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Pricing

2022
Flag → Flag
Exports $576MRnk 56 / 138
2022
Flag → Flag
Top Product $349MSemi-Finished Iron
2022
Flag → Flag
Exports $53.9MRnk 53 / 205
2022
Flag → Flag
Top Product $15MCoconuts, Brazil Nuts, and Cashews
2022
Flag
Economic Complexity (ECI) ECI 0.43Rnk 47 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag  
GDP$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH1.45%CURRENT US$
Rnk 164 / 186
2022
Flag
 GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
GDP PC $15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH-0.49%CURRENT US$
Rnk 145 / 186
2022
Flag
GDP PC$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186

About

Russia-Philippines Trade: In 2022, Russia exported $576M to Philippines. The main products that Russia exported to Philippines were Semi-Finished Iron ($349M), Refined Petroleum ($106M), and Coal Briquettes ($35.4M). Over the past 5 years the exports of Russia to Philippines have increased at an annualized rate of 18.9%, from $243M in 2017 to $576M in 2022.

In 2020, Russia exported services to Philippines worth $15.6M, with Transportation ($4.03M), Travel ($3.83M), and Computer and information services ($3.37M) being the largest in terms of value.

Philippines-Russia Trade: In 2022, Philippines exported $53.9M to Russia. The main products that Philippines exported to Russia were Coconuts, Brazil Nuts, and Cashews ($15M), Vegetable Saps ($9.2M), and Office Machine Parts ($3.22M). Over the past 5 years the exports of Philippines to Russia have decreased at an annualized rate of 34.8%,  from $459M in 2017 to $53.9M in 2022.

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

Comparison: In 2022,  Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B). That same year, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Latest Trends

January, 2022

About

Overview In January 2022, Russia exported $75.8M and imported $40.4M from Philippines, resulting in a positive trade balance of $35.4M. Between January 2021 and January 2022 the exports of Russia have increased by $32M (73.3%) from $43.7M to $75.8M, while imports increased by $15.4M (62%) from $24.9M to $40.4M.

Trade In January 2022, the top exports of Russia to Philippines were Semi-Finished Iron ($36.6M), Coal Briquettes ($2.44M), Refined Petroleum ($1.58M), Kraft Paper ($947k), and Other Uncoated Paper ($695k). In January 2022 the top imports of Russia from Philippines were Computers ($2.74M), Integrated Circuits ($2.65M), Insulated Wire ($2.45M), Electric Heaters ($2.16M), and Electrical Transformers ($1.99M).

Origins In January 2022 the exports of Russia were mainly from KHABAROVSK TERRITORY ($47.1M), KEMEROVO REGION ($23.9M), NOVGOROD REGION ($1.35M), ARKHANGELSK REGION ($927k), and PERM TERRITORY ($625k), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($23.2M), MOSCOW REGION ($6.21M), ST. PETERSBURG ($6.19M), SVERDLOVSK REGION ($841k), and VLADIMIR REGION ($478k).

Growth In January 2022, the increase in Russia's year-by-year exports to Philippines was explained primarily by an increase in product exports in Semi-Finished Iron ($15.6M or 74.3%), Coal Briquettes ($1.34M or 122%), and Refined Petroleum ($1.14M or 263%). In January 2022, the increase in Russia's year-by-year imports  from Philippines was explained primarily by an increase in product imports  in Insulated Wire ($1.6M or 191%), Vacuum Cleaners ($1.54M or 453%), and Electric Heaters ($940k or 77.1%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (January 2021 - January 2022)$32M(73.3%)
IMPORT GROWTH (January 2021 - January 2022)$15.4M(62%)
MAIN EXPORTER (January 2022)KHABAROVSK TERRITORY$47.1M

This section shows exports and imports data at subnational level for Russia. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Russia over time.

To check Philippines and Russia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Philippines and Russia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Russia exported $576M to Philippines. The main products exported from Russia to Philippines were Semi-Finished Iron ($349M), Refined Petroleum ($106M), and Coal Briquettes ($35.4M). During the last 5 years the exports of Russia to Philippines have increased at an annualized rate of 18.9%, from $243M in 2017 to $576M in 2022.

In 2017, Philippines exported $53.9M to Russia. The main products exported from Philippines to Russia were Coconuts, Brazil Nuts, and Cashews ($15M), Vegetable Saps ($9.2M), and Office Machine Parts ($3.22M). During the last 5 years the exports of Philippines to Russia have decreased at an annualized rate of 34.8%, from $459M in 2022 to $53.9M in 2017.

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

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

Market Competitiveness

Color
Russia
Top DestinationChina$101B
Philippines
Top DestinationUnited States$15.5B

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

In 2022, countries that imported more from Russia than Philippines included China ($101B), India ($40.4B), and Turkey ($25.3B).

In 2022, countries that imported more from Philippines than Russia included Hong Kong ($12.6B), Singapore ($7.07B), and Thailand ($3.79B).

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

Comparative Advantage Russia - Philippines

Flow
Scale

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

During 2022, Russia had a large net trade with Philippines in the exports of Metals ($353M), Mineral Products ($142M), and Paper Goods ($24.7M).

During 2017, Philippines had a large net trade with Russia in the exports of Vegetable Products ($24.7M), Machines ($9.45M), and Instruments ($6.23M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Russia Philippines+$14kRefined Petroleum
Top Product Potential Philippines Russia+$9.74kIntegrated Circuits

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

Product Space of Russia (Flag) and Philippines (Flag) (2022)

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