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2023
Flag → Flag
Exports $20.3MRnk 73 / 201
2023
Flag → Flag
Top Product $14.6MRolled Tobacco
2023
Flag → Flag
Exports $1.29MRnk 23 / 93
2023
Flag → Flag
Top Product $1.06MNon-fillet Frozen Fish
2023
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 132
2023
Flag  
GDP$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH54%CURRENT US$
Rnk 67 / 195
2023
Flag
 GDP$6.59BCURRENT US$
Rnk 157 / 195
2013-2023
Flag
GDP GROWTH100%CURRENT US$
Rnk 15 / 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$12,530CURRENT US$
Rnk 81 / 196
2013-2023
Flag
GDP PC GROWTH52.1%CURRENT US$
Rnk 44 / 195

About

Philippines-Maldives Trade: In 2023, Philippines exported $20.3M to Maldives. The main products that Philippines exported to Maldives were Rolled Tobacco ($14.6M), Rubber Pipes ($1.34M), and Electric Batteries ($1.31M). Over the past 5 years the exports of Philippines to Maldives have increased at an annualized rate of 55.3%, from $2.25M in 2018 to $20.3M in 2023.

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

Maldives-Philippines Trade: In 2023, Maldives exported $1.29M to Philippines. The main products that Maldives exported to Philippines were Non-fillet Frozen Fish ($1.06M), Fish Fillets ($158k), and Processed Fish ($51.6k). Over the past 5 years the exports of Maldives to Philippines have increased at an annualized rate of 16.5%,  from $604k in 2018 to $1.29M in 2023.

In 2023, Maldives 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, Maldives ranked 176 in total exports ($361M), and does not have data regarding Economic Complexity Index.

Latest Trends

July, 2024

About

Overview In July 2024, Philippines exported $499k and imported $73.1k from Maldives, resulting in a positive trade balance of $425k. Between July 2023 and July 2024 the exports of Philippines have decreased by $-364k (-42.2%) from $862k to $499k, while imports decreased by $-71.7k (-49.5%) from $145k to $73.1k.

Trade In July 2024, the top exports of Philippines to Maldives were Rolled Tobacco ($2.77M), Beer ($18.6k), Baked Goods ($16.1k), Telephones ($9.92k), and Machinery parts, not containing electrical connectors,... ($9.78k). In July 2024 the top imports of Philippines from Maldives were Fish Fillets ($8.23k), Non-fillet Frozen Fish ($4.26k), Small Iron Containers ($2.99k), and Telephones ($2.71k).

Growth In July 2024, the decrease in Philippines's year-by-year exports to Maldives was explained primarily by an decrease in product exports in . In July 2024, the decrease in Philippines's year-by-year imports  from Maldives was explained primarily by an decrease in product imports  in Non-fillet Frozen Fish ($-25.7k or -85.8%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)$-364k(-42.2%)
IMPORT GROWTH (July 2023 - July 2024)$-71.7k(-49.5%)

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 Maldives and Philippines trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Maldives and Philippines Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Philippines exported $20.3M to Maldives. The main products exported from Philippines to Maldives were Rolled Tobacco ($14.6M), Rubber Pipes ($1.34M), and Electric Batteries ($1.31M). During the last 5 years the exports of Philippines to Maldives have increased at an annualized rate of 55.3%, from $2.25M in 2018 to $20.3M in 2023.

In 2018, Maldives exported $1.29M to Philippines. The main products exported from Maldives to Philippines were Non-fillet Frozen Fish ($1.06M), Fish Fillets ($158k), and Processed Fish ($51.6k). During the last 5 years the exports of Maldives to Philippines have increased at an annualized rate of 16.5%, from $604k in 2023 to $1.29M in 2018.

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

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

Market Competitiveness

Color
Philippines
Top DestinationChina$19B
Maldives
Top DestinationThailand$115M

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

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

In 2023, countries that imported more from Maldives than Philippines included Mauritius ($11.5M), Syria ($493k), and Libya ($280k).

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

Comparative Advantage Philippines - Maldives

Flow
Scale

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

During 2023, Philippines had a large net trade with Maldives in the exports of Foodstuffs ($15.2M), Machines ($1.67M), and Plastics and Rubbers ($1.35M).

During 2018, Maldives had a large net trade with Philippines in the exports of Animal Products ($1.21M), Foodstuffs ($51.6k), and Machines ($22.8k).

Economic Complexity

Competitive Landscape

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

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

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