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Pricing

2022
Flag → Flag
Exports $3.15MRnk 115 / 205
2022
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Top Product $812kCement
2022
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Exports $1.04kRnk 29 / 38
2022
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Top Product $532Other Mineral
2022
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Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
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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 PC $3,499CURRENT US$
Rnk 129 / 186
2012-2022
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GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186

About

Philippines-Palau In 2022, Philippines exported $3.15M to Palau. The main products that Philippines exported to Palau are Cement ($812k), Baked Goods ($468k), and Packaged Medicaments ($409k). During the last 26 years the exports of Philippines to Palau have decreased at an annualized rate of 4.52%, from $10.5M in 1996 to $3.15M in 2022.

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

Palau-Philippines In 2022, Palau exported $1.04k to Philippines. The main products that Palau exported to Philippines were Other Mineral ($532), Pastes and Waxes ($256), and Eyewear Frames ($249). During the last 26 years the exports of Palau to Philippines have decreased at an annualized rate of 29.9%, from $10.8M in 1996 to $1.04k in 2022.

In 2022, Palau 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, Palau ranked 219 in total exports ($7.75M), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

About

Overview In N/A, Philippines exported $N/A and imported $N/A from Palau, resulting in a N/A trade balance of $N/A. Between N/A and N/A the exports of Philippines have N/A by $N/A (N/A) from $N/A to $N/A, while imports N/A by $N/A (N/A) from $N/A to $N/A.

Trade In N/A, the top exports of Philippines to Palau were Aluminium Structures ($47.1k), Packaged Medicaments ($38.7k), Electrical Power Accessories ($31.3k), Animal Food ($11.8k), and Baked Goods ($9.02k). In N/A the top imports of Philippines from Palau were .

Growth In N/A, the N/A in Philippines's year-by-year exports to Palau was explained primarily by an decrease in product exports in . In N/A, the N/A in Philippines's year-by-year imports  from Palau was explained primarily by an decrease in product imports  in .

Latest Trade

Flow
Time Scale
Depth
Value

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 Palau and Philippines trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $3.15M to Palau. The main products exported from Philippines to Palau were Cement ($812k), Baked Goods ($468k), and Packaged Medicaments ($409k). During the last 26 years the exports of Philippines to Palau have decreased at an annualized rate of 4.52%, from $10.5M in 1996 to $3.15M in 2022.

In 2022, Palau exported $1.04k to Philippines. The main products exported from Palau to Philippines were Other Mineral ($532), Pastes and Waxes ($256), and Eyewear Frames ($249). During the last 26 years the exports of Palau to Philippines have decreased at an annualized rate of 29.9%, from $10.8M in 1996 to $1.04k in 2022.

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

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

Market Competitiveness

Color
Philippines
Top DestinationUnited States$15.5B
Palau
Top DestinationGreece$2.11M

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

In 2021, countries that imported more from Philippines than Palau were United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

In 2019, no countries were registered that imported more from Palau than from Philippines.

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

Comparative Advantage Philippines - Palau

Flow
Scale

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

During 2022, Philippines had a large net trade with Palau in the exports of Foodstuffs ($1.01M), Mineral Products ($812k), and Chemical Products ($604k).

During 2022, Palau had a large net trade with Philippines in the exports of Mineral Products ($532), Chemical Products ($256), and Instruments ($249).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Philippines has comparative advantage over Palau. Similarly, the more yellow a dot/product is, the more Palau has comparative advantage over Philippines.

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

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