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Pricing

2022
Flag → Flag
Exports $90.8kRnk 173 / 205
2022
Flag → Flag
Top Product $42.1kSowing Seeds
2022
Flag → Flag
Exports $171Rnk 57 / 0
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.5Rnk 86 / 133
2022
Flag  
GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
 GDP$17.4BCURRENT US$
Rnk 124 / 186
2012-2022
Flag
GDP GROWTH56.2%CURRENT US$
Rnk 48 / 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$1,303CURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP PC GROWTH17.1%CURRENT US$
Rnk 95 / 186

About

Philippines-Benin Trade: In 2022, Philippines exported $90.8k to Benin. The main products that Philippines exported to Benin were Sowing Seeds ($42.1k), Other Edible Preparations ($33.7k), and Knit T-shirts ($10.5k). Over the past 5 years the exports of Philippines to Benin have decreased at an annualized rate of 24%, from $358k in 2017 to $90.8k in 2022.

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

Benin-Philippines Trade: In 2022, Benin exported $171 to Philippines. The main products that Benin exported to Philippines were N/A. Over the past 5 years the exports of Benin to Philippines have decreased at an annualized rate of 38%,  from $139k in 2017 to $171 in 2022.

In 2022, Benin 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, Benin ranked 86 in the Economic Complexity Index (ECI -0.5), and 149 in total exports ($1.67B).

Latest Trends

N/A

About

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

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

For full datasets download visit Bulk Download page.

Explore Benin and Philippines Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $90.8k to Benin. The main products exported from Philippines to Benin were Sowing Seeds ($42.1k), Other Edible Preparations ($33.7k), and Knit T-shirts ($10.5k). During the last 5 years the exports of Philippines to Benin have decreased at an annualized rate of 24%, from $358k in 2017 to $90.8k in 2022.

In 2014, Benin exported $171 to Philippines. There were not main exports from Benin to Philippines in 2014. During the last 5 years the exports of Benin to Philippines have decreased at an annualized rate of 38%, from $139k in 2019 to $171 in 2014.

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

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

Market Competitiveness

Color
Philippines
Top DestinationUnited States$15.5B
Benin
Top DestinationIndia$448M

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

In 2022, countries that imported more from Philippines than Benin included United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

In 2022, countries that imported more from Benin than Philippines included Bangladesh ($406M), Togo ($35.9M), and Chad ($28M).

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

Comparative Advantage Philippines - Benin

Flow
Scale

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

During 2022, Philippines had a large net trade with Benin in the exports of Vegetable Products ($42.1k), Foodstuffs ($33.7k), and Textiles ($12.2k).

During 2014, Benin had a large net trade with Philippines in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Benin+$7.34kSowing Seeds
Top Product Potential Benin Philippines+$4.07kRefined 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 Benin. This means that a dot/product with the flag of Philippines indicates it has a comparative advantage over Benin. Similarly, a dot/product with the flag of Benin indicates it has a comparative advantage over Philippines.

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

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