Philippines-Singapore Trade: In 2022, Philippines exported $7.07B to Singapore. The main products that Philippines exported to Singapore were Integrated Circuits ($5.22B), Semiconductor Devices ($293M), and Office Machine Parts ($278M). Over the past 5 years the exports of Philippines to Singapore have increased at an annualized rate of 5.07%, from $5.52B in 2017 to $7.07B in 2022.
In 2022, Philippines did not export any services to Singapore.
Singapore-Philippines Trade: In 2022, Singapore exported $9.28B to Philippines. The main products that Singapore exported to Philippines were Refined Petroleum ($2.06B), Integrated Circuits ($1.43B), and Broadcasting Equipment ($545M). Over the past 5 years the exports of Singapore to Philippines have increased at an annualized rate of 8.97%, from $6.04B in 2017 to $9.28B in 2022.
In 2022, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).