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2022
Flag → Flag
Exports $64.2MRnk 50 / 205
2022
Flag → Flag
Top Product $14.3MCars
2022
Flag → Flag
Exports $189MRnk 36 / 199
2022
Flag → Flag
Top Product $53.7MRice
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.45Rnk 84 / 133
2022
Flag  
GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
 GDP$377BCURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP GROWTH67.8%CURRENT US$
Rnk 31 / 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$1,597CURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP PC GROWTH43.9%CURRENT US$
Rnk 43 / 186

About

Philippines-Pakistan Trade: In 2022, Philippines exported $64.2M to Pakistan. The main products that Philippines exported to Pakistan were Cars ($14.3M), Cigarette Paper ($10.7M), and Motor vehicles; parts and accessories (8701 to 8705) ($3.04M). Over the past 5 years the exports of Philippines to Pakistan have decreased at an annualized rate of 6.61%, from $90.4M in 2017 to $64.2M in 2022.

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

Pakistan-Philippines Trade: In 2022, Pakistan exported $189M to Philippines. The main products that Pakistan exported to Philippines were Rice ($53.7M), Alcohol > 80% ABV ($33.7M), and Packaged Medicaments ($30M). Over the past 5 years the exports of Pakistan to Philippines have decreased at an annualized rate of 1.6%,  from $211M in 2017 to $189M in 2022.

In 2022, Pakistan 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, Pakistan ranked 84 in the Economic Complexity Index (ECI -0.45), and 66 in total exports ($38.6B).

Latest Trends

August, 2024

About

Overview In August 2024, Philippines exported $1.85M and imported $17.5M from Pakistan, resulting in a negative trade balance of $15.6M. Between August 2023 and August 2024 the exports of Philippines have decreased by $-363k (-16.4%) from $2.21M to $1.85M, while imports increased by $10.6M (154%) from $6.9M to $17.5M.

Trade In August 2024, the top exports of Philippines to Pakistan were Cigarette Paper ($492k), Used Clothing ($390k), Other Processed Fruits and Nuts ($312k), Trunks and Cases ($61.1k), and Industrial Fatty Acids, Oils and Alcohols ($57.1k). In August 2024 the top imports of Philippines from Pakistan were Citrus ($3.74M), Packaged Medicaments ($2.83M), Rice ($407k), Non-Knit Men's Suits ($277k), and Knit T-shirts ($241k).

Growth In August 2024, the decrease in Philippines's year-by-year exports to Pakistan was explained primarily by an decrease in product exports in Motor vehicles; parts and accessories (8701... ($-1.01M or -96.7%), Sauces and Seasonings ($-73.9k or -64.5%), and Industrial Fatty Acids, Oils and Alcohols ($-51.3k or -47.3%). In August 2024, the increase in Philippines's year-by-year imports  from Pakistan was explained primarily by an increase in product imports  in Packaged Medicaments ($574k or 25.5%), Non-Knit Men's Suits ($228k or 461%), and Citrus ($159k or 4.44%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$-363k(-16.4%)
IMPORT GROWTH (August 2023 - August 2024)$10.6M(154%)

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 Pakistan and Philippines trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Pakistan and Philippines Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $64.2M to Pakistan. The main products exported from Philippines to Pakistan were Cars ($14.3M), Cigarette Paper ($10.7M), and Motor vehicles; parts and accessories (8701 to 8705) ($3.04M). During the last 5 years the exports of Philippines to Pakistan have decreased at an annualized rate of 6.61%, from $90.4M in 2017 to $64.2M in 2022.

In 2017, Pakistan exported $189M to Philippines. The main products exported from Pakistan to Philippines were Rice ($53.7M), Alcohol > 80% ABV ($33.7M), and Packaged Medicaments ($30M). During the last 5 years the exports of Pakistan to Philippines have decreased at an annualized rate of 1.6%, from $211M in 2022 to $189M in 2017.

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

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

Market Competitiveness

Color
Philippines
Top DestinationUnited States$15.5B
Pakistan
Top DestinationUnited States$6.47B

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

In 2022, countries that imported more from Philippines than Pakistan included Hong Kong ($12.6B), China ($15.3B), and Japan ($11.3B).

In 2022, countries that imported more from Pakistan than Philippines included Spain ($1.72B), United Arab Emirates ($2.58B), and Afghanistan ($975M).

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

Comparative Advantage Philippines - Pakistan

Flow
Scale

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

During 2022, Philippines had a large net trade with Pakistan in the exports of Transportation ($20.1M), Paper Goods ($10.8M), and Foodstuffs ($9.3M).

During 2017, Pakistan had a large net trade with Philippines in the exports of Vegetable Products ($69.4M), Foodstuffs ($36.3M), and Textiles ($35.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Pakistan+$3.97MIndustrial Printers
Top Product Potential Pakistan Philippines+$31MRice

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

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

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