2023
Flag  
GDP
$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH
54%CURRENT US$
Rnk 67 / 195
2023
Flag
 GDP
$71.9BCURRENT US$
Rnk 84 / 195
2013-2023
Flag
GDP GROWTH
-4.86%CURRENT US$
Rnk 175 / 195
2023
Flag
GDP PC 
$3,805CURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP PC GROWTH
36.8%CURRENT US$
Rnk 65 / 195
2023
Flag
GDP PC
$7,829CURRENT US$
Rnk 98 / 196
2013-2023
Flag
GDP PC GROWTH
-2.11%CURRENT US$
Rnk 156 / 195

About

Philippines-Belarus Trade: In 2023, Philippines exported $97.8k to Belarus. The main products that Philippines exported to Belarus were Other Processed Fruits and Nuts ($97.7k) and Microphones and Headphones ($70). Over the past 5 years the exports of Philippines to Belarus have decreased at an annualized rate of 63.6%, from $15.3M in 2018 to $97.8k in 2023.

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

Belarus-Philippines Trade: In 2023, Belarus exported $10.8M to Philippines. The main products that Belarus exported to Philippines were Whey and other milk products ($5.12M), Malt Extract ($2.85M), and Concentrated Milk ($1.23M). Over the past 5 years the exports of Belarus to Philippines have decreased at an annualized rate of 0.21%,  from $10.9M in 2018 to $10.8M in 2023.

In 2014, Belarus exported services to Philippines worth $3.9k, with Government services, n.i.e. ($3.9k) being the largest in terms of value.

Comparison: In 2023,  Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B). That same year, Belarus ranked 33 in the Economic Complexity Index (ECI 0.81), and 114 in total exports ($7.61B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Philippines exported $97.8k to Belarus. The main products exported from Philippines to Belarus were Other Processed Fruits and Nuts ($97.7k) and Microphones and Headphones ($70). During the last 5 years the exports of Philippines to Belarus have decreased at an annualized rate of 63.6%, from $15.3M in 2018 to $97.8k in 2023.

In 2018, Belarus exported $10.8M to Philippines. The main products exported from Belarus to Philippines were Whey and other milk products ($5.12M), Malt Extract ($2.85M), and Concentrated Milk ($1.23M). During the last 5 years the exports of Belarus to Philippines have decreased at an annualized rate of 0.21%, from $10.9M in 2023 to $10.8M in 2018.

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

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

Market Competitiveness

Color
Philippines
Top Destination
China$19B
Belarus
Top Destination
China$2.6B

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

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

In 2023, countries that imported more from Belarus than Philippines included Kazakhstan ($757M), Uzbekistan ($509M), and Azerbaijan ($325M).

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

Comparative Advantage Philippines - Belarus

Flow
Scale

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

During 2023, Philippines had a large net trade with Belarus in the exports of Foodstuffs ($97.7k) and Machines ($70).

During 2018, Belarus had a large net trade with Philippines in the exports of Animal Products ($7.36M), Foodstuffs ($2.99M), and Chemical Products ($368k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Belarus+$4.21kIntegrated Circuits
Top Product Potential Belarus Philippines+$3.99kRefined 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 Belarus. This means that a dot/product with the flag of Philippines indicates it has a comparative advantage over Belarus. Similarly, a dot/product with the flag of Belarus indicates it has a comparative advantage over Philippines.

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

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