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2023
Flag → Flag
Exports $4.53MRnk 102 / 201
2023
Flag → Flag
Top Product $1.28MElectrical Transformers
2023
Flag → Flag
Exports $4.11MRnk 88 / 191
2023
Flag → Flag
Top Product $1.08MElectrical Control Boards
2023
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.76Rnk 34 / 132
2023
Flag  
GDP$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH54%CURRENT US$
Rnk 67 / 195
2023
Flag
 GDP$84.4BCURRENT US$
Rnk 74 / 195
2013-2023
Flag
GDP GROWTH41%CURRENT US$
Rnk 92 / 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$21,865CURRENT US$
Rnk 60 / 196
2013-2023
Flag
GDP PC GROWTH54.7%CURRENT US$
Rnk 41 / 195

About

Philippines-Croatia Trade: In 2023, Philippines exported $4.53M to Croatia. The main products that Philippines exported to Croatia were Electrical Transformers ($1.28M), Base Metal Watches ($624k), and Processed Fish ($551k). Over the past 5 years the exports of Philippines to Croatia have decreased at an annualized rate of 1.94%, from $4.99M in 2018 to $4.53M in 2023.

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

Croatia-Philippines Trade: In 2023, Croatia exported $4.11M to Philippines. The main products that Croatia exported to Philippines were Electrical Control Boards ($1.08M), Electrical Transformers ($620k), and Weapons Parts and Accessories ($310k). Over the past 5 years the exports of Croatia to Philippines have decreased at an annualized rate of 24.4%,  from $16.7M in 2018 to $4.11M in 2023.

In 2020, Croatia exported services to Philippines worth $2.51M, with Computer and information services ($1.94M), Travel ($457k), and Other business services ($114k) 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, Croatia ranked 34 in the Economic Complexity Index (ECI 0.76), and 75 in total exports ($22.5B).

Latest Trends

July, 2024

About

Overview In July 2024, Philippines exported $451k and imported $451k from Croatia, resulting in a positive trade balance of $234. Between July 2023 and July 2024 the exports of Philippines have increased by $277k (159%) from $174k to $451k, while imports increased by $386k (597%) from $64.6k to $451k.

Trade In July 2024, the top exports of Philippines to Croatia were Commodities not elsewhere specified ($75.8k), Other Office Machines ($4.7k), Plastic Lids ($3.21k), Integrated Circuits ($2.6k), and Telephones ($1.48k). In July 2024 the top imports of Philippines from Croatia were Electrical Control Boards ($119k), Handguns ($116k), Sawn Wood ($18.8k), Cement ($13.3k), and Commodities not elsewhere specified ($12.4k).

Growth In July 2024, the increase in Philippines's year-by-year exports to Croatia was explained primarily by an increase in product exports in Commodities not elsewhere specified ($61.6k or 432%), Integrated Circuits ($2.43k or 1.38k%), and Plastic Lids ($2.23k or 227%). In July 2024, the increase in Philippines's year-by-year imports  from Croatia was explained primarily by an increase in product imports  in Commodities not elsewhere specified ($7.42k or 150%) and Cement ($1.82k or 15.8%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)$277k(159%)
IMPORT GROWTH (July 2023 - July 2024)$386k(597%)

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 Croatia and Philippines trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Croatia and Philippines Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Philippines exported $4.53M to Croatia. The main products exported from Philippines to Croatia were Electrical Transformers ($1.28M), Base Metal Watches ($624k), and Processed Fish ($551k). During the last 5 years the exports of Philippines to Croatia have decreased at an annualized rate of 1.94%, from $4.99M in 2018 to $4.53M in 2023.

In 2018, Croatia exported $4.11M to Philippines. The main products exported from Croatia to Philippines were Electrical Control Boards ($1.08M), Electrical Transformers ($620k), and Weapons Parts and Accessories ($310k). During the last 5 years the exports of Croatia to Philippines have decreased at an annualized rate of 24.4%, from $16.7M in 2023 to $4.11M in 2018.

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

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

Market Competitiveness

Color
Philippines
Top DestinationChina$19B
Croatia
Top DestinationItaly$3.05B

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

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

In 2023, countries that imported more from Croatia than Philippines included Italy ($3.05B), Slovenia ($2.45B), and Bosnia and Herzegovina ($1.3B).

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

Comparative Advantage Philippines - Croatia

Flow
Scale

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

During 2023, Philippines had a large net trade with Croatia in the exports of Machines ($1.55M), Instruments ($884k), and Foodstuffs ($862k).

During 2018, Croatia had a large net trade with Philippines in the exports of Machines ($2.58M), Weapons ($519k), and Metals ($207k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Croatia+$503kIntegrated Circuits
Top Product Potential Croatia Philippines+$2.37MElectrical Transformers

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, Croatia exported services to Philippines worth $2.51M, with Computer and information services ($1.94M), Travel ($457k), and Other business services ($114k) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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