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2022
Flag → Flag
Exports $5.08BRnk 6 / 205
2022
Flag → Flag
Top Product $1.68BIntegrated Circuits
2022
Flag → Flag
Exports $2.06BRnk 58 / 223
2022
Flag → Flag
Top Product $296MIntegrated Circuits
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 5 / 133
2022
Flag  
GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
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GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
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 GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
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GDP GROWTH15.5%CURRENT US$
Rnk 136 / 186
2022
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GDP PC $3,499CURRENT US$
Rnk 129 / 186
2012-2022
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GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186
2022
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GDP PC$48,432CURRENT US$
Rnk 21 / 186
2012-2022
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GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 186

About

Philippines-Germany Trade: In 2022, Philippines exported $5.08B to Germany. The main products that Philippines exported to Germany were Integrated Circuits ($1.68B), Office Machine Parts ($840M), and Other Domestic Electric Housewares ($285M). Over the past 5 years the exports of Philippines to Germany have decreased at an annualized rate of 0.12%, from $5.11B in 2017 to $5.08B in 2022.

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

Germany-Philippines Trade: In 2022, Germany exported $2.06B to Philippines. The main products that Germany exported to Philippines were Integrated Circuits ($296M), Planes, Helicopters, and/or Spacecraft ($221M), and Packaged Medicaments ($160M). Over the past 5 years the exports of Germany to Philippines have decreased at an annualized rate of 3.24%,  from $2.43B in 2017 to $2.06B in 2022.

In 2020, Germany exported services to Philippines worth $211M, with Other business services ($86.8M), Transportation ($66.3M), and Computer and information services ($54.8M) 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, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T).

Latest Trends

August, 2024

About

Overview In August 2024, Philippines exported $231M and imported $216M from Germany, resulting in a positive trade balance of $15.6M. Between August 2023 and August 2024 the exports of Philippines have increased by $21.2M (10.1%) from $210M to $231M, while imports increased by $37.6M (21.1%) from $178M to $216M.

Trade In August 2024, the top exports of Philippines to Germany were Integrated Circuits ($70.9M), Commodities not elsewhere specified ($37.8M), Industrial Printers ($22.2M), Semiconductor Devices ($14.5M), and Electrical Capacitors ($12.4M). In August 2024 the top imports of Philippines from Germany were Planes, Helicopters, and/or Spacecraft ($77.9M), Commodities not elsewhere specified ($36.7M), Packaged Medicaments ($12.7M), Integrated Circuits ($5.52M), and Vaccines, blood, antisera, toxins and cultures ($5.51M).

Growth In August 2024, the increase in Philippines's year-by-year exports to Germany was explained primarily by an increase in product exports in Industrial Printers ($10.3M or 86.6%), Commodities not elsewhere specified ($5.43M or 16.8%), and Vegetable Saps ($4.06M or 359%). In August 2024, the increase in Philippines's year-by-year imports  from Germany was explained primarily by an increase in product imports  in Medical Instruments ($1.93M or 120%), Non-Mechanical Removal Machinery ($1.74M or 15.7k%), and Potato Flours ($1.7M or 324%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$21.2M(10.1%)
IMPORT GROWTH (August 2023 - August 2024)$37.6M(21.1%)

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 Germany and Philippines trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Germany and Philippines Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $5.08B to Germany. The main products exported from Philippines to Germany were Integrated Circuits ($1.68B), Office Machine Parts ($840M), and Other Domestic Electric Housewares ($285M). During the last 5 years the exports of Philippines to Germany have decreased at an annualized rate of 0.12%, from $5.11B in 2017 to $5.08B in 2022.

In 2017, Germany exported $2.06B to Philippines. The main products exported from Germany to Philippines were Integrated Circuits ($296M), Planes, Helicopters, and/or Spacecraft ($221M), and Packaged Medicaments ($160M). During the last 5 years the exports of Germany to Philippines have decreased at an annualized rate of 3.24%, from $2.43B in 2022 to $2.06B in 2017.

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

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

Market Competitiveness

Color
Philippines
Top DestinationUnited States$15.5B
Germany
Top DestinationUnited States$153B

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

In 2022, countries that imported more from Philippines than Germany included Hong Kong ($12.6B), Brunei ($138M), and Curaçao ($38.3M).

In 2022, countries that imported more from Germany than Philippines included United States ($153B), France ($120B), and Netherlands ($109B).

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

Comparative Advantage Philippines - Germany

Flow
Scale

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

During 2022, Philippines had a large net trade with Germany in the exports of Machines ($4.05B), Animal and Vegetable Bi-Products ($195M), and Transportation ($162M).

During 2017, Germany had a large net trade with Philippines in the exports of Machines ($803M), Chemical Products ($398M), and Transportation ($349M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Germany+$505MIntegrated Circuits
Top Product Potential Germany Philippines+$116MCars

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, Germany exported services to Philippines worth $211M, with Other business services ($86.8M), Transportation ($66.3M), and Computer and information services ($54.8M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Germany (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 Germany. This means that a dot/product with the flag of Philippines indicates it has a comparative advantage over Germany. Similarly, a dot/product with the flag of Germany indicates it has a comparative advantage over Philippines.

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

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