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Pricing

2023
Flag → Flag
Exports $2.59MRnk 122 / 201
2023
Flag → Flag
Top Product $1.13MLow-voltage Protection Equipment
2023
Flag → Flag
Exports $1.71MRnk 50 / 150
2023
Flag → Flag
Top Product $1.56MAlcohol > 80% ABV
2023
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.14Rnk 70 / 132
2023
Flag  
GDP$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH54%CURRENT US$
Rnk 67 / 195
2023
Flag
 GDP$19.4BCURRENT US$
Rnk 124 / 195
2013-2023
Flag
GDP GROWTH36.2%CURRENT US$
Rnk 101 / 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$6,840CURRENT US$
Rnk 105 / 196
2013-2023
Flag
GDP PC GROWTH33.5%CURRENT US$
Rnk 72 / 195

About

Philippines-Jamaica Trade: In 2023, Philippines exported $2.59M to Jamaica. The main products that Philippines exported to Jamaica were Low-voltage Protection Equipment ($1.13M), Glass Bottles ($629k), and Insulated Wire ($192k). Over the past 5 years the exports of Philippines to Jamaica have increased at an annualized rate of 34.6%, from $586k in 2018 to $2.59M in 2023.

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

Jamaica-Philippines Trade: In 2023, Jamaica exported $1.71M to Philippines. The main products that Jamaica exported to Philippines were Alcohol > 80% ABV ($1.56M), Delivery Trucks ($78k), and Large Construction Vehicles ($23.5k). Over the past 5 years the exports of Jamaica to Philippines have increased at an annualized rate of 34.2%,  from $392k in 2018 to $1.71M in 2023.

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

Comparison: In 2023,  Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B). That same year, Jamaica ranked 70 in the Economic Complexity Index (ECI -0.14), and 147 in total exports ($1.89B).

Latest Trends

June, 2024

About

Overview In June 2024, Philippines exported $39.1k and imported $10.3k from Jamaica, resulting in a positive trade balance of $28.8k. Between June 2023 and June 2024 the exports of Philippines have increased by $26.6k (213%) from $12.5k to $39.1k, while imports increased by $7.87k (322%) from $2.45k to $10.3k.

Trade In June 2024, the top exports of Philippines to Jamaica were Vegetable Saps ($42k), Insulated Wire ($6.64k), Wood Carpentry ($4.9k), Cement Articles ($4.9k), and Telephones ($4.55k). In June 2024 the top imports of Philippines from Jamaica were X-Ray Equipment ($131).

Growth In June 2024, the increase in Philippines's year-by-year exports to Jamaica was explained primarily by an increase in product exports in Insulated Wire ($3.68k or 124%), Cement Articles ($1.94k or 65.3%), and Plastic Housewares ($200 or 6.74%). In July 2024, the increase in Philippines's year-by-year imports  from Jamaica was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (June 2023 - June 2024)$26.6k(213%)
IMPORT GROWTH (July 2023 - July 2024)$7.87k(322%)

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 Jamaica and Philippines trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Jamaica and Philippines Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Philippines exported $2.59M to Jamaica. The main products exported from Philippines to Jamaica were Low-voltage Protection Equipment ($1.13M), Glass Bottles ($629k), and Insulated Wire ($192k). During the last 5 years the exports of Philippines to Jamaica have increased at an annualized rate of 34.6%, from $586k in 2018 to $2.59M in 2023.

In 2018, Jamaica exported $1.71M to Philippines. The main products exported from Jamaica to Philippines were Alcohol > 80% ABV ($1.56M), Delivery Trucks ($78k), and Large Construction Vehicles ($23.5k). During the last 5 years the exports of Jamaica to Philippines have increased at an annualized rate of 34.2%, from $392k in 2023 to $1.71M in 2018.

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

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

Market Competitiveness

Color
Philippines
Top DestinationChina$19B
Jamaica
Top DestinationUnited States$709M

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

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

In 2023, countries that imported more from Jamaica than Philippines included Latvia ($131M), Iceland ($127M), and Russia ($138M).

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

Comparative Advantage Philippines - Jamaica

Flow
Scale

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

During 2023, Philippines had a large net trade with Jamaica in the exports of Machines ($1.51M), Stone And Glass ($634k), and Foodstuffs ($270k).

During 2018, Jamaica had a large net trade with Philippines in the exports of Foodstuffs ($1.56M), Transportation ($78.5k), and Machines ($38.5k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Jamaica+$288kLow-voltage Protection Equipment
Top Product Potential Jamaica Philippines+$29.2kTelephones

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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Economic Complexity

Competitive Landscape

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

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

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