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2022
Flag → Flag
Exports $20.5MRnk 73 / 205
2022
Flag → Flag
Top Product $4.69MProcessed Fish
2022
Flag → Flag
Exports $132MRnk 15 / 94
2022
Flag → Flag
Top Product $107MNon-fillet Frozen Fish
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.53Rnk 125 / 133
2022
Flag  
GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
 GDP$30.6BCURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP GROWTH43.9%CURRENT US$
Rnk 78 / 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$3,020CURRENT US$
Rnk 133 / 186
2012-2022
Flag
GDP PC GROWTH13.8%CURRENT US$
Rnk 100 / 186

About

Philippines-Papua New Guinea Trade: In 2022, Philippines exported $20.5M to Papua New Guinea. The main products that Philippines exported to Papua New Guinea were Processed Fish ($4.69M), Confectionery Sugar ($2.21M), and Coated Flat-Rolled Iron ($1.29M). Over the past 5 years the exports of Philippines to Papua New Guinea have decreased at an annualized rate of 6.48%, from $28.6M in 2017 to $20.5M in 2022.

In 2022, Philippines did not export any services to Papua New Guinea.

Papua New Guinea-Philippines Trade: In 2022, Papua New Guinea exported $132M to Philippines. The main products that Papua New Guinea exported to Philippines were Non-fillet Frozen Fish ($107M), Copra ($21.6M), and Rough Wood ($1.21M). Over the past 5 years the exports of Papua New Guinea to Philippines have decreased at an annualized rate of 18%,  from $356M in 2017 to $132M in 2022.

In 2022, Papua New Guinea 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, Papua New Guinea ranked 125 in the Economic Complexity Index (ECI -1.53), and 87 in total exports ($15.4B).

Latest Trends

August, 2024

About

Overview In August 2024, Philippines exported $706k and imported $6.7M from Papua New Guinea, resulting in a negative trade balance of $5.99M. Between August 2023 and August 2024 the exports of Philippines have decreased by $-379k (-34.9%) from $1.09M to $706k, while imports decreased by $-2.49M (-27.1%) from $9.19M to $6.7M.

Trade In August 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 August 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 August 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 August 2024, the decrease in Philippines's year-by-year imports  from Papua New Guinea was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$-379k(-34.9%)
IMPORT GROWTH (August 2023 - August 2024)$-2.49M(-27.1%)

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 2022, Philippines exported $20.5M to Papua New Guinea. The main products exported from Philippines to Papua New Guinea were Processed Fish ($4.69M), Confectionery Sugar ($2.21M), and Coated Flat-Rolled Iron ($1.29M). During the last 5 years the exports of Philippines to Papua New Guinea have decreased at an annualized rate of 6.48%, from $28.6M in 2017 to $20.5M in 2022.

In 2017, Papua New Guinea exported $132M to Philippines. The main products exported from Papua New Guinea to Philippines were Non-fillet Frozen Fish ($107M), Copra ($21.6M), and Rough Wood ($1.21M). During the last 5 years the exports of Papua New Guinea to Philippines have decreased at an annualized rate of 18%, from $356M in 2022 to $132M in 2017.

Exports from Philippines (Flag) to Papua New Guinea (Flag) (2022)

Exports from Papua New Guinea (Flag) to Philippines (Flag) (2022)

Market Competitiveness

Color
Philippines
Top DestinationUnited States$15.5B
Papua New Guinea
Top DestinationJapan$4.03B

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

In 2022, countries that imported more from Papua New Guinea than Philippines included Australia ($1.74B), Brunei ($321M), and Timor-Leste ($3.46M).

Difference in imports from Papua New Guinea (Flag) and Philippines (Flag) (2022)

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 2022, Philippines had a large net trade with Papua New Guinea in the exports of Foodstuffs ($9.8M), Metals ($3.51M), and Chemical Products ($2.13M).

During 2017, Papua New Guinea had a large net trade with Philippines in the exports of Animal Products ($107M), Vegetable Products ($21.7M), and Wood Products ($1.46M).

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) (2022)

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