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2022
Flag → Flag
Exports $260MRnk 28 / 205
2022
Flag → Flag
Top Product $91.8MOffice Machine Parts
2022
Flag → Flag
Exports $309MRnk 44 / 210
2022
Flag → Flag
Top Product $39.5MFrozen Bovine Meat
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.27Rnk 18 / 133
2022
Flag  
GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
 GDP$529BCURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP GROWTH135%CURRENT US$
Rnk 7 / 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$104,039CURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP PC GROWTH112%CURRENT US$
Rnk 7 / 186

About

Philippines-Ireland Trade: In 2022, Philippines exported $260M to Ireland. The main products that Philippines exported to Ireland were Office Machine Parts ($91.8M), Integrated Circuits ($58.2M), and Semiconductor Devices ($24M). Over the past 5 years the exports of Philippines to Ireland have increased at an annualized rate of 8.59%, from $172M in 2017 to $260M in 2022.

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

Ireland-Philippines Trade: In 2022, Ireland exported $309M to Philippines. The main products that Ireland exported to Philippines were Frozen Bovine Meat ($39.5M), Concentrated Milk ($36.8M), and Integrated Circuits ($24.8M). Over the past 5 years the exports of Ireland to Philippines have increased at an annualized rate of 9.43%,  from $197M in 2017 to $309M in 2022.

In 2020, Ireland exported services to Philippines worth $304M, with Other business services ($298M), Financial services ($4.57M), and Communications services ($1.14M) 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, Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B).

Latest Trends

August, 2024

About

Overview In August 2024, Philippines exported $17.6M and imported $27M from Ireland, resulting in a negative trade balance of $9.38M. Between August 2023 and August 2024 the exports of Philippines have increased by $7.97M (82.9%) from $9.61M to $17.6M, while imports decreased by $-990k (-3.54%) from $27.9M to $27M.

Trade In August 2024, the top exports of Philippines to Ireland were Commodities not elsewhere specified ($2.89M), Electrical Transformers ($2.64M), Semiconductor Devices ($1.38M), Optical Fibers and optical fibre bundles ($549k), and Electrical Resistors ($418k). In August 2024 the top imports of Philippines from Ireland were Concentrated Milk ($4.43M), Malt Extract ($3.62M), Commodities not elsewhere specified ($3.12M), Frozen Bovine Meat ($2.54M), and Packaged Medicaments ($2.45M).

Growth In August 2024, the increase in Philippines's year-by-year exports to Ireland was explained primarily by an increase in product exports in Commodities not elsewhere specified ($2.1M or 267%), Electrical Transformers ($1.05M or 66%), and Semiconductor Devices ($137k or 11%). In August 2024, the decrease in Philippines's year-by-year imports  from Ireland was explained primarily by an decrease in product imports  in Concentrated Milk ($-5.99M or -57.5%), Bovine, Sheep, and Goat Fat ($-672k or -40.9%), and Medical Instruments ($-284k or -20.6%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$7.97M(82.9%)
IMPORT GROWTH (August 2023 - August 2024)$-990k(-3.54%)

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 Ireland and Philippines trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Ireland and Philippines Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $260M to Ireland. The main products exported from Philippines to Ireland were Office Machine Parts ($91.8M), Integrated Circuits ($58.2M), and Semiconductor Devices ($24M). During the last 5 years the exports of Philippines to Ireland have increased at an annualized rate of 8.59%, from $172M in 2017 to $260M in 2022.

In 2017, Ireland exported $309M to Philippines. The main products exported from Ireland to Philippines were Frozen Bovine Meat ($39.5M), Concentrated Milk ($36.8M), and Integrated Circuits ($24.8M). During the last 5 years the exports of Ireland to Philippines have increased at an annualized rate of 9.43%, from $197M in 2022 to $309M in 2017.

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

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

Market Competitiveness

Color
Philippines
Top DestinationUnited States$15.5B
Ireland
Top DestinationUnited States$70.7B

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

In 2022, countries that imported more from Philippines than Ireland included Hong Kong ($12.6B), Singapore ($7.07B), and Japan ($11.3B).

In 2022, countries that imported more from Ireland than Philippines included United States ($70.7B), Germany ($28.6B), and Belgium ($17B).

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

Comparative Advantage Philippines - Ireland

Flow
Scale

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

During 2022, Philippines had a large net trade with Ireland in the exports of Machines ($220M), Instruments ($12.6M), and Vegetable Products ($7.13M).

During 2017, Ireland had a large net trade with Philippines in the exports of Animal Products ($121M), Chemical Products ($52.6M), and Machines ($47.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Ireland+$48.9MComputers
Top Product Potential Ireland Philippines+$40.1MIntegrated Circuits

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, Ireland exported services to Philippines worth $304M, with Other business services ($298M), Financial services ($4.57M), and Communications services ($1.14M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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