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Pricing

2022
Flag → Flag
Exports $1.36BRnk 18 / 205
2022
Flag → Flag
Top Product $205MInsulated Wire
2022
Flag → Flag
Exports $1.1BRnk 28 / 215
2022
Flag → Flag
Top Product $248MSawn Wood
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.92Rnk 31 / 133
2022
Flag  
GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
 GDP$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH17%CURRENT US$
Rnk 129 / 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$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH4.36%CURRENT US$
Rnk 130 / 186

About

Philippines-Canada Trade: In 2022, Philippines exported $1.36B to Canada. The main products that Philippines exported to Canada were Insulated Wire ($205M), Integrated Circuits ($161M), and Other Domestic Electric Housewares ($88.8M). Over the past 5 years the exports of Philippines to Canada have increased at an annualized rate of 5.75%, from $1.03B in 2017 to $1.36B in 2022.

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

Canada-Philippines Trade: In 2022, Canada exported $1.1B to Philippines. The main products that Canada exported to Philippines were Sawn Wood ($248M), Pig Meat ($199M), and Wheat ($120M). Over the past 5 years the exports of Canada to Philippines have increased at an annualized rate of 9.82%,  from $627M in 2017 to $1.1B in 2022.

In 2020, Canada exported services to Philippines worth $201M, with Travel ($134M), Government services, n.i.e. ($22.4M), and Computer and information services ($16.4M) being the largest in terms of value.

Comparison: In 2022,  Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B). That same year, Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B).

Latest Trends

September, 2024

About

Overview In September 2024, Philippines exported $56.2M and imported $98.8M from Canada, resulting in a negative trade balance of $42.6M. Between September 2023 and September 2024 the exports of Philippines have increased by $12.8M (29.4%) from $43.5M to $56.2M, while imports increased by $50.6M (105%) from $48.2M to $98.8M.

Trade In September 2024, the top exports of Philippines to Canada were Insulated Wire ($13.3M), Integrated Circuits ($2.25M), Rubber Tires ($1.53M), Trunks and Cases ($1.44M), and Baked Goods ($1.36M). In September 2024 the top imports of Philippines from Canada were Wheat ($24.9M), Potassic Fertilizers ($13.5M), Sawn Wood ($10.5M), Coin ($7.21M), and Pig Meat ($3.82M).

Growth In September 2024, the increase in Philippines's year-by-year exports to Canada was explained primarily by an increase in product exports in Insulated Wire ($3.17M or 31.2%), Rubber Tires ($979k or 179%), and Baked Goods ($710k or 109%). In September 2024, the increase in Philippines's year-by-year imports  from Canada was explained primarily by an increase in product imports  in Potassic Fertilizers ($13.5M or 806k%), Coin ($6.05M or 521%), and Animal Meal and Pellets ($1.74M or 99%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)$12.8M(29.4%)
IMPORT GROWTH (September 2023 - September 2024)$50.6M(105%)

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 Canada and Philippines trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Canada and Philippines Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $1.36B to Canada. The main products exported from Philippines to Canada were Insulated Wire ($205M), Integrated Circuits ($161M), and Other Domestic Electric Housewares ($88.8M). During the last 5 years the exports of Philippines to Canada have increased at an annualized rate of 5.75%, from $1.03B in 2017 to $1.36B in 2022.

In 2017, Canada exported $1.1B to Philippines. The main products exported from Canada to Philippines were Sawn Wood ($248M), Pig Meat ($199M), and Wheat ($120M). During the last 5 years the exports of Canada to Philippines have increased at an annualized rate of 9.82%, from $627M in 2022 to $1.1B in 2017.

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

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

Market Competitiveness

Color
Philippines
Top DestinationUnited States$15.5B
Canada
Top DestinationUnited States$438B

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

In 2022, countries that imported more from Philippines than Canada included Hong Kong ($12.6B), Singapore ($7.07B), and Thailand ($3.79B).

In 2022, countries that imported more from Canada than Philippines included United States ($438B), China ($25.4B), and United Kingdom ($12.9B).

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

Comparative Advantage Philippines - Canada

Flow
Scale

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

During 2022, Philippines had a large net trade with Canada in the exports of Machines ($873M), Textiles ($95.3M), and Foodstuffs ($88.7M).

During 2017, Canada had a large net trade with Philippines in the exports of Animal Products ($277M), Wood Products ($249M), and Vegetable Products ($160M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Canada+$124MIntegrated Circuits
Top Product Potential Canada Philippines+$41.7MCars

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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Bilateral Service Trade

In 2020, Canada exported services to Philippines worth $201M, with Travel ($134M), Government services, n.i.e. ($22.4M), and Computer and information services ($16.4M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Canada (Flag) to Philippines (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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