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Pricing

2022
Flag → Flag
Exports $4.34MRnk 106 / 205
2022
Flag → Flag
Top Product $1.3MProcessed Fish
2022
Flag → Flag
Exports $2.38MRnk 91 / 194
2022
Flag → Flag
Top Product $1.11MPackaged Medicaments
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$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 138 / 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$31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH7.9%CURRENT US$
Rnk 123 / 186

About

Philippines-Cyprus Trade: In 2022, Philippines exported $4.34M to Cyprus. The main products that Philippines exported to Cyprus were Processed Fish ($1.3M), Other Furniture ($359k), and Metal Mountings ($238k). Over the past 5 years the exports of Philippines to Cyprus have decreased at an annualized rate of 42.2%, from $67.4M in 2017 to $4.34M in 2022.

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

Cyprus-Philippines Trade: In 2022, Cyprus exported $2.38M to Philippines. The main products that Cyprus exported to Philippines were Packaged Medicaments ($1.11M), Fruit Juice ($555k), and Flavored Water ($329k). Over the past 5 years the exports of Cyprus to Philippines have decreased at an annualized rate of 2.19%,  from $3.04M in 2017 to $2.38M in 2022.

In 2015, Cyprus exported services to Philippines worth $1.11M, with Financial services ($1.11M) 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, Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

About

Overview In August 2024, Philippines exported $594k and imported $154k from Cyprus, resulting in a positive trade balance of $440k. Between August 2023 and August 2024 the exports of Philippines have increased by $251k (73.5%) from $342k to $594k, while imports increased by $104k (210%) from $49.6k to $154k.

Trade In August 2024, the top exports of Philippines to Cyprus were Processed Fish ($158k), Molluscs ($57k), Rubber Tires ($31.1k), Seats ($23.4k), and Other Furniture ($3.1k). In August 2024 the top imports of Philippines from Cyprus were Animal Food ($11.5k), Other Paints ($1.16k), Computers ($706), Commodities not elsewhere specified ($394), and Machinery Having Individual Functions ($349).

Growth In August 2024, the increase in Philippines's year-by-year exports to Cyprus was explained primarily by an increase in product exports in Processed Fish ($89.4k or 130%). In August 2024, the increase in Philippines's year-by-year imports  from Cyprus was explained primarily by an increase in product imports  in Computers ($496 or 236%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$251k(73.5%)
IMPORT GROWTH (August 2023 - August 2024)$104k(210%)

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 Cyprus and Philippines trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Cyprus and Philippines Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $4.34M to Cyprus. The main products exported from Philippines to Cyprus were Processed Fish ($1.3M), Other Furniture ($359k), and Metal Mountings ($238k). During the last 5 years the exports of Philippines to Cyprus have decreased at an annualized rate of 42.2%, from $67.4M in 2017 to $4.34M in 2022.

In 2017, Cyprus exported $2.38M to Philippines. The main products exported from Cyprus to Philippines were Packaged Medicaments ($1.11M), Fruit Juice ($555k), and Flavored Water ($329k). During the last 5 years the exports of Cyprus to Philippines have decreased at an annualized rate of 2.19%, from $3.04M in 2022 to $2.38M in 2017.

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

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

Market Competitiveness

Color
Philippines
Top DestinationUnited States$15.5B
Cyprus
Top DestinationHong Kong$482M

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

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

In 2022, countries that imported more from Cyprus than Philippines included Greece ($471M), Lebanon ($329M), and Liberia ($255M).

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

Comparative Advantage Philippines - Cyprus

Flow
Scale

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

During 2022, Philippines had a large net trade with Cyprus in the exports of Foodstuffs ($2.08M), Miscellaneous ($616k), and Machines ($558k).

During 2017, Cyprus had a large net trade with Philippines in the exports of Chemical Products ($1.13M), Foodstuffs ($921k), and Machines ($299k).

Economic Complexity

Competitive Landscape

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

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

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