2023
Flag  
GDP
$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH
54%CURRENT US$
Rnk 67 / 195
2023
Flag
 GDP
$35.2BCURRENT US$
Rnk 103 / 195
2013-2023
Flag
GDP GROWTH
84.5%CURRENT US$
Rnk 27 / 195
2023
Flag
GDP PC 
$3,805CURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP PC GROWTH
36.8%CURRENT US$
Rnk 65 / 195
2023
Flag
GDP PC
$2,156CURRENT US$
Rnk 154 / 196
2013-2023
Flag
GDP PC GROWTH
58.3%CURRENT US$
Rnk 33 / 195

About

Philippines-Zimbabwe Trade: In 2023, Philippines exported $47.2k to Zimbabwe. The main products that Philippines exported to Zimbabwe were Broadcasting Equipment ($40.5k), Instructional Models ($3.6k), and Industrial Printers ($1.37k). Over the past 5 years the exports of Philippines to Zimbabwe have decreased at an annualized rate of 8.4%, from $73.2k in 2018 to $47.2k in 2023.

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

Zimbabwe-Philippines Trade: In 2023, Zimbabwe exported $3.88M to Philippines. The main products that Zimbabwe exported to Philippines were Raw Tobacco ($3.86M), Beauty Products ($17.8k), and Electrical Control Boards ($3.45k). Over the past 5 years the exports of Zimbabwe to Philippines have decreased at an annualized rate of 2.23%,  from $4.34M in 2018 to $3.88M in 2023.

In 2023, Zimbabwe 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, Zimbabwe ranked 110 in the Economic Complexity Index (ECI -0.98), and 106 in total exports ($9.05B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Philippines exported $47.2k to Zimbabwe. The main products exported from Philippines to Zimbabwe were Broadcasting Equipment ($40.5k), Instructional Models ($3.6k), and Industrial Printers ($1.37k). During the last 5 years the exports of Philippines to Zimbabwe have decreased at an annualized rate of 8.4%, from $73.2k in 2018 to $47.2k in 2023.

In 2018, Zimbabwe exported $3.88M to Philippines. The main products exported from Zimbabwe to Philippines were Raw Tobacco ($3.86M), Beauty Products ($17.8k), and Electrical Control Boards ($3.45k). During the last 5 years the exports of Zimbabwe to Philippines have decreased at an annualized rate of 2.23%, from $4.34M in 2023 to $3.88M in 2018.

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

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

Market Competitiveness

Color
Philippines
Top Destination
China$19B
Zimbabwe
Top Destination
United Arab Emirates$4.1B

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

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

In 2023, countries that imported more from Zimbabwe than Philippines included United Arab Emirates ($4.1B), South Africa ($1.39B), and Mozambique ($391M).

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

Comparative Advantage Philippines - Zimbabwe

Flow
Scale

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

During 2023, Philippines had a large net trade with Zimbabwe in the exports of Machines ($42.5k), Instruments ($3.6k), and Animal Products ($592).

During 2018, Zimbabwe had a large net trade with Philippines in the exports of Foodstuffs ($3.86M), Chemical Products ($17.8k), and Machines ($3.45k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Zimbabwe+$3.85kGold
Top Product Potential Zimbabwe Philippines+$4.88kGold

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

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

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