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Pricing

2023
Flag → Flag
Exports $2.24MRnk 125 / 201
2023
Flag → Flag
Top Product $1.07MMotor vehicles; parts and accessories (8701 to 8705)
2023
Flag → Flag
Exports $3.25MRnk 65 / 158
2023
Flag → Flag
Top Product $2.7MAnimal Meal and Pellets
2023
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.13Rnk 55 / 132
2023
Flag  
GDP$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH54%CURRENT US$
Rnk 67 / 195
2023
Flag
 GDP$30.8BCURRENT US$
Rnk 109 / 195
2013-2023
Flag
GDP GROWTH75.7%CURRENT US$
Rnk 33 / 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$8,284CURRENT US$
Rnk 94 / 196
2013-2023
Flag
GDP PC GROWTH75.8%CURRENT US$
Rnk 19 / 195

About

Philippines-Georgia Trade: In 2023, Philippines exported $2.24M to Georgia. The main products that Philippines exported to Georgia were Motor vehicles; parts and accessories (8701 to 8705) ($1.07M), Activated Carbon ($314k), and Knit T-shirts ($162k). Over the past 5 years the exports of Philippines to Georgia have decreased at an annualized rate of 41.3%, from $32.1M in 2018 to $2.24M in 2023.

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

Georgia-Philippines Trade: In 2023, Georgia exported $3.25M to Philippines. The main products that Georgia exported to Philippines were Animal Meal and Pellets ($2.7M), Cars ($129k), and Kaolin ($123k). Over the past 5 years the exports of Georgia to Philippines have increased at an annualized rate of 6.39%,  from $1.75M in 2018 to $3.25M in 2023.

In 2023, Georgia 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, Georgia ranked 55 in the Economic Complexity Index (ECI 0.13), and 123 in total exports ($6.39B).

Latest Trends

July, 2024

About

Overview In July 2024, Philippines exported $84.3k and imported $203k from Georgia, resulting in a negative trade balance of $119k. Between July 2023 and July 2024 the exports of Philippines have decreased by $-63.1k (-42.8%) from $147k to $84.3k, while imports increased by $174k (604%) from $28.9k to $203k.

Trade In July 2024, the top exports of Philippines to Georgia were Coconuts, Brazil Nuts, and Cashews ($81.3k), Motor vehicles; parts and accessories (8701... ($79.9k), Other Processed Fruits and Nuts ($37.1k), and Commodities not elsewhere specified ($1k). In July 2024 the top imports of Philippines from Georgia were Kaolin ($40.4k), Electric Motors ($3.76k), Other Iron Products ($1.86k), Gaskets ($1.59k), and Transmissions ($1.37k).

Growth In July 2024, the decrease in Philippines's year-by-year exports to Georgia was explained primarily by an decrease in product exports in Motor vehicles; parts and accessories (8701... ($-21.2k or -21%). In July 2024, the increase in Philippines's year-by-year imports  from Georgia was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)$-63.1k(-42.8%)
IMPORT GROWTH (July 2023 - July 2024)$174k(604%)

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 Georgia and Philippines trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Georgia and Philippines Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Philippines exported $2.24M to Georgia. The main products exported from Philippines to Georgia were Motor vehicles; parts and accessories (8701 to 8705) ($1.07M), Activated Carbon ($314k), and Knit T-shirts ($162k). During the last 5 years the exports of Philippines to Georgia have decreased at an annualized rate of 41.3%, from $32.1M in 2018 to $2.24M in 2023.

In 2018, Georgia exported $3.25M to Philippines. The main products exported from Georgia to Philippines were Animal Meal and Pellets ($2.7M), Cars ($129k), and Kaolin ($123k). During the last 5 years the exports of Georgia to Philippines have increased at an annualized rate of 6.39%, from $1.75M in 2023 to $3.25M in 2018.

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

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

Market Competitiveness

Color
Philippines
Top DestinationChina$19B
Georgia
Top DestinationAzerbaijan$828M

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

In 2023, countries that imported more from Georgia than Philippines included Azerbaijan ($828M), Armenia ($712M), and Russia ($657M).

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

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 2023, Philippines had a large net trade with Georgia in the exports of Transportation ($1.07M), Chemical Products ($314k), and Textiles ($214k).

During 2018, Georgia had a large net trade with Philippines in the exports of Foodstuffs ($2.72M), Transportation ($129k), and Mineral Products ($123k).

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) (2023)

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