Philippines-Spain Trade: In 2022, Philippines exported $434M to Spain. The main products that Philippines exported to Spain were Coconut Oil ($74.7M), Processed Fish ($52.8M), and Office Machine Parts ($34.1M). Over the past 5 years the exports of Philippines to Spain have increased at an annualized rate of 7.1%, from $308M in 2017 to $434M in 2022.
In 2022, Philippines did not export any services to Spain.
Spain-Philippines Trade: In 2022, Spain exported $1.14B to Philippines. The main products that Spain exported to Philippines were Hard Liquor ($249M), Pig Meat ($249M), and Edible Offal ($117M). Over the past 5 years the exports of Spain to Philippines have increased at an annualized rate of 16.3%, from $534M in 2017 to $1.14B in 2022.
In 2022, Spain 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, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).