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2022
Flag → Flag
Exports $53.1kRnk 180 / 205
2022
Flag → Flag
Top Product $28.2kBroadcasting Equipment
2022
Flag → Flag
Exports $38.2MRnk 49 / 73
2022
Flag → Flag
Top Product $1.02kHard Liquor
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag  
GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
GDP PC $3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186

About

Philippines-Bhutan Trade: In 2022, Philippines exported $53.1k to Bhutan. The main products that Philippines exported to Bhutan were Broadcasting Equipment ($28.2k), Aircraft Parts ($13.9k), and Office Machine Parts ($6.33k). Over the past 5 years the exports of Philippines to Bhutan have decreased at an annualized rate of 22.5%, from $190k in 2017 to $53.1k in 2022.

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

Bhutan-Philippines In N/A, Bhutan did not export any products to Philippines.

In 2022, Bhutan 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, Bhutan ranked 177 in total exports ($392M), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

About

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

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

For full datasets download visit Bulk Download page.

Explore Bhutan and Philippines Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $53.1k to Bhutan. The main products exported from Philippines to Bhutan were Broadcasting Equipment ($28.2k), Aircraft Parts ($13.9k), and Office Machine Parts ($6.33k). During the last 5 years the exports of Philippines to Bhutan have decreased at an annualized rate of 22.5%, from $190k in 2017 to $53.1k in 2022.

Bhutan does not register exports to Philippines. The main products exported from Bhutan to Philippines were Hard Liquor ($1.02k), Sculptures ($402), and Textile Footwear ($202).

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

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

Market Competitiveness

Color
Philippines
Top DestinationUnited States$15.5B
Bhutan
Top DestinationIndia$343M

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

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

In 2022, countries that imported more from Bhutan than Philippines included Nepal ($7.44M).

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

Comparative Advantage Philippines - Bhutan

Flow
Scale

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

During 2022, Philippines had a large net trade with Bhutan in the exports of Machines ($39.1k), Transportation ($13.9k), and Textiles ($50).

Economic Complexity

Competitive Landscape

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

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

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