Philippines (PHL) and Bahrain (BHR) Trade | The Observatory of Economic Complexity

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Philippines-Bahrain Trade: In 2023, Philippines exported $27.5M to Bahrain. The main products that Philippines exported to Bahrain were Bananas ($10.5M), Office Machine Parts ($2.43M), and Tropical Fruits ($1.61M). Over the past 5 years the exports of Philippines to Bahrain have decreased at an annualized rate of 0.41%, from $28.1M in 2018 to $27.5M in 2023.

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

Bahrain-Philippines Trade: In 2023, Bahrain exported $10.9M to Philippines. The main products that Bahrain exported to Philippines were Stranded Aluminium Wire ($9.05M), Cheese ($745k), and Bitumen and asphalt ($551k). Over the past 5 years the exports of Bahrain to Philippines have decreased at an annualized rate of 22.9%, from $40.1M in 2018 to $10.9M in 2023.

In 2023, Bahrain 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, Bahrain ranked 81 in total exports ($19.9B), and does not have data regarding Economic Complexity Index.

Latest Trends

July, 2024

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Overview In July 2024, Philippines exported $1.59M and imported $162k from Bahrain, resulting in a positive trade balance of $1.43M. Between July 2023 and July 2024 the exports of Philippines have increased by $1.02M (182%) from $563k to $1.59M, while imports decreased by $-1.47M (-90%) from $1.63M to $162k.

Trade In July 2024, the top exports of Philippines to Bahrain were Leather Footwear ($181k), Baked Goods ($126k), Other Heating Machinery ($67.1k), Commodities not elsewhere specified ($48.3k), and Sauces and Seasonings ($38.7k). In July 2024 the top imports of Philippines from Bahrain were Stranded Aluminium Wire ($1.27M), Iron Blocks ($148k), Refined Petroleum ($1.27k), and Cheese ($324).

Growth In July 2024, the increase in Philippines's year-by-year exports to Bahrain was explained primarily by an increase in product exports in Baked Goods ($108k or 581%), Other Heating Machinery ($53.3k or 386%), and Other Processed Fruits and Nuts ($1.94k or 33.1%). In July 2024, the decrease in Philippines's year-by-year imports from Bahrain was explained primarily by an decrease in product imports in .

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Philippines exported $27.5M to Bahrain. The main products exported from Philippines to Bahrain were Bananas ($10.5M), Office Machine Parts ($2.43M), and Tropical Fruits ($1.61M). During the last 5 years the exports of Philippines to Bahrain have decreased at an annualized rate of 0.41%, from $28.1M in 2018 to $27.5M in 2023.

In 2018, Bahrain exported $10.9M to Philippines. The main products exported from Bahrain to Philippines were Stranded Aluminium Wire ($9.05M), Cheese ($745k), and Bitumen and asphalt ($551k). During the last 5 years the exports of Bahrain to Philippines have decreased at an annualized rate of 22.9%, from $40.1M in 2023 to $10.9M in 2018.

Exports from Philippines () to Bahrain () (2023)

Exports from Bahrain () to Philippines () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Philippines
Top DestinationChina$19B

Bahrain
Top DestinationUnited Arab Emirates$3.12B

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

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

In 2023, countries that imported more from Bahrain than Philippines included Saudi Arabia ($2.96B), United Arab Emirates ($3.12B), and South Africa ($1.52B).

Difference in imports from Bahrain () and Philippines () (2023)

Comparative Advantage Philippines - Bahrain

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Philippines had a large net trade with Bahrain in the exports of Vegetable Products ($12.3M), Foodstuffs ($5.84M), and Machines ($4.25M).

During 2018, Bahrain had a large net trade with Philippines in the exports of Metals ($9.4M), Animal Products ($745k), and Mineral Products ($554k).

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Philippines and Bahrain. This means that a dot/product with the flag of Philippines indicates it has a comparative advantage over Bahrain. Similarly, a dot/product with the flag of Bahrain indicates it has a comparative advantage over Philippines.

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Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Philippines () to Bahrain () (2023)

Exports from Bahrain () to Philippines () (2023)

Market Competitiveness

Difference in imports from Bahrain () and Philippines () (2023)

Comparative Advantage Philippines - Bahrain

Economic Complexity

Competitive Landscape

Product Space of Philippines () and Bahrain () (2023)

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Philippines () to Bahrain () (2023)

Exports from Bahrain () to Philippines () (2023)

Market Competitiveness

Difference in imports from Bahrain () and Philippines () (2023)

Comparative Advantage Philippines - Bahrain

Economic Complexity

Competitive Landscape

Product Space of Philippines () and Bahrain () (2023)

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