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2023
Flag → Flag
Exports $24.6MRnk 69 / 201
2023
Flag → Flag
Top Product $13.9MIntegrated Circuits
2023
Flag → Flag
Exports $7.22MRnk 75 / 192
2023
Flag → Flag
Top Product $1.48MVideo Displays
2023
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 132
2023
Flag  
GDP$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH54%CURRENT US$
Rnk 67 / 195
2023
Flag
 GDP$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH62.2%CURRENT US$
Rnk 49 / 195
2023
Flag
GDP PC $3,805CURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP PC GROWTH36.8%CURRENT US$
Rnk 65 / 195
2023
Flag
GDP PC$30,133CURRENT US$
Rnk 47 / 196
2013-2023
Flag
GDP PC GROWTH56%CURRENT US$
Rnk 35 / 195

About

Philippines-Estonia Trade: In 2023, Philippines exported $24.6M to Estonia. The main products that Philippines exported to Estonia were Integrated Circuits ($13.9M), Electrical Transformers ($2.09M), and Coconut Oil ($1.72M). Over the past 5 years the exports of Philippines to Estonia have increased at an annualized rate of 4.58%, from $19.6M in 2018 to $24.6M in 2023.

In 2023, Philippines did not export any services to Estonia.

Estonia-Philippines Trade: In 2023, Estonia exported $7.22M to Philippines. The main products that Estonia exported to Philippines were Video Displays ($1.48M), Broadcasting Equipment ($926k), and Unsaturated Acyclic Monocarboxylic Acids ($750k). Over the past 5 years the exports of Estonia to Philippines have increased at an annualized rate of 9.01%,  from $4.69M in 2018 to $7.22M in 2023.

In 2020, Estonia exported services to Philippines worth $685k, with Travel ($228k), Computer and information services ($228k), and Transportation ($114k) being the largest in terms of value.

Comparison In 2023,  Philippines ranked 40 in the Economic Complexity Index (ECI 0.64),  and 42 in total exports ($101B). That same year, Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index.

Latest Trends

July, 2024

About

Overview In July 2024, Philippines exported $477k and imported $471k from Estonia, resulting in a positive trade balance of $5.73k. Between July 2023 and July 2024 the exports of Philippines have increased by $298k (166%) from $179k to $477k, while imports increased by $217k (85.2%) from $255k to $471k.

Trade In July 2024, the top exports of Philippines to Estonia were Lighters ($102k), Electrical Transformers ($54.4k), Commodities not elsewhere specified ($43k), Coconuts, Brazil Nuts, and Cashews ($21.5k), and Office Machine Parts ($1.11k). In July 2024 the top imports of Philippines from Estonia were Unsaturated Acyclic Monocarboxylic Acids ($114k), Yeast ($41.7k), Electrical Control Boards ($12.7k), Electrical Transformers ($10.3k), and Excavation Machinery ($8.75k).

Growth In July 2024, the increase in Philippines's year-by-year exports to Estonia was explained primarily by an increase in product exports in Commodities not elsewhere specified ($20.1k or 87.9%). In July 2024, the increase in Philippines's year-by-year imports  from Estonia was explained primarily by an increase in product imports  in Unsaturated Acyclic Monocarboxylic Acids ($23.3k or 25.8%), Electrical Transformers ($8.58k or 513%), and Other Rubber Products ($952 or 1.8k%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)$298k(166%)
IMPORT GROWTH (July 2023 - July 2024)$217k(85.2%)

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 Estonia and Philippines trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Estonia and Philippines Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Philippines exported $24.6M to Estonia. The main products exported from Philippines to Estonia were Integrated Circuits ($13.9M), Electrical Transformers ($2.09M), and Coconut Oil ($1.72M). During the last 5 years the exports of Philippines to Estonia have increased at an annualized rate of 4.58%, from $19.6M in 2018 to $24.6M in 2023.

In 2018, Estonia exported $7.22M to Philippines. The main products exported from Estonia to Philippines were Video Displays ($1.48M), Broadcasting Equipment ($926k), and Unsaturated Acyclic Monocarboxylic Acids ($750k). During the last 5 years the exports of Estonia to Philippines have increased at an annualized rate of 9.01%, from $4.69M in 2023 to $7.22M in 2018.

Exports from Philippines (Flag) to Estonia (Flag) (2023)

Exports from Estonia (Flag) to Philippines (Flag) (2023)

Market Competitiveness

Color
Philippines
Top DestinationChina$19B
Estonia
Top DestinationFinland$2.71B

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

In 2023, countries that imported more from Philippines than Estonia included China ($19B), United States ($13.3B), and Hong Kong ($11.7B).

In 2023, countries that imported more from Estonia than Philippines included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

Difference in imports from Estonia (Flag) and Philippines (Flag) (2023)

Comparative Advantage Philippines - Estonia

Flow
Scale

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

During 2023, Philippines had a large net trade with Estonia in the exports of Machines ($20.1M), Animal and Vegetable Bi-Products ($1.73M), and Chemical Products ($978k).

During 2018, Estonia had a large net trade with Philippines in the exports of Machines ($4.3M), Chemical Products ($927k), and Wood Products ($663k).

Bilateral Service Trade

In 2020, Estonia exported services to Philippines worth $685k, with Travel ($228k), Computer and information services ($228k), and Transportation ($114k) being the largest in terms of value.

Service trade data is presented based on availability.

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

Product Space of Philippines (Flag) and Estonia (Flag) (2023)

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