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Pricing

2022
Flag → Flag
Exports $68.2MRnk 46 / 205
2022
Flag → Flag
Top Product $58.1MRaw Tobacco
2022
Flag → Flag
Exports $32.3MRnk 35 / 163
2022
Flag → Flag
Top Product $11.3MOscilloscopes
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag  
GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
 GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 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$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 19 / 186

About

Philippines-Dominican Republic Trade: In 2022, Philippines exported $68.2M to Dominican Republic. The main products that Philippines exported to Dominican Republic were Raw Tobacco ($58.1M), Integrated Circuits ($1.21M), and Electrical Transformers ($1.15M). Over the past 5 years the exports of Philippines to Dominican Republic have increased at an annualized rate of 36.3%, from $14.5M in 2017 to $68.2M in 2022.

In 2022, Philippines did not export any services to Dominican Republic.

Dominican Republic-Philippines Trade: In 2022, Dominican Republic exported $32.3M to Philippines. The main products that Dominican Republic exported to Philippines were Oscilloscopes ($11.3M), Other Aluminium Products ($8.02M), and Plastic Lids ($7.35M). Over the past 5 years the exports of Dominican Republic to Philippines have increased at an annualized rate of 20.9%,  from $12.5M in 2017 to $32.3M in 2022.

In 2022, Dominican Republic 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, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.052), and 92 in total exports ($13.8B).

Latest Trends

July, 2024

About

Overview In July 2024, Philippines exported $1.53M and imported $1.5M from Dominican Republic, resulting in a positive trade balance of $30.4k. Between July 2023 and July 2024 the exports of Philippines have decreased by $-38k (-2.42%) from $1.57M to $1.53M, while imports increased by $570k (61.3%) from $930k to $1.5M.

Trade In July 2024, the top exports of Philippines to Dominican Republic were Commodities not elsewhere specified ($618k), Raw Tobacco ($545k), Electrical Resistors ($169k), Wood Kitchenware ($40.8k), and Raw Plastic Sheeting ($1.71k). In July 2024 the top imports of Philippines from Dominican Republic were Commodities not elsewhere specified ($1.13M), Oscilloscopes ($577k), Alcohol > 80% ABV ($121k), Medical Instruments ($79.4k), and Orthopedic Appliances ($24.5k).

Growth In July 2024, the decrease in Philippines's year-by-year exports to Dominican Republic was explained primarily by an decrease in product exports in Raw Tobacco ($-2.35M or -81.2%), Commodities not elsewhere specified ($-67.7k or -9.87%), and Tobacco Processing Machines ($-12.9k or -92.2%). In July 2024, the increase in Philippines's year-by-year imports  from Dominican Republic was explained primarily by an increase in product imports  in Medical Instruments ($45.2k or 132%), Electrical Transformers ($4.22k or 1.56k%), and Special Pharmaceuticals ($3.41k or 387%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)$-38k(-2.42%)
IMPORT GROWTH (July 2023 - July 2024)$570k(61.3%)

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 Dominican Republic and Philippines trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Dominican Republic and Philippines Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $68.2M to Dominican Republic. The main products exported from Philippines to Dominican Republic were Raw Tobacco ($58.1M), Integrated Circuits ($1.21M), and Electrical Transformers ($1.15M). During the last 5 years the exports of Philippines to Dominican Republic have increased at an annualized rate of 36.3%, from $14.5M in 2017 to $68.2M in 2022.

In 2017, Dominican Republic exported $32.3M to Philippines. The main products exported from Dominican Republic to Philippines were Oscilloscopes ($11.3M), Other Aluminium Products ($8.02M), and Plastic Lids ($7.35M). During the last 5 years the exports of Dominican Republic to Philippines have increased at an annualized rate of 20.9%, from $12.5M in 2022 to $32.3M in 2017.

Exports from Philippines (Flag) to Dominican Republic (Flag) (2022)

Exports from Dominican Republic (Flag) to Philippines (Flag) (2022)

Market Competitiveness

Color
Philippines
Top DestinationUnited States$15.5B
Dominican Republic
Top DestinationUnited States$6.85B

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

In 2022, countries that imported more from Philippines than Dominican Republic included China ($15.3B), Hong Kong ($12.6B), and Japan ($11.3B).

In 2022, countries that imported more from Dominican Republic than Philippines included Haiti ($1.02B), Jamaica ($139M), and Nicaragua ($71.3M).

Difference in imports from Dominican Republic (Flag) and Philippines (Flag) (2022)

Comparative Advantage Philippines - Dominican Republic

Flow
Scale

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

During 2022, Philippines had a large net trade with Dominican Republic in the exports of Foodstuffs ($59.2M), Machines ($4.81M), and Plastics and Rubbers ($1.14M).

During 2017, Dominican Republic had a large net trade with Philippines in the exports of Instruments ($12.4M), Metals ($8.02M), and Plastics and Rubbers ($7.41M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Dominican Republic+$4.26kGold
Top Product Potential Dominican Republic Philippines+$4.28kLow-voltage Protection Equipment

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

Product Space of Philippines (Flag) and Dominican Republic (Flag) (2022)

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