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Pricing

2023
Flag → Flag
Exports $21.7kRnk 188 / 201
2023
Flag → Flag
Top Product $12.4kBoat Propellers
2023
Flag → Flag
Exports $4.13MRnk 25 / 76
2023
Flag → Flag
Top Product $4.12MVeneer Sheets
2023
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 132
2023
Flag  
GDP$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH54%CURRENT US$
Rnk 67 / 195
2023
Flag
 GDP$12.3BCURRENT US$
Rnk 146 / 195
2013-2023
Flag
GDP GROWTH-43.8%CURRENT US$
Rnk 195 / 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$6,678CURRENT US$
Rnk 108 / 196
2013-2023
Flag
GDP PC GROWTH-59%CURRENT US$
Rnk 195 / 195

About

Philippines-Equatorial Guinea Trade: In 2023, Philippines exported $21.7k to Equatorial Guinea. The main products that Philippines exported to Equatorial Guinea were Boat Propellers ($12.4k) and Broadcasting Equipment ($9.24k). Over the past 8 years the exports of Philippines to Equatorial Guinea have decreased at an annualized rate of 0.74%, from $23k in 2015 to $21.7k in 2023.

In 2023, Philippines did not export any services to Equatorial Guinea.

Equatorial Guinea-Philippines Trade: In 2023, Equatorial Guinea exported $4.13M to Philippines. The main products that Equatorial Guinea exported to Philippines were Veneer Sheets ($4.12M), Low-voltage Protection Equipment ($9.48k), and Confectionery Sugar ($289). Over the past 8 years the exports of Equatorial Guinea to Philippines have decreased at an annualized rate of 26%,  from $18.6M in 2015 to $4.13M in 2023.

In 2023, Equatorial Guinea 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, Equatorial Guinea ranked 127 in total exports ($5.13B), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

About

Overview In N/A, Philippines exported $N/A and imported $N/A from Equatorial Guinea, resulting in a N/A trade balance of $N/A. Between N/A and N/A the exports of Philippines have N/A by $N/A (N/A) from $N/A to $N/A, while imports N/A by $N/A (N/A) from $N/A to $N/A.

Trade In N/A, the top exports of Philippines to Equatorial Guinea were Telephones ($1.37k). In N/A the top imports of Philippines from Equatorial Guinea were Veneer Sheets ($862k).

Growth In N/A, the N/A in Philippines's year-by-year exports to Equatorial Guinea was explained primarily by an decrease in product exports in . In N/A, the N/A in Philippines's year-by-year imports  from Equatorial Guinea was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth

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 Equatorial Guinea and Philippines trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Equatorial Guinea and Philippines Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Philippines exported $21.7k to Equatorial Guinea. The main products exported from Philippines to Equatorial Guinea were Boat Propellers ($12.4k) and Broadcasting Equipment ($9.24k). During the last 8 years the exports of Philippines to Equatorial Guinea have decreased at an annualized rate of 0.74%, from $23k in 2015 to $21.7k in 2023.

In 2018, Equatorial Guinea exported $4.13M to Philippines. The main products exported from Equatorial Guinea to Philippines were Veneer Sheets ($4.12M), Low-voltage Protection Equipment ($9.48k), and Confectionery Sugar ($289). During the last 5 years the exports of Equatorial Guinea to Philippines have decreased at an annualized rate of 26%, from $18.6M in 2023 to $4.13M in 2018.

Exports from Philippines (Flag) to Equatorial Guinea (Flag) (2023)

Exports from Equatorial Guinea (Flag) to Philippines (Flag) (2023)

Market Competitiveness

Color
Philippines
Top DestinationChina$19B
Equatorial Guinea
Top DestinationChina$1.37B

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

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

In 2023, countries that imported more from Equatorial Guinea than Philippines included Spain ($531M), Chile ($137M), and El Salvador ($27M).

Difference in imports from Equatorial Guinea (Flag) and Philippines (Flag) (2023)

Comparative Advantage Philippines - Equatorial Guinea

Flow
Scale

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

During 2023, Philippines had a large net trade with Equatorial Guinea in the exports of Machines ($21.7k).

During 2018, Equatorial Guinea had a large net trade with Philippines in the exports of Wood Products ($4.12M), Machines ($9.69k), and Foodstuffs ($289).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Equatorial Guinea+$2.7kRefined Copper
Top Product Potential Equatorial Guinea Philippines+$3.86kCrude 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 Equatorial Guinea. This means that a dot/product with the flag of Philippines indicates it has a comparative advantage over Equatorial Guinea. Similarly, a dot/product with the flag of Equatorial Guinea indicates it has a comparative advantage over Philippines.

Product Space of Philippines (Flag) and Equatorial Guinea (Flag) (2023)

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