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Pricing

2022
Flag → Flag
Exports $6.65MRnk 93 / 205
2022
Flag → Flag
Top Product $2.78MOffice Machine Parts
2022
Flag → Flag
Exports $1.15MRnk 53 / 146
2022
Flag → Flag
Top Product $331kOther Furniture
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.85Rnk 106 / 133
2022
Flag  
GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
 GDP$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH59%CURRENT US$
Rnk 41 / 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$3,523CURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP PC GROWTH37.5%CURRENT US$
Rnk 52 / 186

About

Philippines-Bolivia Trade: In 2022, Philippines exported $6.65M to Bolivia. The main products that Philippines exported to Bolivia were Office Machine Parts ($2.78M), Rolled Tobacco ($1.32M), and Electrical Transformers ($476k). Over the past 5 years the exports of Philippines to Bolivia have increased at an annualized rate of 5.99%, from $4.97M in 2017 to $6.65M in 2022.

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

Bolivia-Philippines Trade: In 2022, Bolivia exported $1.15M to Philippines. The main products that Bolivia exported to Philippines were Other Furniture ($331k), Seats ($223k), and Borax ($211k). Over the past 5 years the exports of Bolivia to Philippines have increased at an annualized rate of 19.3%,  from $477k in 2017 to $1.15M in 2022.

In 2022, Bolivia 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, Bolivia ranked 106 in the Economic Complexity Index (ECI -0.85), and 93 in total exports ($13.8B).

Latest Trends

August, 2024

About

Overview In August 2024, Philippines exported $3.44k and imported $76.9k from Bolivia, resulting in a negative trade balance of $73.4k. Between August 2023 and August 2024 the exports of Philippines have decreased by $-489k (-99.3%) from $492k to $3.44k, while imports increased by $20.5k (36.4%) from $56.4k to $76.9k.

Trade In August 2024, the top exports of Philippines to Bolivia were Rolled Tobacco ($78k). In August 2024 the top imports of Philippines from Bolivia were Cold-Rolled Iron ($45.8k), Other Oily Seeds ($476), and Liquid Pumps ($278).

Growth In August 2024, the decrease in Philippines's year-by-year exports to Bolivia was explained primarily by an decrease in product exports in . In August 2024, the increase in Philippines's year-by-year imports  from Bolivia was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$-489k(-99.3%)
IMPORT GROWTH (August 2023 - August 2024)$20.5k(36.4%)

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 Bolivia and Philippines trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Bolivia and Philippines Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $6.65M to Bolivia. The main products exported from Philippines to Bolivia were Office Machine Parts ($2.78M), Rolled Tobacco ($1.32M), and Electrical Transformers ($476k). During the last 5 years the exports of Philippines to Bolivia have increased at an annualized rate of 5.99%, from $4.97M in 2017 to $6.65M in 2022.

In 2017, Bolivia exported $1.15M to Philippines. The main products exported from Bolivia to Philippines were Other Furniture ($331k), Seats ($223k), and Borax ($211k). During the last 5 years the exports of Bolivia to Philippines have increased at an annualized rate of 19.3%, from $477k in 2022 to $1.15M in 2017.

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

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

Market Competitiveness

Color
Philippines
Top DestinationUnited States$15.5B
Bolivia
Top DestinationIndia$2.27B

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

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

In 2022, countries that imported more from Bolivia than Philippines included Argentina ($1.76B), Brazil ($1.89B), and India ($2.27B).

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

Comparative Advantage Philippines - Bolivia

Flow
Scale

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

During 2022, Philippines had a large net trade with Bolivia in the exports of Machines ($4.15M), Foodstuffs ($1.32M), and Instruments ($535k).

During 2017, Bolivia had a large net trade with Philippines in the exports of Miscellaneous ($554k), Mineral Products ($211k), and Vegetable Products ($174k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Bolivia+$1.37MIndustrial Printers
Top Product Potential Bolivia Philippines+$241kSeats

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

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

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