2022
Flag  
GDP
$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH
54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
GDP PC 
$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH
30.9%CURRENT US$
Rnk 61 / 186

About

Philippines-Curaçao Trade: In 2022, Philippines exported $38.3M to Curaçao. The main products that Philippines exported to Curaçao were Integrated Circuits ($35.2M), Electrical Transformers ($1.37M), and Other Edible Preparations ($595k). Over the past 5 years the exports of Philippines to Curaçao have increased at an annualized rate of 11.3%, from $22.4M in 2017 to $38.3M in 2022.

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

Curaçao-Philippines Trade: In 2022, Curaçao exported $97.5k to Philippines. The main products that Curaçao exported to Philippines were Synthetic Coloring Matter ($42k), Animal Food ($25.3k), and Sound Recordings ($16.8k). Over the past 5 years the exports of Curaçao to Philippines have decreased at an annualized rate of 41.1%,  from $1.38M in 2017 to $97.5k in 2022.

In 2022, Curaçao 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, Curaçao ranked 181 in total exports ($255M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $38.3M to Curaçao. The main products exported from Philippines to Curaçao were Integrated Circuits ($35.2M), Electrical Transformers ($1.37M), and Other Edible Preparations ($595k). During the last 5 years the exports of Philippines to Curaçao have increased at an annualized rate of 11.3%, from $22.4M in 2017 to $38.3M in 2022.

In 2017, Curaçao exported $97.5k to Philippines. The main products exported from Curaçao to Philippines were Synthetic Coloring Matter ($42k), Animal Food ($25.3k), and Sound Recordings ($16.8k). During the last 5 years the exports of Curaçao to Philippines have decreased at an annualized rate of 41.1%, from $1.38M in 2022 to $97.5k in 2017.

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

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

Market Competitiveness

Color
Philippines
Top Destination
United States$15.5B
Curaçao
Top Destination
United States$43.3M

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

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

In 2022, countries that imported more from Curaçao than Philippines included Aruba ($15.7M), Costa Rica ($40.8M), and Guyana ($9.66M).

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

Comparative Advantage Philippines - Curaçao

Flow
Scale

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

During 2022, Philippines had a large net trade with Curaçao in the exports of Machines ($37.6M), Foodstuffs ($611k), and Vegetable Products ($49.5k).

During 2017, Curaçao had a large net trade with Philippines in the exports of Chemical Products ($42k), Foodstuffs ($25.3k), and Machines ($19.2k).

Economic Complexity

Competitive Landscape

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

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

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