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Pricing

2023
Flag → Flag
Exports $58.2MRnk 47 / 201
2023
Flag → Flag
Top Product $22.5MIntegrated Circuits
2023
Flag → Flag
Exports $18.4MRnk 88 / 193
2023
Flag → Flag
Top Product $10.3MWheat
2023
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.39Rnk 47 / 132
2023
Flag  
GDP$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH54%CURRENT US$
Rnk 67 / 195
2023
Flag
 GDP$179BCURRENT US$
Rnk 57 / 195
2013-2023
Flag
GDP GROWTH-6.16%CURRENT US$
Rnk 179 / 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$5,070CURRENT US$
Rnk 122 / 196
2013-2023
Flag
GDP PC GROWTH22.8%CURRENT US$
Rnk 95 / 195

About

Philippines-Ukraine Trade: In 2023, Philippines exported $58.2M to Ukraine. The main products that Philippines exported to Ukraine were Integrated Circuits ($22.5M), Office Machine Parts ($11.4M), and Electrical Transformers ($4.82M). Over the past 5 years the exports of Philippines to Ukraine have decreased at an annualized rate of 0.9%, from $60.9M in 2018 to $58.2M in 2023.

In 2023, Philippines did not export any services to Ukraine.

Ukraine-Philippines Trade: In 2023, Ukraine exported $18.4M to Philippines. The main products that Ukraine exported to Philippines were Wheat ($10.3M), Electric Heaters ($1.36M), and Concentrated Milk ($715k). Over the past 5 years the exports of Ukraine to Philippines have decreased at an annualized rate of 44.5%,  from $348M in 2018 to $18.4M in 2023.

In 2023, Ukraine 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, Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39), and 64 in total exports ($40.3B).

Latest Trends

July, 2024

About

Overview In July 2024, Philippines exported $193k and imported $2.15M from Ukraine, resulting in a negative trade balance of $1.96M. Between July 2023 and July 2024 the exports of Philippines have increased by $40.4k (26.5%) from $152k to $193k, while imports increased by $1.26M (143%) from $885k to $2.15M.

Trade In July 2024, the top exports of Philippines to Ukraine were Other Processed Fruits and Nuts ($22.3k) and Commodities not elsewhere specified ($8.78k). In July 2024 the top imports of Philippines from Ukraine were Electric Heaters ($85.9k), Whey and other milk products ($83.6k), Buckwheat ($79k), Water Soluble Proteins ($65.6k), and Processed Egg Products ($62.1k).

Growth In July 2024, the increase in Philippines's year-by-year exports to Ukraine was explained primarily by an increase in product exports in . In July 2024, the increase in Philippines's year-by-year imports  from Ukraine was explained primarily by an increase in product imports  in Water Soluble Proteins ($54.7k or 505%), Processed Egg Products ($8.29k or 15.4%), and Commodities not elsewhere specified ($688 or 7.94%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)$40.4k(26.5%)
IMPORT GROWTH (July 2023 - July 2024)$1.26M(143%)

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 Ukraine and Philippines trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Ukraine and Philippines Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Philippines exported $58.2M to Ukraine. The main products exported from Philippines to Ukraine were Integrated Circuits ($22.5M), Office Machine Parts ($11.4M), and Electrical Transformers ($4.82M). During the last 5 years the exports of Philippines to Ukraine have decreased at an annualized rate of 0.9%, from $60.9M in 2018 to $58.2M in 2023.

In 2018, Ukraine exported $18.4M to Philippines. The main products exported from Ukraine to Philippines were Wheat ($10.3M), Electric Heaters ($1.36M), and Concentrated Milk ($715k). During the last 5 years the exports of Ukraine to Philippines have decreased at an annualized rate of 44.5%, from $348M in 2023 to $18.4M in 2018.

Exports from Philippines (Flag) to Ukraine (Flag) (2023)

Exports from Ukraine (Flag) to Philippines (Flag) (2023)

Market Competitiveness

Color
Philippines
Top DestinationChina$19B
Ukraine
Top DestinationPoland$4.83B

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

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

In 2023, countries that imported more from Ukraine than Philippines included Poland ($4.83B), Romania ($3.56B), and Turkey ($2.88B).

Difference in imports from Ukraine (Flag) and Philippines (Flag) (2023)

Comparative Advantage Philippines - Ukraine

Flow
Scale

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

During 2023, Philippines had a large net trade with Ukraine in the exports of Machines ($48.6M), Textiles ($2.44M), and Instruments ($2.09M).

During 2018, Ukraine had a large net trade with Philippines in the exports of Vegetable Products ($11.4M), Machines ($2.09M), and Animal Products ($1.91M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Ukraine+$6.21kIntegrated Circuits
Top Product Potential Ukraine Philippines+$6.29kWheat

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

Product Space of Philippines (Flag) and Ukraine (Flag) (2023)

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