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Pricing

2023
Flag → Flag
Exports $13.1MRnk 81 / 201
2023
Flag → Flag
Top Product $3.06MAircraft parts (gliders, balloons, and powered aircraft)
2023
Flag → Flag
Exports $1.97MRnk 67 / 161
2023
Flag → Flag
Top Product $708kAircraft parts (gliders, balloons, and powered aircraft)
2023
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.84Rnk 101 / 132
2023
Flag  
GDP$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH54%CURRENT US$
Rnk 67 / 195
2023
Flag
 GDP$164BCURRENT US$
Rnk 59 / 195
2013-2023
Flag
GDP GROWTH244%CURRENT US$
Rnk 2 / 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$1,272CURRENT US$
Rnk 172 / 196
2013-2023
Flag
GDP PC GROWTH163%CURRENT US$
Rnk 3 / 195

About

Philippines-Ethiopia Trade: In 2023, Philippines exported $13.1M to Ethiopia. The main products that Philippines exported to Ethiopia were Aircraft parts (gliders, balloons, and powered aircraft) ($3.06M), Office Machine Parts ($2.52M), and Industrial Printers ($1.13M). Over the past 5 years the exports of Philippines to Ethiopia have increased at an annualized rate of 8.1%, from $8.9M in 2018 to $13.1M in 2023.

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

Ethiopia-Philippines Trade: In 2023, Ethiopia exported $1.97M to Philippines. The main products that Ethiopia exported to Philippines were Aircraft parts (gliders, balloons, and powered aircraft) ($708k), Other Engines ($603k), and Air Pumps ($256k). Over the past 5 years the exports of Ethiopia to Philippines have increased at an annualized rate of 68.4%,  from $145k in 2018 to $1.97M in 2023.

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

Comparison: In 2023,  Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B). That same year, Ethiopia ranked 101 in the Economic Complexity Index (ECI -0.84), and 137 in total exports ($3.97B).

Latest Trends

July, 2024

About

Overview In July 2024, Philippines exported $490k and imported $832k from Ethiopia, resulting in a negative trade balance of $341k. Between July 2023 and July 2024 the exports of Philippines have increased by $97.2k (24.7%) from $393k to $490k, while imports increased by $594k (251%) from $237k to $832k.

Trade In July 2024, the top exports of Philippines to Ethiopia were Aircraft parts (gliders, balloons, and powered... ($243k). In July 2024 the top imports of Philippines from Ethiopia were Knit Women's Shirts ($43).

Growth In July 2024, the increase in Philippines's year-by-year exports to Ethiopia was explained primarily by an increase in product exports in . In July 2024, the increase in Philippines's year-by-year imports  from Ethiopia was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)$97.2k(24.7%)
IMPORT GROWTH (July 2023 - July 2024)$594k(251%)

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 Ethiopia and Philippines trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Ethiopia and Philippines Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Philippines exported $13.1M to Ethiopia. The main products exported from Philippines to Ethiopia were Aircraft parts (gliders, balloons, and powered aircraft) ($3.06M), Office Machine Parts ($2.52M), and Industrial Printers ($1.13M). During the last 5 years the exports of Philippines to Ethiopia have increased at an annualized rate of 8.1%, from $8.9M in 2018 to $13.1M in 2023.

In 2018, Ethiopia exported $1.97M to Philippines. The main products exported from Ethiopia to Philippines were Aircraft parts (gliders, balloons, and powered aircraft) ($708k), Other Engines ($603k), and Air Pumps ($256k). During the last 5 years the exports of Ethiopia to Philippines have increased at an annualized rate of 68.4%, from $145k in 2023 to $1.97M in 2018.

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

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

Market Competitiveness

Color
Philippines
Top DestinationChina$19B
Ethiopia
Top DestinationUnited States$487M

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

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

In 2023, countries that imported more from Ethiopia than Philippines included Djibouti ($155M), Somalia ($142M), and Saudi Arabia ($304M).

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

Comparative Advantage Philippines - Ethiopia

Flow
Scale

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

During 2023, Philippines had a large net trade with Ethiopia in the exports of Machines ($7.73M), Transportation ($3.14M), and Instruments ($653k).

During 2018, Ethiopia had a large net trade with Philippines in the exports of Machines ($1.15M), Transportation ($708k), and Vegetable Products ($75.7k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Ethiopia+$2.37MIndustrial Printers
Top Product Potential Ethiopia Philippines+$26.1kTrunks and Cases

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

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

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