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Pricing

2022
Flag → Flag
Exports $31.7MRnk 63 / 205
2022
Flag → Flag
Top Product $14.3MIntegrated Circuits
2022
Flag → Flag
Exports $9.61MRnk 84 / 188
2022
Flag → Flag
Top Product $4.83MSawn Wood
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$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH65.5%CURRENT US$
Rnk 34 / 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$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH62.8%CURRENT US$
Rnk 23 / 186

About

Philippines-Estonia Trade: In 2022, Philippines exported $31.7M to Estonia. The main products that Philippines exported to Estonia were Integrated Circuits ($14.3M), Coconut Oil ($6.7M), and Electrical Transformers ($3.72M). Over the past 5 years the exports of Philippines to Estonia have increased at an annualized rate of 13.3%, from $17M in 2017 to $31.7M in 2022.

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

Estonia-Philippines Trade: In 2022, Estonia exported $9.61M to Philippines. The main products that Estonia exported to Philippines were Sawn Wood ($4.83M), Video Displays ($867k), and Unsaturated Acyclic Monocarboxylic Acids ($553k). Over the past 5 years the exports of Estonia to Philippines have increased at an annualized rate of 24.3%,  from $1.69M in 2017 to $9.61M in 2022.

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 2022,  Philippines ranked 37 in the Economic Complexity Index (ECI 0.71),  and 40 in total exports ($110B). That same year, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index.

Latest Trends

June, 2024

About

Overview In June 2024, Philippines exported $529k and imported $282k from Estonia, resulting in a positive trade balance of $247k. Between June 2023 and June 2024 the exports of Philippines have increased by $249k (88.6%) from $281k to $529k, while imports decreased by $-299k (-51.4%) from $581k to $282k.

Trade In June 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 June 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 June 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 ($20.1k or 87.9%). In June 2024, the decrease in Philippines's year-by-year imports  from Estonia was explained primarily by an decrease in product imports  in Shaped Wood ($-43.9k or -94.3%), Electrical Control Boards ($-9.28k or -42.3%), and Wood Carpentry ($-8.75k or -53%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (June 2023 - June 2024)$249k(88.6%)
IMPORT GROWTH (June 2023 - June 2024)$-299k(-51.4%)

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

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $31.7M to Estonia. The main products exported from Philippines to Estonia were Integrated Circuits ($14.3M), Coconut Oil ($6.7M), and Electrical Transformers ($3.72M). During the last 5 years the exports of Philippines to Estonia have increased at an annualized rate of 13.3%, from $17M in 2017 to $31.7M in 2022.

In 2017, Estonia exported $9.61M to Philippines. The main products exported from Estonia to Philippines were Sawn Wood ($4.83M), Video Displays ($867k), and Unsaturated Acyclic Monocarboxylic Acids ($553k). During the last 5 years the exports of Estonia to Philippines have increased at an annualized rate of 24.3%, from $1.69M in 2022 to $9.61M in 2017.

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

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

Market Competitiveness

Color
Philippines
Top DestinationUnited States$15.5B
Estonia
Top DestinationFinland$3B

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

In 2022, countries that imported more from Estonia than Philippines included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

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

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 2022, Philippines had a large net trade with Estonia in the exports of Machines ($22.7M), Animal and Vegetable Bi-Products ($6.71M), and Chemical Products ($539k).

During 2017, Estonia had a large net trade with Philippines in the exports of N/A.

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Estonia+N/AN/A
Top Product Potential Estonia Philippines+N/AN/A

N/A

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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) (2022)

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