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2023
Flag → Flag
Exports $26.7MRnk 65 / 201
2023
Flag → Flag
Top Product $11.8MCoconut Oil
2023
Flag → Flag
Exports $29.5MRnk 93 / 214
2023
Flag → Flag
Top Product $11.2MPackaged Medicaments
2023
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.4Rnk 46 / 132
2023
Flag  
GDP$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH54%CURRENT US$
Rnk 67 / 195
2023
Flag
 GDP$243BCURRENT US$
Rnk 54 / 195
2013-2023
Flag
GDP GROWTH2.93%CURRENT US$
Rnk 166 / 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$23,401CURRENT US$
Rnk 53 / 196
2013-2023
Flag
GDP PC GROWTH8.47%CURRENT US$
Rnk 139 / 195

About

Philippines-Greece Trade: In 2023, Philippines exported $26.7M to Greece. The main products that Philippines exported to Greece were Coconut Oil ($11.8M), Processed Fish ($3.23M), and Other Processed Fruits and Nuts ($1.55M). Over the past 5 years the exports of Philippines to Greece have increased at an annualized rate of 23.6%, from $9.23M in 2018 to $26.7M in 2023.

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

Greece-Philippines Trade: In 2023, Greece exported $29.5M to Philippines. The main products that Greece exported to Philippines were Packaged Medicaments ($11.2M), Beauty Products ($4.78M), and Raw Tobacco ($2M). Over the past 5 years the exports of Greece to Philippines have decreased at an annualized rate of 18.2%,  from $80.5M in 2018 to $29.5M in 2023.

In 2020, Greece exported services to Philippines worth $127M, with Transportation ($126M), Travel ($914k), and Other business services ($457k) 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, Greece ranked 46 in the Economic Complexity Index (ECI 0.4), and 56 in total exports ($53.3B).

Latest Trends

July, 2024

About

Overview In July 2024, Philippines exported $5.52M and imported $3.67M from Greece, resulting in a positive trade balance of $1.85M. Between July 2023 and July 2024 the exports of Philippines have increased by $2.49M (82.1%) from $3.03M to $5.52M, while imports increased by $1.54M (72.5%) from $2.13M to $3.67M.

Trade In July 2024, the top exports of Philippines to Greece were Industrial Printers ($1.16M), Raw Tobacco ($377k), Processed Fish ($146k), Rubber Tires ($64.7k), and Commodities not elsewhere specified ($39.4k). In July 2024 the top imports of Philippines from Greece were Packaged Medicaments ($3.05M), Raw Tobacco ($355k), Other Printed Material ($119k), Cheese ($82.1k), and Beer ($47.8k).

Growth In July 2024, the increase in Philippines's year-by-year exports to Greece was explained primarily by an increase in product exports in Processed Fish ($74.3k or 104%), Other Processed Fruits and Nuts ($19.5k or 171%), and Microphones and Headphones ($452 or 266%). In July 2024, the increase in Philippines's year-by-year imports  from Greece was explained primarily by an increase in product imports  in Packaged Medicaments ($471k or 18.3%), Raw Tobacco ($254k or 253%), and Soap ($22.4k or 287%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)$2.49M(82.1%)
IMPORT GROWTH (July 2023 - July 2024)$1.54M(72.5%)

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 Greece and Philippines trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Greece and Philippines Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Philippines exported $26.7M to Greece. The main products exported from Philippines to Greece were Coconut Oil ($11.8M), Processed Fish ($3.23M), and Other Processed Fruits and Nuts ($1.55M). During the last 5 years the exports of Philippines to Greece have increased at an annualized rate of 23.6%, from $9.23M in 2018 to $26.7M in 2023.

In 2018, Greece exported $29.5M to Philippines. The main products exported from Greece to Philippines were Packaged Medicaments ($11.2M), Beauty Products ($4.78M), and Raw Tobacco ($2M). During the last 5 years the exports of Greece to Philippines have decreased at an annualized rate of 18.2%, from $80.5M in 2023 to $29.5M in 2018.

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

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

Market Competitiveness

Color
Philippines
Top DestinationChina$19B
Greece
Top DestinationItaly$6.21B

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

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

In 2023, countries that imported more from Greece than Philippines included Italy ($6.21B), Cyprus ($3.03B), and Bulgaria ($2.38B).

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

Comparative Advantage Philippines - Greece

Flow
Scale

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

During 2023, Philippines had a large net trade with Greece in the exports of Animal and Vegetable Bi-Products ($12.2M), Foodstuffs ($6.38M), and Machines ($2.57M).

During 2018, Greece had a large net trade with Philippines in the exports of Chemical Products ($18.1M), Foodstuffs ($5.03M), and Animal Products ($1.83M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Greece+$1.86MTelephones
Top Product Potential Greece Philippines+$3.44MRefined 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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Bilateral Service Trade

In 2020, Greece exported services to Philippines worth $127M, with Transportation ($126M), Travel ($914k), and Other business services ($457k) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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