72.4BCURRENT US$
Rnk 83 / 195
2013-2023
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GDP GROWTH-2.43%CURRENT US$
Rnk 173 / 195
2023
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GDP PC $3,805CURRENT US$
Rnk 133 / 195
2013-2023
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GDP PC GROWTH36.8%CURRENT US$
Rnk 65 / 195
2023
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GDP PC$7,126CURRENT US$
Rnk 103 / 196
2013-2023
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GDP PC GROWTH-9.52%CURRENT US$
Rnk 168 / 195

About

Philippines-Azerbaijan Trade: In 2023, Philippines exported $8M to Azerbaijan. The main products that Philippines exported to Azerbaijan were Passenger and Cargo Ships ($2.57M), Office Machine Parts ($2.17M), and Shaving Products ($358k). Over the past 5 years the exports of Philippines to Azerbaijan have increased at an annualized rate of 22.7%, from $2.88M in 2018 to $8M in 2023.

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

Azerbaijan-Philippines Trade: In 2023, Azerbaijan exported $871 to Philippines. The main products that Azerbaijan exported to Philippines were Air Pumps ($871). Over the past 5 years the exports of Azerbaijan to Philippines have decreased at an annualized rate of 52%,  from $34.1k in 2018 to $871 in 2023.

In 2023, Azerbaijan 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, Azerbaijan ranked 84 in the Economic Complexity Index (ECI -0.43), and 70 in total exports ($31.2B).

Latest Trends

N/A

About

Overview In N/A, Philippines exported $N/A and imported $N/A from Azerbaijan, 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 Azerbaijan were . In N/A the top imports of Philippines from Azerbaijan were .

Growth In N/A, the N/A in Philippines's year-by-year exports to Azerbaijan was explained primarily by an decrease in product exports in . In N/A, the N/A in Philippines's year-by-year imports  from Azerbaijan 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 Azerbaijan and Philippines trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Azerbaijan and Philippines Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Philippines exported $8M to Azerbaijan. The main products exported from Philippines to Azerbaijan were Passenger and Cargo Ships ($2.57M), Office Machine Parts ($2.17M), and Shaving Products ($358k). During the last 5 years the exports of Philippines to Azerbaijan have increased at an annualized rate of 22.7%, from $2.88M in 2018 to $8M in 2023.

In 2018, Azerbaijan exported $871 to Philippines. The main products exported from Azerbaijan to Philippines were Air Pumps ($871). During the last 5 years the exports of Azerbaijan to Philippines have decreased at an annualized rate of 52%, from $34.1k in 2023 to $871 in 2018.

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

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

Market Competitiveness

Color
Philippines
Top DestinationChina$19B
Azerbaijan
Top DestinationItaly$11.4B

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

In 2023, countries that imported more from Philippines than Azerbaijan included China ($19B), United States ($13.3B), and Hong Kong ($11.7B).

In 2023, countries that imported more from Azerbaijan than Philippines included Italy ($11.4B), Turkey ($5.85B), and Greece ($1.27B).

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

Comparative Advantage Philippines - Azerbaijan

Flow
Scale

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

During 2023, Philippines had a large net trade with Azerbaijan in the exports of Machines ($3.83M), Transportation ($2.74M), and Chemical Products ($434k).

During 2018, Azerbaijan had a large net trade with Philippines in the exports of Machines ($871).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Azerbaijan+$1.21MIndustrial Printers
Top Product Potential Azerbaijan Philippines+$202kRefined 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 Azerbaijan. This means that a dot/product with the flag of Philippines indicates it has a comparative advantage over Azerbaijan. Similarly, a dot/product with the flag of Azerbaijan indicates it has a comparative advantage over Philippines.

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

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