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2023
Flag → Flag
Exports $18.7MRnk 76 / 201
2023
Flag → Flag
Top Product $4.22MProcessed Fish
2023
Flag → Flag
Exports $253MRnk 8 / 93
2023
Flag → Flag
Top Product $145MCopper Ore
2023
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.63Rnk 127 / 132
2023
Flag  
GDP$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH54%CURRENT US$
Rnk 67 / 195
2023
Flag
 GDP$30.7BCURRENT US$
Rnk 110 / 195
2013-2023
Flag
GDP GROWTH44.5%CURRENT US$
Rnk 87 / 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$2,958CURRENT US$
Rnk 142 / 196
2013-2023
Flag
GDP PC GROWTH15.5%CURRENT US$
Rnk 117 / 195

About

Philippines-Papua New Guinea Trade: In 2023, Philippines exported $18.7M to Papua New Guinea. The main products that Philippines exported to Papua New Guinea were Processed Fish ($4.22M), Small Iron Containers ($2.03M), and Confectionery Sugar ($1.19M). Over the past 5 years the exports of Philippines to Papua New Guinea have decreased at an annualized rate of 2.92%, from $21.7M in 2018 to $18.7M in 2023.

In 2023, Philippines did not export any services to Papua New Guinea.

Papua New Guinea-Philippines Trade: In 2023, Papua New Guinea exported $253M to Philippines. The main products that Papua New Guinea exported to Philippines were Copper Ore ($145M), Non-fillet Frozen Fish ($98M), and Copra ($8.63M). Over the past 5 years the exports of Papua New Guinea to Philippines have increased at an annualized rate of 1.05%,  from $240M in 2018 to $253M in 2023.

In 2023, Papua New Guinea 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, Papua New Guinea ranked 127 in the Economic Complexity Index (ECI -1.63), and 93 in total exports ($12.5B).

Latest Trends

July, 2024

About

Overview In July 2024, Philippines exported $971k and imported $21.5M from Papua New Guinea, resulting in a negative trade balance of $20.5M. Between July 2023 and July 2024 the exports of Philippines have decreased by $-481k (-33.1%) from $1.45M to $971k, while imports increased by $5.73M (36.3%) from $15.8M to $21.5M.

Trade In July 2024, the top exports of Philippines to Papua New Guinea were Woodworking machines ($925k), Small Iron Containers ($584k), Processed Fish ($401k), Prepared Explosives ($274k), and Electric Batteries ($124k). In July 2024 the top imports of Philippines from Papua New Guinea were Copper Ore ($30.5M), Non-fillet Frozen Fish ($14.3M), Animal Meal and Pellets ($82.8k), Processed Fish ($10.9k), and Telephones ($1.14k).

Growth In July 2024, the decrease in Philippines's year-by-year exports to Papua New Guinea was explained primarily by an decrease in product exports in Confectionery Sugar ($-179k or -99.5%), Baked Goods ($-31.5k or -93.1%), and Malt Extract ($-18.5k or -27.9%). In July 2024, the increase in Philippines's year-by-year imports  from Papua New Guinea was explained primarily by an increase in product imports  in Non-fillet Frozen Fish ($6.05M or 73.6%), Animal Meal and Pellets ($34.1k or 69.8%), and Telephones ($387 or 51.7%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)$-481k(-33.1%)
IMPORT GROWTH (July 2023 - July 2024)$5.73M(36.3%)

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 Papua New Guinea and Philippines trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Papua New Guinea and Philippines Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Philippines exported $18.7M to Papua New Guinea. The main products exported from Philippines to Papua New Guinea were Processed Fish ($4.22M), Small Iron Containers ($2.03M), and Confectionery Sugar ($1.19M). During the last 5 years the exports of Philippines to Papua New Guinea have decreased at an annualized rate of 2.92%, from $21.7M in 2018 to $18.7M in 2023.

In 2018, Papua New Guinea exported $253M to Philippines. The main products exported from Papua New Guinea to Philippines were Copper Ore ($145M), Non-fillet Frozen Fish ($98M), and Copra ($8.63M). During the last 5 years the exports of Papua New Guinea to Philippines have increased at an annualized rate of 1.05%, from $240M in 2023 to $253M in 2018.

Exports from Philippines (Flag) to Papua New Guinea (Flag) (2023)

Exports from Papua New Guinea (Flag) to Philippines (Flag) (2023)

Market Competitiveness

Color
Philippines
Top DestinationChina$19B
Papua New Guinea
Top DestinationChina$3.55B

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

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

In 2023, countries that imported more from Papua New Guinea than Philippines included Australia ($2.07B) and Senegal ($885k).

Difference in imports from Papua New Guinea (Flag) and Philippines (Flag) (2023)

Comparative Advantage Philippines - Papua New Guinea

Flow
Scale

This chart compares trade between Philippines and Papua New Guinea by product, considering products traded by both, Philippines and Papua New Guinea.

During 2023, Philippines had a large net trade with Papua New Guinea in the exports of Foodstuffs ($8.75M), Chemical Products ($2.54M), and Metals ($2.51M).

During 2018, Papua New Guinea had a large net trade with Philippines in the exports of Mineral Products ($145M), Animal Products ($98M), and Vegetable Products ($8.87M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Papua New Guinea+$3.94kComputers
Top Product Potential Papua New Guinea Philippines+$6.76kRefined Petroleum

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

Product Space of Philippines (Flag) and Papua New Guinea (Flag) (2023)

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