NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $36.1MRnk 56 / 184
2023
Flag → Flag
Top Product $31.2MCopper Ore
2023
Flag → Flag
Exports $29.4MRnk 60 / 201
2023
Flag → Flag
Top Product $9.25MIntegrated Circuits
2023
Flag
Economic Complexity (ECI) ECI 0.76Rnk 35 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 132
2023
Flag  
GDP$81.3BCURRENT US$
Rnk 77 / 195
2013-2023
Flag
GDP GROWTH61.2%CURRENT US$
Rnk 53 / 195
2023
Flag
 GDP$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH54%CURRENT US$
Rnk 67 / 195
2023
Flag
GDP PC $12,282CURRENT US$
Rnk 82 / 195
2013-2023
Flag
GDP PC GROWTH74.4%CURRENT US$
Rnk 20 / 195
2023
Flag
GDP PC$3,805CURRENT US$
Rnk 133 / 196
2013-2023
Flag
GDP PC GROWTH36.8%CURRENT US$
Rnk 65 / 195

About

Serbia-Philippines Trade: In 2023, Serbia exported $36.1M to Philippines. The main products that Serbia exported to Philippines were Copper Ore ($31.2M), Rubber Tires ($849k), and Yeast ($741k). Over the past 5 years the exports of Serbia to Philippines have increased at an annualized rate of 95.8%, from $1.26M in 2018 to $36.1M in 2023.

In 2009, Serbia exported services to Philippines worth $211k, with Personal, cultural, and recreational services ($74.1k), Compensation of employees ($60.3k), and Workers' remittances ($37.8k) being the largest in terms of value.

Philippines-Serbia Trade: In 2023, Philippines exported $29.4M to Serbia. The main products that Philippines exported to Serbia were Integrated Circuits ($9.25M), Semiconductor Devices ($6.22M), and Electromagnets ($4.08M). Over the past 5 years the exports of Philippines to Serbia have increased at an annualized rate of 8.44%,  from $19.6M in 2018 to $29.4M in 2023.

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

Comparison: In 2023,  Serbia ranked 35 in the Economic Complexity Index (ECI 0.76), and 69 in total exports ($32.6B). That same year, Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Serbia exported $36.1M to Philippines. The main products exported from Serbia to Philippines were Copper Ore ($31.2M), Rubber Tires ($849k), and Yeast ($741k). During the last 5 years the exports of Serbia to Philippines have increased at an annualized rate of 95.8%, from $1.26M in 2018 to $36.1M in 2023.

In 2018, Philippines exported $29.4M to Serbia. The main products exported from Philippines to Serbia were Integrated Circuits ($9.25M), Semiconductor Devices ($6.22M), and Electromagnets ($4.08M). During the last 5 years the exports of Philippines to Serbia have increased at an annualized rate of 8.44%, from $19.6M in 2023 to $29.4M in 2018.

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

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

Latest Data

Trade between Serbia (Flag) and Philippines (Flag)

Serbia Exports

Philippines Exports

Market Competitiveness

Color
Serbia
Top DestinationGermany$4.76B
Philippines
Top DestinationChina$19B

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

In 2023, countries that imported more from Serbia than Philippines included Hungary ($2.26B), Bosnia and Herzegovina ($1.77B), and Romania ($1.59B).

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

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

Comparative Advantage Serbia - Philippines

Flow
Scale

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

During 2023, Serbia had a large net trade with Philippines in the exports of Mineral Products ($31.2M), Machines ($1.57M), and Foodstuffs ($1.45M).

During 2018, Philippines had a large net trade with Serbia in the exports of Machines ($26.4M), Instruments ($1.12M), and Vegetable Products ($401k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Serbia Philippines+$1.28MOther Edible Preparations
Top Product Potential Philippines Serbia+$8.74MIntegrated 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Serbia and Philippines. This means that a dot/product with the flag of Serbia indicates it has a comparative advantage over Philippines. Similarly, a dot/product with the flag of Philippines indicates it has a comparative advantage over Serbia.

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms