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Pricing

2022
Flag → Flag
Exports $3.42MRnk 112 / 205
2022
Flag → Flag
Top Product $3.42MRaw Tobacco
2022
Flag → Flag
Exports $5.29MRnk 26 / 123
2022
Flag → Flag
Top Product $4.33MRaw Tobacco
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
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GDP PC $3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186

About

Philippines-Cuba Trade: In 2022, Philippines exported $3.42M to Cuba. The main products that Philippines exported to Cuba were Raw Tobacco ($3.42M) and Non-Knit Women's Suits ($57). Over the past 5 years the exports of Philippines to Cuba have decreased at an annualized rate of 3.43%, from $4.07M in 2017 to $3.42M in 2022.

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

Cuba-Philippines Trade: In 2022, Cuba exported $5.29M to Philippines. The main products that Cuba exported to Philippines were Raw Tobacco ($4.33M), Other Aluminium Products ($930k), and Packaged Medicaments ($31k). Over the past 5 years the exports of Cuba to Philippines have decreased at an annualized rate of 2.7%,  from $6.07M in 2017 to $5.29M in 2022.

In 2022, Cuba 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, Cuba ranked 161 in total exports ($1.07B), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

About

Overview In August 2024, Philippines exported $329k and imported $245k from Cuba, resulting in a positive trade balance of $83.9k. Between August 2023 and August 2024 the exports of Philippines have decreased by $-126k (-27.6%) from $454k to $329k, while imports decreased by $-806k (-76.7%) from $1.05M to $245k.

Trade In August 2024, the top exports of Philippines to Cuba were Commodities not elsewhere specified ($225k). In August 2024 the top imports of Philippines from Cuba were Commodities not elsewhere specified ($464k) and Insulated Wire ($481).

Growth In August 2024, the decrease in Philippines's year-by-year exports to Cuba was explained primarily by an decrease in product exports in Commodities not elsewhere specified ($-174k or -43.6%). In August 2024, the decrease in Philippines's year-by-year imports  from Cuba was explained primarily by an decrease in product imports  in Commodities not elsewhere specified ($-542k or -53.8%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$-126k(-27.6%)
IMPORT GROWTH (August 2023 - August 2024)$-806k(-76.7%)

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 Cuba and Philippines trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Cuba and Philippines Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $3.42M to Cuba. The main products exported from Philippines to Cuba were Raw Tobacco ($3.42M) and Non-Knit Women's Suits ($57). During the last 5 years the exports of Philippines to Cuba have decreased at an annualized rate of 3.43%, from $4.07M in 2017 to $3.42M in 2022.

In 2017, Cuba exported $5.29M to Philippines. The main products exported from Cuba to Philippines were Raw Tobacco ($4.33M), Other Aluminium Products ($930k), and Packaged Medicaments ($31k). During the last 5 years the exports of Cuba to Philippines have decreased at an annualized rate of 2.7%, from $6.07M in 2022 to $5.29M in 2017.

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

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

Market Competitiveness

Color
Philippines
Top DestinationUnited States$15.5B
Cuba
Top DestinationChina$426M

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

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

In 2022, countries that imported more from Cuba than Philippines included Cyprus ($31.2M), Macau ($28.9M), and Andorra ($4.23M).

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

Comparative Advantage Philippines - Cuba

Flow
Scale

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

During 2022, Philippines had a large net trade with Cuba in the exports of N/A.

During 2017, Cuba had a large net trade with Philippines in the exports of Foodstuffs ($4.33M), Metals ($930k), and Chemical Products ($31k).

Economic Complexity

Competitive Landscape

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

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

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