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Pricing

2022
Flag → Flag
Exports $41.1MRnk 58 / 205
2022
Flag → Flag
Top Product $11.7MIntegrated Circuits
2022
Flag → Flag
Exports $12.5MRnk 102 / 191
2022
Flag → Flag
Top Product $1.66MConcentrated Milk
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.5Rnk 44 / 133
2022
Flag  
GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
 GDP$161BCURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 175 / 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$4,534CURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP PC GROWTH13.2%CURRENT US$
Rnk 103 / 186

About

Philippines-Ukraine Trade: In 2022, Philippines exported $41.1M to Ukraine. The main products that Philippines exported to Ukraine were Integrated Circuits ($11.7M), Office Machine Parts ($7.36M), and Semiconductor Devices ($3.57M). Over the past 5 years the exports of Philippines to Ukraine have increased at an annualized rate of 0.81%, from $39.5M in 2017 to $41.1M in 2022.

In 2022, Philippines did not export any services to Ukraine.

Ukraine-Philippines Trade: In 2022, Ukraine exported $12.5M to Philippines. The main products that Ukraine exported to Philippines were Concentrated Milk ($1.66M), Sulfonated, Nitrated or Nitrosated Hydrocarbons ($1.31M), and Seed Oils ($1.25M). Over the past 5 years the exports of Ukraine to Philippines have decreased at an annualized rate of 41.2%,  from $177M in 2017 to $12.5M in 2022.

In 2022, Ukraine 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, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B).

Latest Trends

June, 2024

About

Overview In June 2024, Philippines exported $172k and imported $4.95M from Ukraine, resulting in a negative trade balance of $4.77M. Between June 2023 and June 2024 the exports of Philippines have increased by $61.6k (55.6%) from $111k to $172k, while imports increased by $3.41M (223%) from $1.53M to $4.95M.

Trade In June 2024, the top exports of Philippines to Ukraine were Other Processed Fruits and Nuts ($22.3k) and Commodities not elsewhere specified ($8.78k). In June 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 June 2024, the increase in Philippines's year-by-year exports to Ukraine was explained primarily by an increase in product exports in . In June 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 (June 2023 - June 2024)$61.6k(55.6%)
IMPORT GROWTH (June 2023 - June 2024)$3.41M(223%)

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 2022, Philippines exported $41.1M to Ukraine. The main products exported from Philippines to Ukraine were Integrated Circuits ($11.7M), Office Machine Parts ($7.36M), and Semiconductor Devices ($3.57M). During the last 5 years the exports of Philippines to Ukraine have increased at an annualized rate of 0.81%, from $39.5M in 2017 to $41.1M in 2022.

In 2017, Ukraine exported $12.5M to Philippines. The main products exported from Ukraine to Philippines were Concentrated Milk ($1.66M), Sulfonated, Nitrated or Nitrosated Hydrocarbons ($1.31M), and Seed Oils ($1.25M). During the last 5 years the exports of Ukraine to Philippines have decreased at an annualized rate of 41.2%, from $177M in 2022 to $12.5M in 2017.

Exports from Philippines (Flag) to Ukraine (Flag) (2022)

Exports from Ukraine (Flag) to Philippines (Flag) (2022)

Market Competitiveness

Color
Philippines
Top DestinationUnited States$15.5B
Ukraine
Top DestinationPoland$6.7B

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

In 2022, countries that imported more from Ukraine than Philippines included Poland ($6.7B), Romania ($3.94B), and Turkey ($3.02B).

Difference in imports from Ukraine (Flag) and Philippines (Flag) (2022)

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 2022, Philippines had a large net trade with Ukraine in the exports of Machines ($32.9M), Textiles ($4.1M), and Instruments ($994k).

During 2017, Ukraine had a large net trade with Philippines in the exports of Animal Products ($2.81M), Chemical Products ($2.23M), and Vegetable Products ($1.82M).

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) (2022)

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