2022
Flag  
GDP
$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH
54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
 GDP
$24.6BCURRENT US$
Rnk 109 / 186
2012-2022
Flag
GDP GROWTH
49.2%CURRENT US$
Rnk 64 / 186
2022
Flag
GDP PC 
$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH
30.9%CURRENT US$
Rnk 61 / 186
2022
Flag
GDP PC
$6,628CURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP PC GROWTH
49.9%CURRENT US$
Rnk 36 / 186

About

Philippines-Georgia Trade: In 2022, Philippines exported $1.98M to Georgia. The main products that Philippines exported to Georgia were Coconuts, Brazil Nuts, and Cashews ($749k), Motor vehicles; parts and accessories (8701 to 8705) ($485k), and Packaged Medicaments ($400k). Over the past 5 years the exports of Philippines to Georgia have decreased at an annualized rate of 7.89%, from $2.98M in 2017 to $1.98M in 2022.

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

Georgia-Philippines Trade: In 2022, Georgia exported $6.12M to Philippines. The main products that Georgia exported to Philippines were Poultry Meat ($2.41M), Animal Meal and Pellets ($2.03M), and Pesticides ($372k). Over the past 5 years the exports of Georgia to Philippines have increased at an annualized rate of 28.8%,  from $1.73M in 2017 to $6.12M in 2022.

In 2022, Georgia 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, Georgia ranked 64 in the Economic Complexity Index (ECI 0.036), and 118 in total exports ($6.82B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $1.98M to Georgia. The main products exported from Philippines to Georgia were Coconuts, Brazil Nuts, and Cashews ($749k), Motor vehicles; parts and accessories (8701 to 8705) ($485k), and Packaged Medicaments ($400k). During the last 5 years the exports of Philippines to Georgia have decreased at an annualized rate of 7.89%, from $2.98M in 2017 to $1.98M in 2022.

In 2017, Georgia exported $6.12M to Philippines. The main products exported from Georgia to Philippines were Poultry Meat ($2.41M), Animal Meal and Pellets ($2.03M), and Pesticides ($372k). During the last 5 years the exports of Georgia to Philippines have increased at an annualized rate of 28.8%, from $1.73M in 2022 to $6.12M in 2017.

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

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

Market Competitiveness

Color
Philippines
Top Destination
United States$15.5B
Georgia
Top Destination
China$759M

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

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

In 2022, countries that imported more from Georgia than Philippines included Azerbaijan ($668M), Russia ($642M), and Armenia ($571M).

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

Comparative Advantage Philippines - Georgia

Flow
Scale

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

During 2022, Philippines had a large net trade with Georgia in the exports of Vegetable Products ($749k), Transportation ($504k), and Chemical Products ($401k).

During 2017, Georgia had a large net trade with Philippines in the exports of Animal Products ($2.41M), Foodstuffs ($2.03M), and Textiles ($442k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Georgia+$3.84kComputers
Top Product Potential Georgia Philippines+$4.25kRefined Petroleum

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

Product Space of Philippines (Flag) and Georgia (Flag) (2022)

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