Sign In
Pricing

2022
Flag → Flag
Exports $23.6kRnk 186 / 205
2022
Flag → Flag
Top Product $23.4kIntegrated Circuits
2022
Flag → Flag
Exports $25.5kRnk 40 / 66
2022
Flag → Flag
Top Product $25.5kProcessed Crustaceans
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag  
GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
GDP PC $3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186

About

Philippines-Greenland Trade: In 2022, Philippines exported $23.6k to Greenland. The main products that Philippines exported to Greenland were Integrated Circuits ($23.4k), Live Fish ($198), and Plastic Building Materials ($50). Over the past 7 years the exports of Philippines to Greenland have decreased at an annualized rate of 6.18%, from $36.9k in 2015 to $23.6k in 2022.

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

Greenland-Philippines Trade: In 2022, Greenland exported $25.5k to Philippines. The main products that Greenland exported to Philippines were Processed Crustaceans ($25.5k). Over the past 7 years the exports of Greenland to Philippines have increased at an annualized rate of 70.3%,  from $1.78k in 2015 to $25.5k in 2022.

In 2022, Greenland 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, Greenland ranked 152 in total exports ($1.49B), and does not have data regarding Economic Complexity Index.

Latest Trends

October, 2023

About

Overview In October 2023, Philippines exported $218 and imported $2.72k from Greenland, resulting in a negative trade balance of $2.5k. Between October 2022 and October 2023 the exports of Philippines have decreased by $-23.2k (-99.1%) from $23.4k to $218, while imports decreased by $-2.73k (-50.1%) from $5.45k to $2.72k.

Trade In October 2023, the top exports of Philippines to Greenland were . In October 2023 the top imports of Philippines from Greenland were Processed Crustaceans ($1.76k).

Growth In October 2023, the decrease in Philippines's year-by-year exports to Greenland was explained primarily by an decrease in product exports in . In May 2024, the decrease in Philippines's year-by-year imports  from Greenland was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (October 2022 - October 2023)$-23.2k(-99.1%)
IMPORT GROWTH (May 2023 - May 2024)$-2.73k(-50.1%)

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 Greenland and Philippines trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Greenland and Philippines Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $23.6k to Greenland. The main products exported from Philippines to Greenland were Integrated Circuits ($23.4k), Live Fish ($198), and Plastic Building Materials ($50). During the last 7 years the exports of Philippines to Greenland have decreased at an annualized rate of 6.18%, from $36.9k in 2015 to $23.6k in 2022.

In 2017, Greenland exported $25.5k to Philippines. The main products exported from Greenland to Philippines were Processed Crustaceans ($25.5k). During the last 5 years the exports of Greenland to Philippines have increased at an annualized rate of 70.3%, from $1.78k in 2022 to $25.5k in 2017.

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

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

Market Competitiveness

Color
Philippines
Top DestinationUnited States$15.5B
Greenland
Top DestinationDenmark$731M

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

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

In 2022, countries that imported more from Greenland than Philippines included Denmark ($731M) and Iceland ($18.9M).

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

Comparative Advantage Philippines - Greenland

Flow
Scale

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

During 2022, Philippines had a large net trade with Greenland in the exports of Machines ($23.4k), Animal Products ($198), and Plastics and Rubbers ($50).

During 2017, Greenland had a large net trade with Philippines in the exports of Foodstuffs ($25.5k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Philippines and Greenland. This means that a dot/product with the flag of Philippines indicates it has a comparative advantage over Greenland. Similarly, a dot/product with the flag of Greenland indicates it has a comparative advantage over Philippines.

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms