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2022
Flag → Flag
Exports $61.6MRnk 51 / 205
2022
Flag → Flag
Top Product $16.9MOffice Machine Parts
2022
Flag → Flag
Exports $127MRnk 46 / 185
2022
Flag → Flag
Top Product $42.8MCopper Ore
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
Flag  
GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
 GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH12.7%CURRENT US$
Rnk 142 / 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$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH-0.33%CURRENT US$
Rnk 144 / 186

About

Philippines-Chile Trade: In 2022, Philippines exported $61.6M to Chile. The main products that Philippines exported to Chile were Office Machine Parts ($16.9M), Video Displays ($5.74M), and Ink ($4.63M). Over the past 5 years the exports of Philippines to Chile have decreased at an annualized rate of 8.29%, from $94.9M in 2017 to $61.6M in 2022.

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

Chile-Philippines Trade: In 2022, Chile exported $127M to Philippines. The main products that Chile exported to Philippines were Copper Ore ($42.8M), Non-fillet Frozen Fish ($32.8M), and Kaolin Coated Paper ($17.1M). Over the past 5 years the exports of Chile to Philippines have decreased at an annualized rate of 3.34%,  from $226M in 2017 to $127M in 2022.

In 2022, Chile 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, Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B).

Latest Trends

August, 2024

About

Overview In August 2024, Philippines exported $4.51M and imported $5.32M from Chile, resulting in a negative trade balance of $809k. Between August 2023 and August 2024 the exports of Philippines have increased by $1.29M (40.3%) from $3.22M to $4.51M, while imports increased by $591k (12.5%) from $4.73M to $5.32M.

Trade In August 2024, the top exports of Philippines to Chile were Industrial Printers ($567k), Broadcasting Accessories ($333k), Fish oil ($328k), Video Displays ($306k), and Medical Instruments ($135k). In August 2024 the top imports of Philippines from Chile were Copper Ore ($59.7M), Non-fillet Frozen Fish ($2.45M), Kaolin Coated Paper ($1.81M), Poultry Meat ($710k), and Wine ($396k).

Growth In August 2024, the increase in Philippines's year-by-year exports to Chile was explained primarily by an increase in product exports in Twine, cordage or rope; knotted netting,... ($36.6k or 43.2%). In August 2024, the increase in Philippines's year-by-year imports  from Chile was explained primarily by an increase in product imports  in Non-fillet Frozen Fish ($1.81M or 281%), Poultry Meat ($424k or 148%), and Wine ($237k or 149%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$1.29M(40.3%)
IMPORT GROWTH (August 2023 - August 2024)$591k(12.5%)

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 Chile and Philippines trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Chile and Philippines Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $61.6M to Chile. The main products exported from Philippines to Chile were Office Machine Parts ($16.9M), Video Displays ($5.74M), and Ink ($4.63M). During the last 5 years the exports of Philippines to Chile have decreased at an annualized rate of 8.29%, from $94.9M in 2017 to $61.6M in 2022.

In 2017, Chile exported $127M to Philippines. The main products exported from Chile to Philippines were Copper Ore ($42.8M), Non-fillet Frozen Fish ($32.8M), and Kaolin Coated Paper ($17.1M). During the last 5 years the exports of Chile to Philippines have decreased at an annualized rate of 3.34%, from $226M in 2022 to $127M in 2017.

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

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

Market Competitiveness

Color
Philippines
Top DestinationUnited States$15.5B
Chile
Top DestinationChina$38.5B

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

In 2022, countries that imported more from Philippines than Chile included Hong Kong ($12.6B), Singapore ($7.07B), and Germany ($5.08B).

In 2022, countries that imported more from Chile than Philippines included China ($38.5B), Brazil ($4.55B), and South Korea ($6.13B).

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

Comparative Advantage Philippines - Chile

Flow
Scale

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

During 2022, Philippines had a large net trade with Chile in the exports of Machines ($27.6M), Chemical Products ($11.5M), and Textiles ($7.29M).

During 2017, Chile had a large net trade with Philippines in the exports of Animal Products ($50.2M), Mineral Products ($42.8M), and Paper Goods ($19.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Chile+$5.62MIndustrial Printers
Top Product Potential Chile Philippines+$24.5MCopper Ore

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

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

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