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2022
Flag → Flag
Exports $18.2MRnk 76 / 205
2022
Flag → Flag
Top Product $14.4MRolled Tobacco
2022
Flag → Flag
Exports $379kRnk 29 / 95
2022
Flag → Flag
Top Product $199kNon-fillet Frozen Fish
2022
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Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag  
GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
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GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
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 GDP$6.19BCURRENT US$
Rnk 150 / 186
2012-2022
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GDP GROWTH114%CURRENT US$
Rnk 9 / 186
2022
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GDP PC $3,499CURRENT US$
Rnk 129 / 186
2012-2022
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GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186
2022
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GDP PC$11,818CURRENT US$
Rnk 71 / 186
2012-2022
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GDP PC GROWTH58.7%CURRENT US$
Rnk 28 / 186

About

Philippines-Maldives Trade: In 2022, Philippines exported $18.2M to Maldives. The main products that Philippines exported to Maldives were Rolled Tobacco ($14.4M), Electric Batteries ($720k), and Electrical Transformers ($446k). Over the past 5 years the exports of Philippines to Maldives have increased at an annualized rate of 46.1%, from $2.73M in 2017 to $18.2M in 2022.

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

Maldives-Philippines Trade: In 2022, Maldives exported $379k to Philippines. The main products that Maldives exported to Philippines were Non-fillet Frozen Fish ($199k), Fish Fillets ($46.6k), and Electric Soldering Equipment ($43.2k). Over the past 5 years the exports of Maldives to Philippines have increased at an annualized rate of 0.35%,  from $373k in 2017 to $379k in 2022.

In 2022, Maldives 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, Maldives ranked 166 in total exports ($689M), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

About

Overview In August 2024, Philippines exported $260k and imported $112k from Maldives, resulting in a positive trade balance of $147k. Between August 2023 and August 2024 the exports of Philippines have decreased by $-296k (-53.2%) from $555k to $260k, while imports increased by $4.52k (4.19%) from $108k to $112k.

Trade In August 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 August 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 August 2024, the decrease in Philippines's year-by-year exports to Maldives was explained primarily by an decrease in product exports in . In August 2024, the increase in Philippines's year-by-year imports  from Maldives was explained primarily by an increase in product imports  in Small Iron Containers ($350 or 13.3%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$-296k(-53.2%)
IMPORT GROWTH (August 2023 - August 2024)$4.52k(4.19%)

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

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $18.2M to Maldives. The main products exported from Philippines to Maldives were Rolled Tobacco ($14.4M), Electric Batteries ($720k), and Electrical Transformers ($446k). During the last 5 years the exports of Philippines to Maldives have increased at an annualized rate of 46.1%, from $2.73M in 2017 to $18.2M in 2022.

In 2017, Maldives exported $379k to Philippines. The main products exported from Maldives to Philippines were Non-fillet Frozen Fish ($199k), Fish Fillets ($46.6k), and Electric Soldering Equipment ($43.2k). During the last 5 years the exports of Maldives to Philippines have increased at an annualized rate of 0.35%, from $373k in 2022 to $379k in 2017.

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

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

Market Competitiveness

Color
Philippines
Top DestinationUnited States$15.5B
Maldives
Top DestinationIndia$488M

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

In 2022, countries that imported more from Maldives than Philippines included Mauritius ($11.1M), Seychelles ($6.14M), and Namibia ($1.15M).

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

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 2022, Philippines had a large net trade with Maldives in the exports of Foodstuffs ($15.4M), Machines ($1.93M), and Vegetable Products ($223k).

During 2017, Maldives had a large net trade with Philippines in the exports of Animal Products ($246k), Machines ($103k), and Metals ($18.3k).

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) (2022)

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