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Pricing

2022
Flag → Flag
Exports $2.45MRnk 121 / 205
2022
Flag → Flag
Top Product $523kProcessed Crustaceans
2022
Flag → Flag
Exports $5.46MRnk 84 / 182
2022
Flag → Flag
Top Product $1.93MElectrical Transformers
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.8Rnk 34 / 133
2022
Flag  
GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
 GDP$71BCURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP GROWTH24%CURRENT US$
Rnk 113 / 186
2022
Flag
GDP PC $3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186
2022
Flag
GDP PC$18,413CURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP PC GROWTH37.3%CURRENT US$
Rnk 53 / 186

About

Philippines-Croatia Trade: In 2022, Philippines exported $2.45M to Croatia. The main products that Philippines exported to Croatia were Processed Crustaceans ($523k), Base Metal Watches ($346k), and Processed Fish ($223k). Over the past 5 years the exports of Philippines to Croatia have decreased at an annualized rate of 9.58%, from $4.05M in 2017 to $2.45M in 2022.

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

Croatia-Philippines Trade: In 2022, Croatia exported $5.46M to Philippines. The main products that Croatia exported to Philippines were Electrical Transformers ($1.93M), Washing and Bottling Machines ($835k), and Yeast ($665k). Over the past 5 years the exports of Croatia to Philippines have decreased at an annualized rate of 10.2%,  from $11.6M in 2017 to $5.46M in 2022.

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 2022,  Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B). That same year, Croatia ranked 34 in the Economic Complexity Index (ECI 0.8), and 73 in total exports ($26B).

Latest Trends

August, 2024

About

Overview In August 2024, Philippines exported $241k and imported $344k from Croatia, resulting in a negative trade balance of $102k. Between August 2023 and August 2024 the exports of Philippines have increased by $477 (0.2%) from $241k to $241k, while imports increased by $148k (75.4%) from $196k to $344k.

Trade In August 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 August 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 August 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 August 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 (August 2023 - August 2024)$477(0.2%)
IMPORT GROWTH (August 2023 - August 2024)$148k(75.4%)

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 2022, Philippines exported $2.45M to Croatia. The main products exported from Philippines to Croatia were Processed Crustaceans ($523k), Base Metal Watches ($346k), and Processed Fish ($223k). During the last 5 years the exports of Philippines to Croatia have decreased at an annualized rate of 9.58%, from $4.05M in 2017 to $2.45M in 2022.

In 2017, Croatia exported $5.46M to Philippines. The main products exported from Croatia to Philippines were Electrical Transformers ($1.93M), Washing and Bottling Machines ($835k), and Yeast ($665k). During the last 5 years the exports of Croatia to Philippines have decreased at an annualized rate of 10.2%, from $11.6M in 2022 to $5.46M in 2017.

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

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

Market Competitiveness

Color
Philippines
Top DestinationUnited States$15.5B
Croatia
Top DestinationItaly$3.44B

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

In 2022, countries that imported more from Croatia than Philippines included Italy ($3.44B), Slovenia ($2.87B), and Hungary ($2.65B).

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

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 2022, Philippines had a large net trade with Croatia in the exports of Foodstuffs ($1.1M), Instruments ($455k), and Machines ($289k).

During 2017, Croatia had a large net trade with Philippines in the exports of Machines ($3.68M), Foodstuffs ($838k), and Plastics and Rubbers ($349k).

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) (2022)

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