2023
Flag  
GDP
$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH
54%CURRENT US$
Rnk 67 / 195
2023
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 GDP
$3.05TCURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP GROWTH
8.37%CURRENT US$
Rnk 159 / 195
2023
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GDP PC 
$3,805CURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP PC GROWTH
36.8%CURRENT US$
Rnk 65 / 195
2023
Flag
GDP PC
$44,691CURRENT US$
Rnk 30 / 196
2013-2023
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GDP PC GROWTH
4.74%CURRENT US$
Rnk 146 / 195

About

Philippines-France Trade: In 2023, Philippines exported $762M to France. The main products that Philippines exported to France were Integrated Circuits ($162M), Other Furniture ($76M), and Semiconductor Devices ($51M). Over the past 5 years the exports of Philippines to France have decreased at an annualized rate of 13%, from $1.53B in 2018 to $762M in 2023.

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

France-Philippines Trade: In 2023, France exported $1.3B to Philippines. The main products that France exported to Philippines were Planes, Helicopters, and/or Spacecraft ($496M), Packaged Medicaments ($102M), and Integrated Circuits ($83M). Over the past 5 years the exports of France to Philippines have decreased at an annualized rate of 1.92%,  from $1.6B in 2018 to $1.3B in 2023.

In 2020, France exported services to Philippines worth $276M, with Other business services ($91.4M), Royalties and license fees ($78.8M), and Transportation ($40M) 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, France ranked 16 in the Economic Complexity Index (ECI 1.34), and 7 in total exports ($635B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Philippines exported $762M to France. The main products exported from Philippines to France were Integrated Circuits ($162M), Other Furniture ($76M), and Semiconductor Devices ($51M). During the last 5 years the exports of Philippines to France have decreased at an annualized rate of 13%, from $1.53B in 2018 to $762M in 2023.

In 2018, France exported $1.3B to Philippines. The main products exported from France to Philippines were Planes, Helicopters, and/or Spacecraft ($496M), Packaged Medicaments ($102M), and Integrated Circuits ($83M). During the last 5 years the exports of France to Philippines have decreased at an annualized rate of 1.92%, from $1.6B in 2023 to $1.3B in 2018.

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

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

Market Competitiveness

Color
Philippines
Top Destination
China$19B
France
Top Destination
Germany$72.8B

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

In 2023, countries that imported more from Philippines than France included Hong Kong ($11.7B), Japan ($11.4B), and Vietnam ($1.69B).

In 2023, countries that imported more from France than Philippines included Germany ($72.8B), Italy ($56.3B), and Belgium ($49.2B).

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

Comparative Advantage Philippines - France

Flow
Scale

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

During 2023, Philippines had a large net trade with France in the exports of Machines ($473M), Miscellaneous ($82.1M), and Instruments ($72.6M).

During 2018, France had a large net trade with Philippines in the exports of Transportation ($536M), Chemical Products ($212M), and Machines ($178M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines France+$196MIntegrated Circuits
Top Product Potential France Philippines+$48.9MPackaged Medicaments

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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Bilateral Service Trade

In 2020, France exported services to Philippines worth $276M, with Other business services ($91.4M), Royalties and license fees ($78.8M), and Transportation ($40M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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