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Pricing

2022
Flag → Flag
Exports $35.3MRnk 61 / 205
2022
Flag → Flag
Top Product $11.6MOffice Machine Parts
2022
Flag → Flag
Exports $26.8MRnk 90 / 186
2022
Flag → Flag
Top Product $8.17MCalcium Phosphates
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.29Rnk 80 / 133
2022
Flag  
GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
 GDP$134BCURRENT US$
Rnk 59 / 186
2012-2022
Flag
GDP GROWTH25.5%CURRENT US$
Rnk 109 / 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$3,528CURRENT US$
Rnk 127 / 186
2012-2022
Flag
GDP PC GROWTH11.5%CURRENT US$
Rnk 111 / 186

About

Philippines-Morocco Trade: In 2022, Philippines exported $35.3M to Morocco. The main products that Philippines exported to Morocco were Office Machine Parts ($11.6M), Electric Motors ($5.32M), and Insulated Wire ($2.77M). Over the past 5 years the exports of Philippines to Morocco have increased at an annualized rate of 3.52%, from $29.7M in 2017 to $35.3M in 2022.

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

Morocco-Philippines Trade: In 2022, Morocco exported $26.8M to Philippines. The main products that Morocco exported to Philippines were Calcium Phosphates ($8.17M), Knit Women's Suits ($4.2M), and Non-Knit Women's Suits ($3.81M). Over the past 5 years the exports of Morocco to Philippines have increased at an annualized rate of 29.4%,  from $7.39M in 2017 to $26.8M in 2022.

In 2022, Morocco 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, Morocco ranked 80 in the Economic Complexity Index (ECI -0.29), and 63 in total exports ($46.7B).

Latest Trends

August, 2024

About

Overview In August 2024, Philippines exported $1.03M and imported $2.15M from Morocco, resulting in a negative trade balance of $1.12M. Between August 2023 and August 2024 the exports of Philippines have increased by $54.4k (5.59%) from $974k to $1.03M, while imports increased by $26.2k (1.24%) from $2.12M to $2.15M.

Trade In August 2024, the top exports of Philippines to Morocco were Machines and apparatus of a kind... ($2.92M), Integrated Circuits ($1.13M), Electrical Lighting and Signalling Equipment ($599k), Shaving Products ($141k), and Non-Retail Synthetic Staple Fibers Yarn ($125k). In August 2024 the top imports of Philippines from Morocco were Knit Women's Suits ($422k), Non-Knit Women's Suits ($273k), Non-Knit Women's Shirts ($228k), Non-Knit Men's Suits ($104k), and Other Knit Garments ($97.5k).

Growth In August 2024, the increase in Philippines's year-by-year exports to Morocco was explained primarily by an increase in product exports in Integrated Circuits ($1.07M or 1.55k%). In August 2024, the increase in Philippines's year-by-year imports  from Morocco was explained primarily by an increase in product imports  in Knit Women's Suits ($234k or 125%), Non-Knit Women's Shirts ($140k or 161%), and Non-Knit Women's Suits ($139k or 103%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$54.4k(5.59%)
IMPORT GROWTH (August 2023 - August 2024)$26.2k(1.24%)

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 Morocco and Philippines trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Morocco and Philippines Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $35.3M to Morocco. The main products exported from Philippines to Morocco were Office Machine Parts ($11.6M), Electric Motors ($5.32M), and Insulated Wire ($2.77M). During the last 5 years the exports of Philippines to Morocco have increased at an annualized rate of 3.52%, from $29.7M in 2017 to $35.3M in 2022.

In 2017, Morocco exported $26.8M to Philippines. The main products exported from Morocco to Philippines were Calcium Phosphates ($8.17M), Knit Women's Suits ($4.2M), and Non-Knit Women's Suits ($3.81M). During the last 5 years the exports of Morocco to Philippines have increased at an annualized rate of 29.4%, from $7.39M in 2022 to $26.8M in 2017.

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

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

Market Competitiveness

Color
Philippines
Top DestinationUnited States$15.5B
Morocco
Top DestinationSpain$8.55B

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

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

In 2022, countries that imported more from Morocco than Philippines included Spain ($8.55B), France ($7.92B), and India ($2.99B).

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

Comparative Advantage Philippines - Morocco

Flow
Scale

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

During 2022, Philippines had a large net trade with Morocco in the exports of Machines ($26.1M), Instruments ($3.16M), and Chemical Products ($2.11M).

During 2017, Morocco had a large net trade with Philippines in the exports of Textiles ($16M), Mineral Products ($8.17M), and Machines ($1.19M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Morocco+$5.62MInsulated Wire
Top Product Potential Morocco Philippines+$649kPlastic Lids

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 Morocco. This means that a dot/product with the flag of Philippines indicates it has a comparative advantage over Morocco. Similarly, a dot/product with the flag of Morocco indicates it has a comparative advantage over Philippines.

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

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