Philippines-Portugal Trade: In 2022, Philippines exported $67.2M to Portugal. The main products that Philippines exported to Portugal were Integrated Circuits ($22.4M), Broadcasting Accessories ($8.25M), and Electrical Control Boards ($6.74M). Over the past 5 years the exports of Philippines to Portugal have decreased at an annualized rate of 33.2%, from $505M in 2017 to $67.2M in 2022.
In 2022, Philippines did not export any services to Portugal.
Portugal-Philippines Trade: In 2022, Portugal exported $24.3M to Philippines. The main products that Portugal exported to Philippines were Other Electrical Machinery ($5.09M), Spark-Ignition Engines ($3M), and Delivery Trucks ($1.41M). Over the past 5 years the exports of Portugal to Philippines have increased at an annualized rate of 4.08%, from $17.7M in 2017 to $24.3M in 2022.
In 2003, Portugal exported services to Philippines worth $19.3M, with Services not allocated ($19.3M) being the largest in terms of value.
Comparison: In 2022, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B). That same year, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).