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Pricing

2022
Flag → Flag
Exports $7.59MRnk 88 / 205
2022
Flag → Flag
Top Product $2.95MOffice Machine Parts
2022
Flag → Flag
Exports $951kRnk 62 / 145
2022
Flag → Flag
Top Product $689kElectrical Capacitors
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.029Rnk 68 / 133
2022
Flag  
GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
 GDP$32.5BCURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP GROWTH51.9%CURRENT US$
Rnk 57 / 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$5,127CURRENT US$
Rnk 111 / 186
2012-2022
Flag
GDP PC GROWTH47.7%CURRENT US$
Rnk 38 / 186

About

Philippines-El Salvador Trade: In 2022, Philippines exported $7.59M to El Salvador. The main products that Philippines exported to El Salvador were Office Machine Parts ($2.95M), Electrical Transformers ($1.04M), and Insulated Wire ($465k). Over the past 5 years the exports of Philippines to El Salvador have decreased at an annualized rate of 2.76%, from $8.73M in 2017 to $7.59M in 2022.

In 2022, Philippines did not export any services to El Salvador.

El Salvador-Philippines Trade: In 2022, El Salvador exported $951k to Philippines. The main products that El Salvador exported to Philippines were Electrical Capacitors ($689k), Knit T-shirts ($102k), and Cars ($47.3k). Over the past 5 years the exports of El Salvador to Philippines have increased at an annualized rate of 14%,  from $495k in 2017 to $951k in 2022.

In 2022, El Salvador 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, El Salvador ranked 68 in the Economic Complexity Index (ECI -0.029), and 114 in total exports ($7.47B).

Latest Trends

July, 2024

About

Overview In July 2024, Philippines exported $89.8k and imported $434k from El Salvador, resulting in a negative trade balance of $344k. Between July 2023 and July 2024 the exports of Philippines have decreased by $-62.6k (-41.1%) from $152k to $89.8k, while imports increased by $363k (515%) from $70.6k to $434k.

Trade In July 2024, the top exports of Philippines to El Salvador were Aircraft Parts ($58.5k) and Insulated Wire ($4.32k). In July 2024 the top imports of Philippines from El Salvador were Electrical Capacitors ($84.7k), Commodities not elsewhere specified ($5.42k), Knit Socks and Hosiery ($4.12k), Hand Tools ($2.13k), and Knit T-shirts ($2.09k).

Growth In July 2024, the decrease in Philippines's year-by-year exports to El Salvador was explained primarily by an decrease in product exports in . In July 2024, the increase in Philippines's year-by-year imports  from El Salvador was explained primarily by an increase in product imports  in Electrical Capacitors ($56.6k or 202%) and Leather Footwear ($32 or 13.9%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)$-62.6k(-41.1%)
IMPORT GROWTH (July 2023 - July 2024)$363k(515%)

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 El Salvador and Philippines trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore El Salvador and Philippines Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $7.59M to El Salvador. The main products exported from Philippines to El Salvador were Office Machine Parts ($2.95M), Electrical Transformers ($1.04M), and Insulated Wire ($465k). During the last 5 years the exports of Philippines to El Salvador have decreased at an annualized rate of 2.76%, from $8.73M in 2017 to $7.59M in 2022.

In 2017, El Salvador exported $951k to Philippines. The main products exported from El Salvador to Philippines were Electrical Capacitors ($689k), Knit T-shirts ($102k), and Cars ($47.3k). During the last 5 years the exports of El Salvador to Philippines have increased at an annualized rate of 14%, from $495k in 2022 to $951k in 2017.

Exports from Philippines (Flag) to El Salvador (Flag) (2022)

Exports from El Salvador (Flag) to Philippines (Flag) (2022)

Market Competitiveness

Color
Philippines
Top DestinationUnited States$15.5B
El Salvador
Top DestinationUnited States$2.87B

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

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

In 2022, countries that imported more from El Salvador than Philippines included Guatemala ($1.21B), Honduras ($1.18B), and Nicaragua ($497M).

Difference in imports from El Salvador (Flag) and Philippines (Flag) (2022)

Comparative Advantage Philippines - El Salvador

Flow
Scale

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

During 2022, Philippines had a large net trade with El Salvador in the exports of Machines ($5.63M), Chemical Products ($574k), and Vegetable Products ($362k).

During 2017, El Salvador had a large net trade with Philippines in the exports of Machines ($726k), Textiles ($115k), and Transportation ($47.3k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines El Salvador+$1.59MIndustrial Printers
Top Product Potential El Salvador Philippines+$412kKnit T-shirts

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

Product Space of Philippines (Flag) and El Salvador (Flag) (2022)

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