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Pricing

2023
Flag → Flag
Exports $107MRnk 38 / 201
2023
Flag → Flag
Top Product $23.3MOffice Machine Parts
2023
Flag → Flag
Exports $97.1MRnk 76 / 211
2023
Flag → Flag
Top Product $23.9MExplosive Ammunition
2023
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.07Rnk 59 / 132
2023
Flag  
GDP$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH54%CURRENT US$
Rnk 67 / 195
2023
Flag
 GDP$381BCURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP GROWTH-5.04%CURRENT US$
Rnk 177 / 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$6,023CURRENT US$
Rnk 113 / 196
2013-2023
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GDP PC GROWTH-17.9%CURRENT US$
Rnk 178 / 195

About

Philippines-South Africa Trade: In 2023, Philippines exported $107M to South Africa. The main products that Philippines exported to South Africa were Office Machine Parts ($23.3M), Other Electrical Machinery ($9.08M), and Integrated Circuits ($7.53M). Over the past 5 years the exports of Philippines to South Africa have decreased at an annualized rate of 0.43%, from $109M in 2018 to $107M in 2023.

In 2023, Philippines did not export any services to South Africa.

South Africa-Philippines Trade: In 2023, South Africa exported $97.1M to Philippines. The main products that South Africa exported to Philippines were Explosive Ammunition ($23.9M), Sowing Seeds ($5.54M), and Citrus ($5.33M). Over the past 5 years the exports of South Africa to Philippines have increased at an annualized rate of 3.89%,  from $80.3M in 2018 to $97.1M in 2023.

In 2023, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.07), and 34 in total exports ($154B).

Latest Trends

July, 2024

About

Overview In July 2024, Philippines exported $13.2M and imported $8.95M from South Africa, resulting in a positive trade balance of $4.22M. Between July 2023 and July 2024 the exports of Philippines have increased by $3.52M (36.6%) from $9.64M to $13.2M, while imports decreased by $-6.07M (-40.4%) from $15M to $8.95M.

Trade In July 2024, the top exports of Philippines to South Africa were Motor vehicles; parts and accessories (8701... ($5.51M), Industrial Printers ($1.7M), Thermostats ($576k), Rolled Tobacco ($355k), and Other Electrical Machinery ($328k). In July 2024 the top imports of Philippines from South Africa were Cars ($748k), Animal Food ($233k), Dextrins ($168k), Coal Briquettes ($159k), and Beauty Products ($149k).

Growth In July 2024, the increase in Philippines's year-by-year exports to South Africa was explained primarily by an increase in product exports in Industrial Printers ($990k or 138%), Rolled Tobacco ($315k or 784%), and Textile Footwear ($197k or 509%). In July 2024, the decrease in Philippines's year-by-year imports  from South Africa was explained primarily by an decrease in product imports  in Steam Boilers ($-166k or -99.4%), Iron Chains ($-59.9k or -92.8%), and Commodities not elsewhere specified ($-45.5k or -77.2%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)$3.52M(36.6%)
IMPORT GROWTH (July 2023 - July 2024)$-6.07M(-40.4%)

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 South Africa and Philippines trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore South Africa and Philippines Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Philippines exported $107M to South Africa. The main products exported from Philippines to South Africa were Office Machine Parts ($23.3M), Other Electrical Machinery ($9.08M), and Integrated Circuits ($7.53M). During the last 5 years the exports of Philippines to South Africa have decreased at an annualized rate of 0.43%, from $109M in 2018 to $107M in 2023.

In 2018, South Africa exported $97.1M to Philippines. The main products exported from South Africa to Philippines were Explosive Ammunition ($23.9M), Sowing Seeds ($5.54M), and Citrus ($5.33M). During the last 5 years the exports of South Africa to Philippines have increased at an annualized rate of 3.89%, from $80.3M in 2023 to $97.1M in 2018.

Exports from Philippines (Flag) to South Africa (Flag) (2023)

Exports from South Africa (Flag) to Philippines (Flag) (2023)

Market Competitiveness

Color
Philippines
Top DestinationChina$19B
South Africa
Top DestinationChina$29.5B

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

In 2023, countries that imported more from Philippines than South Africa included Hong Kong ($11.7B), Singapore ($4.81B), and Japan ($11.4B).

In 2023, countries that imported more from South Africa than Philippines included China ($29.5B), India ($10.8B), and United Kingdom ($9.01B).

Difference in imports from South Africa (Flag) and Philippines (Flag) (2023)

Comparative Advantage Philippines - South Africa

Flow
Scale

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

During 2023, Philippines had a large net trade with South Africa in the exports of Machines ($67.1M), Instruments ($9.14M), and Textiles ($8.36M).

During 2018, South Africa had a large net trade with Philippines in the exports of Weapons ($23.9M), Foodstuffs ($16.7M), and Vegetable Products ($16.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines South Africa+$17.4MIntegrated Circuits
Top Product Potential South Africa Philippines+$6.82MCars

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

Product Space of Philippines (Flag) and South Africa (Flag) (2023)

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